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Top 10 Latin American Startups to Watch in 2024

We're excited to showcase ten standout startups from Latin America set to make waves in the upcoming year. These companies range from cutting-edge fintech to groundbreaking healthtech, each leading the way with unique solutions to clear problems faced in the region.

Let's dive into the stories of these emerging leaders and discover what makes them the ones to watch in the Latin American statup ecosystem.

1. Uils

Uils has come up with a smart solution to address the financial needs of gig workers. They offer an app with a built-in mobile wallet that gives users a virtual account (CVU) to receive their earnings from different gig apps they work with. What makes Uils unique is their use of machine learning technology, which considers a driver's history to estimate the type of loan they are eligible for. Read the full article here.

2.Mattilda

Many parents in Latin America still pay school tuition in cash, which can be time-consuming and inefficient for schools to collect, it can take schools several weeks or even months to collect all of the tuition payments that are due. Mattilda offers a cloud-based platform that simplifies school payment collection. The platform allows schools to easily create and manage payment requests, and enables parents to make tuition payments using various payment methods. Read the full article here.

3. Legria

Legria makes vacation home ownership more affordable and accessible by allowing multiple investors to share the purchase and maintenance expenses of luxury properties. This approach maximizes property utilization, as different owners can use the home at various times, ensuring efficient use of resources. Read the full article here.

4. Apprenty

Young talents face a significant skill gap between academic learning and digital job demands. Traditional recruitment methods fail to recognize this disparity. Apprenty provides a simulated work environment to bridge the academic-to-job skill gap. They employ innovative recruitment strategies to tap into overlooked young talent. Read the full article here.

5. Mobees

Mobees offers a practical solution by integrating mobile advertising with rideshare services. Through this approach, rideshare drivers can enhance their income by displaying digital advertisements on LED panels installed on their vehicles. This not only provides them with a supplementary income stream without additional driving hours but also turns their cars into moving billboards. For businesses, Mobees provides an effective advertising platform that reaches a wider and varied urban audience. Read the full article here.

6. Choiz

Getting medical treatments often means long waits at the doctor's office and pharmacy lines. Choiz is changing that with a simple online service that delivers your medications right to your home and also automatically replenishes them before you run out. Read the full article here.

7. DolarApp

DolarApp tackles the financial challenges encountered by Latin Americans in managing their finances and accessing banking services in dollars, including the issue of dealing with volatile currencies. The company's primary objective is to offer convenient access to dollars. Users can go from peso to dollar USDc (and back) in seconds, save in USDc earning 3% annually, send and receive payments in the United States without the hassle. Read the full article here.

8. MeCubro

In Latin America, 80% of the population faces challenges accessing effective insurance, especially those with low income. MeCubro offers a new solution with instant, on-demand insurance policies available 24/7 through various channels. Users can pay for coverage only on days they need it, making it a flexible and affordable option. Read the full article here.

9. Tul

In Colombia, the construction materials sector struggles with inefficiency and lack of transparency, causing procurement delays and cost overruns. Tul's solution is a B2B app that consolidates purchasing on a single platform, simplifying the process by reducing the need to interact with multiple suppliers. Read the full article here.

10. Alima

Alima is tackling the complicated and time-consuming process of sourcing fresh produce in Latin America, where businesses often struggle with market visits and vendor negotiations. Their digital platform simplifies this by enabling efficient ordering and delivery of fresh goods using data analytics and artificial intelligence. This innovation streamlines the procurement process, saving time and improving product quality for businesses like restaurants and hotels​. Read the full article here.

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