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What is a startup "unicorn"? The term unicorn refers to a privately held startup company with a value of over $1 billion. Below is a list of the top startup unicorns in Brazil, updated for 2023.
Wildlife Studios is a mobile game developer and publisher.
unico develops solutions such as facial recognition to authenticate identities, electronic signature, and digital admission to create and protect Brazilian’s digital identities. Brazil’s first IDTech, which works to simplify and speed up the identification process between people and companies, is present in big retailers, banks, fintechs, e-commerces, and industries all over the country. To unico, each person is unique and that’s enough to open possibilities. Unico was founded in 2007 and is based in Sao Paulo, Brazil.
QuintoAndar is an online brokerage firm for rental properties. The platform enables property seekers to specify a location and obtain a list of registered properties. The company offers assistance in renting the property, from taking photographs to closing the deal for property owners. It provides information on the tenants and on-time payments every month to the landlords. QuintoAndar was founded in 2012 and is based in Sao Paolo, Brazil.
Olist serves small brick-and-mortar retailers, making products available in virtual stores within larger online marketplaces.
Nuvemshop is a SaaS company that aims to provide a complete e-commerce platform for small retailers and entrepreneurs in Latin American markets.
Neon Pagamentos is a Brazilian fintech with the goal of uniting technology and design to simplify users’ financial experience. It launched with a simple digital account and has since expanded its product suite to include investment products, credit cards, and personal loans, serving both consumer and business clients.
Movile is a developer of mobile content and commerce platforms in Latin America, offering products for mobile phones, smartphones, and tablets.
Madeira Madeira offers an online home goods platform.
Loggi is an online express delivery service that connects clients directly with messengers through a computer or cell phone. The technology delivers pricing, automatic payments, and real-time tracking of their delivery with trained messengers.
iFood is an online food delivery platform that allows customers to place orders online. It delivers fast food, groceries, medicine, drinks and pet foods. The company was founded in 2011 and is based in Osasco, Brazil.
EBANX is an integrated financial services company that offers cross-border payment processing across Latin America. From local fund-collecting, customer support, and KYC to remittance services, Forex solutions, and international settlements, its comprehensive business model allows the company to rapidly expand market share in Brazil and Latin America.
Dock offers credit card processing services. Operating in the B2B market, the company provides electronic payment services to financial institutions and companies. The company was founded in 1997 and is based in Sao Paulo, Brazil.
Creditas operates a digital lending platform that focuses on secured lending. Creditas funds customer loans through both investors and financial institutions. Core products include a version of home equity and auto loans, in which the borrowers offer residences or vehicles as collateral for a first-lien lending product. Its products also include Creditas Auto (car marketplace), Creditas Store (ecommerce platform with a payroll-deductible BNPL model), and Voltz (the largest manufacturer of electric motorcycles in Brazil). The company was founded in 2012 and is based in Sao Paulo, Brazil.
CloudWalk is an open payment platform for creating and managing point-of-sale, hardware-agnostic payments apps focused on North America and LatAm (Latin America). The company's payment network per the company is built from the ground up on modern technology and blockchain and focuses on disrupting the payment ecosystem for small-and-medium enterprise merchants and their customers.
CargoX offers heavy-duty trucking services for corporations. It enables truck owners and operators to make use of excess capacity and avoid empty return trips. It was founded in 2015 and is based in Sao Paulo, Brazil.
C6 Bank is a mobile-only bank. It is based in Sao Paulo, Brazil.