According to , Mexico is the second largest technology hub in Latin America. world finance, a technology powerhouse that continues to grow. In recent years, the country’s central government has embraced the adoption of technology and redefined the concept of government tech by innovating platforms for various government services and creating research guidelines for several industries.
The country’s private sector has followed suit, becoming a global player in fintech, enterprise software and IT outsourcing. Mexico’s proximity to the United States and friendly geopolitical relations have also contributed to Mexico’s technology prosperity. The local technology industry is expected to grow in the coming years, and these companies are already some of the top companies innovating across Mexico.
Top Mexican tech companies you should know about
- arrival logistics
- tabula
- Kabak
- Confio
- theory of capital
- ancient
- hell
Top technology companies in Mexico
Arriv Logistics is a third-party logistics (3PL) company with locations in the United States, Canada, and Mexico. The company helps businesses find carriers to transport their cargo to its destination. In addition to facilitating shipping, Arrive Logistics also develops industry software that tracks shipments and manages all necessary documentation.
Taboola’s software helps creators market their digital creations. The Discover platform allows content owners to generate marketing campaigns. The platform then uses artificial intelligence to find an audience for your content and display it on sites like Yahoo and the BBC. Taboola also develops tools to collect and analyze audience data.
Kavak is a used car marketplace and one of Mexico’s largest technology companies valued at over $8 billion. In addition to a rich lineup of used cars, this platform also provides financing and delivery services. Since its launch in 2014, Kavak has expanded across Latin America and parts of the Middle East.
Konfio stands for trust and is a fintech platform for Mexican businesses. Through Konfio, businesses in the retail, construction, and wholesale industries will have access to credit lines, business credit cards, and payment terminals. The company says its payment terminals offer monthly payment options in addition to traditional checkout functionality.
Kapital is an enterprise platform that embeds AI and automation in finance. Opening a Kapital account gives businesses access to Kapital AI that generates corporate cards, credit lines, financial forecasts, manages transactions, and identifies recurring payments. Its AI also has chatbot capabilities to aid in strategic financial decision-making.
Ancient is a web developer with offices in Cuernavaca and Guadalajara, Mexico’s Silicon Valley. The company works with customers in insurance, banking, and telecommunications to provide custom software, blockchain platforms, and IT consulting services.
Heru develops tax and human resources software for independent contractors. The platform allows employers to reward contract workers with benefits such as gym passes, telehealth services, and voucher cards, which can increase retention rates. The platform also helps independent contractors track their earnings and save money with a built-in savings account feature.
Parrot develops restaurant software that helps you increase revenue and streamline your operations. Its platform aims to be a single-point solution for all restaurant needs, allowing it to process payments, aggregate customer reviews, and generate operational reports.
Alluxi is a software development company specializing in bespoke web and mobile development. The company has several years of experience in developing with his React and Python languages and has made a name for itself by adopting strategic development strategies. In addition to in-house development, Alluxi also offers nearshoring services for software, design, and maintenance work.
Covalto is a neobanking platform that provides products and services to businesses. The company aims to be a one-stop shop, offering business accounts, lines of credit, leases and fiduciary advice.