If the pages of our weekly Domingo Brief haven’t yet made it clear, let us just say it outright: there are lots of exciting companies on the come-up in Latin America.

We’ve spoken at length about some of the biggest success stories, Fortune 500 companies like Nubank and Rappi, but there’s plenty more. As we kick off 2026, let’s take a look at the startups which had the biggest funding splashes last year.

Sitting at the top of the throne at year’s end is Plata, a Mexican fintech which raised over $400M across various funding rounds in 2025. Having applied for an official banking license at the end of 2024, Plata – which is now valued at over $3B – is positioning itself as Mexico’s Nubank for credit. A tall order, but one we look forward to seeing it achieve.

Vertical bar chart comparing venture capital funding by country in 2025, showing Brazil dominates funding in Latin America | Sources: Latinometrics
The LatAm Venture Capital throne belongs to Brazil

And finance is well represented beyond Plata, with three other fintech firms – Klar, Kapital, and Creditas – all securing at least $100M in funding.

The only sector to see almost as much venture love last year was enterprise software and IT, which included Brazilian startups like B2B tech provider Canopy and cloud-based management software Omie.

Now, Mexican firms like Plata and cleantech mobility firm VEMO may have had the strongest performance, but Brazil remains Latin America’s center of gravity in the venture capital space. While Latin America’s largest economy passed the crown to Mexico in Q2 of last year for the first time since 2012, by the fall Brazilians were back on top.

Bubble chart showing top equity funding rounds in Latin America for 2025, with Mexico leading in the largest individual funding rounds | Sources: Latinometrics
Latin America's top equity funding rounds of 2025

In fact, Brazil’s VC dominance is by no means small—it exceeds the total of the next five markets (Mexico, Chile, Colombia, Argentina, and Peru) put together.

With VC dollars certainly seeming to have cooled down since the $16B golden heyday seen in 2021, today startups have to be all the more competitive to access reliable capital.