Argentina is a growing tech hub and already home to several tech unicorn companies with valuations over $1 billion. Much of its advancements in recent years stems from the country’s focus on expanding internet and cellular access throughout the country, which has created a need for telecommunications, information technology and cybersecurity providers. As Argentina continues to advance its tech industry, these are the companies you should know watch.
Top Tech Companies in Argentina to Know
- Despegar
- Mutt Data
- Ualá
- MercadoLibre
- Lemon
Top Tech Companies in Argentina
Despegar, which translates to take off, is a digital travel group operating multiple hotel and air travel brands. It began as a flight booking platform but has since expanded to include car rentals, accommodations, home rentals and experiences. Despegar operates in over 19 countries and is publicly traded on the New York Stock Exchange.
Headquartered in Buenos Aires, Mutt Data is an analytics company that helps clients create custom machine learning and artificial intelligence solutions. It consults with marketing, finance and telecommunications companies and helps boost performance and key metrics through automation. Mutt Data also helps legacy companies migrate to new infrastructure and technologies.
Ualá is an Argentinian neo-banking platform and one of the country’s most successful tech companies. It provides checking and savings accounts, but became increasingly popular for offering credit cards, as they are hard to access through other banks. Since launching in 2017, Ualá has developed business banking services and expanded to Colombia and Mexico.
MercadoLibre is an e-commerce platform that sells everything from computers to vehicles and clothes. Founded in 1999, It is popular for its various payment methods and even accepts cash payments through partnering retailers. The company also operates Mercado Pago, a remittance and money transfer platform.
Lemon is a popular crypto platform with over 2 million users in Latin America. The exchange enables users to buy and sell various cryptocurrencies but also includes features like crypto bill pay and a pre-paid Lemon Card that grants Bitcoin cash back for every use.
