Mexico is Latin America’s second-largest tech hub, according to World Finance, and a growing technological powerhouse. In recent years, the country’s national government has embraced tech adoption and redefined the idea of govtech by innovating platforms for various governmental services and creating research guidelines for several industries.
The country’s private sector has also followed suit and is a global player in fintech, enterprise software and IT outsourcing. Its proximity to the United States and friendly geopolitical relations have also helped Mexico’s tech flourish. The local tech industry is expected to grow in the coming years and these are some of the top companies already innovating throughout Mexico.
Top Tech Companies in Mexico to Know
- Arrive Logistics
- Taboola
- Kavak
- Konfio
- Kapital
- Ancient
- Heru
Top Tech Companies in Mexico
Chainlink Labs offers Web3 services that build technology to enable organizations to develop applications that can connect securely to ant blockchain. Developers can use its products in industries like gaming and financial services. The company is based out of San Francisco and has a fully remote workforce that hires out of Mexico.
Overhaul offers software that allows shippers to connect data from the transportation and logistics industry so its clients can have a more transparent view of their supply chain. Its tools can trigger real-time corrective actions for a variety of issues including the location a package goes to and the temperature of a truck. The company was founded in 2015 and says it has an office in Mexico City.
Motive builds productivity and safety products for driver safety and equipment tracking. It builds technology to automate vehicle fleet management and manufactures environmental sensors, telematics trackers and dash cameras. The company has a remote workforce with an office in Mexico City.
Magna is a mobility technology company who develops electric components, vehicle body structures and driver support systems. It says its aim is to reduce vehicular injuries and fatalities through its electronic seating and composite battery covers. The company has a hybrid workforce in Mexico.
Getty Images offers an image repository platform that includes stock images, photojournalism and editorial videos. Its media library hosts over 500 million digital assets that can be accessed by companies or individual users. The company is headquartered in Seattle and has a hybrid workforce in Mexico.
Workiva provides a secure and audit-ready cloud platform that aims to simplify regulatory, operational and financial reporting. It offers tools to draft and revise documents through its generative AI integration. The company has a remote workforce and hires in Mexico.
McDonald’s is a globally franchised quick service restaurant that uses technology to optimize and scale its back-end and front of house operations. Its drive-thru operations and digital menu displays are optimized by AI. The company is headquartered in Chicago and has a hybrid workforce in Mexico.
TrueML develops financial technology solutions to optimize the customer experience. For example, its company TrueAccord has a digital collections platform that uses machine learning to power personalized communications, with the goal of setting consumers on a path to getting their debts paid. TrueML has a growing workforce in Latin America and is hiring software engineers to work remotely in Mexico.
JumpCloud offers a single platform IT teams can use to unify management of user identities, endpoint devices and access to important data and systems. The company serves businesses across more than 160 countries, helping them implement efficient IT workflows that bolster their compliance efforts and security posture.
Mondelez International makes snack foods and drinks under an array of well-known brands, including Chips Ahoy! cookies, Ritz crackers and Tang drink mix. The company’s presence in Mexico is headquartered in the Santa Fe area of Mexico City. Mondelez also has a research and development center as well as chewing gum and cookie production plants in Mexico.
Businesses use SailPoint’s AI-powered platform to streamline identity management so they can overcome security challenges and enable real-time digital access for authorized users. Its solutions have applications for industries like healthcare, financial services, utilities, higher education and manufacturing.
Pangea is a fintech company offering a mobile app that lets users securely send money to other people. Funds can be received through bank deposit or recipients can get their money in cash from one of Pangea’s more than 40,000 pick-up locations. Pangea’s money transfer services are available in two dozen countries, including Mexico, Vietnam, France, Germany, Ghana, El Salvador and Malaysia.
Samsara makes IoT technology for enhancing industrial operations and management of vehicle and equipment fleets. Its safety, efficiency and sustainability solutions include continuous equipment diagnostics to support preventative maintenance and AI-powered dash cams that capture incident footage and make it quickly accessible.
Level Access leverages its tools and expertise to help organizations build accessibility and compliance into their digital products and workflows. The company offers solutions for organizations such as retail brands, software vendors, financial services providers and government agencies.
Qualtrics offers experience management software, which gathers first-person reported data on how customers and employees genuinely feel. Qualtrics surveys are customizable and can collect data on anything from perceived experience with a supervisor during a 360-degree review to the intricacies of UX on a software dashboard. Its surveys are also anonymous in order to solicit a deeper and more truthful set of data than simply collecting information through informal reviews.
Cisco Meraki provides cloud-managed IT network services, which businesses rely on to handle their communications and essential operations like security, wireless internet, routing and IoT device management. From the dashboard of its signature platform, clients can observe and manage their internal networks, which are maintained through a “zero touch” service. Cisco Meraki’s Mexico City base is growing its team of network support engineers.
Adyen operates a B2B payment platform used by retail, digital business and hospitality clients as an end-to-end solution for financial management, data and payment processing. Trusted by massive e-commerce and mobility clients including Uber and H&M, the company takes transaction data sets and turns them into actionable insights for areas of growth. In Mexico, the company has had a presence since 2016 and can process any credit or debit transaction across banking institutions.
Arrive Logistics is a third-party logistics, or 3PL, company with locations in the U.S., Canada and Mexico. The company helps businesses find carriers who will transport their cargo to its destination. In addition, Arrive Logistics develops industry software that helps both its internal team and external partners manage freight.
Taboola’s software helps creators market their digital work. Using its Discover platform, content owners can generate marketing campaigns. The platform then uses artificial intelligence to find audiences for the content and displays it on sites like Yahoo and the BBC. Taboola also develops tools that collect and analyze audience data.
Kavak is a used-vehicle marketplace and one of Mexico’s largest tech companies, valued at over $8 billion. The platform hosts an extensive lineup of used cars and also provides financing and delivery services. Since launching in 2014, Kavak has expanded throughout Latin America and parts of the Middle East.
Konfio, which translates to trust, is a fintech platform for Mexican businesses. Through Konfio, businesses working in retail, construction or wholesale can get access to credit lines, business credit cards and payment terminals. According to the company, its payment terminals provide monthly payment options in addition to traditional checkout features.
Kapital is a corporate platform that incorporates AI and automation into finance. Opening a Kapital account gives businesses access to corporate cards, credit lines and the Kapital AI, which generates financial forecasts, manages transactions and identifies recurring payments. Its AI also features chatbot functionality to help with strategic financial decisions.
Ancient is a web developer with offices in Cuernavaca and Guadalajara — the Silicon Valley of Mexico. The company works with insurance, banking and telecom clients to provide custom software, blockchain platforms and IT consulting services.
Heru develops tax and HR software for independent contractors. The platform allows employers to grant contract workers benefits like gym passes, telemedicine 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 boost revenue and streamline operations. Its platform aims to be a single-point solution for all restaurant needs and can process payments, aggregate customer reviews and generate operations reports.
Alluxi is a software development company specializing in bespoke web and mobile development. The company has several years of experience developing with React and Python languages and has made a name for itself by employing strategic development strategies. Aside from in-house development, Alluxi also provides nearshoring services for software, design and maintenance work.
Covalto is a neo-banking platform that offers products and services to businesses. The company aims to be a one-stop-shop and provides business accounts, credit lines, leases and fiduciary advising.
