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Parco App logo — The one-stop-shop for mobility related payments in LATAM

Parco App

The one-stop-shop for mobility related payments in LATAM

Founded 2016 Mexico Zapopan, Mexico 47 employees Venture round Total: $1.20M Payments, Car insurance

General Information

Company Name Parco App
Founded Year 2016
Location Mexico Zapopan, Mexico
Employees 47
Industries Payments, Car insurance
Funding Stage Venture round
Social

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About Parco App

Parco App is an innovative startup in the payments industry, offering a one-stop-shop for mobility-related payments in the LATAM region. Since its establishment in 2018, the company has been committed to simplifying the experience for drivers in LATAM. The headquarters of Parco App is located in Mexico. The company's slogan, "The one-stop-shop for mobility related payments in LATAM," encapsulates its mission to streamline the payment process for drivers across the region. Parco App's ecosystem allows car drivers to seamlessly pay for a wide range of services, including parking lots, government fees, and more. With a strong focus on user convenience, Parco App has already gained significant traction, boasting a user base of over 2 million Parcolovers. The company's emphasis on providing secure, easy, and fast payment experiences has resonated with users and reflects its potential for further growth and impact in the mobility and payments space. The latest milestone for Parco App was securing a Venture Round investment on 15 March 2023, with Redwood Ventures participating as the investor. This latest investment underscores the confidence of investors in Parco App's vision and potential for continued success and expansion in the LATAM market. As the company continues to carve out its niche in the competitive payments industry, its focus on user-centric solutions positions it favorably for future opportunities and growth.

Business keywords: Mobility, Payments, LATAM, Ecosystem, Drivers, Parking, Government Fees, Mobile Application, Technology, User Experience, Proximity Marketing, Car Services, Mexico

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
Redwood Ventures
Redwood Ventures
15 Mar 2023
Seed Round $600.00K -
05 Jan 2022
Pre Seed Round $350.00K 2
Redwood Ventures Polígono Capital
Redwood Ventures, Polígono Capital
14 Nov 2019
Pre Seed Round $250.00K 3
KF Ventures Genesis Capital Ventures, LLC
KF Ventures, Genesis Capital Ventures, LLC +1
01 Feb 2019

Parco App Alternatives & Competitors

Parco App vs
AMAFH CB
AMAFH CB United Arab Emirates

Commercial Broker and Service Provider for UAE Banking and Financial Institutions

61 employees
Financial Services, Payments
Compare Parco App vs AMAFH CB

FAQ About Parco App

The one-stop-shop for mobility related payments in LATAM
Parco App was founded in 2016.
Parco App is headquartered in Zapopan, Mexico.
Parco App operates in Payments and Car insurance. Its work centres on Mobility, Payments, LATAM and Ecosystem.
Parco App has approximately 47 employees.
Parco App has completed 4 funding rounds, raising a total of $1.20M. The latest funding stage is Venture round.
Top alternatives and competitors to Parco App include AMAFH CB. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Parco App and AMAFH CB are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Parco App, https://bouncewatch.com/company/parco-app, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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