The Startup Ecosystem of Panama City

Home to 91% of Panama’s startups, Panama City boasts a vibrant startup ecosystem that is ranked 422 in the world.

CITY RANKING

In 2022, the startup scene of Panama City developed considerably and increased in the Global Ecosystem Index by 47 spots.

National Ranking

1st
0
In Panama

Regional Ranking

6th
+
1
In Central America

Global Ranking

422nd
+
47
Worldwide

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ECOSYSTEM

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Ecosystem

The Startup Ecosystem in Panama City

Startups in Panama City excel in Fintech, Software and Data, and Social & and Leisure. There are some notable success stories contributing to the city’s growing Fintech industry. One of the most promising startups in Panama City in 2022 is Munily, NordLocker, and Paguelo Facil.

Global Rank

Panama City is ranked within the top 500 startup ecosystems globally.

Top Industries

Panama City’s startups excel particularly in Fintech where it ranks 239 and in Software and Data, and Social & Leisure. Find out more

Top Cities for Startups in Panama - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2022 National Rank & Change ▲
2022 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
422nd
+
47
1.098
0.10
0.27
0.73
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Startups

Notable Startups in Panama City
Munily startup icon
Munily
NordLocker startup icon
NordLocker
Paguelo Facil startup icon
Paguelo Facil

Startups

Successful Fintech startups in Panama City
Paguelo Facil startup icon
Paguelo Facil

Startups

Startups Ranking by Industry

Fintech icon
Fintech
#239 worldwide

On our map, you can explore a total of 4 startups for Fintech.

Software and Data icon
Software and Data
#497 worldwide

In Central America, Panama City's Software and Data is in top 497. Panama City has a concentration of about 0% of the country's total Software and Data startups that are represented on our map.

Social & Leisure icon
Social & Leisure
2 startups

Our database contains 2 startups for this industry.

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ECOSYSTEM

Why should you join Panama City's Startup Ecosystem?

Overview

Within Panama City there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Software and Data, Social & Leisure. These three industries account for all startups represented on Panama City's Startup Ecosystem Map.

1st

National Rank

6th

Regional Rank

Overview

Panama City is Panama's 1st best startup ecosystem and is ranked 6th in Central America. With a population of <0.1M people, Panama City is ranked th in the world. The city boasts some notable startup success stories including Munily.

ECOSYSTEM
Startup Infrastructure in Panama City
With a large variety of initiatives, Panama City's startup ecosystem stands out from other cities in Central America. Panama City offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Panama City's most prominent support initiatives:

Coworking Spaces

Selina startup icon

Selina

Workings Latam startup icon

Workings Latam

Organizations

Secretaría Nacional de Ciencia, Tecnología, e Innovación (SENACYT) startup icon

Secretaría Nacional de Ciencia, Tecnología, e Innovación (SENACYT)

Autoridad Nacional para la Innovación Gubernamental (AIG) startup icon

Autoridad Nacional para la Innovación Gubernamental (AIG)

INDICASAT AIP startup icon

INDICASAT AIP

Featured Ecosystem Portals

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EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?

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