parco
Parco is a Mexican mobile-first fintech platform that enables drivers to pay parking tickets digitally via QR/barcode scanning across all 28 Mexican states, partnering with shopping centers, hotels, hospitals, and corporate buildings, and monetizing through transaction commissions, Prime subscriptions, and in-app advertising.
- Company typePrivate
- Founded2018
- HeadquartersZapopan, Mexico
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What parco does
Parco, operated by CORPA TECH, S.A.P.I. de C.V., is a Mexican fintech company providing a mobile-first parking payment platform headquartered in Zapopan, Jalisco. Its core product is the Parco App, available on Apple App Store, Google Play, and Huawei AppGallery, which enables drivers to pay parking tickets via QR/barcode scanning or manual entry, eliminating cash handling and exit queues. The platform integrates with affiliated parking operators across all 28 Mexican states — covering shopping centers (Andares, Plaza Mayor, Plaza Cibeles, Chedraui, FibraShop, Sam's Club), corporate buildings, hotels, and hospitals — through a non-invasive web service API that requires no hardware changes at the operator's facility.
Parco monetizes through multiple streams: per-transaction commissions on parking payments, recurring subscription tiers (Parco Prime Basic at 25 commission-free tickets/month with 5% discount; Prime Elite at 75 commission-free tickets/month with 10% discount; Prime Business for corporate accounts), in-app advertising (Parco for Business — in-app placements, push notifications, geofenced messages, email, SMS campaigns), valet parking payments, prepaid wallet top-ups via OXXO/SPEI/card, and toll tag recharges. The architecture supports multiple payment gateways (Stripe, Conekta, PayPal, Apple Pay, Banwire, BANREGIO, SPEI, OXXO). In July 2025, the company launched Mi Auto, extending the platform into broader vehicle services including PASE toll tag recharges and planned traffic fine payments. Leadership consists of founder and CEO Juan Leano and Director Cristobal Camberos; the company has raised approximately $1.2M across four disclosed funding rounds from 2019 through 2022 from investors including Redwood Capital Partners, Polígono Capital, Genesis Capital Ventures, KF Ventures, and Corpa Capital.
parco firmographics
Firmographics- Name
- parco
- Legal name
- CORPA TECH, S.A.P.I. de C.V.
- Website
- https://parcoapp.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Parco is a Mexican mobile-first fintech platform that enables drivers to pay parking tickets digitally via QR/barcode scanning across all 28 Mexican states, partnering with shopping centers, hotels, hospitals, and corporate buildings, and monetizing through transaction commissions, Prime subscriptions, and in-app advertising.
- Ownership category
- akta.pro rank
parco industry classification
Industry- Product category
- Mobile Parking Payment Platform
- NAICS
- Parking Lots and Garages (812930), Parking Lots and Garages (81293)
- SIC
- Services-Automotive Repair, Services & Parking (7500)
- akta.pro primary industry
- Parking & Toll Payment/Reservation Platforms (BPAMAIAL)
- akta.pro secondary industries
- Digital Payments & Enforcement for Parking (Mobile Pay, LPR/ANPR, Citation Mgmt) (TLAJAIAE), Parking Access & Revenue Control Systems (PARCS) (Gates, Pay Stations, Ticketing) (TLAJAIAD)
Keywords
Where parco is headquartered
LocationHeadquarters
- HQ city
- Zapopan
- HQ country
- Mexico
- HQ region
- Latin America
Offices1 record
Markets served
parco business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Parking Transaction Commission: Parco charges a commission on each parking payment made through the platform. The commission is collected from the parking operator or included in the transaction cost displayed to the user prior to payment confirmation.
- Parco Prime Subscriptions: Three subscription tiers: Prime Basic (25 tickets/month commission-free + 5% discount), Prime Elite (75 tickets/month commission-free + 10% discount), and Prime Business (corporate accounts with preferential commission rates). Subscriptions billed monthly with recurring charges to stored payment methods.
- In-App Advertising (Parco for Business): Advertising platform allowing brands to reach Parco users through in-app placements, promotions section, email, SMS, push notifications, and geofenced location-based messages. Includes campaign customization, result reporting, and metric dashboards.
- Valet Parking Payments: Separate payment service for valet parking operations, distinct from self-service parking payments.
- TAG Road Toll Recharge: Users can add and link electronic highway toll tags to their vehicle account and recharge balance through the app.
- Prepaid Account Balance: Users can load money into their Parco prepaid account via OXXO stores, SPEI transfer, or card payments including Apple Pay. Prepaid balance used for parking and other services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Parco Prime Basic: Up to 25 parking tickets per month without commission + 5% discount on parking rates |
| Subscription | Monthly | Parco Prime Elite: Up to 75 parking tickets per month without commission + 10% discount on parking rates |
| Subscription | Monthly | Parco Prime Business: Corporate accounts with preferential commission rates for employee/visitor/client parking |
| Freemium | Pay-as-you-go | Core App (Free): Basic parking payment via barcode/QR scanning |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels9 records
parco product offering
Product offeringCore offering
Parco operates a mobile parking payment platform that enables drivers to pay parking tickets via QR/barcode scanning or manual entry through its Parco App, eliminating the need for cash or queuing at affiliated parking facilities. The platform integrates with parking operators via web services without requiring hardware changes, and extends into subscription memberships (Parco Prime), vehicle-related payments such as PASE toll tag recharges and traffic fines (Mi Auto), and an in-app advertising product (Parco for Business).
Product overview
Parco is a mobile-first mobility payment platform operated as a SaaS model in Mexico. The core product is the Parco App — a white-label parking payment solution that integrates with affiliated parking operators' infrastructure via QR/barcode scanning and web service connections, enabling users to pay parking tickets digitally without cash. The platform operates on a modular architecture: Parco Prime (Basic and Elite tiers) functions as a paid membership add-on reducing transaction commissions and providing per-ticket discounts; Mi Auto (launched July 2025) extends the platform into broader vehicle services including toll tag recharge and fine payments; and Parco for Business provides in-app advertising inventory for brands. The platform also supports a prepay wallet system, valet parking payments, and business/corporate account management.
Differentiator
Problem solved
Functional benefit
Brands
- Parco Prime: Membership program offering commission-free transactions and discounts on parking fees. Includes Prime Básico (up to 25 tickets/month with 5% discount) and Prime Elite (up to 75 tickets/month with 10% discount).
- Mi Auto
- Parco for Business
Products and services
- Parco App Mobile application that lets individual drivers pay parking tickets digitally via QR/barcode scanning or manual ticket capture, eliminating the need for cash or queuing at affiliated parking facilities. The app is targeted at end consumers (drivers) parking at shopping centers, corporate buildings, hotels, and hospitals integrated with the Parco platform.
- Parco Prime Subscription membership program offering commission-free transactions and percentage discounts on parking rates for frequent users. Includes Prime Básico (25 tickets/month, 5% off parking rates), Prime Elite (75 tickets/month, 10% off), and Prime Business (negotiated preferential commission rates for corporate accounts managing employee, visitor, or client parking).
- Mi Auto In-app vehicle management section launched in July 2025 that consolidates vehicle-related payment services such as PASE electronic toll tag recharges, traffic fine payments, and highway tag top-ups into a single interface inside the Parco app. Targeted at drivers who want a unified place to handle vehicle-related payments beyond parking.
- Parco for Business Advertising and brand visibility product embedded in the Parco app, offering brands targeted placements across in-app banners, a promotions section, email, SMS, and geofenced push notifications, with campaign customization, performance reporting, and metric dashboards. Targeted at brands and advertisers that want to reach Parco's driver user base in Mexico.
Quantifiable outcome
- 0+ million registered users
- +3 more outcomes
Companies that use parco
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles4 records
parco technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature6 records
parco partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered minor.
- Grupo DMIminorParking operator or commercial partner affiliated with the Parco platform for parking payment services. Logo displayed on Parco homepage as partner.
- FunnominorParking operator or commercial partner affiliated with the Parco platform. Logo displayed on Parco homepage as partner.
- DanosminorParking operator or commercial partner affiliated with the Parco platform. Logo displayed on Parco homepage as partner.
- ChedrauiminorMajor Mexican retail chain with parking facilities integrated into Parco payment network. Logo displayed on Parco homepage as partner.
- FibraShopminorReal estate investment trust (REIT) focused on shopping centers with parking facilities integrated into Parco platform. Logo displayed on Parco homepage as partner.
- MagmaminorParking operator or commercial partner affiliated with the Parco platform. Logo displayed on Parco homepage as partner.
- TYAminorParking operator or commercial partner affiliated with the Parco platform. Logo displayed on Parco homepage as partner.
- PoligonoCapitalminorParking operator or commercial partner affiliated with the Parco platform. Logo displayed on Parco homepage as partner.
- RedwoodminorParking operator or commercial partner affiliated with the Parco platform. Logo displayed on Parco homepage as partner.
- KFVminorParking operator or commercial partner affiliated with the Parco platform. Logo displayed on Parco homepage as partner.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
parco competitors and assessment
Company assessmentRegional players
- JustPark: UK-based parking booking and payment platform serving drivers and operators with comparable app-first and pre-book functionality; comparable in product surface area though geographically distinct from Parco's LATAM focus.
Emerging players
- Park+ (ParkPlus): India-based digital parking and vehicle services platform offering app-based parking payments, FASTag recharges, and vehicle management, conceptually similar to Parco's Mi Auto expansion into vehicle-related payments.
- SpotHero: US-focused parking marketplace that also offers digital reservation and payment; while more marketplace-driven than Parco, it competes for operator relationships and consumer mindshare in the broader digital parking category.
- Wibond: Latin American digital credit and payment solutions provider for SMBs and consumers, operating across Argentina, Brazil, Mexico, and Chile; comparable in building LATAM fintech infrastructure, though not a direct parking competitor.
Direct peers
- Parkimovil: Mexican mobile parking payment app offering QR/barcode-based ticket payment at affiliated parking facilities, directly competing with Parco for both operator partnerships and end users across Mexico.
- Telpark (Empark): Mobile parking payment platform operated by European parking giant Empark, with presence across Spain, Portugal, and select LATAM markets; directly competes with Parco's on-demand mobile parking payment value proposition.
Broad incumbents
- PayByPhone: Global mobile parking payment app owned by Volkswagen Financial Services, operating across North America, Europe, and Australia with millions of users; comparable product offering and B2B2C operator model to Parco.
- ParkMobile (BP): One of the largest mobile parking payment platforms in North America, now owned by BP; offers comparable app-based parking payment, reservation, and operator-side tools, representing a scaled incumbent benchmark.
- EasyPark Group: European mobile parking payment platform operating across 20+ countries with operator integrations, app-based payments, and analytics for municipalities and operators; provides a comparable international benchmark to Parco's model.
- Mercado Pago: Dominant Mexican digital wallet and payment processor with broad consumer reach across Mexico; could easily extend into parking payment via QR partnerships, representing an existential adjacent competitor to Parco.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
parco social profiles
Digital presenceparco financial estimates
Financial estimateRevenue estimate
Valuation estimate
parco leadership team
Management profileNumber of profiles
Profiles2 records
parco funding detail
Funding detailFunding overview
Funding rounds4 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
parco M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about parco
What does parco do?
Parco operates a mobile parking payment platform that enables drivers to pay parking tickets via QR/barcode scanning or manual entry through its Parco App, eliminating the need for cash or queuing at affiliated parking facilities. The platform integrates with parking operators via web services without requiring hardware changes, and extends into subscription memberships (Parco Prime), vehicle-related payments such as PASE toll tag recharges and traffic fines (Mi Auto), and an in-app advertising product (Parco for Business).
Is parco a public or private company?
parco is a private company. It is classified as venture growth investor backed and is currently operating.
When was parco founded?
parco was founded in 2018. It employs 11 to 50 people.
Where is parco based?
parco is headquartered in Zapopan, Mexico, in the Latin America region.
How does parco make money?
Six revenue lines are on record. Parking Transaction Commission is the primary driver. The others are parco Prime Subscriptions, in-App Advertising (Parco for Business), valet Parking Payments, TAG Road Toll Recharge and prepaid Account Balance.
Who are parco's main competitors?
JustPark is listed as a regional player. Emerging players are Park+ (ParkPlus), SpotHero and Wibond. Direct peers are Parkimovil and Telpark (Empark). Broad incumbents are PayByPhone, ParkMobile (BP), EasyPark Group and Mercado Pago.
Does parco have an API?
No public API is recorded for parco.
What industry is parco in?
parco's product category is Mobile Parking Payment Platform. Its primary akta.pro industry code is BPAMAIAL, Parking & Toll Payment/Reservation Platforms, with a secondary code of TLAJAIAE, Digital Payments & Enforcement for Parking (Mobile Pay, LPR/ANPR, Citation Mgmt). Its NAICS code is 812930 and its SIC code is 7500.