An apparatus for preparing tostones, referred to herein as a tostonera, has a base member with an upper surface including a plurality of concave recesses therein and a relatively planar bottom surface. A first press member is connected to the base member along a first periphery, and has a plurality of punches equal in number and co-located with the plurality of concave recesses. The first press member hingedly connected to the base member is capable of engaging the base member when pressure is applied to the first press member. A second press member hingedly connected to the base member along a second periphery, has at least one depression therein. The depression within the second press member may be configured to permit either a series of tostones or an entire half banana to be pressed at a single time.