Ábaco

Name

Ábaco

Legal name

ABACO TECHNOLOGIES, S.A. de C.V.

Website

https://abacocapital.co

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Digital Factoring & Working Capital Financing

NAICS

Sales Financing (522220), Sales Financing (52222)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Accounts Receivable (Invoicing, Cash Application, Deductions) (BPAAAGAB)

akta.pro secondary industry

Accounts Payable (Invoice Processing, 2/3-Way Match, Vendor Payments) (BPAAAGAA)

Keywords

• Digital factoring services
• Working capital financing
• Accounts receivable financing
• SME lending platform
• Supply chain finance

Headquarters

HQ city

San Salvador

HQ country

El Salvador

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Factoring Commission (Comisión por Asesoría Digital): Digital advisory commission charged for administration, validation and custody services of assigned accounts receivable. Calculated based on the payment term of each disbursement, per current commission table plus VAT. Does not form part of disbursed capital nor generates interest on itself.
2. Interest on Disbursements: Interest calculated on effectively disbursed capital from the first day after disbursement of each operation. Nominal interest rate detailed in the Financing Offer and corresponding Contractual Instrument. Calculated on daily balances based on calendar year plus VAT. Late payment incurs additional moratory interest.
3. Penalty for Non-Reintegration of Collections: Conventional penalty for non-compliance with the obligation to reintegrate sums derived from accounts receivable assigned to Ábaco, independent of and cumulative with agreed moratory interests

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Ábaco operates a 100% digital factoring and working capital financing platform that enables Salvadoran and Central American businesses to convert accounts receivable into immediate liquidity. Its three core products—CashX (revolving credit backed by receivables), ProntoCash (supplier payment acceleration), and ÁbacoPay (cash payments to suppliers)—deliver approvals and disbursements in under 24 hours without collateral or personal guarantees.

Product overview

Ábaco offers a digital factoring and working capital financing platform in El Salvador and Central America. The core product portfolio consists of three integrated solutions: CashX (revolving credit for accounts receivable conversion), ProntoCash (supplier payment acceleration), and ÁbacoPay (digital payments to suppliers). These products work together to provide businesses with comprehensive liquidity management, enabling them to convert receivables into cash, pay suppliers promptly, and maintain healthy cash flow through a 100% digital, guarantee-free process with approvals in under 24 hours.

Differentiator

Problem solved

Functional benefit

Products and services

• CashX A revolving credit modality that converts accounts receivable into immediate liquidity, allowing businesses to request disbursements within a credit line backed by their invoices, tax credits, and purchase orders. Designed for micro, small and medium enterprises (PYMES) needing working capital.
• ProntoCash An advance modality positioned as a strategic alliance that enables suppliers to receive immediate payment for commercial documents once the corporate client confirms them through the platform, facilitating supply chain continuity. Targeted at corporate clients paying their suppliers.
• ÁbacoPay A digital payment solution that allows businesses to make cash payments to suppliers without affecting their cash flow, functioning as a strategic liquidity tool for buyers managing their payables.

Quantifiable outcome

• Financing disbursement in under 24 hours
• +4 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Konfío: Mexican fintech providing working-capital loans and credit lines to underserved SMBs, frequently cited as the closest LatAm analog to Ábaco's CashX product in terms of target segment (micro/small businesses without traditional bank access) and tech-led underwriting.
• Clara: LatAm corporate spend management and liquidity platform offering credit cards, financing, and supplier payments to SMBs in Mexico and Brazil. Comparable in combining AR/supplier-payment liquidity tools with a corporate and SMB focus, similar to Ábaco's ÁbacoPay/ProntoCash stack.
• Tribal: Mexico-based fintech issuing credit cards and working-capital lines to SMBs and startups in emerging markets. Direct peer on the "tech-enabled SMB credit" axis, particularly relevant for Ábaco's revolving credit line use case.
• Fundbox: US-based digital platform offering working-capital advances and lines of credit to small businesses against receivables. Closely analogous operating model — AI-driven underwriting on uploaded invoices with revolving structure — making it a useful international benchmark for Ábaco's product mechanics.
• BlueVine: US fintech specializing in invoice factoring and working-capital lines for SMBs. Most direct international analogue to CashX's AR-backed revolving credit product and Ábaco's broader factoring-led model.
• Resolve: B2B payments and net-terms financing platform enabling suppliers to get paid early and buyers to extend payment terms. Highly comparable to Ábaco's ProntoCash and ÁbacoPay supplier-payment products.

Broad incumbents

• Stori: One of the largest Mexican credit-card fintechs serving mass-market and SMB segments with revolving credit products. Broader incumbent in the LatAm SMB/consumer credit space that competes for the same underbanked customer pool Ábaco targets in Central America.

Emerging players

• Pipe: Platform that converts recurring revenue/contracts into upfront capital for businesses. Comparable conceptually — turning future cash flows into immediate liquidity — though focused on SaaS rather than invoices. Useful adjacent peer for thinking through valuation comps for Ábaco.

Regional players

• Bancoagrícola: Largest Salvadoran commercial bank and dominant incumbent in El Salvador's SMB banking market. Primary local competitor for Ábaco's PYME segment, with established branch network but slower digital onboarding — the trade-off Ábaco's "under 24 hours" value proposition is built against.
• BAC Credomatic: Major Central American bank operating across the same region Ábaco is expanding into (El Salvador, Guatemala, Honduras, Nicaragua, Costa Rica, Panama). Regional incumbent that increasingly competes in digital SMB lending, relevant for assessing cross-border expansion headwinds.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/abaco.capital
• LinkedInlinkedin.com/company/abaco-ca

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ábaco