Xepelin
Xepelin is a Chilean fintech founded in 2019 that provides invoice factoring, supplier payment financing, and working capital loans to SMEs in Chile and Mexico through a digital platform with AI-driven underwriting and direct tax authority integration, serving 70,000+ companies.
- Company typePrivate
- Founded2019
- HeadquartersSantiago, Chile
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Xepelin does
Xepelin is a Chilean-headquartered fintech founded in 2019 that operates a digital financial services platform for small and medium enterprises (SMEs) in Chile and Mexico. The company's core offering centers on short-term working capital products — invoice factoring (advances against receivables with terms up to 120 days), supplier payment financing (confirming), and working capital loans — combined with corporate alliance programs that extend preferential financing to the suppliers of large enterprise clients such as ABCDIN, NotCo, SQM, and Agrosuper.
The underlying technology stack includes direct integration with Chile's Servicio de Impuestos Internos (SII) for real-time tax and invoice data ingestion, an AI-driven KYB and compliance module branded XData (deployed primarily in Mexico), a financial analysis dashboard called Xtracker, and API infrastructure for partner integrations. The platform processes 250+ financing operations daily with automated approval decisions issued in under 24 hours, and has facilitated over $5 billion USD in financing across more than 70,000 client companies since inception. The company employs 251-500 staff across engineering, data, product, risk, and go-to-market functions in Santiago and Mexico City.
Xepelin monetizes through transaction fees and discount rates on financed operations under a freemium model (platform registration is free, fees charged per financed transaction). Revenue reached approximately $100M annually by early 2026, and the company has raised $111M in equity (Series B, 2022) plus substantial debt facilities ($140M Goldman Sachs in 2022, $80M CIM in 2022, 300M pesos from BBVA Spark in 2025) and a $20M bridge round in January 2026 at a $400M valuation. Xepelin is currently pursuing a Sofipo license in Mexico to enable regulated deposit-taking and scaled lending operations.
Xepelin firmographics
Firmographics- Name
- Xepelin
- Legal name
- X Capital SpA
- Website
- https://xepelin.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Xepelin is a Chilean fintech founded in 2019 that provides invoice factoring, supplier payment financing, and working capital loans to SMEs in Chile and Mexico through a digital platform with AI-driven underwriting and direct tax authority integration, serving 70,000+ companies.
- Ownership category
- akta.pro rank
Xepelin industry classification
Industry- Product category
- SME Lending and B2B Financial Services
- NAICS
- Sales Financing (52222), Credit Intermediation and Related Activities (522)
- SIC
- Finance Services (6199), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Cross-Border & FX Payments Platforms (BPAMAFAK)
- akta.pro secondary industry
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
Keywords
Where Xepelin is headquartered
LocationHeadquarters
- HQ city
- Santiago
- HQ country
- Chile
- HQ region
- Latin America
Offices2 records
Markets served
Xepelin business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Invoice Factoring / Adelanto de facturas: Xepelin provides advance on invoices (factoring), charging a discount rate for early payment. Companies receive liquidity today instead of waiting up to 120 days for payment.
- Confirming / Pago a proveedores: Xepelin pays suppliers on behalf of corporate clients, who repay Xepelin later. Revenue comes from interest/discount rates charged to corporates or suppliers.
- Credit de Capital de Trabajo: Working capital loans provided to SMEs for business financing needs.
- Corporate Alliances: Over 105 corporate alliances offering preferential rates through Xepelin's credit lines. Revenue from transaction fees and interest on financed operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free platform access with transaction-based fees for financing services |
| Transaction based/ take rate | Pay-as-you-go | Corporate Partner Program with customized financing lines |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Xepelin product offering
Product offeringCore offering
Xepelin provides a digital financial platform that delivers invoice factoring (Adelanto de Facturas), supplier payment financing (Confirming/Pago a Proveedores), corporate supplier agreements, and working capital loans to small and medium enterprises. The platform uses AI-driven credit assessment and integrates directly with Chile's tax authority (SII) for real-time financial data, enabling a 100% digital approval process that completes in under 24 hours. The company operates in Chile and Mexico with localized regulatory compliance.
Product overview
Xepelin is a digital financial services platform providing a comprehensive suite of financing and financial management tools for SMEs and corporate clients in Chile and Mexico. The platform operates on a modular architecture combining core financing products (invoice advances, supplier payment financing, corporate agreements) with AI-powered intelligence modules (XData for compliance and risk, Xtracker for analysis) and free supplementary tools (calculators, benchmarking, financial indicators). The platform integrates with government tax systems (SII in Chile), payment processors (STP, JPMorgan, Scotiabank), and offers 100% digital approval processes in under 24 hours, having financed over $5 billion USD in the past 3 years across more than 70,000 client companies.
Differentiator
Problem solved
Functional benefit
Brands
- Xepelin: The primary brand name for the company's digital financial platform offering SME financing and financial management solutions.
Products and services
- Adelanto de Facturas (Invoice Advance) Invoice advance service allowing businesses to receive immediate payment for outstanding invoices rather than waiting up to 120 days. Provides liquidity by anticipating accounts receivable for SMEs in Chile and Mexico.
- Financiamiento de Pagos (Payment Financing / Confirming) Payment financing service where Xepelin pays suppliers on behalf of the business today, and the business repays Xepelin later, improving cash flow management for SMEs facing supplier payment obligations.
- Convenios Corporativos (Corporate Supplier Agreements) Corporate supplier agreement program enabling large corporations to provide preferential financing rates to their supply chain partners through the Xepelin platform, strengthening business relationships and supporting supply chain financing.
- XData (AI Compliance Platform) AI-driven platform that automates KYB (Know Your Business) and compliance processes in Mexico, analyzing business transaction risks using artificial intelligence for fraud prevention and regulatory compliance.
- Xtracker (Financial Analysis Dashboard) Enterprise financial analysis dashboard providing insights into company performance, benchmarking, and financial health metrics for strategic decision-making by SMEs and corporate clients.
- Gestión de Cobros y Pagos (Collections and Payments Management) Collections and payments management system for tracking receivables and payables in a unified platform, supporting cash flow visibility and operational financial management.
- Xepelin Suite (Mexico Integrated Platform) Integrated financial management platform for Mexican businesses combining multiple Xepelin services including payments, credit, and financial intelligence under a single suite.
- Payments Internacional (International Payment Financing) International payment financing service allowing Mexican businesses to defer payments to foreign suppliers for up to 120 days, enabling import financing with cross-border settlement support.
Quantifiable outcome
- 5 billion USD financed in the last 3 years
- +3 more outcomes
Companies that use Xepelin
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles2 records
Xepelin technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability6 records
Feature4 records
Xepelin partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- STP (Sistema de Transferencias y Pagos, S.A. de C.V.)coreMexican payment infrastructure partner handling payment orders and receipts through the CLABE account system for domestic transfers in Mexico.
- JPMorgan Chase Bank, N.A.coreProcesses and settles international transfers for Xepelin's cross-border payment services in Mexico.
- Cobre México, S.A. de C.V.coreMexico-based partner for international transfer processing and settlement services.
Scale indicators8 records
Recent moves9 records
Expansion highlights6 records
Xepelin competitors and assessment
Company assessmentDirect peers
- Mendel: LatAm B2B payments and credit platform focused on cross-border payments for importers. Mendel directly competes with Xepelin's Payments Internacional product serving Mexican corporates with import financing.
- Tribal: Mexico-focused fintech offering credit cards and financing for SMEs and startups. Tribal directly competes with Xepelin for SME working capital and corporate credit in the Mexican market.
- Avista: Mexican fintech specializing in invoice factoring and receivables financing for SMEs. Avista is a direct competitor to Xepelin's Adelanto de Facturas product in Mexico.
- Konfío: Mexican fintech providing working capital loans and business financial solutions to SMEs. Konfío is the most direct competitor to Xepelin in the Mexican SME lending market with overlapping product set and target customers.
- Clara: Mexico-based corporate spend management and B2B payments platform for SMEs and enterprises. Clara competes with Xepelin in Mexican B2B financial services, especially in supplier payments and corporate credit.
- Stori: Mexican consumer and SME credit card fintech. Stori has expanded from consumer credit into SME segments, overlapping with Xepelin's mass-market SME credit offering.
- a55: Mexican fintech providing revenue-based working capital loans to SMEs. a55 serves the same SME working capital segment as Xepelin, often with overlapping customer profiles.
- Jeeves: Cross-border fintech providing corporate cards and credit lines to businesses operating across LatAm and globally. Jeeves competes with Xepelin in cross-border B2B financial services for SMEs and corporates.
Broad incumbents
- Mercado Pago: LatAm payments and lending platform from Mercado Libre serving consumers and merchants across the region. Mercado Pago operates broader financial services at much larger scale, including SME merchant financing that overlaps with Xepelin's corporate alliance offering.
- Creditas: Brazilian asset-backed lending platform for consumers and SMEs using collateral such as vehicles and homes. Creditas is broader in scope than Xepelin and operates primarily in Brazil, but shares the asset-backed credit thesis.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Xepelin social profiles
Digital presenceXepelin compliance and trust
Trust signalCompliance1 record
Xepelin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Xepelin leadership team
Management profileNumber of profiles
Profiles1 record
Xepelin funding detail
Funding detailFunding overview
Funding rounds9 records
Investors27 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Xepelin 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 Xepelin
What does Xepelin do?
Xepelin provides a digital financial platform that delivers invoice factoring (Adelanto de Facturas), supplier payment financing (Confirming/Pago a Proveedores), corporate supplier agreements, and working capital loans to small and medium enterprises. The platform uses AI-driven credit assessment and integrates directly with Chile's tax authority (SII) for real-time financial data, enabling a 100% digital approval process that completes in under 24 hours. The company operates in Chile and Mexico with localized regulatory compliance.
Is Xepelin a public or private company?
Xepelin is a private company. It is classified as venture growth investor backed and is currently operating.
When was Xepelin founded?
Xepelin was founded in 2019. It employs 251 to 500 people.
Where is Xepelin based?
Xepelin is headquartered in Santiago, Chile, in the Latin America region.
How does Xepelin make money?
Four revenue lines are on record. Invoice Factoring / Adelanto de facturas are the primary driver. The others are confirming / Pago a proveedores, credit de Capital de Trabajo and corporate Alliances.
Who are Xepelin's main competitors?
Direct peers on record are Mendel, Tribal, Avista, Konfío, Clara, Stori, a55 and Jeeves. Broad incumbents are Mercado Pago and Creditas.
Does Xepelin have an API?
Yes. Xepelin offers API documentation for developers. The API enables integration with Xepelin's financial services platform, allowing third parties to access and automate financial operations. Developer documentation is at developers.xepelin.com.
What industry is Xepelin in?
Xepelin's product category is SME Lending and B2B Financial Services. Its primary akta.pro industry code is BPAMAFAK, Cross-Border & FX Payments Platforms, with a secondary code of FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure. Its NAICS code is 52222 and its SIC code is 6199.