Teip
Teip operates the bizz platform, a cloud-based modular SaaS suite integrating business management, multi-channel payment acceptance, and DTE electronic invoicing for small businesses and SMEs in El Salvador.
- Company typePrivate
- Founded2019
- HeadquartersSan Salvador, El Salvador
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Teip does
Teip is a private El Salvador–based fintech operator that runs the bizz platform, an integrated modular SaaS suite for small businesses and SMEs. The platform combines four modules: bizz Gestión for inventory, supplier, branch, and cash-flow management; bizz Pagos for multi-channel payment acceptance (physical and digital QR, payment links, payment gateway, and an Android POS mobile app) with real-time transaction monitoring; bizz Factura for DTE (Documentos Tributarios Electrónicos) electronic invoicing aligned with El Salvador tax authority requirements; and an ECR (Electronic Cash Register) module for physical retail checkout. The underlying architecture is cloud-based and presented as a unified system, allowing merchants to subscribe to individual modules or the full bundle and to scale from single-location shops to multi-branch operations.
The company targets a long-tail of Salvadoran SMBs across retail, restaurants, pharmacies, hotels, barbershops, e-commerce, and entertainment, reporting 10,000+ businesses on the platform and thousands of daily transactions. Its revenue model combines recurring platform subscriptions (modular pricing adapted to business size, billed monthly) with transaction-based fees from payment processing and electronic invoicing services; pricing is quote-based and not publicly disclosed. Distribution runs through a hybrid motion: self-serve registration on bizz.sv, personalized advisory via WhatsApp (+503 6460 3508) and scheduled calls, plus a bizz Partners referrals program and a bizz Ambassadors community for local advocacy-driven acquisition. The company has one disclosed funding event of approximately $1,108,000 dated May 2022; headcount is reported in the 11–50 range, and no revenue, ownership, or executive team details are publicly available in the source data.
Teip firmographics
Firmographics- Name
- Teip
- Legal name
- bizz
- Website
- https://teip.io
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Teip operates the bizz platform, a cloud-based modular SaaS suite integrating business management, multi-channel payment acceptance, and DTE electronic invoicing for small businesses and SMEs in El Salvador.
- Ownership category
- akta.pro rank
Teip industry classification
Industry- Product category
- Business Management Software (SME Fintech Platform)
- NAICS
- Custom Computer Programming Services (541511)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Billing, Payments & Subscription Management (MPAHAJAC)
Keywords
Where Teip is headquartered
LocationHeadquarters
- HQ city
- San Salvador
- HQ country
- El Salvador
- HQ region
- Latin America
Offices1 record
Markets served
Teip business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Platform Subscription: Modular subscription model where businesses can subscribe to individual modules (Gestión, Pagos, Facturación) or the complete integrated platform. Pricing adapts to business size and complexity with scalability features.
- Payment Processing: Transaction-based revenue from payment processing through QR codes, payment links, and POS terminals. Supports multiple payment methods and channels.
- Electronic Invoicing Services: Revenue generated from electronic document issuance and transmission services for DTEs (Digital Tax Documents) in compliance with El Salvador tax regulations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Custom modular pricing based on selected modules and business size |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Teip product offering
Product offeringCore offering
Teip operates "bizz," an all-in-one modular cloud platform for small and medium-sized businesses that combines business management (inventory, suppliers, branches, and cash flow), payment acceptance (QR codes, payment links, and POS terminals), and electronic invoicing (DTE) compliant with Salvadoran tax authority requirements. The company also offers an Electronic Cash Register (ECR) hardware device to support physical retail environments.
Product overview
Teip's bizz is an all-in-one modular platform designed for small businesses and SMEs in El Salvador, consisting of three integrated modules: bizz Gestión (management/inventory/suppliers/branches), bizz Pagos (QR payments, payment links, POS terminals), and bizz Factura (electronic invoicing/DTE). The platform also includes an ECR (Electronic Cash Register) module. Businesses can subscribe to the complete platform or select individual modules to create their exact operational system.
Differentiator
Problem solved
Functional benefit
Products and services
- bizz (platform) Flagship modular SaaS platform from Teip that unifies business management, payment acceptance, and electronic invoicing (DTE) for small and medium-sized businesses in El Salvador. Customers can adopt individual modules or the full suite.
- bizz Gestión Business management module within the bizz platform that provides inventory control, supplier management, multi-branch administration, and cash flow tracking for SMBs and SMEs in El Salvador.
- bizz Pagos Payment acceptance module within the bizz platform that enables SMBs to accept in-person and digital payments via QR codes, payment links, and POS terminals, supporting mobile sales and in-store checkout.
- bizz Factura Electronic invoicing module within the bizz platform that issues DTE (Documento Tributario Electrónico) invoices compliant with El Salvador's tax authority requirements for SMBs and SMEs.
- bizz ECR (Electronic Cash Register) Electronic Cash Register hardware device offered by Teip, designed to integrate with the bizz platform to support point-of-sale operations and electronic invoicing (DTE) in physical retail stores.
Quantifiable outcome
- Reduced operational errors through centralized platform
- +2 more outcomes
Companies that use Teip
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles1 record
Teip technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Teip partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- bizz Partners (Referrals Program)corePartner program enabling business partners to refer new customers to bizz platform. Referrers earn benefits for successful customer introductions.
- bizz Ambassadors ProgramcoreAmbassador community program building local brand advocates among businesses in El Salvador to drive organic platform adoption.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Teip competitors and assessment
Company assessmentBroad incumbents
- Block (Square): Global SMB payments and software platform combining POS, invoicing, and business management — directly comparable to bizz's integrated payments-plus-management value proposition, though operating at much larger scale and across many geographies.
- Siigo: Latin American cloud accounting and business management software serving SMBs across multiple countries — comparable SMB SaaS play with adjacent electronic-document capabilities to bizz's regional footprint.
- Mercado Pago: Latin America's largest digital payments platform integrated with the Mercado Libre ecosystem — comparable payment-acceptance and SMB-merchant focus, with deep regional reach that bizz would compete against for cross-border merchants.
Direct peers
- Toast: Restaurant-vertical SMB platform integrating POS, payments, payroll, and multi-location management — highly comparable to bizz's physical-commerce and multi-location SMB segments, though concentrated in the U.S.
- SumUp: Mobile-first SMB payments platform offering POS hardware, payment links, and QR acceptance across Europe and Latin America — directly comparable to bizz Pagos's QR/link/POS offering for small merchants.
Emerging players
- Clip: Mexico-based SMB mobile payments and POS provider focused on small merchants in Latin America — closely comparable business model (mobile POS + payment acceptance for SMBs) and adjacent geography to Teip's El Salvador base.
- Conta Azul: Brazilian SMB business management SaaS covering invoicing, finances, and sales — directly comparable to bizz Gestión's inventory, supplier, and cash-flow management for SMBs in an emerging market.
- Konfío: Mexico-based digital financial services platform for SMEs combining payments, lending, and management tools — comparable SMB fintech SaaS model in a neighboring Latin American market.
- R2 (formerly Kapital): Latin American SMB fintech offering unified payments, banking, and management tools — comparable integrated SaaS-plus-payments model targeting small businesses in emerging LatAm markets.
Regional players
- PagoFácil: El Salvador and Central America-based payment processor and POS provider — directly comparable local-market competitor offering QR, payment links, and POS services to the same Salvadoran SMB base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Teip social profiles
Digital presenceTeip financial estimates
Financial estimateRevenue estimate
Valuation estimate
Teip leadership team
Management profileNumber of profiles
Teip funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Teip 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 Teip
What does Teip do?
Teip operates "bizz," an all-in-one modular cloud platform for small and medium-sized businesses that combines business management (inventory, suppliers, branches, and cash flow), payment acceptance (QR codes, payment links, and POS terminals), and electronic invoicing (DTE) compliant with Salvadoran tax authority requirements. The company also offers an Electronic Cash Register (ECR) hardware device to support physical retail environments.
Is Teip a public or private company?
Teip is a private company. It is classified as venture growth investor backed and is currently operating.
When was Teip founded?
Teip was founded in 2019. It employs 11 to 50 people.
Where is Teip based?
Teip is headquartered in San Salvador, El Salvador, in the Latin America region.
How does Teip make money?
Three revenue lines are on record. Platform Subscription is the primary driver. The others are payment Processing and electronic Invoicing Services.
Who are Teip's main competitors?
Broad incumbents on record are Block (Square), Siigo and Mercado Pago. Direct peers are Toast and SumUp. Emerging players are Clip, Conta Azul, Konfío and R2 (formerly Kapital). PagoFácil is listed as a regional player.
Does Teip have an API?
No public API is recorded for Teip.
What industry is Teip in?
Teip's product category is Business Management Software (SME Fintech Platform). Its primary akta.pro industry code is MPAHAJAC, Billing, Payments & Subscription Management. Its NAICS code is 541511 and its SIC code is 7371.