MiFinanzas

What MiFinanzas does

MiFinanzas is a Uruguay-based financial technology company founded in 2016 and headquartered in Montevideo. Its stated function is to provide cash advances against accounts receivable, i.e., invoice-factoring or receivables-financing services aimed at small and medium enterprises (SMEs) that need to accelerate cash flow from outstanding invoices rather than wait for standard payment terms.

The company operates with a small team in the 11–50 employee range and is led by co-founders Monica Mesorio (COO & Co-Founder) and Sebastian Pereira (Co-Founder, TechLead), supported by directors Marcelo Birenbaum and Gonzalo Mesorio. Capital formation evidence is limited to two early-stage equity rounds: approximately $110,000 in July 2018 and $500,000 in May 2019, totaling roughly $610,000 in disclosed funding. No further capital raises, debt facilities, product portfolio details, technology stack disclosures, customer logos, partnership announcements, regulatory actions, or revenue figures are recorded in the available data.

Business model mechanics are not explicitly disclosed, but the functional description (cash advance on receivables) implies a fee- or interest-based revenue model tied to advance volume and tenor. The firm's domicile and customer segment (Uruguayan SMEs) constrain addressable market, while the absence of detailed product, pricing, channel, or technology information limits any deeper assessment of go-to-market motion or unit economics. Overall data coverage is thin, and most enterprise-level fields are unpopulated.

Name

MiFinanzas

Website

https://MiFinanzas.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Small Business Lending / Receivables Financing

NAICS

Nondepository Credit Intermediation (5222)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Microloans & Working Capital Loans (FSAKAGAA)

Keywords

• Accounts receivable financing
• SME working capital
• Invoice factoring
• Cash advance lending
• Small business lending

Headquarters

HQ city

Montevideo

HQ country

Uruguay

HQ region

Latin America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Core offering

MiFinanzas is a financial services company that enables small and medium-sized enterprises (SMEs) to obtain cash advances against their outstanding account receivables/invoices. The company provides receivables-based working-capital financing to address SME cash-flow gaps, operating through an online platform (mifinanzas.com).

Product overview

MiFinanzas is a financial technology company. No detailed product portfolio or service offerings are available in the provided source data.

Differentiator

Problem solved

Functional benefit

Products and services

• SME Receivables Cash Advance A working-capital financing service that allows small and medium-sized enterprises to obtain cash in advance against their outstanding invoices/account receivables to bridge cash-flow gaps while awaiting customer payments.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights2 records

Emerging players

• Addi: Colombian BNPL and SME credit fintech. Comparable LatAm fintech using non-bank credit products to serve underserved merchants and consumers.
• Sempli: Mexican online SME lender providing working-capital loans to small businesses. Comparable non-bank SME lending model targeting underserved borrowers.
• Albo: Mexican digital consumer/SME finance platform. Comparable LatAm non-bank fintech with credit and working-capital offerings for underbanked customers.
• Clip: Mexican payments and working-capital fintech serving SMEs and merchants. Overlap with MiFinanzas in serving SME liquidity needs through non-bank financial products.
• Stori: Mexican credit-card fintech targeting underbanked consumers and small merchants. Comparable LatAm fintech serving credit-underserved segments with non-bank lending model.

Direct peers

• Creditas: Brazilian fintech offering secured consumer and SME loans including receivables-backed products. Comparable SME receivables/working-capital focus in Latin America.
• Konfío: Mexican fintech providing working-capital loans and credit lines to SMEs. Directly comparable business model (SME working capital) and target customer, though operating at much larger scale in Mexico.

Broad incumbents

• Mercado Pago: LatAm payments and credit platform from Mercado Libre that offers working-capital advances and merchant credit to SMEs. Comparable receivables/working-capital product for SME merchants across Latin America.

Regional players

• República Microfinanzas: Uruguayan microfinance institution focused on small-business and microenterprise lending. Directly comparable in targeting the Uruguayan SME/microenterprise credit segment.
• Banco República (BROU): Uruguay's largest state-owned commercial bank, dominant SME lender in the local market. Comparable in serving Uruguayan SMEs with working-capital credit, but as a depository incumbent.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat1 record

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/mifinanzasuy
• LinkedInlinkedin.com/company/mifinanzasuy

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors

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 MiFinanzas