Bantotal

What Bantotal does

Bantotal, operated by Uruguayan corporation De Larrobla y Asociados Internacional S.A. (DLYA), is a Latin American core banking platform provider founded in 1989 by Mariano de Larrobla. The company delivers a Fourth Generation Banking Platform built on packaged business capabilities and a microservices-oriented architecture with embedded AI, serving banks, fintechs, microfinance institutions, e-commerce companies, and Banking as a Service providers. Its product suite spans the central Bantotal Core engine plus specialized modules for microfinance, trade finance (Comex), treasury, mutual funds, regulatory compliance, cash management, BaaS, embedded finance, digital payments (BPay), digital banking channels (BPeople), data analytics (BData), and a SaaS delivery model (BSaaS), with the Bantotal Store serving as a marketplace for third-party integrations.

The company monetizes through one-time platform licensing for on-premise deployments, subscription-based BSaaS offerings with pay-per-use components, professional services delivered via certified implementation partners (Accion Point, Incluit, Bantraining, CPA Ferrere, CMI Interser, PMLA), and marketplace commissions via the Bantotal Store. Go-to-market combines direct enterprise field sales with a regional channel network of certified service and technology partners, targeting tier-1 banks and large financial institutions in 15 Latin American countries.

Bantotal operates physical offices in seven countries (Uruguay, Argentina, Chile, Colombia, Mexico, Paraguay, Peru) and reports serving more than 50 million people daily across over 70 banking customers, with anchor references including Uruguay's BROU (1.5 million end-customers, handling 400,000 pension payments and 800,000 salary payments monthly), Argentina's Banco Supervielle (1.5 million customers), Peru's Financiera Efectiva (4.5 million customers), and Paraguay's Banco Sudameris (300,000 customers following its 2023 merger with Banco Regional). The privately held firm maintains operations under the founding family's control with CEO Pablo López, CTO Fernando Panizza, Executive Director Marcelo Kosec, and founder/chairman Mariano de Larrobla, holding no disclosed external funding or institutional investment.

Name

Bantotal

Legal name

De Larrobla y Asociados Internacional S.A.

Website

https://bantotal.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

101–250 employees

Short description

Bantotal is a Uruguayan core banking platform provider founded in 1989, offering a microservices-based Fourth Generation Banking Platform with embedded AI to banks, fintechs, microfinance institutions, and BaaS providers across 15 Latin American countries, serving 50+ million people daily through 70+ enterprise customers.

Ownership category

akta.pro rank

Product category

Core Banking Software

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

BaaS Platforms & Sponsor Bank Enablement (FSAGALAA)

akta.pro secondary industries

Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK), Low-Code/No-Code Application Platforms (HDAEAKAA)

Keywords

• Core banking software
• Banking platform solutions
• Banking as a service
• Microfinance technology
• Embedded finance platforms

Headquarters

HQ city

Montevideo

HQ country

Uruguay

HQ region

Latin America

Offices10 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Core Banking Platform Licensing: Enterprise software licensing of the Bantotal Core Banking Platform to banks, financial institutions, fintechs, and e-commerce companies. Includes implementation, customization, and ongoing support services.
2. BSaaS (Software as a Service): Subscription-based access to specialized financial processes for financial and non-financial institutions under SaaS modality. Includes version-less updates, pay-per-use model, and ready-to-use solutions.
3. Professional Services: Implementation, consulting, training, and support services delivered through certified service partners.
4. Bantotal Store Marketplace: Platform marketplace offering third-party solutions integrated with Bantotal Core, with revenue sharing or commission arrangements with partners.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Bantotal develops and licenses a Fourth Generation Banking Platform that solves mission-critical banking processes for banks, fintechs, digital banks, e-commerce companies, and Banking as a Service (BaaS) providers. The platform is built on packaged business capabilities and a microservices-oriented architecture with embedded AI, and is sold as enterprise software licensing, BSaaS subscriptions, and supporting professional services. The company also operates a marketplace (Bantotal Store) for third-party integrated solutions.

Product overview

Bantotal is a Fourth Generation Banking Platform - a modular, microservices-oriented architecture with embedded AI, providing a platform-plus-modules approach. The core consists of Bantotal Core/Bantotal Lite/BCore solving mission-critical banking operations. Specialized solutions include Microfinanças, Comex (Trade), Tesouraria (Treasury), Fundos de Investimento (Mutual Funds), Relatórios Regulatórios (Compliance), and Cash Management. Digital experience is delivered through BPeople (Web Banking, Mobile Banking, Paperless Onboarding), while data/AI capabilities come from BData (Analytics, Science, Consulting). Additional services include Banking as a Service, Embedded Finance, BPay (Payments), BSaaS (Cloud delivery), and BStore (Marketplace for partner integrations like Didit, Quaris, Abstracta/Tero, Cogo, NOFRAUD, and others). The platform operates across Latin America serving banks, fintechs, e-commerce, and BaaS providers.

Differentiator

Problem solved

Functional benefit

Brands

• Bantotal Core: Core banking platform solving mission-critical banking processes for banks, fintechs, digital banks, e-commerce, and BaaS providers.
• Bantotal BaaS / Banking as a Service
• Bantotal Microfinance
• Bantotal Comex
• Bantotal Treasury
• Bantotal Mutual Funds
• Bantotal Compliance
• Bantotal Cash Management
• Bantotal Embedded Finance
• BPay
• BPeople
• BData
• BSaaS
• Bantotal Store

Products and services

• Bantotal Core
• Bantotal Microfinance
• Bantotal Comex (Foreign Trade) Foreign trade solution that allows financial institutions to develop the business of Letters of Credit, Guarantees, Collections, Drafts and International Checks, using Bantotal's scoring system and BPMN 2.0 workflows.
• Bantotal Treasury Treasury management module providing global vision of portfolio with a scalable system for product variety and business volume, including risk categorization, limit alerts, and differentiated commission management.
• Bantotal Mutual Funds Mutual funds solution that allows financial institutions to offer customers access to diverse portfolios starting from a reduced volume of money, seeking to provide liquidity, security and profitability.
• Bantotal Compliance Regulatory reporting solution that ensures financial institutions comply with country-specific regulations, FATCA, and IFRS standards through pre-built reports with data validation and update guarantees.
• Bantotal Cash Management Cash management solution that enables financial institutions to offer customers payment, collection and transfer services, outsourcing treasury operations and generating time and cost savings.
• Bantotal Banking as a Service (BaaS) Banking as a Service offering that allows banks to expose their infrastructure and services so fintechs can provide banking products without the need for a banking license, with modularity and API integration.
• Bantotal Embedded Finance Embedded finance solution that allows financial institutions to integrate banking products into people's daily lives through collaborative agreements with non-financial organizations, managing API partners and customer experiences.
• BPay Digital payment solution certified in multiple markets, allowing instant interbank transfers through different channels including mobile, web banking, e-wallets, and third-party applications.
• BPeople (Digital Banking) Digital banking solution focusing on memorable customer experiences, offering Web Banking, Mobile Banking (Android/iOS), Paperless Onboarding, and B2FA authentication for financial institutions.
• BData (Data Science Solutions) Data science and analytics solutions enabling observability, intelligent decisions, and business performance optimization for financial institutions, including BData Analytics, BData Science, and BData Consulting.
• BSaaS (Software as a Service) Software as a Service offering providing specialized financial processes to financial and non-financial institutions, featuring version-less updates, pay-per-use model, and ready-to-use solutions with implementation in approximately 3 months.
• Bantotal Store (BStore) Online marketplace providing financial institutions with innovation that integrates and complements the Bantotal platform, offering third-party solutions such as Didit KYC, Quaris Loyalty, NOFRAUD fraud prevention, Tero AI agents, CES testing, and others via revenue-sharing arrangements.
• Bantotal Campus Training and certification program providing knowledge dissemination for Bantotal platform implementation across Latin America, delivered through Bantraining as the Academic Partner.

Quantifiable outcome

• 50 million+ people continuously served by the platform every day of the year
• +2 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

AI capability11 records

Feature9 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• AbstractacoreTechnology or Integration · 4 March 2026Tero Enterprise Edition - collaborative and secure AI agent platform for Bantotal Store. Enables financial institutions to enhance software quality, improve efficiency and reduce operational risks in Bantotal Core and satellite systems.
• CES (Centro de Testes de Software)coreTechnology or Integration · 28 June 2025Integration of software testing services, consulting and training into Bantotal Store. 20+ years of experience in software testing with AI-powered testing services including functional, automation, performance, security and compliance testing.
• DiditcoreTechnology or Integration · 4 May 2025AI-powered identity verification and KYC platform integration into Bantotal Store. Validates users in seconds without friction or fraud at prices 80% more affordable than market. Includes document/biometric verification and real-time AML screening.
• QuariscoreTechnology or Integration · 15 April 2025Integration of Loyalty and Benefits Suite into Bantotal Store. Modular platform for personalized, agile and scalable customer experiences with modules including Points, Discounts, Rewards, Objectives and Business Partners.
• GeneXuscoreTechnology or IntegrationGeneXus is the leading software development tools company, used in the construction of Bantotal platform. Enables automatic creation, development and maintenance of programs, databases and mission-critical business applications.
• Accion PointcoreImplementation/ SI/ Consulting PartnerImplementation partner specializing in business solutions configuration and implementation since 1999. Successfully completed 19 core banking migrations. Factory of 100+ professionals in Argentina and Colombia serving 30+ financial institutions.
• BantrainingcoreImplementation/ SI/ Consulting PartnerKnowledge company specializing in Bantotal knowledge dissemination and application. Composed of people with extensive experience in education and implementation of the system across Latin America. Bantotal Academic Partner.
• CMI InterserminorImplementation/ SI/ Consulting PartnerWorld-renowned organization for negotiation techniques, methods, and tools. Developed methodology for managing 'Humanware' projects that change how companies operate.
• CPA FerrereminorImplementation/ SI/ Consulting PartnerProfessional services firm participating as strategic partner in multiple Bantotal implementation projects through its Processes and Technology area.
• IncluitcoreImplementation/ SI/ Consulting PartnerPart of Harriague + Asociados Group, founded in 1994 in Argentina. Designs, develops, implements and integrates IT solutions. Team of 600 professionals across 6 service centers serving 60+ financial institutions and fintechs in 12 countries.
• PMLAminorImplementation/ SI/ Consulting PartnerOrganization dedicated exclusively to project management. Trained 5,000+ executives in the last 10 years and helped plan and manage multi-million dollar mission-critical projects.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Thought Machine: Cloud-native core banking engine (Vault) used by global banks including JPMorgan Chase and Lloyds. Competes head-to-head with Bantotal on microservices, API-first design and the modernization narrative for incumbent banks.
• 10x Banking: Cloud-native core banking platform built for banks to launch new products and digital services rapidly. Competes with Bantotal on the same value proposition of modernizing legacy core systems.
• nCino: Cloud banking platform providing core system, digital account opening and customer engagement to banks and credit unions. Direct peer on cloud-based banking software sold into retail and commercial banks.
• Mambu: Cloud-native core banking platform serving challenger banks, fintechs and traditional institutions via composable banking APIs. Direct competitor to Bantotal's microservices-oriented, cloud-agnostic architecture and BaaS positioning.
• Temenos: Global market leader in core banking software serving banks of all sizes with the Temenos Banking Platform. Most direct comparable to Bantotal's Bantotal Core offering, but operating at a larger scale and across multiple geographies.

Broad incumbents

• FIS: Global financial technology incumbent with core banking, payments, capital markets and wealth solutions. A broad incumbent that overlaps with Bantotal's mission-critical banking software footprint.
• Finastra: Large incumbent financial software vendor offering core banking, treasury, lending and payments solutions to global banks. Competes with Bantotal's Treasury, Cash Management and broader suite but as part of a much wider portfolio.
• Oracle Financial Services: Incumbent provider of core banking, lending and regulatory reporting software to large global banks. Overlaps with Bantotal's compliance and core banking offerings but as part of a much larger enterprise software portfolio.
• SAP Banking Services: Enterprise software incumbent offering bank management, deposits, loans and payments modules. Broad incumbent peer competing for the same large bank modernization budgets as Bantotal.

Regional players

• Technisys: LatAm-focused digital and core banking platform (now part of Globant/BCO Group) serving banks across the Americas. Closest regional peer to Bantotal given overlapping geography, customer base and platform-plus-modules approach.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bantotal
• Xx.com/Bantotal

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds

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 Bantotal