What Aconcagua Finance does

Aconcagua Finance is an Argentine fintech that operates a digital credit platform connecting small and medium enterprises (SMEs) with banks, capital markets, and guarantee funds (SGRs, Sociedades de Garantía Recíproca). The platform supports both traditional financial credit assessment and blockchain-asset collateralization, allowing borrowers to obtain credit using fiat-based scoring or by pledging cryptoassets as collateral without conventional credit scoring. Its product portfolio consists of the Asset Based Lending Platform (the core SME-facing product launched in 2023) and the Blockchain Institucional module, which offers cryptographic vault infrastructure to financial institutions for institutional blockchain adoption.

The platform is built on a blockchain-based architecture using Solidity smart contracts, with custody and access protection provided by Safe, hardware security via Ledger, and authentication through Firebase. Cryptographic vault security is audited by Coinfabrik. The system provides 24/7 multi-source funding monitoring, real-time credit line visibility, and supports multiple guarantee types including surety bonds (fianzas), mortgages (hipotecas), pledges (prendas), and cryptoassets. The company was founded in 2022 and operates with a team of 1-10 employees.

Aconcagua monetizes through transaction fees on credit facilitated through the platform, with personalized proposals offered to each borrower based on loan amount, currency (pesos or dollars), and collateral type. The company is privately held by co-founders Santiago Lacasia (CEO) and Manuel Rico Molina (CTO), with no disclosed institutional capital. Distribution is sales-led B2B, relying on direct engagement with financial institutions and SGRs, supplemented by earned media coverage.

Name

Aconcagua Finance

Legal name

Aconcagua Finance

Website

https://aconcagua.finance

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Aconcagua Finance is an Argentine fintech operating a digital credit platform that connects SMEs with banks, guarantee funds, and capital markets, offering loans backed by either traditional financial assessment or blockchain-asset collateral. Founded in 2022, it serves Argentine and broader LATAM markets through a sales-led B2B model with 1-10 employees.

Ownership category

akta.pro rank

Product category

Digital Lending Platform

NAICS

Credit Intermediation and Related Activities (522)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Crypto-Backed Business / SME Loans (Secured) (FSADAFAH)

akta.pro secondary industries

Credit Marketplaces, Aggregators & Loan Routing (FSADAFAJ), Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD)

Keywords

• Digital lending platform
• Asset based lending
• Blockchain credit solutions
• SME financing
• Crypto collateral lending

Headquarters

HQ city

Buenos Aires

HQ country

Argentina

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. Credit Platform Fees: Platform likely generates revenue through transaction fees or spreads on credit facilitated through its platform, connecting borrowers with banks, guarantee funds, and capital markets.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Aconcagua Finance operates a B2B digital lending platform that connects SMEs in Argentina and LATAM with banks, capital markets, and guarantee funds (SGRs) to access competitive credit. The platform enables instant credit via traditional financial assessment or blockchain asset collateral, supporting multiple guarantee types including surety bonds (fianzas), mortgages (hipotecas), pledges (prendas), and cryptoassets. It also offers institutional-grade cryptographic vaults for financial institutions seeking to deliver blockchain-collateralized credit products.

Product overview

Aconcagua Finance operates as a unified digital credit platform offering instant credit access through traditional financial assessment or blockchain asset collateral without conventional credit scoring. The core product is the Asset Based Lending Platform (launched 2023), which serves as the main interface for credit operations with multiple guarantee types (bonds, mortgages, pledges, cryptoassets). The Blockchain Institucional module extends institutional-grade vault infrastructure to financial organizations, enabling secure blockchain-based guarantee management. Both offerings share a common technological foundation centered on cryptographically secured vaults with 24/7 monitoring capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Asset Based Lending: Digital platform launched in 2023 providing institutional-grade vaults for credit with traditional or blockchain guarantees, serving financial institutions in LATAM.

Products and services

• Asset Based Lending Platform A digital platform for competitive and secure credit that enables instant credits with traditional financial assessment or without credit scoring using blockchain assets as collateral. Supports multiple guarantee types including surety bonds (fianzas), mortgages (hipotecas), pledges (prendas), and cryptoassets, targeting SMEs and financial institutions across LATAM.
• Blockchain Institucional Institutional vault solution for financial institutions, enabling banks, guarantee funds, and other organizations to leverage blockchain technology for credit and guarantee operations. Provides secure cryptographic vault infrastructure for institutional blockchain adoption and crypto-collateralized credit products.

Quantifiable outcome

• First cryptocurrency-backed credit in Argentina
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Acindar Pymes SGRcoreStrategic or Co-development Partner · 1 January 2023Strategic alliance enabling Acindar Pymes SGR to offer cryptocurrency-collateralized credit products. This partnership allows the guarantee fund to innovate and expand credit access for SMEs through Aconcagua's blockchain-based platform. The alliance enabled the first cryptocurrency-backed credit in Argentina.
• Neuquen Pymes SGRcoreStrategic or Co-development Partner · 1 January 2023Partnership allowing Neuquen Pymes SGR to offer cryptocurrency-backed lending through Aconcagua's platform, realizing their long-held goal of providing crypto-collateral loans to SMEs in their region.
• CoinfabrikcoreTechnology or IntegrationBlockchain technology and security audit firm that audits Aconcagua's platform infrastructure, ensuring cryptographic vault security and smart contract integrity.

Scale indicators2 records

Recent moves7 records

Expansion highlights4 records

Regional players

• Kueski: Mexican digital lending platform serving underserved consumers and small businesses with online credit and BNPL. Comparable in targeting underbanked LATAM borrowers with instant digital credit but focused on consumer finance rather than business asset-backed lending.
• Stori: Mexican credit card fintech targeting underserved consumers and small businesses. Comparable as a regional LATAM digital lender serving underbanked segments, though focused on revolving consumer credit rather than asset-backed SME lending.

Direct peers

• Nexo: Global crypto-backed lending platform offering institutional and retail loans secured by digital assets. Closely comparable product (crypto-collateralized credit lines) but operates at global scale rather than LATAM focus.
• SALT Lending: US-based pioneer of crypto-backed lending using blockchain-based collateral agreements. Direct peer in crypto-collateralized credit infrastructure, though focused on US institutional clients rather than LATAM SMEs.
• Ripio: Argentina-based crypto fintech offering crypto-backed lending, credit, and payments products in LATAM. Direct competitor to Aconcagua in the Argentine crypto-collateralized SME lending niche with an overlapping target market.
• Lemon: Argentine crypto fintech serving consumers and businesses with crypto on/off ramps and lending products. Operates in the same Buenos Aires market and overlaps with Aconcagua's crypto-collateralized credit offering for SMEs and entrepreneurs.
• Creditas: Brazil's largest asset-backed lending platform offering secured credit (home, auto, payroll-backed loans) to consumers and SMEs. Closely comparable business model to Aconcagua's asset-based lending approach, though operating in Brazil with traditional collateral only.

Emerging players

• Bitso: Leading LATAM crypto exchange offering cross-border payments and stablecoin ramps in Argentina, Brazil, and Mexico. Adjacent peer in the Argentine crypto ecosystem that could either partner with or compete against Aconcagua as it expands into credit products.

Broad incumbents

• Mercado Crédito: Lending arm of Mercado Libre providing credit to LATAM SMEs and consumers via the Mercado Pago ecosystem. Competes broadly in the same regional SME lending space but with significantly greater scale, an installed user base, and a non-crypto focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/aconcagua-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors2 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 Aconcagua Finance