SIFCO

Financial Software for Non-Banking Institutionssifco.org

Company typePrivate
Founded2003
HeadquartersCiudad De Guatemala, Guatemala
Headcount11–50
GTM typeB2B
OfferingSoftware

SIFCO firmographics

Firmographics

Name: SIFCO
Legal name: SIFCO, S.A.
Website: https://sifco.org
Company type: Private
Founded year: 2003
Operating status: Operating
Headcount range: 11–50 employees
Ownership category
akta.pro rank

SIFCO industry classification

Industry

Product category: Financial Software for Non-Banking Institutions
NAICS: Software Publishers (5132), Computer Systems Design Services (541512)
SIC: Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro primary industry: Technology, Software & IT Services (FSABACAJ)
akta.pro secondary industries: Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)

Keywords

Non-banking financial software
SAP Business One add-on
Credit management software
Microfinance technology solutions
Cooperative management software

Where SIFCO is headquartered

Location

Headquarters

HQ city: Ciudad De Guatemala
HQ country: Guatemala
HQ region: Latin America

Offices4 records

Markets served

SIFCO business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

Software Licenses and Subscriptions: Enterprise software licenses and subscriptions for SAP Business One add-ons targeting non-banking financial institutions including cooperatives, employee associations, microfinance companies, and factoring operations.
Implementation Services: Implementation methodology including planning, institutional configuration, pilot testing, go-live, and post-implementation review phases.
Support and Maintenance: Ongoing technical support and maintenance services ensuring long-term project continuity including 24/7 support, documentation, and e-learning courses.

Pricing tiers

Model	Billing	Price
Subscription	Annual	Consultative enterprise pricing based on organizational requirements

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

SIFCO product offering

Product offering

Core offering

SIFCO develops and licenses SAP Business One certified add-on software for non-banking financial institutions in Latin America. Its product portfolio covers lending, financial management, factoring, payment management, and cooperative/credit-union operations, with embedded AI capabilities for fraud detection, dynamic risk modeling, and collections optimization. Solutions are deployed via cloud or on-premises models and accompanied by implementation and support services.

Product overview

SIFCO is a provider of SAP Business One certified add-on solutions for the non-banking financial sector. The product portfolio consists of B1 Lending (for financial companies and microfinance), B1 Financial (for cooperatives), B1 Unity (for employee associations), B1 Factoring (for factoring operations), and B1 Money (for term credit management). All solutions integrate with SAP Business One and leverage AI/Big Data capabilities for credit scoring, fraud detection, and portfolio management.

Differentiator

Problem solved

Functional benefit

Brands

B1 Lending: Software specialized for companies dedicated to granting credits, such as financial institutions, microfinance companies, and lenders that require greater control, agility, and immediacy in internal processes and customer service.
B1 Financial
B1 Unity
B1 Factoring
B1 Money

Products and services

B1 Financial

Quantifiable outcome

More than 400 million dollars in credits processed annually through the platform
+2 more outcomes

Companies that use SIFCO

Customer profile

Named customers9 records

Segments5 records

Ideal customer profiles2 records

SIFCO technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Integration71 records

AI capability8 records

Feature8 records

SIFCO partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and flagship.

SAPcoreTechnology or IntegrationSIFCO is a certified Silver Partner of SAP with all software solutions certified by SAP. The company develops add-ons for SAP Business One specifically designed for non-banking financial institutions. SAP monitors and evaluates partner performance to ensure solutions meet global quality standards.
Amazon Web Services (AWS)coreTechnology or IntegrationAWS provides cloud infrastructure for SIFCO's cloud deployment options, enabling secure resource sharing and infrastructure for financial institutions accessing the platform.
HocelotflagshipStrategic or Co-development PartnerStrategic partnership with Spanish analytics company Hocelot for advanced data analytics and real-time predictive models. Co-developed products include Fraud Buster (real-time identity authentication), Dynamic Risk Modeler (explanatory analytics), Collection Booster (payment probability analytics), and Buy Matcher (retail customer targeting with up to 84% benefit increase).
SeidorcoreChannel Partner/ Reseller/ DistributorSeidor is a major SAP Business One partner and part of SIFCO's strategic business partner network for reselling and implementing SIFCO solutions.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

SIFCO competitors and assessment

Company assessment

Broad incumbents

Finastra: Large financial software vendor offering lending, core banking, and treasury solutions that overlap with SIFCO's credit lifecycle and cooperative management capabilities.
SAP: Provider of the underlying SAP Business One ERP that SIFCO extends; SAP's broader financial services and partner ecosystem directly influences SIFCO's product, certification, and distribution.
Temenos: Global core banking and lending platform with growing presence in LATAM microfinance and cooperatives; overlaps with SIFCO's lending and member-management functionality but at a much larger scale.

Direct peers

Bantotal: Uruguayan provider of core banking and lending software widely used by LATAM microfinance, cooperatives, and non-bank financial institutions; closest direct competitor to SIFCO in geography and target customer.
Seidor: Major SAP Business One implementation partner and SIFCO channel partner; competes in delivering end-to-end SAP-based solutions to LATAM financial institutions and enterprises.

Regional players

Lemontech: LATAM SaaS provider focused on financial services automation for cooperatives and consumer finance; overlaps with SIFCO's B1 Lending and B1 Financial use cases.
Datasul (now TOTVS): Brazilian ERP and financial management software vendor serving cooperatives, factoring, and credit operations in Brazil and LATAM; regional alternative to SIFCO's stack.

Emerging players

Mambu: Cloud-native core banking platform increasingly used by microfinance and digital lenders in emerging markets; competes for the same non-bank financial institution buyers SIFCO serves.
4most: Specialist analytics and decisioning provider for microfinance and emerging-market lenders; comparable to SIFCO's Hocelot-powered risk and collections analytics capabilities.

Others

Hocelot: Spanish analytics company and SIFCO strategic co-development partner behind Fraud Buster, Dynamic Risk Modeler, and Collection Booster; an enabling ecosystem peer rather than a direct competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

SIFCO compliance and trust

Trust signal

Compliance1 record

SIFCO financial estimates

Financial estimate

Revenue estimate

Valuation estimate

SIFCO leadership team

Management profile

Number of profiles

Profiles1 record

SIFCO funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

SIFCO M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SIFCO

What does SIFCO do?

Is SIFCO a public or private company?

SIFCO is a private company. It is classified as management employee owned and is currently operating.

When was SIFCO founded?

SIFCO was founded in 2003. It employs 11 to 50 people.

Where is SIFCO based?

SIFCO is headquartered in Ciudad De Guatemala, Guatemala, in the Latin America region.

How does SIFCO make money?

Three revenue lines are on record. Software Licenses and Subscriptions are the primary driver. The others are implementation Services and support and Maintenance.

Who are SIFCO's main competitors?

Broad incumbents on record are Finastra, SAP and Temenos. Direct peers are Bantotal and Seidor. Regional players are Lemontech and Datasul (now TOTVS). Emerging players are Mambu and 4most. Hocelot is listed as an others.

Does SIFCO have an API?

No public API is recorded for SIFCO.

What industry is SIFCO in?

SIFCO's product category is Financial Software for Non-Banking Institutions. Its primary akta.pro industry code is FSABACAJ, Technology, Software & IT Services, with a secondary code of HDAEAEAA, Core ERP Suites (Financials, Procurement, Projects). Its NAICS code is 5132 and its SIC code is 7373.