SIFCO
- 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
Where SIFCO is headquartered
LocationHeadquarters
- 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 offeringCore 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 profileNamed customers9 records
Segments5 records
Ideal customer profiles2 records
SIFCO technology and API
TechnologyTechnology 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 signalPartnerships
Four partnerships are on record, tiered core and flagship.
- SAPcoreSIFCO 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)coreAWS provides cloud infrastructure for SIFCO's cloud deployment options, enabling secure resource sharing and infrastructure for financial institutions accessing the platform.
- HocelotflagshipStrategic 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).
- SeidorcoreSeidor 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 assessmentBroad 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 social profiles
Digital presenceSIFCO compliance and trust
Trust signalCompliance1 record
SIFCO financial estimates
Financial estimateRevenue estimate
Valuation estimate
SIFCO leadership team
Management profileNumber of profiles
Profiles1 record
SIFCO funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SIFCO 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 SIFCO
What does SIFCO do?
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.
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.