Panacredit

Name

Panacredit

Website

https://panacredit.com

Company type

Private

Founded year

2008

Headcount range

11–50 employees

Short description

Panacredit is a Panama City-based private financial services company founded in 2008 that provides loans and financial services to small and medium-sized enterprises, operating with a small 11–50 person team in the Panamanian market.

Ownership category

akta.pro rank

Product category

Small Business Lending

NAICS

Nondepository Credit Intermediation (5222), Activities Related to Credit Intermediation (5223)

SIC

Loan Brokers (6163), Miscellaneous Business Credit Institution (6159)

akta.pro industry

PRIMARYFSAKAGAJ

SME Lending Platforms & Embedded SME Credit

Financial & Insurance/Lending & Consumer Finance/Small Business & Microenterprise Lending

SECONDARYFSAGAJAA

SME Lending & Working Capital Platforms

Financial & Insurance/Financial Technology (Fintech)/B2B Fintech (SME Finance, Invoicing, Expense & Spend Management)

Keywords

• Small business lending
• SME financing
• Commercial loans
• Working capital loans
• Business credit services

Headquarters

HQ city

Panama City

HQ country

Panama

HQ region

Latin America

Markets served

GTM type

B2B

Cost components

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

Core offering

Panacredit provides financial services and loan products to small and medium-sized companies. The company extends credit to the SME segment, acting as a direct lender headquartered in Panama City. Its core activity is originating and servicing business loans for smaller enterprises that require external financing.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial services and loans for SMEs Financial services and loan products extended directly to small and medium-sized companies for business financing needs.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Direct peers

• Banistmo: One of Panama's leading commercial banks with a strong SME and corporate banking franchise. Directly comparable to Panacredit as a Panamanian institution lending to businesses in the same geographic and customer market.
• Multibank Panama: Panamanian universal bank offering commercial and SME lending products. Directly comparable as a domestic lender serving similar SME borrowers in Panama with overlapping product offerings.

Broad incumbents

• BAC Panama (BAC Credomatic): BAC's Panama franchise is part of a regional Central American banking group offering commercial and SME lending. Comparable as a broad incumbent serving Panamanian SMEs, though it is part of a much larger portfolio.
• Banco General: Panama's largest domestic bank with extensive commercial and SME lending operations. Comparable incumbent competitor with deep distribution, but operating at significantly greater scale than Panacredit.

Regional players

• Konfío: Mexican fintech focused on lending and financial services to small and medium-sized businesses. Comparable business model (SME lending) and target customer (underbanked SMBs), though operating primarily in Mexico rather than Panama.
• Proveedor: Mexican fintech offering credit and working-capital solutions to SMEs. Relevant as a regional fintech peer with the same SME lending focus and tech-led origination model.
• Addi: Colombian fintech providing credit and payment solutions to consumers and small businesses across Latin America. Adjacent regional fintech peer addressing similar underbanked segments with digital underwriting.
• Banco Industrial Guatemala: Guatemalan private bank with significant SME and corporate lending operations. Comparable as a Central American commercial lender serving SMEs, though operating in a different jurisdiction.
• Banco de América Central (BAC|Grupo Aval): Central American banking group with presence in Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, and Panama. Comparable as a regional bank serving SMEs across multiple Central American markets.

Others

• IDB Invest: Multilateral development institution that lends to and invests in financial institutions serving SMEs in Latin America. Relevant as a potential capital partner or financing counterparty for Panacredit rather than a direct competitor.

Market position

Customer concentration

• Xx.com/PanacreditPty
• Facebookfacebook.com/PanacreditPanama

Revenue estimate

Valuation estimate

Number of profiles

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 Panacredit