What Easysoft does

Easysoft S.A. is a privately held Ecuadorian fintech software company founded in 1990 (headquartered in Quito) that builds integrated digital banking platforms for financial institutions across Latin America. Its core product, EasyCashCore®, automates collections and mass payments, and is extended by a modular suite including NEOCASH® for cash management, Banca Empresas and Banca Personas for corporate and retail banking, Onboarding & Contactless with biometric and OCR-based identity verification, and specialized modules for factoring, wholesale financing, confirming, remittances, interbank settlement, teller operations, and digital signature/identity services. The platform is multi-currency, multi-country, and multi-bank capable, certified to ISO 27001, ISO 22301, ISO 9001, and PCI DSS standards, and holds regulatory accreditations from Ecuador's Superintendencia de Bancos, SEPS, and Banco Central del Ecuador as an Electronic Payment Media Processor.

The company sells primarily through direct enterprise field sales to banks, cooperatives, insurance companies, and increasingly fintech startups, delivered via on-premise licensing or SaaS with quote-based pricing. Easysoft reports an 85% share of Ecuadorian banks as clients and operations spanning Ecuador, Peru, Colombia, Panama, Honduras, and El Salvador, with a subsidiary brand (Nualy) also active in Nicaragua. Notable anchor customers include Banco Pichincha, Banco Guayaquil, Produbanco, Ficohsa, Cooprogreso, BanEcuador, Incoop, and Banco Amazonas, with documented outcomes such as Banco Pichincha's +43% market share growth, +150M annual commissionable transactions, and 20+ year relationship with Easysoft.

The business model rests on three revenue streams: software licensing (on-premise and SaaS, both recurring), professional services for implementation and digital transformation consulting, and complementary add-on modules. Ownership remains concentrated with founder Carlos Vega (CEO), and no external private equity, venture capital, or institutional investor participation is disclosed. The company has pursued a sequential product roadmap—contactless (2020), fintech platforms for startups (2022), AR/VR (2023), AI integration (2024), and a 2025 corporate rebranding emphasizing UX, CX, and AI—to defend and extend its position as the dominant banking software vendor in Ecuador and a growing regional player.

Name

Easysoft

Legal name

EASYSOFT S.A.

Website

https://easysoft.la

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

51–100 employees

Short description

Easysoft is a privately held Ecuadorian fintech software company that provides integrated digital banking platforms—including core banking, cash management, onboarding, and specialized financing modules—to banks, cooperatives, and financial institutions across six Latin American countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Quito

HQ country

Ecuador

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing: Banking software solutions licensed to financial institutions including banks, cooperatives, and insurance companies. Delivered on-premise or SaaS modality.
2. SaaS Platform Services: Software as a Service delivery model for banking solutions alongside on-premise deployment options
3. Professional Services: Implementation, support, and consulting services for banking digital transformation projects

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Easysoft develops and licenses an integrated digital banking software platform (EasyCashCore®) that enables financial institutions to automate collections, mass payments, onboarding, cash management, and retail/corporate banking operations. The platform is delivered on-premise or as SaaS, with multi-currency, multi-country, and multi-bank capabilities, and is complemented by specialized modules for onboarding, factoring, wholesale financing, confirming, remittances, teller operations, and digital identity.

Product overview

Easysoft offers a comprehensive digital banking platform ecosystem built around its core EasyCashCore® platform. The portfolio consists of core products (EasyCashCore®), enterprise banking solutions (Banca Empresas with multi-currency/multi-country/multi-bank capabilities), retail banking (Banca Personas), and the NEOCASH®/Cash Management® module for treasury and payment operations. Supporting modules include Onboarding & Contactless for digital customer acquisition, Campañas Push for credit campaigns, institutional solutions (EasyTeller, Easy CNB, Easy SNP, EasyMonitor, Afiliaciones, Seguridades), enterprise solutions (Easy IATA, Recaudo en Línea, EasyFactoring®, EasyWholesale®, EasyConfirming®, Easy Remesas, Gestión de Rol), and complementary services (Firma Digital, Identidad Digital, Call Center Digital, AI-powered WhatsApp transactions, Contactless operations, UX/UI design, AR/VR, Motion Design). The platform operates in on-premise or SaaS modes and is deployed across banks in Ecuador, Peru, Panama, Honduras, El Salvador, and Colombia.

Differentiator

Problem solved

Functional benefit

Brands

• EasyCashCore: Core banking platform launched in 2002, designed to automate mass collections and payments, replacing manual methods.
• EasyFactoring
• EasyWholesale
• EasyConfirming
• NEOCASH (Cash Management)
• Nualy
• Easy IATA
• Recaudo en Línea
• Easy Remesas
• EasyTeller (Ventanilla)
• Easy CNB
• Easy SNP
• EasyMonitor
• EasyCashCore App (NEOCASH App)

Quantifiable outcome

• 85% market share in Ecuador with 85% of Ecuadorian banks as clients
• +5 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature12 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Superintendencia de Bancos (Ecuador)coreOthersRegulatory oversight body that has qualified Easysoft as an Auxiliary of the Financial System, enabling them to operate as a trusted technology provider for banks in Ecuador.
• SEPS (Superintendencia de Economía Popular y Solidaria)coreOthersRegulatory body for the popular and solidarity economy sector that has qualified Easysoft, allowing them to serve cooperatives and credit unions.
• Banco Central del EcuadorcoreOthersCentral bank accreditation as Electronic Payment Media Processor, enabling integration with national payment systems including SCI, SPI, and SPL.
• UANZminorOthersDesign and creative partner that created Easysoft's website and branding materials, including Nicole Vega as Innovation Founder & CEO of UANZ.

Scale indicators15 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Backbase: Digital banking platform that modernizes legacy bank systems via customer-facing digital channels. Directly comparable to Easysoft's Banca Personas and Banca Empresas modules, particularly for incumbent banks seeking digital front-end upgrades.
• Alkami Technology: Cloud-based digital banking platform serving US regional banks and credit unions. Comparable as a digital banking SaaS provider targeting mid-sized financial institutions — directly relevant to Easysoft's cooperative and regional bank segment strategy.
• Thought Machine: Cloud-native core banking technology provider serving global Tier-1 banks. Comparable to Easysoft's core platform ambition, with a more modern vault architecture — relevant competitive threat as banks evaluate next-generation core replacements.
• nCino: Cloud banking platform serving commercial, retail, and credit union banks with a focus on digitized workflows and onboarding. Comparable to Easysoft's Onboarding & Contactless and Banca Empresas solutions, particularly in credit union and cooperative segments.
• Mambu: Cloud-native core banking platform serving neobanks and traditional banks globally. Directly comparable as a SaaS-delivered banking platform provider targeting digital transformation — a market segment Easysoft addresses with its on-premise/SaaS dual model.

Emerging players

• HighRadius: AI-powered Order-to-Cash and Treasury Management platform. Comparable to Easysoft's Cash Management® and NEOCASH® offerings for collections, payments, and treasury workflows — emerging competitor in the cash management automation category.
• Belvo: LatAm-focused open banking API platform enabling financial data connectivity and account verification. Comparable to Easysoft's Open Banking-ready architecture and digital identity/onboarding capabilities, particularly relevant for cross-border LatAm bank integrations.

Broad incumbents

• Temenos: Swiss-headquartered global core banking platform provider serving banks across 150+ markets. Comparable as a broad incumbent offering end-to-end core banking, digital channels, and payments — overlapping significantly with Easysoft's EasyCashCore® and Banca Personas/Empresas suites.
• FIS: Global financial technology provider offering core processing, digital banking, payments, and capital markets software. Broad incumbent peer with overlapping capabilities across Easysoft's full product suite, particularly relevant for large bank transformation RFPs.

Regional players

• Pomelo: LatAm banking-as-a-service platform providing card issuing, accounts, and payment infrastructure. Comparable as a regional fintech infrastructure peer serving financial institutions across Latin America — overlaps with Easysoft's Easy IATA, Recaudo en Línea, and payment orchestration products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

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 Easysoft