Sifone Company S.A.S

What Sifone Company S.A.S does

Sifone Company S.A.S is a Colombian software vendor headquartered in Soacha/Bogotá that develops and operates Trebol Sifone, a cloud-based ERP platform purpose-built for the solidarity economy — cooperatives, employee funds (fondos de empleados), mutuals, and related financial institutions. The platform is delivered on Microsoft Azure infrastructure under a subscription SaaS model, with native integrations spanning payment processing (PayU, Bambbú Pay), digital identity and biometric authentication (WSecurity, TusDatos, Dongii), and complementary fintech rails (Zona Virtual, Olimpia IT).

The product is differentiated by deep vertical specialization: member management, statutory accounting, supervisory reporting, and loan/portfolio workflows tailored to entities regulated under Colombia's solidarity-economy framework. The company monetizes through recurring subscriptions, with Gabriel Perez Chaparro serving as CEO and an organization of approximately six employees. Sifone also holds a trademark portfolio it has actively defended, including a 2020 legal outcome against Apple in the relevant class.

The business operates as a micro-verticalized SaaS vendor with no disclosed institutional funding. Strategic activity in recent years has centered on widening the integration ecosystem (voice biometrics, KYC, payments, e-wallets) and extending the addressable vertical to include financial entities, signaling a deliberate platformization of the solidarity-economy ERP niche.

Name

Sifone Company S.A.S

Legal name

SIFONE COMPANY S.A.S.

Website

https://sifonecompany.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Sifone Company S.A.S is a Colombian SaaS provider of Trebol Sifone, a cloud-based ERP on Microsoft Azure serving cooperatives, employee funds, mutuals, and financial institutions in the regulated solidarity economy.

Ownership category

akta.pro rank

Product category

Financial ERP Software for Cooperatives and Solidarity Sector

NAICS

Custom Computer Programming Services (541511), Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

akta.pro secondary industry

Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)

Keywords

• Cloud financial ERP
• Cooperative management software
• Electronic invoicing DIAN
• Electronic signature platform
• SARLAFT compliance software

Headquarters

HQ city

Soacha

HQ country

Colombia

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. ERP Software Licensing and SaaS Subscriptions: Trebol Sifone ERP is offered as a cloud-based (SaaS) solution with monthly subscription payments dependent on company size. Includes modules for accounting, payroll, savings, fixed assets, treasury, inventory, NIIF/IFRS, and SARLAFT. Professional services for implementation and support are also provided.
2. OTP and Electronic Signature Services: OTP validation (double authentication) offered on a pay-per-use model, which is more economical than physical tokens and more reliable than SMS-based solutions. Integrated into the virtual office and electronic signature workflows.
3. Electronic Invoicing: DIAN-certified electronic invoicing platform, integrated with Trebol Sifone, generating revenue through transaction processing and platform access fees.
4. Cloud Services (Sifone Cloud): Cloud hosting and infrastructure services for solidarity and financial sector entities, billed monthly based on service requirements and company size (SaaS payment model).
5. Professional Services: Implementation, support, and consulting services for ERP deployment, SARLAFT system design, and ongoing technical maintenance.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Sifone Company S.A.S develops and licenses Trebol Sifone, a fully parametric cloud-based financial ERP tailored for Colombia's solidarity and financial sector (cooperatives, employee funds, mutuals, credit entities). The ERP is sold via SaaS subscriptions and is complemented by integrated solutions for electronic signature (voice biometric), electronic invoicing (DIAN-certified), OTP two-factor authentication, public database queries, electronic payments, virtual office web banking, a solidarity mobile app, and an electronic wallet (Bambbú Pay). Revenue is generated through SaaS subscriptions scaled to client size, transaction-based fees for invoicing, and usage-based fees for OTP/signature services, alongside implementation and professional services.

Product overview

Sifone Company S.A.S offers a platform-plus-modules architecture centered on Trebol Sifone, a fully parametric financial ERP for Colombia's cooperative (Cooperativas de Ahorro y Crédito, Aporte y Crédito), employee fund (Fondos de Empleados), mutual, and financial institution sector. Trebol Sifone serves as the core platform, with all modules — including Accounting (Contabilidad), Savings & CDs (Ahorros y CDATS), Payroll (Nómina), Treasury & Cash (Tesorería y Caja), Inventories (Inventarios), Fixed Assets (Activos Fijos), Administrative (Administrativo), Document Management (Gestión Documental), IFRS/NIIF (Normas Internacionales), Reports (Informes y Consultas), Maintenance (Mantenimiento), User Management (Usuarios), and SARLAFT — integrated 100% online to the NIIF-compliant accounting process. Around this core, Sifone Company offers a suite of integrated add-on solutions: Oficina Virtual (web banking portal), Firma Electrónica (electronic signature), Validación OTP (two-factor authentication), Facturación Electrónica (DIAN-certified e-invoicing), Bases de Datos Públicas (public database queries for SARLAFT), App Solidaria (mobile app), Billetera Electrónica/Bambbú Pay (e-wallet), Pagos Electrónicos (electronic payments via Zona Virtual and PayU), Sifone Cloud (cloud infrastructure on Azure/Dongsee), and Tarjeta Débito (debit card). The ecosystem is further extended through integrations with WSecurity (OTP/voice biometrics), Olimpia IT (e-invoicing certification), TusDatos (public data APIs), and Bambbú Pay (e-wallet).

Differentiator

Problem solved

Functional benefit

Products and services

• Trebol Sifone Fully parametric cloud-based financial ERP adapted to Colombian solidarity sector norms, with all modules (accounting, payroll, savings, treasury, inventory, fixed assets, NIIF/IFRS, SARLAFT) integrated 100% online to the NIIF-compliant accounting process. Designed for savings and credit cooperatives, contribution-based cooperatives, employee funds, mutuals, credit entities, and financial institutions in Colombia.
• Oficina Virtual Web-based transactional portal providing cooperative members and clients 24/7/365 access to consult information, submit requests, and perform transactions online. Includes credit application submission with electronic signature, service requests, PQRS, OTP double authentication, and PSE/credit card payment processing. Targets cooperatives and their members.
• Firma Electrónica Electronic signature module enabling clients to sign promissory notes (pagarés), loan assignments (libranzas), institutional documents, and other documents using a cell phone and voice as the signing method. Generates digital certificates, timestamps, and voice biometric evidence. Legally backed by Colombian Law 527 of 1999 and Decree 2364 of 2012.
• Validación OTP Two-factor authentication tool generating one-time passwords via telephone call using the client's cell phone number as token. Features voice biometric identification, dual-channel delivery (internet and voice), and evidence generation including voice traces and timestamps. Powered by WSecurity integration.
• Sifone Cloud Cloud infrastructure service providing centralized, online, always-available data management on Microsoft Azure and Dongii cloud servers, with automatic backups, 24/7/365 availability, VPN site-to-site, SSL Level 1 certificates, and SAAS payment model. Sold to solidarity and financial sector entities.
• Facturación Electrónica DIAN-certified electronic invoicing module co-developed with Olimpia IT for managing, storing, and administering all invoices digitally. Includes factoring capabilities, electronic signature integration, digital timestamps, and DIAN compliance per Decree 2242 of 2015. Integrated with Trebol Sifone.
• Bases de Datos Públicas Real-time public database query platform consulting Colombian government-enabled sources (police records, judicial records, DIAN RUT, RUNT, SIMIT, SISBEN, OFAC, UN, Interpol, civil registry, professional licenses) to generate risk reports on associates, clients, and suppliers for SARLAFT compliance. Integrates with Trebol Sifone or runs as standalone via TusDatos REST API.
• App Solidaria Mobile application for cooperative members providing account status, data updates, notifications/alerts, virtual ID cards, news feeds, event management, credit simulation, and credit applications. Available on Android and iOS. Designed for cooperative members and employees of employee funds.
• Billetera Electrónica (Bambbú Pay) Electronic wallet co-developed with Grupo Empresarial Bambbú, enabling promotions, loyalty programs, georeferenced merchant discovery, revolving credit pockets, and multi-unit transactions (pesos, points, products) via a mobile app on Android and iOS. Sold to solidarity sector entities and their affiliated merchants.
• Pagos Electrónicos Electronic payment integration service providing real-time connections to Zona Virtual and PayU Latam for processing credit card, PSE button, bank cash office (Banco de Bogotá, Bancolombia, Davivienda), and non-bank correspondent (Efecty, Baloto, Sured) payments. Transactions automatically and in real time recorded into Trebol Sifone's accounting.

Quantifiable outcome

• Most implementations of any cloud-based solidarity sector financial software in Colombia
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability7 records

Feature10 records

Partnerships

Eight partnerships are on record, tiered core.

• Zona VirtualcoreTechnology or IntegrationIntegration partner providing online payment processing services. Sifone Company has developed real-time integrations with Zona Virtual enabling electronic payments through PSE, credit card, bank boxes, and non-bank correspondents (Efecty, Baloto, Sured) for solidarity sector clients.
• EnpactocoreTechnology or IntegrationStrategic alliance for integrated technology solutions within the Sifone Company platform ecosystem for the solidarity and financial sector.
• PayU LatamcoreTechnology or IntegrationIntegration partner enabling online payment processing for Sifone Company's virtual office and electronic payment modules. Allows credit card payments and PSE transactions for cooperative members and clients.
• Olimpia ITcoreTechnology or IntegrationDIAN-certified provider partner for electronic invoicing (Facturación Electrónica). Sifone Company and Olimpia IT co-developed an electronic invoicing solution that meets Colombian DIAN requirements under Decree 2242 of 2015.
• WSecuritycoreTechnology or IntegrationCybersecurity integration partner for the OTP validation and electronic signature platform. WSecurity provides the security infrastructure supporting Sifone Company's double authentication and voice biometric verification solutions.
• TusDatoscoreTechnology or IntegrationData partner providing the technology for the Bases de Datos Públicas (Public Database Queries) module. TusDatos enables real-time queries to Colombian government databases including criminal records, SISBEN, DIAN RUT, and other public information sources.
• Bambbú Pay (Grupo Empresarial Bambbú)coreTechnology or IntegrationE-wallet / mobile payments partnership. Bambbú Pay is an initiative of Grupo Empresarial Bambbú (GEB) that, together with Sifone Company, offers an integrated and secure mobile e-wallet solution for solidarity sector entities, supporting promotions, loyalty programs, georeferencing, and revolving credit through the cloud.
• Microsoft AzurecoreTechnology or IntegrationCloud infrastructure provider. Sifone Company leverages Microsoft Azure cloud servers for hosting its SaaS platform, benefiting from Microsoft's global data center security, 24/7 operations, biometric access controls, and enterprise-grade infrastructure.

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• FIS: Global financial services technology provider with core banking, payments, and risk solutions. Comparable to Sifone's integrated payments, virtual office, and compliance modules, particularly for financial institutions and community banks.
• SAP: Global ERP and business software leader with SAP Business One, S/4HANA, and industry solutions for financial services and cooperatives. Comparable at the ERP category level, with SAP increasingly localizing for LatAm regulatory compliance.
• Temenos: Global banking software platform serving retail, cooperative, and community banks with core banking, digital channels, and compliance. Comparable to Sifone's Trebol Sifone ERP for cooperative and small financial institutions, though at a much larger enterprise scale.
• Wolters Kluwer: Global RegTech and compliance software provider with finance and risk management solutions. Comparable to Sifone's SARLAFT and compliance modules, with overlap in regulatory technology for financial institutions and cooperatives.
• Fiserv: US-listed financial technology provider serving community banks, credit unions, and cooperatives with core banking, digital, and merchant solutions. Comparable to Sifone's full-suite ERP plus virtual office offering for cooperative financial institutions.
• Microsoft Dynamics 365: Microsoft's cloud ERP and CRM platform (Business Central / Finance & Supply Chain) hosting alternatives to Sifone's Azure-hosted Trebol Sifone. Comparable in cloud architecture and increasingly competitive in the Colombian financial-services and cooperative market through partner-led localization.

Direct peers

• SIESA: Colombian ERP and business management software company with modules spanning accounting, payroll, treasury, and fixed assets. Comparable to Sifone's Trebol Sifone core ERP offering and competes for similar financial-services and SMB customers in Colombia.
• Carvajal Tecnología y Servicios: Colombian-headquartered technology and business services provider with ERP and financial software offerings that overlap with Sifone's target market of Colombian cooperatives, financial institutions, and SMBs. Both compete for cooperative and financial-sector digital transformation budgets in Colombia.

Regional players

• Softland: Latin American ERP provider (part of the Quanam group) offering mid-market ERP, HR, and financial management solutions across Colombia, Chile, Argentina, and other LatAm markets. Comparable to Sifone's parametric, locally-tuned ERP approach for SMEs and financial-adjacent customers.
• Orisha (formerly Sage Latin America): France-based software publisher serving SMBs and cooperatives across Latin America with ERP, accounting, and HR solutions. Comparable to Sifone's vertical SaaS approach for cooperatives and small financial institutions in Latin America.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/sifonec
• Facebookfacebook.com/sifone.company
• LinkedInlinkedin.com/company/sifonecompany

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Sifone Company S.A.S