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Ábaco expands SME ecosystem with new management tools
Salvadoran fintech Ábaco has launched ‘Adelántate’, an expanded ecosystem designed to support small and medium-sized enterprises (SMEs) through digital financing and business management tools. Following a recent US$53 million capital raise, the company is integrating artificial intelligence and management software to help businesses improve liquidity and decision-making.
In its first three years, Ábaco has originated over US$100 million in financing for regional SMEs through more than 22,000 disbursements. With its new expansion, the company aims to originate more than US$350 million in credit and reach over 10,000 SMEs across El Salvador, Guatemala, and Costa Rica. The platform utilizes an invoice discounting model to convert accounts receivable into immediate liquidity.