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[BUSINESS] · El Salvador, Guatemala, Costa Rica · 2 sources

started · updated

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.

Entities

ABACO