Chipax is a fintech SaaS platform that provides small and medium-sized businesses (SMBs) in Latin America with real-time accounts receivable (AR) and accounts payable (AP) management. Chipax handles all payments, invoices, and reconciliations, helping SMBs automate and streamline their financial operations, particularly in markets like Mexico and Chile.
Founded by Antonio Correa, François Gueneau de Mussy, Joaquín Brenner, and Felipe Urzúa—engineers with direct experience managing SMB finances—Chipax addresses the common pain points faced by business owners in tracking cash flow, managing invoices, and maintaining up-to-date financial records. The platform currently serves over 1,100 paying businesses and reports $1.6M ARR, reflecting its growing adoption among Latin American SMBs.
What technology enables Chipax's platform?
Chipax leverages cloud-based technology to centralize and automate the financial processes of SMBs. By integrating with banks and accounting systems, it provides real-time visibility into AR and AP, automates reconciliation, and reduces manual bookkeeping overhead. This approach allows business owners and finance teams to make informed decisions, improve cash management, and focus more on core operations rather than administrative tasks.
Who uses Chipax?
Chipax primarily serves small and medium-sized businesses operating in Latin America, especially those based in Mexico and Chile. The platform is tailored for business owners, accountants, and finance professionals seeking an efficient way to manage day-to-day finances, track payments, and maintain compliance without the complexity of enterprise-level systems. Its focus on the unique needs of Latin American SMBs sets it apart from global competitors.
Who are Chipax's competitors?
Chipax operates within the Latin American SMB finance and accounting software space. Key competitors and platforms in this sector include:
- SUMA: Offers intuitive financial management tools for Latin America's small businesses.
- Treinta: Provides bookkeeping, POS, and payment processing solutions for small and micro merchants across LatAm.
- Xepelin: Fintech specializing in online financial services and lending for SMBs.
- Linedata: Delivers smart software solutions for SMB lenders and lessors.
- Centric Software: Cloud-based PLM for small and mid-sized businesses aimed at speeding product development and efficiency.
- SlickPie: Accounting and invoicing software for small businesses and freelancers.
- Mercury: Combines banking with modern finance tools for SMBs.
- Accenture: Offers broad SMB solutions for enterprise organizations.
- Oracle: Provides cloud solutions for SMB growth in multiple business areas including finance.
These companies represent a mix of regional and global players competing to digitize and streamline SMB financial management. Chipax differentiates itself through its deep focus on the unique operational and regulatory needs of Latin American businesses.
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