Fintech Radar develops a treasury suite that automates bank reconciliations, cash-flow projections and mass payment processing under one platform. The company was founded in 2022 by Herbert Schulz, Gabriel Vilaboa and Rafael Martínez and serves clients in Chile and Mexico. To date it has processed more than 3 million payments totaling about US$400 million and counts 19 customers across Chile and Mexico, with advanced talks with insurers and firms in health, real estate and education. Management plans aggressive hiring—especially engineering—and aims to triple sales versus 2023 while improving profitability and hitting metrics needed for a Series A. In the second half of 2024 the company plans to add an AI layer to further automate processes in its product suite. The firm opened its second market in Mexico and the CEO relocated to lead that operation.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2024