Abaco - About the company
Abaco is a seed company based in El Salvador (Guatemala), founded in 2023 by Carlos Villalobos and Moises Hasbun. It operates as an Online lending platform offering business loans. Abaco has raised $53.5M in funding from HubSpot. The company has 4 active competitors, including 2 that are funded. Its top competitors include companies like CreditEnable, Banco de Antigua and Financiera Sucre.
Company Details
Online lending platform offering business loans. It offers solutions for invoice financing, liquidity, supplier payments, and financial management. It enables businesses to avail revolving lines of credit for cash flow management and helps in the collection of invoice payments.
Key Metrics
Founded Year
2023
Location
El Salvador, Guatemala
Stage
Seed
Total Funding
$53.5M in 3 rounds
Latest Funding Round
Ranked
2nd among 4 active competitors
Employee Count
50 as on Jun 30, 2026
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Abaco's funding and investors
Abaco has raised a total funding of $53.5M over 3 rounds. Its first funding round was on Oct 27, 2023. Its latest funding round was a Seed round on Jul 23, 2026 for $*****. 4 investors participated in its latest round. Abaco has 4 institutional investors.
Here is the list of recent funding rounds of Abaco:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 23, 2026 | 2963444 | Seed | 9155074 | 2948926 | 6476602 | 5713277 |
Jul 23, 2026 | 6975021 | Conventional Debt | 4970493 | 9427069 | 2944466 | |
Oct 27, 2023 | 6238245 | Seed | 2103665 | 9999118 |
View details of Abaco's funding rounds and investors
Abaco's founders and board of directors
Founder? Claim ProfileThe founders of Abaco are Carlos Villalobos and Moises Hasbun.
Here are the details of Abaco's key team members:
- Carlos Villalobos: Co-Founder & CEO of Abaco.
- Moises Hasbun: Co-Founder of Abaco. Contact Info: 1 email address
View details of Abaco's Founder profiles and Board Members
Abaco's employee count trend
Abaco has 50 employees as of Jun 26. Here is Abaco's employee count trend over the years:
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Abaco's Competitors and alternates
Top competitors of Abaco include CreditEnable, Banco de Antigua and Financiera Sucre. Here is the list of Top 10 competitors of Abaco, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CreditEnable 2017, London (United Kingdom), Seed | Online marketplace for business loans | $10.1M | 38/100 | |
2nd | Online lending platform offering business loans | $53.5M | 35/100 | ||
3rd | Banco de Antigua 1997, Guatemala City (Guatemala), Unfunded | Platform offering credit solutions | - | - | 22/100 |
4th | Financiera Sucre 2023, Guatemala City (Guatemala), Unfunded | Platform offering personal and commercial loans | - | - | 16/100 |
5th | Easy Money Loan 2020, Liverpool (United Kingdom), Deadpooled | Online lending solutions for consumer and business loans | - | - | 15/100 |
6th | Invercredits Salvador 2021, El Salvador (Guatemala), Deadpooled | Online platform for consumer and business loans | - | - | 15/100 |
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Abaco's Investments and acquisitions
Abaco has made no investments or acquisitions yet.
Reports related to Abaco
Here is the latest report on Abaco's sector:
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