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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
Investors
Ranked
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
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Abaco's founders and board of directors

Founder? Claim Profile
The founders of Abaco are Carlos Villalobos and Moises Hasbun.
Here are the details of Abaco's key team members:

Abaco's employee count trend

Abaco has 50 employees as of Jun 26. Here is Abaco's employee count trend over the years:
Employee count trend for Abaco
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CreditEnable
CreditEnable
2017, London (United Kingdom), Seed
Online marketplace for business loans
$10.1M
38/100
2nd
Logo for Abaco
Abaco
2023, El Salvador (Guatemala), Seed
Online lending platform offering business loans
$53.5M
35/100
3rd
Logo for Banco de Antigua
Banco de Antigua
1997, Guatemala City (Guatemala), Unfunded
Platform offering credit solutions
-
-
22/100
4th
Logo for Financiera Sucre
Financiera Sucre
2023, Guatemala City (Guatemala), Unfunded
Platform offering personal and commercial loans
-
-
16/100
5th
Logo for Easy Money Loan
Easy Money Loan
2020, Liverpool (United Kingdom), Deadpooled
Online lending solutions for consumer and business loans
-
-
15/100
6th
Logo for Invercredits Salvador
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:

FAQs about Abaco

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