When was Saldo founded?

Saldo was founded in 2014 and raised its 1st funding round within a year of its incorporation.

Where is Saldo located?

Saldo is headquartered in San Francisco Javier, Mexico.

How many employees does Saldo have?

As of Aug 31, 2026, the latest employee count at Saldo is 8.

Is Saldo a funded company?

Saldo is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 19, 2014.

When was the latest funding round of Saldo?

Saldo's latest funding was a $***** Grant (prize money) round on Jul 20, 2017, with participation from 1 investor.

Where does Saldo rank among its competitors?

Saldo ranks 2nd amongst 36 active competitors, of which 5 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Baluwo, which secured $2.2M in Mar, 2022.

Who are the top competitors of Saldo?

Saldo's top competitors include Baluwo, xCurrency and BlueKite. Among them, Baluwo secured the most recent funding round in March, 2022.

Saldo - 2026 Company Profile, Team, Funding & Competitors

Company Details

App-based wallet for cryptocurrency. It allows users to make payments for electricity, cable, internet bill, and more. It provides cross-border bill payments. The app is available for iOS and Android platforms.

Website: www.saldo.mx/
Social

Key Metrics

Founded Year

2014

Location

San Francisco Javier, Mexico

Stage

Seed

Latest Funding Round

Grant (prize money), Jul 20, 2017, $*****

Investors

INV Fintech & 5 more

Ranked

2^nd among 36 active competitors

Employee Count

8 as on Aug 31, 2026

Similar Companies

Baluwo & 41 more

View Saldo's full profile

Saldo has raised funding over 2 rounds. Its first funding round was on Nov 19, 2014. Its latest funding round was a Grant (prize money) round on Jul 20, 2017 for $*****. 1 investor participated in its latest round. Saldo has 6 institutional investors.

Here is the list of recent funding rounds of Saldo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 20, 2017	2970585	Grant (prize money)	5564452	5029610	5877128	4606081
Nov 19, 2014	3076026	Seed	6995342	2724768	1161594	CrossCoin Ventures

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View details of Saldo's funding rounds and investors

The founders of Saldo are Marco Montes and Mariela Ilieva.

Here are the details of Saldo's key team members:

Marco Montes: Former Founder of Saldo.
Mariela Ilieva: Co Founder and Chief Accountant of Saldo.

View details of Saldo's Founder profiles and Board Members

Saldo's employee count trend

Saldo has 8 employees as of Aug 26. Here is Saldo's employee count trend over the years:

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Top competitors of Saldo include Baluwo, xCurrency and BlueKite. Here is the list of Top 10 competitors of Saldo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Baluwo 2016, Barcelona (Spain), Seed	Provider of digital financial services for mobile phone balance transfers	$2.91M	Cabiedes & Partners, Creas & 5 others	48/100
2nd	Saldo 2014, San Francisco Javier (Mexico), Seed	App-based wallet for cryptocurrency	-	INV Fintech, MassChallenge & 4 others	42/100
3rd	xCurrency 2001, Zhuhai (China), Series A	Forex rate converter and remittance services	-	Yingdong Capital, 51 Credit Card	38/100
4th	BlueKite 1998, Miami (United States), Acqui-Hired	Cross-border bill payments and remittances	$37.5M	TPG, PeopleFund & 2 others	37/100
5th	Quippi 2012, San Diego (United States), Acqui-Hired	US-Mexico cross border gift cards	$2.43M	Franklin Templeton Investments, Avalon Ventures ... & 2 others	32/100
6th	Remitout 2017, Mumbai (India), Funding Raised	Platform to send money out of India	-	-	28/100
7th	BP Venture 2020, Sheridan (United States), Unfunded	Blockchain-based global payments platform focused on tuition fees	-	-	28/100
8th	Pax Credit 2017, Singapore (Singapore), Deadpooled	Cross border payments platform for international students	-	T-Hub, Techstars	27/100
9th	Mergims 2013, Kigali (Rwanda), Seed	Mobile app provider to pay bills across borders.	$70K	Kickstart Innovation, Swiss ICT Investor Club ... & 3 others	27/100
10th	LUMENWIRE 2019, Surrey (Canada), Unfunded	Cross-border money transfer platform to pay education fees	-	-	24/100