Cumplo
“Can a collaborative-finance marketplace become LatAm's default SME working-capital channel by bypassing the banks?”
Founded2011
HQSantiago, Chile
IndustryFintech / Lending
The story
Founded 2011 in Chile as a crowdfunding/P2P lending marketplace connecting SMEs needing working capital with retail investors. Core product is invoice advancing (anticipo de facturas) and working-capital loans backed by receivables. Expanded to Peru and Mexico, and more recently launched a tokenized investment product ('Cumplo tokens') to broaden investor access. Operates as a Certified B-Corp positioning itself against traditional Chilean factoring/banking.
Last 12 months
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Product timeline
0
Expanded operations to Mexico and Peru, becoming a tri-country LatAm SME lender.· pivot
0
Launched Cumplo Tokens — tokenized investment opportunities for retail investors.· lending
2011
Cumplo founded as a collaborative financing (P2P lending) platform in Chile.· pivot
The stack
1 layer disclosed in Cumplo’s embedded-finance stack
Lending
Cumplo (in-house)Anticipo Factura (invoice advance)Anticipo Pronto Pago (early-payment program for corporate buyers)Capital de Trabajo (working-capital loan)Confirming / payables financing for corporatesCumplo Tokens (tokenized investment opportunities)
Accounting gap: significant