Ecuafact
“Can a local Ecuadorian e-invoicing SaaS own the compliance layer for every business required to submit electronic documents to the SRI?”
Founded2016
HQGuayaquil, Guayas, Ecuador
IndustryVertical SaaS / Accounting
The story
Founded in 2016 as a product of Ecuadorian software consultancy Ecuanexus-IT S.A., Ecuafact started as a basic electronic invoicing tool for small entrepreneurs to comply with Ecuador's SRI tax authority. Over time it expanded upmarket by adding digital signatures, mobile apps, multi-RUC corporate plans, and API/ERP integrations. By 2026 it had grown to over 100,000 users and positioned itself as a compliance-first SaaS for Ecuador's mandatory immediate transmission regulation—making tax compliance software a recurring subscription business for SMBs, accountants, and large enterprises.
Product timeline
2016
Ecuafact launched as a product of Consultora Informática Ecuadorian Nexus (Ecuanexus-IT S.A.) to serve Ecuador's growing electronic invoicing compliance market.· pivot
2018
Incorporated digital signature (firma electrónica) into the platform, expanding beyond basic invoice emission.· banking
2020
Released mobile applications for iOS and Android, enabling invoicing from any device.· pivot
2023
Launched API and webservice integrations for ERP and accounting systems, targeting corporate clients with multi-RUC needs.· acquisition
2026
Achieved full compliance with Ecuador's SRI mandatory immediate transmission regulation (Resolución NAC-DGERCGC25-00000017), delivering documents in under 5 seconds.· pivot
The stack
0 layers disclosed in Ecuafact’s embedded-finance stack
Accounting gap: minor