“Can a LATAM-focused B2B payments automation platform — now operating as Paystand's Mexico/LATAM subsidiary — own the full AR/AP/procurement financial operations stack for mid-market enterprises integrated to their ERPs?”
Founded in 2016 as a B2B procurement and financial management platform for Mexican SMBs and enterprises, Yaydoo evolved from a procurement marketplace (VendorPlace) to a full-stack AR/AP automation suite. In 2022, Paystand acquired Yaydoo to extend its blockchain-based B2B payment network into Mexico and LATAM, creating a unicorn. Post-acquisition, Yaydoo operates as Paystand's LATAM arm, expanding its Oyster payments platform to cover collections (PorCobrar), payables (Oyster AP), and ERP integrations with NetSuite and SAP Business One.