Fapro

Fapro is a Chilean fintech company founded by Leonardo Hidalgo, Maximilian Ortiz Vial, and Pablo Carrasco Melo, providing data analytics and risk assessment tools for financial institutions in Latin America.

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Provides financial data tools that help banks and businesses assess risk and speed up lending decisions.

Fapro is a Chilean fintech company founded by Leonardo Hidalgo, Maximilian Ortiz Vial, and Pablo Carrasco Melo, providing data analytics and risk assessment tools for financial institutions in Latin America. The company specializes in delivering real-time financial data, risk analysis, and tax information services, primarily targeting banks, factoring companies, and SMEs. With a team of 11-50 employees based in Santiago, Fapro has built a reputation for integrating multiple data sources to offer comprehensive risk evaluations and liquidity solutions.

The company emphasizes ISO 27001-certified data security through AWS infrastructure, appealing to clients needing compliance-ready tools. While specific revenue figures are undisclosed, Fapro claims over 70 enterprise clients, including notable names like Factor Plus, Lateral SF, and VNT Factoring, which report measurable efficiency gains from its platform. Recent focus areas include expanding its factoring risk assessment tools and deepening integrations with regional tax authorities like SUNAT in Peru.

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Who buys this

  • Banks and financial institutions
  • Factoring and invoice discounting companies
  • Small and medium-sized enterprises (SMEs)
  • Fintech startups
  • Credit risk assessment teams

Publicly disclosed clients

  • Factor Plus
  • Lateral SF
  • VNT Factoring

Strengths and what to watch

Strengths

  • ISO 27001-certified data security on AWS infrastructure
  • Integration with multiple Latin American tax authorities including SUNAT
  • Proven case studies showing 15-45% efficiency gains for factoring clients

Watch for

  • Limited public funding or revenue disclosures raise questions about financial sustainability
  • High client concentration in Chilean and Peruvian markets
  • Dependence on third-party data sources for risk assessments

Key Information

Founded
2018
Headquarters
Santiago, Chile

Frequently Asked Questions

What is Fapro and what does it do?

Fapro is a Chilean fintech providing real-time financial data and risk assessment tools for Latin American banks, factoring firms, and SMEs. Their platform integrates tax authorities' data to speed up lending decisions, with ISO 27001-certified security on AWS infrastructure. The company serves 70+ enterprise clients across the region.

How does Fapro help factoring companies?

Fapro's tools analyze client financials and tax data to assess credit risk, helping factoring firms make faster lending decisions. Case studies show 15-45% efficiency gains for clients like Factor Plus by automating risk evaluations and integrating with Latin American tax systems such as Peru's SUNAT.

Is Fapro's financial data secure?

Yes, Fapro maintains ISO 27001 certification for information security, hosting its risk assessment platform on AWS infrastructure. This compliance standard assures clients their sensitive financial data is protected, particularly important for banks and factoring companies handling confidential borrower information across Latin America.

Which companies use Fapro's services?

Fapro serves over 70 enterprises including notable factoring firms like Factor Plus, Lateral SF, and VNT Factoring. Their primary clients are Latin American banks, SME lenders, and fintechs needing automated risk assessments. Most current clients are concentrated in Chile and Peru.

What are Fapro's limitations?

Fapro faces high client concentration in Chile/Peru and depends on third-party data sources. Limited public funding disclosures raise sustainability questions. While offering strong efficiency gains, the platform may lack depth for markets without tax authority integrations beyond its current Latin American coverage.

How does Fapro integrate with tax authorities?

Fapro connects directly with Latin American tax systems like Peru's SUNAT to verify financial data in real time. This integration allows lenders to validate borrower tax filings during risk assessments, reducing manual verification work and speeding up credit decisions for SME loans and factoring transactions.

Sources

  1. fapro.app — Product claims, client case studies, and security certifications
  2. www.crunchbase.com — Founding team, employee count, and company location
  3. fapro.app — Factor Plus client case study
  4. fapro.app — Lateral SF client case study