Cresium provides a digital business account platform designed to simplify corporate financial management for startups, PyMEs, and corporations. The service consolidates payments, collections, and automated daily investments into a single, zero-fee digital interface. This platform helps businesses automate reconciliation processes and gain liquidity while earning daily interest on their balances.
Funding
$335K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small and medium-sized enterprises (SMEs) in Latin America often face challenges in managing their finances due to fragmented financial systems and limited access to sophisticated tools. Traditional banking solutions can be slow, complex, and may not fully address the specific needs of growing businesses in the region. This can lead to inefficiencies in cash flow management, investment, and access to financing.
Solution
Cresium is a financial platform tailored for Latin American SMEs, providing a unified interface for payment processing, automated investment management, and loan offerings. The platform enables businesses to efficiently manage cash flow by sending and receiving instant transfers, managing payroll, and paying taxes. Cresium also offers automated investment options to optimize capital allocation and access to loans backed by SGR with competitive rates and fast approval. The platform provides real-time visibility of financial activities and facilitates secure collaboration with team members and accountants.
Target Audience
Cresium primarily targets SMEs in Latin America, including startups, corporations, and established businesses, seeking a comprehensive financial management solution.
Features
- Instant money transfers for sending and receiving payments
- Automated investment management with subscription and redemption capabilities
- Access to business financing with SGR-backed loans
- Multi-user support with customizable access levels for team collaboration
- Automated reconciliation of collections with reminders and tracking
- Scheduled transfers for automated payments to suppliers
- Integration with Grupo Mariva and Banco Industrial
- Daily interest generation on company funds