Billpocket

Billpocket is Square for Latin America, allowing SMEs to process credit and debit cards. They started in Mexico in 2012, launched the product in 2013, and have executed well, building a strong business, growing steadily each year. They hit an inflection point in 2018, growing to $22M ARR from $13M ARR when we first started talking to them in February 2019. They have been extremely scrappy, building the business, only taking $1.3M of previous angel investment. The founders started the company with $100K and have reinvested so far over $35M in the business from revenues.

Website:
https://www.billpocket.com/

Founders:
Alejandro Guízar

Country:
Mexico

Co-Investors:
Axon Venture Partners
Alpha4Ventures
Mastercard

 

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