About FACTO
FACTO is a Technology company based in Santiago (Chile) founded in 2014 by Mickle Foretic, and was acquired by Koywe in June 2024. It operates as a saaS solutions for accounting and sales management are provided. Its chief executive is Mickle Foretic. Its website facto.cl draws about 282 thousand monthly visits. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Account Payables & Receivables. Its competitors include Qonto, Melio, Lili, Azets and Settle and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
FACTO was founded in 2014 and is headquartered in Santiago, Chile. A SaaS platform is operated to support accounting, inventory management, sales processes, point-of-sale operations, and cash management. Additional tools for related business functions are included. The focus remains on streamlining financial and operational tasks for users in the accounting and sales sectors across Latin America.
Apps and channels of FACTO
its YouTube channel FACTO has 657 subscribers and 30 videos.
Videos from FACTO
The most watched videos on FACTO's YouTube channel, FACTO (657 subscribers). Click a video to play it here.
More on FACTO.
Investors in FACTO
FACTO has secured backing from 1 investor. Prominent investors backing the company include Koywe.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cryptocurrency is bought and sold via Koywe's Web3 wallet. | 2018 | koywe.com | Chile |
Investor details for FACTO
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People of FACTO
1 people are tracked at FACTO (1 in leadership).
| Name | Role | Group |
|---|---|---|
Mickle Foretic | Founder & CEO | Leadership |
Complete people profiles for FACTO
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Timeline of FACTO
2 dated milestones of FACTO across 10 years, from founding to its latest funding, stage changes and deals.
- Founded FACTO is founded.
- Exit Acquired by Koywe.
Competitors of FACTO
FACTO has 9 listed competitors in our database, 6 of them funded. They include Qonto, Melio, Lili, Azets and Settle, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| qonto.com | 2017 | Paris, France | $717.15M | – | Subscription-based online banking is offered to SMEs and freelancers. | |
| melio.tech | 2018 | Santa Clara, United States | $4.25M | – | Blood-based pathogen detection devices are manufactured for healthcare applications. | |
| lili.co | 2018 | New York, United States | $80M | – | Digital banking services are offered to freelancers. | |
| azets.com | 2016 | London, United Kingdom | – | 14 | Online accounting, tax, and audit management services for small businesses | |
| settle.com | 2019 | San Francisco, United States | $91M | – | Cloud-based cash flow management is provided for payers and vendors. | |
| esker.com | 1985 | Middleton, United States | – | 223 | AI and cloud-enabled source-to-pay automation solutions are provided for businesses. | |
| yaydoo.com | 2015 | Geneva, Switzerland | $20.4M | – | A payment and business management platform is provided for businesses. | |
| routable.com | 2016 | San Francisco, United States | $47.68M | – | Online invoicing and payment software is provided for businesses. | |
| versapay.com | 2006 | Miami, United States | – | – | Cloud-based B2B accounts receivable solutions are offered. |
Detailed competitors of FACTO
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Web traffic of FACTO
The website of FACTO (facto.cl) receives about 282.2K visits a month.
- Monthly visits282.2K
▼ 8.9% vs previous month
Websites whose visitors overlap most with FACTO. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
defontana.com | defontana.com | 100% | – | #19,684 | – |
solotodo.cl | solotodo.cl | 96% | – | #18,570 | – |
bitrix24.es | bitrix24.es | 94% | – | #38,104 | – |
| facebook.com | 79% | 12.1B | #3 | View details | |
| instagram.com | 77% | 7.1B | #4 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for FACTO
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- 23 similar websites
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Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as FACTO (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, Ile de France, France | USD 717.15 M | USD 171.7 M | 2,457 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | 8,159 |
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Related news about Facto
Complete news archive for FACTO
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Frequently Asked Questions about FACTO
FACTO was founded in 2014.
FACTO is headquartered in Santiago, Chile. It is registered at Santiago, Region Metropolitana De Santiago, Chile.
Mickle Foretic is the current CEO of FACTO. They have also founded this company.
FACTO was founded in 2014 and is headquartered in Santiago, Chile. A SaaS platform is operated to support accounting, inventory management, sales processes, point-of-sale operations, and cash management. Additional tools for related business functions are included. The focus remains on streamlining financial and operational tasks for users in the accounting and sales sectors across Latin America.
FACTO has 1 investor. Key investors include Koywe.
Yes. FACTO was acquired by Koywe in June 2024.
The website of FACTO receives about 282 thousand visits a month.