Higob.com

About Higob.com

Higo.io is a financial technology company that offers an all-in-one platform for managing accounts payable and receivable, leveraging artificial intelligence to streamline operations. The company was founded by Rodolfo Corcuera, Daniel Tamayo, and Juan José Fernández. The idea for Higo originated from Corcuera's own experiences with liquidity problems in a previous venture, where delays in customer payments created challenges in paying suppliers.

The platform serves small and medium-sized enterprises (SMEs) in Mexico and Latin America, aiming to provide them with greater visibility and control over their cash flow. It automates the reception of invoices, facilitates approval workflows, and centralizes payments to suppliers. For accounts receivable, the system allows for real-time invoice visualization and sends automated payment reminders to clients to accelerate collections.

A key feature of Higo's business model is offering financing options. Businesses can receive early payment on their outstanding invoices or extend payment terms to their suppliers through the platform, addressing immediate liquidity needs without traditional bank loans. This financial flexibility is designed to help companies manage their working capital more effectively. Higo has successfully raised capital to expand its team and enhance its product, including a $23 million funding round.