Solvento

Solvento is a financial technology company targeting the logistics and trucking sector in Latin America, with a specific focus on Mexico. Founded in 2021 by Jaime Tabachnik, Guillermo Bosch, and Pedro Bosch, the Mexico City-based firm was established to address critical liquidity and payment inefficiencies plaguing the region's transportation industry. The idea for Solvento emerged from CEO Jaime Tabachnik's direct experiences in his family's electric distribution company and later as CEO of a digital freight brokerage, where he witnessed the financial struggles of carriers. This firsthand knowledge of the industry's pain points, particularly the long payment cycles that average 60 days, catalyzed the company's creation.

The company operates in the logistics fintech market, providing a payment and credit infrastructure primarily for small to mid-sized trucking companies, which constitute about 95% of Mexico's carrier market. Solvento's business model centers on automating freight payments and financing invoices, offering immediate liquidity to truckers and third-party logistics (3PL) providers. This solves a major cash flow problem for carriers who face significant upfront operational costs. Revenue is generated through its financial services and a suite of software-as-a-service (SaaS) products. The company has successfully provided over $180 million in cumulative loans to more than 1,400 trucking companies.

Solvento's core offering is a platform that automates the entire accounts payable process, from invoice validation to payment. A key product is 'Solvento Audita,' an AI-powered software that audits and automates billing to enhance transparency in the supply chain. This system extracts and validates data from documents, reconciles proof-of-delivery with invoices, and verifies complex accessorial charges, integrating with existing logistics management software via APIs. By providing immediate payment solutions, the company enables carriers to improve their financial stability and helps shippers and logistics firms to retain loyal transport partners. Solvento is now expanding its services to U.S. companies engaging in cross-border trade with Mexico, capitalizing on the nearshoring trend.

Keywords: logistics fintech, freight payment automation, invoice financing, supply chain finance, trucking industry, Latin America logistics, Mexico cross-border trade, carrier payments, working capital solutions, 3PL financial services, transportation management software, digital freight finance, Jaime Tabachnik, nearshoring, trade finance, accounts payable automation, AI in logistics, fleet financing, SMB financing, LatAm fintech