Yaydoo

Yaydoo is a Mexican B2B fintech company that provides financial automation solutions for accounts payable, accounts receivable, procurement, and cash flow management. Founded in 2017 by Sergio Almaguer, Guillermo Treviño, and Roberto Flores, the company is headquartered in Mexico City. Yaydoo operates through a SaaS subscription model and offers three core products: VendorPlace for procurement and vendor management, P-Card for corporate card and spend management, and PorCobrar for collections and accounts receivable automation. The platform integrates with major ERP systems including Oracle NetSuite, Sage Intacct, Xero, and CONTPAQi, targeting small and medium-sized enterprises as well as large corporations across Latin America. Yaydoo raised a $20.4 million Series A funding round in August 2021, led by Base10 Partners and Monashees, with participation from SoftBank Latin America Fund and Leap Global Partners, bringing total funding to approximately $21.5 million. The company reported serving over 800 direct customers by 2021, with more than 50,000 businesses transacting on its network. In May 2022, Yaydoo was acquired by U.S.-based Paystand, a blockchain-enabled B2B payments company, in what was described as one of the largest technology mergers in Latin America. The combined entity processes over $5 billion in payments annually and connects more than 500,000 businesses across the Americas. Following the acquisition, Yaydoo also acquired Mexican payments platform Oyster Financial in October 2022, further consolidating its position in the Latin American B2B payments market. Yaydoo continues to operate as part of the Paystand ecosystem, maintaining its focus on automating financial workflows and improving working capital efficiency for businesses throughout Mexico and Latin America.