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Miguel Fuentes Buchholtz

๐Ÿ‘ค Speaker
133 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

We have one customer, one big customer that is La Reinvial.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

Usually our customers are brokerage houses or stock exchanges or banks.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

We have about six customers here in Chile.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

And basically what we do is we provide them with a SaaS interface

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

that has a visual programming so they can create all the compliant rules for, let's say, anti-fraud, let's say, anti-money laundering, and a lot more rules that usually the regulators ask these financial institutions.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

Yeah, on average, it's $1,000.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

And on top of that, we provide professional services.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

Like if a customer doesn't know how to create those rules, we can provide people to do that.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

About 10 K per month.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

Um, to, to reach a equilibrium, um,

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

I will say we need to sell about two or three more clients.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

And with that, the company is set.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

Right now, we have all the years set.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

So I will say we are fine for the year.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

And I think the company is going to be ready to kind of reach equilibrium probably by the end of this year.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

I, um, sorry, just, uh, I'm a developer, so I, I am not a business person.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

I mean, all the costs are going to be, um, uh, are going to be, uh, you're, you're talking breakeven.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

Uh, breakeven.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

Yes.

SaaS Interviews with CEOs, Startups, Founders
Ceptinel FinTech Founder Spent $700k, Now Has $6k in MRR, Whats Next?

Yeah, but that's a tricky question.