Our mission is to help small and
mid-sized companies prevent late payments from their business customers, increase predictability of collections and foster fair payment practices
Our story
Oteero is a lean team of banking and fintech professionals, founded in 2022 by Arkady Volovich who previously worked for PepsiCo and HSBC
We find joy in solving real-life challenges faced by small businesses, even when that involves not so fancy things, like invoices, accounts receivable and collections.
We are supported by the Founder Institute, the world's largest pre-seed accelerator, and "Invest in Spain", an executive division of a state-owned agency "ICEX Spain Exportation and Investment"
Our team
"During my time in the Treasury department of a large multinational corporation, I was surprised to find that sometimes 60 days was not sufficient to approve and settle a supplier's invoice.
Later on, when working as a finance director at a mid-sized company I had a frustrating first-hand experience of chasing payments from our corporate customers. So I asked myself - does that always have to be like that?"
Arkady - CEO, Finance and Treasury expert
"The increasing use of electronic documents and higher levels of integration between business applications are making it possible to overcome the old complexities of B2B settlements. We are working to equip small businesses with modern, cloud-based tools that can make their operations a little easier and help them grow."
Andrew - Senior software engineer
“Our product will use advanced technology to revolutionize and optimize financial interactions between suppliers and buyers”