Nilus
Nilus is an AI-powered financial technology platform dedicated to simplifying cash management and reducing living costs for low-income individuals. The company serves two main markets with tailored solutions. In its primary business, Nilus offers a cash management and accounting automation platform for finance teams. This platform consolidates cash data from various sources, including banks and payment systems, and utilizes AI to provide actionable insights. Key features include real-time cash visibility, automated cash application, cash flow forecasting, accounting automation, and streamlined bank reconciliation. Users report significant efficiency gains, saving over 200 hours monthly and reducing Days Sales Outstanding by five days. Nilus also focuses on food security through a digital retail platform in Latin America, particularly in Buenos Aires and Mexico City. This platform supports women-led micro and small retailers by providing trade credit solutions and facilitating grocery orders directly from producers. It aims to lower food costs for low-income families while promoting financial literacy among small businesses. The company values simplicity, trust, and transparency in its operations.