SSimetrik provides a B2B SaaS no-code platform that automates the reconciliation of large volumes of financial data from multiple sources (e.g., banks, payment gateways, internal systems). The product lets finance teams drag and drop to build custom reconciliation rules, auto-generate accounting entries, and produce reports and audit trails. It centralizes and automates workflows to give real-time visibility into transactions, streamline accounting, and simplify month-end closing. Unlike traditional manual reconciliation, Simetrik scales with customers through tiered subscription pricing based on transaction volume, data sources, and features. The company aims to reduce operational costs, improve accuracy, and accelerate financial processes, while expanding its global reach (EMEA and APAC) through strategic funding and growth.
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Industries
Company Size
201-500
Company Stage
Series B
Total Funding
$116M
Headquarters
Bogotá, Colombia
Founded
2017
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Total Funding
$116M
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Simetrik vs. ReconArt: two approaches to financial reconciliation. September 22, 2026 Simetrik and ReconArt are both built to do the same core job: reconcile transaction and account data so finance teams can trust their numbers. Where they differ is how they do it and who they're built for. ReconArt is a long-established, template-driven platform used across a broad range of industries. Simetrik is the only, AI-native platform built specifically for the high-volume, high-complexity transaction environments common in fintechs, payment processors, and marketplaces. This guide compares what each platform does, who typically uses it, and how to think about the choice, without going deep into either vendor's internals beyond what's publicly documented. What does ReconArt do? ReconArt is an enterprise-class, fully web-based reconciliation platform first released around 2010-2011. It's built to automate the full reconciliation lifecycle: data integration, transactional matching, exception management, and auditable balance sheet reconciliation, plus supporting functions like journal approvals and variance analysis. ReconArt serves a broad customer base across banks, corporations, insurance companies, government agencies, and nonprofits. Its reconciliation scope covers bank accounts, credit cards, GL/suspense accounts, AR/AP, intercompany balances, and trades and positions, configured through admin-managed templates and rules. What does Simetrik do? Simetrik is an AI-native financial control platform organized around 8 connected domains, covering the full transaction lifecycle from cash in and cash out through accounting operations and regulatory reporting. It's built specifically for high-volume transactional environments: fintechs, payment processors, marketplaces, and neobanks operating across multiple countries, currencies, and data sources. Where ReconArt's configuration model centers on admin-managed templates, Simetrik pairs a deterministic matching core with an AI layer, Simetrik Agent, that supports natural-language workflow configuration, letting business teams adjust rules without an engineering ticket for every change. Simetrik vs. ReconArt at a Glance. How to think about the choice. If your reconciliation needs span a broad, traditional set of use cases across a stable, moderate volume of transactions, and you value long-established, template-driven configuration, ReconArt's breadth across industries is worth evaluating. If you're operating at high transaction volume with complex, fast-changing data sources (multiple processors, currencies, countries, or a fast-growing fintech environment), Simetrik's AI-native configuration and its specialization in high-volume, high-complexity operations is built specifically for that profile. If you're comparing more than these two platforms, see its Simetrik alternatives guide, which also covers build-vs-buy, spreadsheets, and general AI tools. See Simetrik in action. If your reconciliation needs are outgrowing template-based configuration or manual setup, see how Simetrik handles high-volume, multi-source reconciliation with AI-assisted configuration. Frequently asked questions about Simetrik and ReconArt. Is ReconArt a direct competitor to Simetrik? Yes. Unlike some other names that come up in "Simetrik vs." searches, ReconArt is a genuine category peer, both are reconciliation and financial close platforms, and ReconArt appears on public competitor listings for Simetrik. What's the main difference between Simetrik and ReconArt? ReconArt is a longer-established, template-driven platform built for a broad range of industries and reconciliation types. Simetrik is an AI-native platform built specifically for high-volume, high-complexity transactional environments like fintechs and marketplaces. Does Simetrik use AI differently than ReconArt? Simetrik pairs a deterministic matching core with an AI layer for configuration, pattern detection, and natural-language workflow setup through Simetrik Agent. ReconArt's public materials describe a rule-based, template-driven configuration model; whether or how it incorporates AI-assisted configuration is worth confirming directly with ReconArt. Which platform is better for high-volume fintech reconciliation? Simetrik is purpose-built for high-volume, high-complexity transactional environments such as fintechs, payment processors, and marketplaces. ReconArt's customer base spans a broader industry mix, including banks, insurers, and government agencies, without that same specialization. Can I switch from ReconArt to Simetrik? Migrations between reconciliation platforms are a technical and operational undertaking specific to each company's data sources and rules. The right next step is a direct conversation with Simetrik's team about your current setup.
Simetrik launches Simetrik Agent: fully agentic financial control, with the deterministic certainty audit demands. August 3, 2026 An autonomous agent that runs end to end without human intervention, decides when to lean on its deterministic core for an exact, verifiable result, and when to bring a person in. All inside an open box that is auditable end to end. It is joined by MCP connectivity and a CLI for technical teams. San Francisco. Simetrik, the AI-powered financial operations control platform, introduces Simetrik Agent: an autonomous agent that executes financial control work end to end, in natural language and with no need for human intervention. It interprets the request, reviews the working environment, integrates the sources, identifies dependencies, and on its own configures, implements, reconciles, and analyzes exceptions. Agentic, with exact results when they matter. What sets Simetrik Agent apart from a generic agent is that it does not improvise where the business needs certainty. When a result must be exact, verifiable, and auditable, the agent turns to Simetrik's deterministic core: more than 110 specific financial-control functions. The agent knows when to reason probabilistically and when to lean on that deterministic core, which always returns the same verifiable result. That combination is where Simetrik's deep knowledge of the financial industry makes the difference: an agent that alternates probabilistic reasoning and its deterministic core according to what each task demands, with the governance guardrails needed to audit every step and prevent errors. This is how Simetrik becomes a natural part of the CFO tech stack. Autonomous and open box. It is not a black box, it is an open box. Unlike opaque AI, where no one knows for certain why it did what it did, with Simetrik Agent every decision is expressed in financial language any person understands, can supervise, and can change whenever they want. And the agent itself recognizes when a person's involvement is key and asks for it. Far from slowing it down, that collaboration makes it more powerful. One control, three ways to operate it. To extend that control beyond the platform, Simetrik adds two complementary paths. With Model Context Protocol (MCP), organizations connect the agents they already use, their own or built on models like Claude, Copilot, or Gemini, with Simetrik's financial knowledge and control capabilities, without rebuilding reconciliation logic from scratch. And a command-line interface (CLI) lets technical teams create and run reconciliations, configure sources, automate exports, and integrate controls with CI/CD pipelines. Whether through the agent, MCP, or the CLI, everything runs on the same Simetrik capabilities and under a single standard of permissions, traceability, and financial control. "The future of financial control is agentic and autonomous. The difference lies in building an agent that truly understands the financial world: one that knows when a result must be exact and auditable, when it is worth bringing a person in, and that keeps everything visible so the team stays in control. That is Simetrik Agent", says Santiago Gomez, Co-Founder and COO of Simetrik. About Simetrik. Simetrik is the AI-powered financial operations control platform. Its mission is to give finance teams the control to operate with speed, accuracy, and confidence in an increasingly complex environment. With an autonomous agent backed by a deterministic, auditable core, Simetrik automates complex reconciliations and end-to-end financial controls, and provides a single source of truth over which people retain full control. Today, more than 180 leading companies across 50+ countries trust Simetrik to process 2.5 billion daily records, cut losses, and accelerate growth.
Qive has a new finance director. Regiane Cadamuro comes from Simetrik and has stints at Ebanx and HSBC, where she built her career. July 31, 2026 - 14:06 Font size: -A+A Regiane Cadamuro (Photo: Press release) Qive, a platform focused on managing fiscal documents formerly known as Arquivei, has hired Regiane Cadamuro as finance director. With more than 35 years of market experience, the executive comes from Simetrik, a financial operations control platform where she worked for the last two years as director of professional services. Cadamuro also worked for five and a half years at Ebanx as senior manager of financial operations, in addition to serving as superintendent of planning and control at HSBC. The executive devoted more than 19 years to the Asian bank, in the positions of assistant to the technology directors of the insurance company, IT financial planning analyst, and technology financial planning manager. At Qive, the director takes over the accounting, treasury, and financial planning and analysis structure. "I believe a strong finance area goes far beyond numbers: it connects strategy, people, processes, and data to support the best business decisions. My commitment is to strengthen this integration, improve governance and efficiency of financial operations, and contribute so that Qive continues to grow sustainably, prepared to seize the opportunities that are to come," comments Cadamuro. The company also announced the promotion of Erika Daguani to Chief Human Resources Officer (CHRO), after just over a year as Chief Product Officer (CPO). According to the company, the moves aim to sustain its upward trajectory, which grows revenue by 35% year after year. Founded in 2014 in São Carlos, in the interior of São Paulo, Qive works on centralizing, organizing, and automating fiscal documents. In 2024, it moved into the financial area with a product for accounts payable and receivable solutions. The company processes about R$ 3 trillion in electronic invoices annually and has already managed more than 3.8 billion fiscal documents in the last 10 years. There are more than 300 employees and more than 170,000 customers in Brazil, including Faber-Castell, Bayer, Casas Bahia, and Kraft Heinz. Reporter at Baguete Diário
Simetrik, a Colombian fintech, raised $30 million in a Series B extension led by Goldman Sachs, following a $55 million Series B in 2024, totaling $85 million. The funds will support expansion into Brazil and the U.S., talent acquisition, and platform development. Simetrik's platform automates reconciliation and accounting using no-code workflows and AI. Active in over 40 countries, it serves clients like Nubank and Ebanx, with Brazil as a key future market.
Simetrik, an AI reconciliation platform, announced an additional $30 million investment led by Growth Equity at Goldman Sachs Alternatives, bringing its Series B to $85 million. This funding will accelerate Simetrik's expansion in the U.S. and other regulated markets. The platform automates reconciliation workflows, helping finance teams manage transaction complexity and stay audit-ready. Simetrik's customers include Santander Group, Sephora, and Nubank.
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Industries
Company Size
201-500
Company Stage
Series B
Total Funding
$116M
Headquarters
Bogotá, Colombia
Founded
2017
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs