You are Matías Echeñique-Vial, VP of Strategy at Trazo, a Santiago accounting-software platform for small businesses. The board wants Trazo's next act. A larger regional rival is circling. You have one envelopment move to recommend.
The situation
Trazo sells cloud accounting and invoicing software to 220,000 small businesses across Chile. The core product is healthy — high retention, steady margins — but accounting software is a maturing market, and the board has asked for a growth move. A larger regional platform, well-funded and already in three countries, has begun signing Chilean SMBs. If Trazo is going to extend, the window is now.
Every adjacency is on the table: business lending, payment collection, payroll, inventory, business banking, tax and e-invoicing compliance. The CEO has already named his favourite — lending — because it is, by far, the biggest pool of revenue. Your job is to bring the board a recommendation, and to be clear about why it is the right one.