What Dapp does

Dapp is a Mexico-based payment network founded in 2017 that connects merchants with multiple digital payment methods to extend financial services to users historically underserved by traditional banking infrastructure. The platform operates a two-sided merchant network that supports cash deposits (Cash In), cash withdrawals (Cash Out), QR-based payments via integration with CoDi (Mexico's central bank instant payment rail operated by BANXICO), push notifications, payment links, and digital-wallet interoperability. It serves enterprise merchants — including Banco Azteca, Soriana, Circle K, Falabella, Office Max, Hidrosina, and Party City — alongside SMB merchants via plug-and-play POS hardware, and extends into e-commerce through Dappay, its cash-on-delivery payment solution.

Name

Dapp

Website

https://dapp.mx

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Dapp is a Mexico-based payment network connecting merchants with digital payment methods and a cash-in/cash-out service to extend financial access to underbanked consumers. It serves enterprise retailers and SMBs via APIs, POS terminals, and e-commerce plugins.

Ownership category

akta.pro rank

Product category

Digital Payment Network

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

POS Payment Software & Middleware (Terminal OS, Apps, Device Management) (FSAMADAC)

Keywords

• Payment network services
• Digital payment processing
• Merchant payment integration
• Cash payment solutions
• POS terminal systems

Headquarters

HQ city

Querétaro

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Payment Processing Network: Dapp operates as a payment network connecting merchants with various payment methods, processing digital payments and enabling cash-in/cash-out transactions through their merchant network.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Dapp operates a payment network that connects merchants with multiple payment methods, enabling cash-in/cash-out services and access to digital wallets via QR codes, push notifications, and payment links. It offers Dappay (e-commerce cash payments), instore services (Mobile Payments, Cash In, Cash Out, CoDi acceptance), and hardware solutions (Smart Terminal and Digital Terminal POS systems), all powered by an inhouse modular-microservices technology platform.

Product overview

Dapp® is a unified payment network that connects merchants with multiple payment methods, enabling users to access financial services including cash payments, deposits, and withdrawals. The platform offers a modular portfolio centered around Dappay (for e-commerce cash payments), instore services (Mobile Payments, Cash In, Cash Out, CoDi®), and hardware solutions (Smart Terminal, Digital Terminal). All products are powered by dapp's proprietary 100% inhouse modular-microservices technology with seamless plug-and-play integration capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Dappay Dappay is a cash payment solution that enables e-commerce merchants to accept cash payments through Dapp's merchant network, allowing online customers to pay in cash at participating retail locations.
• Mobile Payments Mobile Payments enables merchants to accept a wide array of digital payment methods including QR codes, push notifications, and payment links to connect with digital wallets.
• Cash In Cash In allows users to make cash deposits or deposits through Dapp's merchant network, converting cash into digital funds.
• Cash Out Cash Out enables users to withdraw cash from the digital payment ecosystem through Dapp's merchant network, converting digital funds back to cash.
• CoDi CoDi enables merchants to accept QR-based instant payments via Mexico's national instant payment system operated by Banco de México, connecting merchants to digital wallets.
• Smart Terminal Smart Terminal is a plug-and-play POS terminal solution for merchants to accept various digital payment methods, integrating seamlessly with the Dapp network.
• Digital Terminal Digital Terminal is a digital POS solution for merchants to process electronic payments through the Dapp payment network.

Named customers10 records

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

One partnership is on record.

• CoDi (Cobro Digital)coreTechnology or IntegrationCoDi is Mexico's interbank electronic payment system developed by BANXICO. Dapp integrates with CoDi to enable QR-based payments and transfers through their merchant network.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• dLocal: LATAM-focused payment processor enabling cross-border merchant acquiring across emerging markets including Mexico. Comparable in geographic focus but operates at materially larger scale.
• Mercado Pago: Dominant LATAM digital wallet and payment processor with massive merchant network in Mexico. Competes broadly with Dapp across mobile payments, QR, and merchant cash-in/out services.
• Block (Square): Global POS hardware and payments platform (Square) plus Cash App. Direct comparison to Dapp's Smart Terminal / Digital Terminal proposition, with significantly more capital and product breadth.
• Stripe: Global payment infrastructure platform serving online and in-person merchants with APIs and Terminal hardware. Comparable in API-first GTM and modular architecture to Dapp, but at global scale.
• PayU: Global payment processor with deep LATAM presence, offering gateway, POS, and processing services. Overlaps with Dapp's merchant acquiring and API integration business in Mexico.

Direct peers

• Kushki: LATAM payment processor operating across Mexico, Colombia, Ecuador, Peru, Chile, and Brazil with API, POS, and digital payment acceptance. Comparable business model and regional focus to Dapp.
• Clip: Mexican POS payment processor offering card-acceptance terminals and mobile payment tools to SMBs and enterprises. Directly competes with Dapp in physical-store payment acceptance in Mexico.
• Sr. Pago: Mexican payment processor offering POS terminals and digital payment services to SMBs. Targets the same physical-merchant segment in Mexico as Dapp's Smart/Digital Terminal products.
• Conekta: Mexican online and in-person payment gateway providing API-based integration, plugins, and POS solutions. Overlaps with Dapp across API integration, e-commerce plugins, and physical retail.
• ComproPago: Mexican cash-payment network enabling e-commerce merchants to accept cash payments at convenience stores. Directly competes with Dapp's Dappay product in the cash-on-online checkout category.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/dappMX
• LinkedInlinkedin.com/company/dappmx
• Xx.com/dappMX

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds5 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dapp