What Nice does

NICE Holdings Co., Ltd. (KOSPI: 034310) is a South Korea-based holding company that operates as the country's only integrated financial infrastructure group, founded in 1986 (with predecessor credit evaluation activity dating to 1985). The group runs four business segments: (1) Rating & Data — personal and corporate credit evaluation with 100% market share across Korean financial institutions and credit bureau operations covering 49.6 million individuals and 11.89 million domestic companies, plus global business information via the NICE D&B partnership covering 600 million companies in 200+ countries; (2) Payment & Business Support — VAN (Value Added Network) services for credit payment processing, holding 43% of the Korean VAN market and processing approximately 421 trillion KRW in annual credit payment volume across 1.17 million affiliated stores, complemented by POS/retail solutions (OKPOS) and cash payment infrastructure; (3) Financial Services — investment management, P2P-based sales network financing, asset management, debt collection, and accounts receivable factoring through NICE Answer; and (4) Manufacturing & Consumer Goods — battery protection circuits via ITM Semiconductor (global #1 in POC/PMP), eco-friendly AL alloy materials, power supplies, and beauty devices.

The group's technology stack centers on proprietary credit scoring algorithms, payment processing infrastructure with dual-redundant IDC operations, and a large-scale data platform. Revenue is generated through four mechanisms: transaction-based fees on payment processing volume, recurring subscriptions from financial institution clients, data and information product sales, and hardware sales (POS terminals, battery protection circuits, alloy materials). The GTM motion is primarily B2B enterprise direct sales into financial institutions and a multi-channel distribution network leveraging 20+ subsidiaries to reach distinct customer segments including Korean financial institutions, retail merchants, individual consumers, and manufacturing/consumer goods customers. The company maintains dual headquarters offices in Yeouido and Mapo (Seoul) and operates an in-house data center (NICE IDC) in Gangdong-gu.

Name

Nice

Legal name

주식회사 NICE홀딩스 (NICE Holdings Co., Ltd.)

Website

https://nice.co.kr

Company type

Public

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

NICE Holdings is a South Korean KOSPI-listed financial infrastructure holding company providing credit evaluation (100% financial institution market share), VAN payment processing (43% market share, 421 trillion KRW annual volume), financial services, and a smaller manufacturing arm through 20+ subsidiaries.

Ownership category

akta.pro rank

Product category

Financial Infrastructure Services

NAICS

Credit Bureaus (561450), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Finance Services (6199), Personal Credit Institutions (6141), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

B2B BNPL (Invoice Split/Net Terms for SMB Procurement) (FSAKACAJ)

Keywords

• Credit evaluation services
• Payment processing infrastructure
• VAN services
• Credit rating agency
• Financial information services

Headquarters

HQ city

Youidodong

HQ country

South Korea

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. 결제 인프라/VAN 서비스: 신용결제 처리 및 VAN(Value Added Network) 서비스를 통한 거래 수수료. 연간 421조 원 규모의 결제 처리
2. 신용평가 서비스: 기업 및 개인 신용평가, 채권/증권 평가等服务への 정기的な収益. 국내 모든 금융기관(100%)에 서비스 제공
3. 데이터 및 정보 서비스: 신용정보, 기업정보, 상권정보 등 데이터 제품 판매 및 마이데이터 서비스
4. 금융 서비스: P2P 매출망 금융, 기업간 정산 생태계, 채권관리, 렌탈/부실채권 투자 등 금융 서비스 수수료
5. 제조/기술 인프라: ITM 반도체(보호회로), NICE LMS(알루미늄 합금), 서울전자통신(전원부품, POS), 닥터스텍(미용기기)等产品 판매

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels4 records

Core offering

NICE Holdings is Korea's only financial infrastructure group that performs both personal and corporate credit evaluation, providing credit scores and creditworthiness assessments to all Korean financial institutions. The group also operates VAN (Value Added Network) payment processing services, processing 421 trillion KRW in annual credit payment volume across 1.17 million affiliated stores, and provides financial services including investment management, P2P financing, and asset management.

Product overview

NICE Holdings is Korea's only financial infrastructure group, operating four integrated business segments: Rating and Data (credit evaluation and business information), Payment and Business Support (VAN services and payment infrastructure), Financial Services (investment, P2P financing, asset management), and Manufacturing and Consumer Goods (semiconductors, materials, beauty devices). The group provides comprehensive credit scoring for 49.6 million individuals and maintains data on 11.89 million domestic and 600 million global companies, processing payments across 1.17 million affiliated stores with 421 trillion won in annual payment volume.

Differentiator

Problem solved

Functional benefit

Brands

• NICE 평가정보 (NICE Evaluation Information): Personal and corporate credit rating services, including N-Score distribution through various channels
• NICE 신용평가 (NICE Credit Rating)
• NICE 정보통신 (NICE Information & Communication)
• NICE D&B
• NICE 피앤아이 (NICE P&I)
• NICE Answer (NICE엔써)
• 화해 (Hwahae)
• OKPOS
• NICE IDC
• NICE 스코어 (NICE Score)
• NICE 지키미 마이데이터
• NICE 비즈니스플랫폼 (Niceabc)
• NICE LMS
• ITM 반도체 (ITM Semiconductor)
• 닥터스텍 (Dr. Tech)

Products and services

• NICE Evaluation Information (NICE평가정보)
• NICE Credit Rating (NICE신용평가)
• NICE Information & Communications (NICE정보통신) - VAN Services
• NICE D&B - Global Business Information Global business information services providing credit data on 500 million companies across 200+ countries, leveraging the D&B partnership. Enables Korean enterprises to assess global counterparty risk.
• NICE P&I (NICE피앤아이) - Asset Valuation Asset valuation services including bond market valuation, derivative-linked securities fair value assessment, and token securities evaluation.
• NICE Business Platform (NICE비즈니스플랫폼) Business-centric financial platform providing P2P sales network financing, supply chain-based P2P financial services, and accounts receivable securitization for SMEs.
• NICE Investment Partners (NICE투자파트너스) Investment services identifying promising entrepreneurs, forming and operating PEFs (Private Equity Funds), and managing proprietary asset investments.
• NICE Credit Information (NICE신용정보) - Asset Management Asset management services including debt collection, communication/rental/financial debt collection, customer center operations, and PL/NPL asset management.
• NICE A&I (NICE에이앤아이) Investment and securitization services for rental receivables and distressed assets including unsecured NPL, secured NPL, and rehabilitation company investments.
• OKPOS - Store Management Solutions Store management solutions including order processing, settlement, and customer management systems for retail operations targeting SMB retailers.
• NICE CMS (NICE씨엠에스) - Unmanned Store Solutions Unmanned store solutions including KIOSK systems, unmanned parking management, and surveillance monitoring services.
• NICE Infrastructure (NICE인프라) - Cash Payment Solutions Cash payment solutions including CD VAN and ATM services for retail and financial institutions.
• ITM Semiconductor (아이티엠반도체) Battery protection circuit manufacturer (POC/PMP) achieving global number one market position, serving smartphones, wearables, and EV battery applications.
• NICE LMS (NICE엘엠에스) - Eco-friendly AL Alloy Global eco-friendly aluminum alloy material specialist providing structural materials for vehicles and EV battery module/pack components.
• Seoul Electronics & Communications (서울전자통신) Power supply components, POS terminals, wireless/wired payment terminals, and EMS services for LED lighting and beauty devices.
• DoctorSTech (닥터스텍) - Beauty Devices Beauty device company with world-exclusive 3D vibrator patent, producing skincare solutions including up6, ups, time machine, and ray products.
• Hwahae (화해) - Cosmetics Information Cosmetics information and comparison service with over 5.5 million industry-leading review data and 180,000+ cosmetics product information.
• NICE GiniData (NICE지니데이터) - Commercial Big Data Commercial big data services providing commercial district analysis with source data for 500+ industries and information on 3.2 million commercial properties nationwide.
• NICE Answer (NICE앰서) - Accounts Receivable Factoring
• NICE Score (NICE스코어) Personal credit score distribution and provisioning service available through internet banks, fintech companies, and telecommunications channels.
• NICE MyData (NICE지키미 마이데이터) MyData service aggregating personal financial information from financial institutions, providing individuals with a consolidated view of their financial data.
• NICE IDC Data Center Data center services with 24/7 operations and dual-redundant systems, providing infrastructure hosting to NICE Group subsidiaries.
• KIS Information & Communications (KIS정보통신) - VAN Services VAN services for payment processing, maintaining 43% market share in the Korean VAN market.

Quantifiable outcome

• 국내 금융기관 100% 시장 점유율
• +4 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Two partnerships are on record, tiered regulatory and strategic.

• 중앙은행 of Vietnam (베트남 중앙은행)regulatoryOthers베트남 중앙은행이 NICE Credit Information의 민간 신용정보 서비스 사업 운영 인허가 승인 (2026년 5월). 약 10개월 심사 기간 소요. 동남아시아 시장 진출 전략의 핵심
• CIC (베트남 공공신용정보 집중기관)strategicStrategic or Co-development Partner베트남 CIC의 CB 스코어 개발 및 현지 정보 활용한 Telco 스코어와 마케팅 스코어 개발 협력

Scale indicators11 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Toss (Viva Republica): Korean fintech super-app combining payments, banking, investing, insurance, and credit services. Competes with NICE's payment infrastructure while building proprietary credit scoring and consumer lending capabilities that bypass traditional credit bureau inputs.
• TransUnion: Global credit bureau operating in multiple markets providing credit information, fraud prevention, and analytics. Directly comparable to NICE in business model, customer base (financial institutions and enterprises), and revenue mix between B2B subscriptions and B2B2C data services.
• KakaoPay: Korean mobile payment platform serving both consumers and merchants, with growing credit, lending, and investment services. Competes directly with NICE in payment processing and is rapidly building alternative credit scoring and embedded financial services on top of its consumer data.
• Experian: Global credit bureau leader operating across 30+ countries providing consumer and business credit reporting, scoring, and analytics. Closest international analog to NICE's credit evaluation and business information business, including a global data network similar to NICE D&B.
• Equifax: Global credit bureau and consumer credit reporting agency providing credit information, scoring, and risk management services. Operates a similar business model to NICE across multiple geographies and serves comparable financial institution and enterprise customers.
• Korea Credit Bureau: Korea's other major credit bureau, jointly established by Korean financial institutions as a direct competitor to NICE's credit evaluation business. Closest domestic competitor in core personal and corporate credit information services and consumer credit scoring.

Emerging players

• C2FO: B2B working capital and early payment platform connecting businesses with funding partners. Comparable to NICE Answer's receivables factoring platform and relevant peer for NICE's expansion into SMB financing and supply chain finance use cases.
• CreditInfo: Smaller global credit information provider operating across multiple emerging and developed markets with comparable credit bureau business model. Useful comparable for NICE's Vietnam and broader Southeast Asia expansion strategy given CreditInfo's emerging-market focus.

Broad incumbents

• Fiserv: Global financial services technology provider offering merchant acquiring, payment processing, and financial institution software. Comparable to NICE's payment infrastructure and merchant services franchise at significantly larger scale and broader geographic reach.
• FIS (Fidelity National Information Services): Major financial services technology provider offering payment processing, banking software, and capital markets solutions globally. Broad incumbent with overlapping capabilities to NICE's VAN and payment services but at much larger scale and with broader product portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries29 records

Funding overview

Funding rounds2 records

Investors2 records

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

M&A2 records

Investments5 records

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

Frequently asked questions about Nice