BioCredit
- Company typePrivate
- Founded2021
- HeadquartersBogotá, Colombia
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
BioCredit firmographics
Firmographics- Name
- BioCredit
- Legal name
- BioCredit Colombia S.A.S.
- Website
- https://bio.credit
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
BioCredit industry classification
Industry- Product category
- Credit Infrastructure Software
- NAICS
- Activities Related to Credit Intermediation (5223)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Underwriting Automation & Income/Employment Verification (FSAGAHAD)
- akta.pro secondary industries
- Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking) (FSAGAHAC), Income, Employment & Cash-Flow Verification (Consumer) (FSAKAKAE)
Keywords
Where BioCredit is headquartered
LocationHeadquarters
- HQ city
- Bogotá
- HQ country
- Colombia
- HQ region
- Latin America
Offices1 record
Markets served
BioCredit business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- White-label Platform Licensing/SaaS: BioCredit operates as a B2B SaaS infrastructure provider, licensing their white-label credit platform to financial institutions. The platform is modular, allowing clients to take the full credit lifecycle or specific modules they lack. Revenue is generated through platform licensing fees, likely subscription or usage-based pricing for their white-label credit infrastructure services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Quote-based pricing through consultation |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
BioCredit product offering
Product offeringCore offering
BioCredit provides a white-label credit infrastructure platform for originating, approving, disbursing, and managing loans. Clients can use the full digital credit lifecycle or selected modules, while S.O.F.I.A. supplies identity verification, biometric checks, risk evaluation, two-factor authentication, and legally valid electronic signatures.
Product overview
BioCredit is a white-label credit infrastructure platform (Plataforma de originación y cartera en marca blanca) offering a modular architecture where clients can take the complete lending process or individual modules as needed. The core platform provides six modular components: digital application forms, identity validation (via proprietary S.O.F.I.A. AI platform), credit risk decisioning engine, electronic signature with dematerialized promissory notes, automated disbursement, and portfolio management with collections and reporting. S.O.F.I.A. is BioCredit's proprietary AI layer for identity verification, biometric validation, risk evaluation, and electronic signing. The platform supports specialized vertical products including Libranza (payroll deduction loans), Digital Credit Cards, Insurance Premium Financing, Education Loans, and Point-of-Sale Financing. BioCredit operates as infrastructure behind clients' brands, with pre-certified integrations to Colombian banks, payment gateways, credit bureaus, and promissory note operators.
Differentiator
Problem solved
Functional benefit
Products and services
- BioCredit Platform White-label credit origination and portfolio-management software for financial institutions and businesses. It supports digital applications, identity validation, risk decisioning, electronic signatures, automated disbursement, collections, delinquency management, and reporting, either as a complete lifecycle or as selected modules.
- S.O.F.I.A. Standalone or embedded AI software for identity validation and electronic signing. It provides biometric facial scanning, identity-document reading, two-factor authentication, proprietary credit-risk evaluation, credit-bureau queries, and legally valid electronic signatures from mobile devices.
- Libranza Payroll-deduction loan origination product with employer payroll validation, quota control, automatic salary deduction, and an analyst portal. It is offered to cooperatives, employee funds, and financing companies.
- Tarjeta de crédito digital Digital credit card product with biometric verification, restrictive-list screening, and bank-core integration. It is designed for banks and financial cooperatives.
- Financiación de pólizas Insurance-premium financing product with portfolio administration, including collection, delinquency management, and reconciliation. It is offered to insurers, insurance intermediaries, and dealers.
- Crédito educativo Education-financing product that funds tuition, disburses directly to educational institutions, and sends automatic student notifications. It is offered to universities, institutes, and schools.
- Financiación en punto de venta Point-of-sale financing product that provides credit at a physical store or e-commerce checkout, allowing the customer to receive the purchase and pay in installments. It is offered to retailers, e-commerce businesses, and marketplaces.
Quantifiable outcome
- Elimination of months of certification work through pre-built integrations with Colombian financial ecosystem
Companies that use BioCredit
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles6 records
BioCredit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
AI capability5 records
Feature3 records
BioCredit partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and supporting.
- BancolombiacorePre-built integration for disbursement and collection services. BioCredit has completed certification and testing with Bancolombia, enabling clients to connect without months of integration work.
- Banco de BogotácorePre-built integration for disbursement and collection services through Colombia's second largest bank.
- TransUnion (Credit Bureau)corePre-built integration for credit risk queries and compliance checks through TransUnion credit bureau.
- DataCrédito (Credit Bureau)corePre-built integration for credit risk queries through DataCrédito, Colombia's major credit bureau.
- DECEVAL (Promissory Note Operator)corePre-built integration for dematerialized promissory note processing through DECEVAL, authorized promissory note operator in Colombia.
- Olimpia (Promissory Note Operator)corePre-built integration for dematerialized promissory note processing through Olimpia, authorized promissory note operator.
- Wompi (Payment Gateway)supportingPre-built integration for payment processing through Wompi, Colombian payment gateway.
- PayU (Payment Gateway)supportingPre-built integration for payment processing through PayU, Latin American payment platform.
- Mercado Pago (Payment Gateway)supportingPre-built integration for payment processing through Mercado Pago, Latin American payment platform.
- Efecty (Cash Collection)supportingPre-built integration for cash collection through Efecty, Colombian cash payment network.
- Davivienda (Cash Collection)supportingPre-built integration for cash collection through Davivienda bank network.
- Partner Banks (Capital Providers)corePartner banks provide capital and assume credit risk while BioCredit's clients handle sales, customer relationships, and platform administration. This capital-light model enables businesses without their own capital to offer credit products. The model can be combined with the client's own capital deployment.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
BioCredit competitors and assessment
Company assessmentDirect peers
- Addi: Addi is a Colombian BNPL and consumer-credit provider with proprietary risk and merchant-facing credit infrastructure, operating in the same Colombian market as BioCredit and serving similar retailer/merchant POS use cases.
- Novopayment: Novopayment provides banking-as-a-service and credit/payments infrastructure across Latin America, including card issuance, lending, and disbursement — overlapping materially with BioCredit's white-label credit and disbursement modules.
- Pomelo: Pomelo is a LatAm fintech-as-a-service platform enabling companies to launch credit cards, accounts, and lending products via APIs — directly comparable to BioCredit's white-label, API-first credit infrastructure model.
- Kueski: Kueski is a Mexican BNPL and consumer-credit platform using proprietary underwriting and risk decisioning — comparable to BioCredit in the alternative-credit and digital-decisioning layer of the stack.
- R2: R2 provides embedded credit and banking infrastructure for Latin American businesses, offering white-label lending-as-a-service that competes directly with BioCredit's end-to-end credit lifecycle stack for fintechs and non-bank lenders across the region.
- Tribal: Tribal offers embedded credit infrastructure for SMBs in Latin America with API-based underwriting and financing — a closely comparable B2B credit-rail play targeting similar non-bank and fintech customers.
Others
- Minka: Minka provides real-time payments and account-to-account transfer infrastructure across Latin America, addressing adjacent rails (disbursement and collection) that complement BioCredit's bank-integration layer.
- Belvo: Belvo is a LatAm open-banking and financial-data API platform whose account-aggregation and income/identity data layer is enabling infrastructure that complements — and partially overlaps with — BioCredit's S.O.F.I.A. identity and risk stack.
Emerging players
- Klar: Klar is a Mexican digital bank with proprietary credit underwriting capabilities; while primarily consumer-facing, its in-house credit and risk models represent an emerging comparable for digital credit decisioning in the region.
Broad incumbents
- Konfío: Konfío is a large Mexican SMB lending and financial-services platform with proprietary credit infrastructure; broader in scope than BioCredit but overlapping as a regional credit-infrastructure and SMB-financing reference point.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
BioCredit social profiles
Digital presenceBioCredit compliance and trust
Trust signalCompliance2 records
BioCredit financial estimates
Financial estimateRevenue estimate
Valuation estimate
BioCredit leadership team
Management profileNumber of profiles
BioCredit funding detail
Funding detailFunding overview
Funding rounds5 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BioCredit M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BioCredit
What does BioCredit do?
BioCredit provides a white-label credit infrastructure platform for originating, approving, disbursing, and managing loans. Clients can use the full digital credit lifecycle or selected modules, while S.O.F.I.A. supplies identity verification, biometric checks, risk evaluation, two-factor authentication, and legally valid electronic signatures.
Is BioCredit a public or private company?
BioCredit is a private company. It is classified as venture growth investor backed and is currently operating.
When was BioCredit founded?
BioCredit was founded in 2021. It employs 1 to 10 people.
Where is BioCredit based?
BioCredit is headquartered in Bogotá, Colombia, in the Latin America region.
How does BioCredit make money?
One revenue line is on record: white-label Platform Licensing/SaaS.
Who are BioCredit's main competitors?
Direct peers on record are Addi, Novopayment, Pomelo, Kueski, R2 and Tribal. Others are Minka and Belvo. Klar is listed as an emerging player. Konfío is listed as a broad incumbent.
Does BioCredit have an API?
Yes. BioCredit connects via API with existing systems, allowing integration with banking cores and current platforms. The platform is described as connecting businesses with AI services through S.O.F.I.A. for client identity validation and signing. No public developer portal, documentation URL, or SDK details specified in the source material.
What industry is BioCredit in?
BioCredit's product category is Credit Infrastructure Software. Its primary akta.pro industry code is FSAGAHAD, Underwriting Automation & Income/Employment Verification, with a secondary code of FSAGAHAC, Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking). Its NAICS code is 5223 and its SIC code is 7372.