ONVO
ONVO is a Costa Rica-headquartered payment orchestration platform that processes omnichannel digital payments (cards, SINPE, POS, mobile, events) for 1,500+ businesses across Costa Rica, Guatemala, and Peru via API, plugins, and no-code tools.
- Company typePrivate
- Founded2021
- HeadquartersSan José, Costa Rica
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What ONVO does
ONVO (legal entity: ONVO Costa Rica Sociedad Anónima) is a payment orchestration platform founded in 2021 and headquartered in San José, Costa Rica, operating across Costa Rica, Guatemala, and Peru. The company provides omnichannel payment infrastructure covering card payments, local methods (SINPE, SINPE Móvil, Credix), mobile POS via ONVO Zapp (OCR card scanning on Android), physical terminals (ONVO Terminal), checkout (ONVO Checkout), payment links (ONVO Link), recurring billing (ONVO Loop), marketplace sub-merchant settlements, e-commerce storefronts (ONVO Shops), and event ticketing (ONVO Tix). The platform is built on serverless AWS infrastructure and integrates with Cybersource (a Visa subsidiary) for processing and Bayonet for fraud, with PCI DSS Level 1 certification and SUGEF registration for AML/CFT compliance in Costa Rica.
The core product is ONVO Pay, an AI-native orchestration layer that connects processors, ERPs, CRMs, electronic invoicing, and legacy booking systems through RESTful APIs (JSON), TypeScript SDKs, webhooks, and ready-made plugins for WooCommerce, Magento, and Odoo. ONVO Analytics provides real-time transaction intelligence, and ONVO AI offers a conversational assistant for creating payment links, querying transaction status, and explaining monthly reports. The company claims over $150M processed regionally, 1,500+ active businesses, and 99.9% uptime.
ONVO employs a hybrid product-led growth and direct sales motion. SMBs and startups self-serve via no-code links, low-code plugins, and a free signup flow achieving activation in 24–48 hours; enterprises and high-volume merchants engage via custom commercial agreements and direct sales. Monetization is primarily transaction-based (3.9% + $0.35 in Costa Rica, 4.5% + $0.35 in Guatemala on cards; lower rates on local methods and POS), supplemented by monthly POS/terminal fees and multi-year custom enterprise contracts. The company is privately held, founder-led (CEO Diego Gomez), bootstrapped with no disclosed funding rounds, and supported by a partner ecosystem of 20+ technology, vertical-SaaS, and implementation alliances across LATAM.
ONVO firmographics
Firmographics- Name
- ONVO
- Legal name
- ONVO Costa Rica Sociedad Anónima
- Website
- https://onvopay.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ONVO is a Costa Rica-headquartered payment orchestration platform that processes omnichannel digital payments (cards, SINPE, POS, mobile, events) for 1,500+ businesses across Costa Rica, Guatemala, and Peru via API, plugins, and no-code tools.
- Ownership category
- akta.pro rank
ONVO industry classification
Industry- Product category
- Payment Processing
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Custom Computer Programming Services (541511)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
- akta.pro secondary industries
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), Recurring Billing & Subscription Payments Enablement (FSAMACAF), Recurring Billing, Subscriptions & Tokenized Payments (CRAFALAH)
Keywords
Where ONVO is headquartered
LocationHeadquarters
- HQ city
- San José
- HQ country
- Costa Rica
- HQ region
- Latin America
Offices1 record
Markets served
ONVO business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations, Supply Chain
Revenue model
- Payment Processing Fees: Transaction-based fees charged on successful card payments. Base rate varies by country: 3.9% + $0.35 for Costa Rica, 4.5% + $0.35 for Guatemala, custom pricing for Peru. Additional fees for local payment methods like SINPE (2.5%, min $0.50), SINPE Móvil (1.5%), and POS terminals (1.95% + monthly fee).
- Custom Commercial Agreements: Tailored pricing packages for high-volume merchants, large transaction values, and unique business models requiring custom rates and dedicated support.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Costa Rica Base Plan |
| Transaction based/ take rate | Pay-as-you-go | Guatemala Base Plan |
| Transaction based/ take rate | Pay-as-you-go | Peru Base Plan |
| Hybrid | Multi-year contract | Custom Commercial Package |
Go-to-market motion1 record
Distribution channels7 records
Marketing channels5 records
ONVO product offering
Product offeringCore offering
ONVO builds and operates a payment orchestration platform that lets merchants, marketplaces, and platforms accept over 100 payment methods through a single API, while managing fraud, compliance, and recurring billing. The product suite spans online checkout, payment links, recurring subscriptions, in-store POS terminals, mobile POS, e-commerce shops, event ticketing, and a conversational AI assistant for end users. The company sells this infrastructure primarily to businesses across Costa Rica, Guatemala, and Peru.
Product overview
ONVO is an AI-native payment orchestration platform from Costa Rica operating across Costa Rica, Guatemala, and Peru. The core product is ONVO Pay, which connects processors, ERPs, CRMs, invoicing systems, and legacy platforms through APIs, SDKs, and ready-made connectors. The platform includes ONVO Checkout as the primary payment gateway, ONVO Link for payment links, ONVO Loop for recurring payments, and ONVO POS, Terminal, and Zapp for physical payment acceptance. Additional modules include ONVO Shops (e-commerce), ONVO Tix (ticketing and events), ONVO Analytics (business intelligence), and ONVO AI (conversational financial assistant). The platform serves startups, enterprises, e-commerce businesses, PYMES, service businesses, and marketplace models with PCI DSS Level 1 certified infrastructure processing over $150M regionally.
Differentiator
Problem solved
Functional benefit
Brands
- ONVO Link: Payment links solution for teams needing quick payment flows without requiring a website
- ONVO Checkout
- ONVO Loops
- ONVO POS
- ONVO Terminal
- ONVO Zapp
- ONVO Marketplace
- ONVO Tix
Products and services
- ONVO Pay ONVO Pay is the core payment orchestration platform that unifies 100+ Latin American payment methods under a single API for merchants, marketplaces, platforms, and enterprises. It includes KYC/AML onboarding, fraud scoring, and direct merchant-facing tooling.
- ONVO Checkout ONVO Checkout is a pre-built, hosted payment page that lets merchants accept online payments without custom development, supporting all payment methods available on the ONVO platform.
- ONVO Link ONVO Link is a no-code payment link product that allows merchants and individuals to send a URL for one-off or ad-hoc payment collection without integrating an API or website.
- ONVO Loop ONVO Loop is a recurring billing and subscription management product that lets merchants automate subscription charges and retries through the ONVO payment infrastructure.
- ONVO POS ONVO POS is an in-store point-of-sale software application that enables merchants to accept card and local-method payments at the counter using ONVO's payment orchestration infrastructure.
- ONVO Terminal ONVO Terminal is a physical card terminal device provided to merchants for in-person card and contactless payment acceptance at the point of sale.
- ONVO Zapp ONVO Zapp is a mobile point-of-sale solution that turns a smartphone into a card acceptance device for merchants and service businesses that need to accept payments on the go.
- ONVO Shops ONVO Shops is an e-commerce storefront product that lets merchants quickly launch an online store and accept payments through the ONVO payment infrastructure.
- ONVO Tix ONVO Tix is an event ticketing product that lets organizers sell tickets online and collect payments through the ONVO platform's payment methods and fraud controls.
- Marketplace Module The ONVO Marketplace Module is a purpose-built product for online marketplaces and platforms that need to split and disburse payments across multiple sellers while handling KYC/AML onboarding within the same orchestration stack.
Quantifiable outcome
- Processes over $150M in the Latin American region
- +3 more outcomes
Companies that use ONVO
Customer profileNamed customers11 records
Segments6 records
Ideal customer profiles6 records
ONVO technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration13 records
AI capability8 records
Feature11 records
ONVO partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core and minor.
- WooCommercecoreOfficial ONVO plugin available for WordPress/WooCommerce websites enabling seamless payment acceptance with minimal configuration.
- MagentocoreOfficial ONVO extension for Magento e-commerce platforms providing payment processing capabilities.
- Amazon Web Services (AWS)coreCloud infrastructure provider powering ONVO's platform with serverless containerized architecture for elastic scalability and 99.9% uptime.
- CybersourcecoreVisa subsidiary providing payment processing infrastructure contributing to ONVO's 99.9% uptime achievement.
- Grupo BrahmaminorHospitality specialists digitizing operations from bars to hotels using ONVO payment infrastructure.
- AutocoreminorDigital solutions provider for automotive sector and mechanical workshops integrating agile payment collection.
- Social DeskminorCommunication and team collaboration platform integrated with ONVO for unified customer engagement.
- BeeminorCustomer loyalty and retention system automating purchase rewards and increasing recurrence.
- CISAminorInvoicing and collection platform connecting with major local banks through agreements.
- GTIminorElectronic invoicing platform integrated with ONVO's payment ecosystem.
- Cloud CampusminorEducational institution platform managing enrollment processes, invoicing, and administrative tasks.
- MercatminorRestaurant-focused web platform with self-service management for dispatch, payment methods, and POS integration.
- Siku MedminorAll-in-one medical platform centralizing scheduling, records, billing, and inventory management.
- AvifyminorSales and inventory management tool focused on omnichannel commerce unifying all sales channels.
- Irazu LabsminorWeb design and development partner specializing in transactional web experiences.
- Link DesignminorWeb design and digital consulting for brands seeking improved online sales.
- ZEWSminorWebsite implementation for hospitality and operations with high conversion focus.
- AurigitalminorDigital presence and web execution support for commercial projects.
- MokaminorTurnkey ODM (Original Design Manufacturer) partner for smart TV manufacturing using Whale OS 10.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
ONVO competitors and assessment
Company assessmentBroad incumbents
- Stripe: Global payment platform with expanding LATAM footprint. Competes with ONVO on developer experience, API quality, and orchestration breadth — different scale but same core product category and target customer.
- Adyen: Global enterprise-grade payment platform progressively expanding into LATAM. Competes with ONVO for enterprise merchants needing unified payment orchestration with global methods.
- Mercado Pago: LATAM payments giant affiliated with Mercado Libre, offering gateway, POS, payment links, and QR across the region. Broader portfolio with massive scale; overlaps with ONVO on POS and online payment acceptance.
- PayU: Global fintech with significant LATAM presence offering payment processing, acquiring, and alternative payment methods in Brazil, Mexico, Colombia, Argentina, and other markets. Larger incumbent operating across similar geographies and merchant segments.
Emerging players
- Clip: Mexico-focused mobile POS and payment acceptance provider overlapping with ONVO Zapp and ONVO Terminal product modules. Comparable hardware-light and SMB-focused approach to in-person payments.
Regional players
- PagSeguro/PagBank: Brazil-focused payment processor with strong presence in Portuguese-speaking LATAM markets. Comparable offering across acquiring, gateways, and POS; less direct overlap in Central America but adjacent competitive threat.
Direct peers
- Kushki: Ecuador-founded payment orchestration platform covering LATAM with local payment methods, payment links, and merchant acquiring services. Operates in similar geographies and offers a comparable API-first payment infrastructure stack to ONVO.
- dLocal: Uruguay-based cross-border payment processor focused exclusively on emerging markets including LATAM. Directly comparable to ONVO in serving merchants needing local payment methods and unified API across multiple LATAM countries.
- Conekta: Mexico-based online payment processor offering gateways, payment links, recurring billing, and local method support across LATAM. Comparable to ONVO's product mix and SMB/enterprise targeting.
- EBANX: Brazilian cross-border payment processor with deep LATAM coverage including Central America. Offers local payment method processing and merchant orchestration comparable to ONVO's multi-country, multi-method platform.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
ONVO social profiles
Digital presenceONVO compliance and trust
Trust signalCompliance2 records
ONVO financial estimates
Financial estimateRevenue estimate
Valuation estimate
ONVO leadership team
Management profileNumber of profiles
Profiles1 record
ONVO funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ONVO 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 ONVO
What does ONVO do?
ONVO builds and operates a payment orchestration platform that lets merchants, marketplaces, and platforms accept over 100 payment methods through a single API, while managing fraud, compliance, and recurring billing. The product suite spans online checkout, payment links, recurring subscriptions, in-store POS terminals, mobile POS, e-commerce shops, event ticketing, and a conversational AI assistant for end users. The company sells this infrastructure primarily to businesses across Costa Rica, Guatemala, and Peru.
Is ONVO a public or private company?
ONVO is a private company. It is classified as unknown and is currently operating.
When was ONVO founded?
ONVO was founded in 2021. It employs 11 to 50 people.
Where is ONVO based?
ONVO is headquartered in San José, Costa Rica, in the Latin America region.
How does ONVO make money?
Two revenue lines are on record. Payment Processing Fees are the primary driver. The others are custom Commercial Agreements.
Who are ONVO's main competitors?
Broad incumbents on record are Stripe, Adyen, Mercado Pago and PayU. Clip is listed as an emerging player. PagSeguro/PagBank is listed as a regional player. Direct peers are Kushki, dLocal, Conekta and EBANX.
Does ONVO have an API?
Yes. RESTful API in JSON format with authentication, error handling, 3DSecure, refunds, webhooks, and marketplace module integration. Offers sandbox environment for development. Developer documentation is at docs.onvopay.com.
What industry is ONVO in?
ONVO's product category is Payment Processing. Its primary akta.pro industry code is FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure, with a secondary code of BPAMAFAF, Bill Pay, Invoicing & Payables Platforms. Its NAICS code is 518 and its SIC code is 7370.