What Niubiz does

Niubiz is a Peru-based, private for-profit payment processing company founded in 1997, headquartered in Lima, with 251-500 employees. The company operates QR payment processing infrastructure that enables consumers to pay for public services — including utility bills and government services — across multiple regions of Peru, including Junín, La Libertad, Piura, Ica, and Moquegua. In 2025, Niubiz processed more than S/44 million in transaction volume across over 560,000 transactions via its QR channel, representing 15% growth in volume and 16% growth in transaction count year-over-year, with an average ticket of S/78 indicating habitual rather than occasional usage.

The company's core offering is QR-based digital payment acceptance for public and private services in Peru. Underlying technology is described as QR payment processing infrastructure; no APIs, SDKs, MCP endpoints, or detailed product architecture are disclosed. Niubiz monetizes through transaction fees on processed payments (per its revenue model of "transaction-based revenue from processing QR payments for public and private services in Peru"), and pricing is not publicly disclosed. The primary disclosed customer segment is the Public Services Sector (utilities and government entities), and the company is led by CEO Diego Conroy.

The firm's strategic posture, as evidenced in the available data, is one of steady operational scaling within its established Peruvian public-services QR vertical. No funding rounds, M&A activity, leadership changes beyond the CEO, partnerships, regulatory actions, or product launches outside the QR payments line are evidenced in the source material, leaving total revenue, ownership, and broader product footprint as material data gaps.

Name

Niubiz

Legal name

Niubiz

Website

https://niubiz.com.pe

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

251–500 employees

Short description

Niubiz is a Peru-based payment processor founded in 1997 that operates QR payment infrastructure primarily for public services, processing S/44 million in volume across 560,000+ transactions in 2025 for utility and government bill payments.

Ownership category

akta.pro rank

Product category

Payment Processing Services

NAICS

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

SIC

Finance Services (6199)

akta.pro primary industry

A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF)

akta.pro secondary industries

Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), Bank Bill Pay (Consumer & Small Business) (FSAMAJAC)

Keywords

• Payment processing
• QR payments
• Digital transactions
• Payment infrastructure
• Merchant services

Headquarters

HQ city

Lima

HQ country

Peru

HQ region

Latin America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Payment Processing: Transaction-based revenue from processing QR payments for public and private services in Peru

Core offering

Niubiz operates payment processing infrastructure in Peru, primarily focused on QR payment processing for public services. The company enables consumers to pay utility bills and government service fees via QR code transactions, processing over 560,000 transactions and approximately S/44 million in transaction volume in 2025 with year-over-year growth of 15-16%. The service provides digital payment rails connecting consumers with public service entities across Peru, with strong adoption in regions including Junín, La Libertad, Piura, Ica, and Moquegua.

Product overview

Niubiz is a payment processing company operating in Peru. The company provides QR payment processing infrastructure for public services and digital transactions. The source data does not provide specific named product modules, sub-products, or detailed product architecture information beyond the general characterization as a payment processing service provider.

Differentiator

Problem solved

Functional benefit

Products and services

• QR Payment Processing for Public Services

Quantifiable outcome

• 15% growth in transaction volume and 16% growth in number of transactions year-over-year
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves2 records

Expansion highlights2 records

Direct peers

• dLocal: Cross-border payments infrastructure provider focused on LATAM emerging markets. Directly comparable as a payment processing company operating in Peru and across LATAM, enabling merchants and platforms to accept local payment methods.
• Kushki: LATAM-focused payments infrastructure company operating in multiple countries including Peru. Comparable as a payment processing and acceptance platform serving merchants and digital businesses with local payment rails.
• Yape: Peru's dominant mobile wallet operated by BCP, built on QR-based payments. Comparable because it operates in the same QR payment ecosystem for consumer-to-merchant and bill payment transactions in Peru.
• Plin: Peruvian interoperable mobile payment network backed by major Peruvian banks using QR. Directly comparable as a QR-based payment rail competing for the same Peruvian consumer and merchant payment flow.
• Clip: LATAM payments company operating merchant payment acceptance solutions across Mexico and other LATAM markets. Comparable as a peer payment processing company targeting merchants and digital payment adoption in emerging LATAM economies.

Broad incumbents

• Mercado Pago: LATAM's largest digital payments platform from Mercado Libre. Comparable as a broad incumbent operating QR payment acceptance and processing infrastructure across multiple LATAM countries including Peru.
• Visa: Global payments network with historical roots in Peruvian card processing (Niubiz evolved from the former Visanet Peru entity). Comparable as a broad incumbent operating payments processing and acceptance infrastructure globally and in Peru.
• Mastercard: Global payments network with card and digital payment processing operations in Peru. Comparable as a broad incumbent operating payments infrastructure that overlaps with Niubiz's merchant acceptance and processing business.
• PagSeguro: Major LATAM payment processor primarily serving Brazil with diversified merchant acquiring and digital payment services. Comparable as a broad incumbent operating payment processing infrastructure in emerging LATAM markets.

Regional players

• Conekta: Mexico-based online payment processor enabling merchants to accept digital payments. Comparable as a regional LATAM payment processing peer serving a similar emerging-market merchant base, though primarily operating in Mexico rather than Peru.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Niubiz