CrediViva
- Company typePrivate
- Founded2018
- HeadquartersPanama City, Panama
- Headcount1–10
- GTM typeB2C
- OfferingServices
CrediViva firmographics
Firmographics- Name
- CrediViva
- Legal name
- CrediViva S.A.
- Website
- https://crediviva.com.pa
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
CrediViva industry classification
Industry- Product category
- Consumer Lending (Buy Now Pay Later)
- NAICS
- Consumer Lending (522291), Sales Financing (52222)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Third-Party POS Installment Financing Platforms (FSAKAFAB)
Keywords
Where CrediViva is headquartered
LocationHeadquarters
- HQ city
- Panama City
- HQ country
- Panama
- HQ region
- Latin America
Offices1 record
Markets served
CrediViva business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Installment Transaction Fees: CrediViva earns fees from installment transactions processed through its platform, charging both consumers and/or merchants for buy-now-pay-later services
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Installment payment plans of 24 or 48 months |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
CrediViva product offering
Product offeringCore offering
CrediViva provides buy-now-pay-later installment financing to Panamanian consumers through a mobile application, enabling purchases of up to 24 or 48 monthly installments at over 200 affiliated merchants without requiring a credit card or existing credit history. Customers register with only a national ID (cédula) and email, receive a credit decision in minutes, scan QR codes at partner merchants to initiate purchases, and repay through a dedicated online payment portal integrated with Yappy.
Product overview
CrediViva operates as a buy-now-pay-later (BNPL) fintech platform in Panama, consisting of two main integrated offerings: the CrediViva App (mobile application for scanning QR codes at partner merchants and initiating installment purchases) and the Pago de Cuotas portal (web-based service for managing and making installment payments). The platform enables purchases at over 200 affiliated merchants across categories including electronics, furniture, automotive, sports, health, and construction, with installment terms of 24 or 48 months. The service differentiates by requiring only a national ID and email (no credit card or credit history required) and providing approval decisions in minutes.
Differentiator
Problem solved
Functional benefit
Products and services
- CrediViva App Mobile application for iOS and Android that enables Panamanian consumers to register with only a national ID (cédula) and email, receive an instant credit decision, scan QR codes at more than 200 affiliated merchants, and purchase goods payable in 24 or 48 monthly installments without a credit card or credit history.
- Pago de Cuotas Web-based installment payment portal that allows existing CrediViva customers to pay their monthly installments online in a secure (SSL-certified) environment, processing transactions through the Yappy platform.
Companies that use CrediViva
Customer profileNamed customers12 records
Segments2 records
Ideal customer profiles2 records
CrediViva technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature2 records
CrediViva partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- Ciudad del SabercoreCrediViva is headquartered at Ciudad del Saber technology park in Panama, suggesting a strategic location partnership with the innovation district.
- Doit centerminorPartner merchant offering installment payment options through CrediViva for hardware and tools purchases.
- total centerminorPartner merchant offering installment payment options through CrediViva.
- Optica LopezminorPartner merchant offering installment payment options through CrediViva for eyewear purchases.
- RodelagminorPartner merchant offering installment payment options through CrediViva for furniture purchases.
- multimaxminorPartner merchant offering installment payment options through CrediViva for electronics purchases.
- SamsungminorPartner merchant offering installment payment options through CrediViva for Samsung electronics purchases.
- E-visionminorPartner merchant offering installment payment options through CrediViva for electronics purchases.
- Mac StoreminorPartner merchant offering installment payment options through CrediViva for Apple products.
- hotel clinicminorPartner merchant offering installment payment options through CrediViva for healthcare services.
- arte y diseñominorPartner merchant offering installment payment options through CrediViva.
- flash marketminorPartner merchant offering installment payment options through CrediViva.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
CrediViva competitors and assessment
Company assessmentDirect peers
- Aplazo: Mexican BNPL platform partnering with merchants to offer installment purchases. Comparable QR/in-store flow, merchant network model, and underbanked-segment positioning.
- Nelo: Mexican BNPL fintech extending installment credit to consumers at point of sale. Comparable product structure (POS installments, no credit card required) and Latin American emerging-market consumer base.
- Kueski: Mexican BNPL and online consumer lender serving underbanked consumers without traditional credit cards. Closely comparable business model, alternative underwriting approach, and LatAm underbanked focus.
- Addi: Colombian BNPL platform providing installment financing at affiliated merchants. Direct regional peer: similar underbanked-consumer thesis, merchant-funded model, and Latin American emerging-market focus as CrediViva.
- Provu: Brazilian BNPL fintech focused on underbanked consumers and merchant-funded installments. Comparable product model (POS installments, thin-file underwriting) targeting structurally similar LatAm underbanked consumers.
Others
- BAC Credomatic: Major Central American bank with consumer lending operations across Panama and the region. Has the balance sheet, regulatory licenses, and merchant relationships to enter CrediViva's BNPL niche domestically.
- Banco General: Panama's largest private bank and operator of Yappy, CrediViva's payment processor. Could plausibly launch a competing installment product leveraging Yappy, simultaneously competing and cutting off CrediViva's distribution.
Broad incumbents
- Mercado Pago: Latin America's largest digital payments and consumer credit platform, embedded in Mercado Libre's marketplace. Increasingly active in BNPL and consumer credit across LatAm, including Central America — a credible future competitor to CrediViva.
- Klarna: Global BNPL incumbent with broad merchant relationships and installment products. Represents the well-capitalized, scaled incumbent model that could eventually compete with CrediViva in Panama as it expands LatAm coverage.
- Affirm: US-listed BNPL incumbent offering long-tenor installment financing at the point of sale. Comparable installment product structure and demonstrates the scaled BNPL model CrediViva aspires to; potential entrant into underbanked LatAm segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
CrediViva social profiles
Digital presenceCrediViva compliance and trust
Trust signalCompliance1 record
CrediViva financial estimates
Financial estimateRevenue estimate
Valuation estimate
CrediViva leadership team
Management profileNumber of profiles
Profiles1 record
CrediViva funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CrediViva 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 CrediViva
What does CrediViva do?
CrediViva provides buy-now-pay-later installment financing to Panamanian consumers through a mobile application, enabling purchases of up to 24 or 48 monthly installments at over 200 affiliated merchants without requiring a credit card or existing credit history. Customers register with only a national ID (cédula) and email, receive a credit decision in minutes, scan QR codes at partner merchants to initiate purchases, and repay through a dedicated online payment portal integrated with Yappy.
Is CrediViva a public or private company?
CrediViva is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CrediViva founded?
CrediViva was founded in 2018. It employs 1 to 10 people.
Where is CrediViva based?
CrediViva is headquartered in Panama City, Panama, in the Latin America region.
How does CrediViva make money?
One revenue line is on record: installment Transaction Fees.
Who are CrediViva's main competitors?
Direct peers on record are Aplazo, Nelo, Kueski, Addi and Provu. Others are BAC Credomatic and Banco General. Broad incumbents are Mercado Pago, Klarna and Affirm.
Does CrediViva have an API?
No public API is recorded for CrediViva.
What industry is CrediViva in?
CrediViva's product category is Consumer Lending (Buy Now Pay Later). Its primary akta.pro industry code is FSAKAFAB, Third-Party POS Installment Financing Platforms. Its NAICS code is 522291 and its SIC code is 6141.