Biz

What Biz does

Biz is a Brazilian payment institution authorized by Banco Central do Brasil (operating under Banco 686) that provides multi-benefit corporate cards, salary advance, multi-currency accounts, corporate expense management, payroll integration, and fleet management solutions. The company serves Brazilian businesses across PMEs and large enterprises, HR and people-management departments responsible for benefit administration, and fintechs and digital banks that white-label or embed its infrastructure via APIs. Biz is part of the Omni Conglomerate, which is led by Omni S.A. Cr\u00e9dito, Financiamento e Investimento (Omni CFI), and operates through multiple legal entities including BIZ \u2013 Tecnologia em Meios de Pagamento Ltda. and Biz Institui\u00e7\u00e3o de Pagamento S.A.

The platform is delivered through four surfaces: a white-label web portal, a fully branded mobile application, a developer platform with more than 1,500 APIs (code.biz.com.br), and a 24/7 virtual AI Agent for customer-service automation. The underlying architecture runs on auto-scaling microservices with 99.99% authorization availability and is certified under PCI DSS, PCI PTS, and ISAE 3402. Core product modules include Multibenef\u00edcios (a single card supporting PAT/PCT, VT, VR, VA, and 20+ benefit categories), Antecipa\u00e7\u00e3o Salarial (up to 30% salary advance with no fees), Multimoedas (Real, Dollar, Euro accounts), Despesas Corporativas (real-time expense management), Folha de Pagamento (payroll integration), and Gest\u00e3o de Frota (fleet management). Scale signals include R$25 billion+ in annual approved transaction volume, 300 million+ transactions, 10 million+ accounts, and R$100MM+ in annual cashback distributed.

Revenue is generated through multiple streams: payment card issuance fees (R$19.90 per card event), account maintenance and service fees (R$50.00/month plus inactivity, communication, and receipt fees), B2B SaaS subscriptions for the multi-benefit platform (typically quote-based annual contracts), API and white-label licensing to fintech and enterprise partners, and interchange economics from the merchant card network. Go-to-market combines direct enterprise sales, a partner/reseller program (Canal Indicador), co-branded card partnerships with major brands, and API onboarding for fintech clients that embed Biz's payment and account infrastructure.

Name

Biz

Legal name

BIZ – TECNOLOGIA EM MEIOS DE PAGAMENTO LTDA.

Website

https://biz.com.br

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

251–500 employees

Short description

Biz is a Brazilian payment institution authorized by Bacen that provides multi-benefit corporate cards, expense management, multi-currency accounts, and fleet solutions, serving Brazilian enterprises and fintechs via an AI-first platform with 1,500+ APIs.

Ownership category

akta.pro rank

Headquarters

HQ city

Vila Olímpia

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Payment Card Fees: Revenue generated from card issuance fees (R$19.90 first card, R$19.90 second card), card maintenance/anuity fees, and transaction processing across the multi-benefit card network.
2. Account and Maintenance Fees: Fees charged for account maintenance (R$50.00), inactivity fees (up to R$25.00), digital communication fees (R$10.00), second copy of receipts (R$100.00), and national cash withdrawals (R$9.90).
3. Multi-benefit Platform Services: Revenue from B2B companies using the multi-benefit platform for employee benefits management including meal, food, transport, fuel, and other corporate benefit categories. Employers pay for benefit allocations managed through the platform.
4. API and Developer Platform Licensing: Revenue from providing APIs (1,500+) to fintech clients and enterprise partners who white-label or integrate Biz's payment and card infrastructure into their own products.
5. Cashback and Interchange: Over R$100MM in annual cashback distributed to clients; interchange revenue from merchant transactions on the Biz card network.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Biz is a Brazilian Bacen-authorized payment institution (Banco 686) offering an AI-first, hyperpersonalized multi-benefit and corporate financial management platform. It provides employee benefit cards, salary advances, multi-currency accounts, corporate expense and fleet management for businesses, and white-label digital banking, card issuing, and 1,500+ APIs for fintechs.

Product overview

Biz is a Brazilian payment institution (authorized by Banco Central do Brasil - Banco 686) offering an AI-first multi-benefits and corporate financial management platform. The product portfolio includes core products for businesses (Multibenefícios, Antecipação Salarial, Multimoedas, Conta Digital PJ/PF, Despesas Corporativas, Folha de Pagamento, Gestão de Frota) and a fintech module for white-label digital banking (Banco Digital, Cartões, Prevenção à Fraude). These are complemented by AI Agent for automated customer service and Web/App platforms for customized brand experiences. The ecosystem integrates more than 1,500 APIs for developer flexibility.

Differentiator

Problem solved

Functional benefit

Products and services

• Multibenefícios Hyperpersonalized multi-benefit card consolidating PAT/PCT, VT (transport), VR (meal), VA (food) and 20+ benefit categories on a single card, fully customizable per employer and employee. For Brazilian companies managing employee benefits.
• Antecipação Salarial Salary advance solution allowing employees to access up to 30% of salary with no fees, interest, or extra costs, with protection for both company and employee.
• Multimoedas Multi-currency account supporting Real, Dollar, and Euro in a single platform, enabling national and global transactions for corporate teams.
• Conta Digital PJ/PF Complete digital account for companies and/or to offer to employees, clients, or suppliers, all with custom branding.
• Despesas Corporativas Corporate expense management with customizable spending rules, card configuration, and real-time reimbursement tracking.
• Folha de Pagamento Payroll integration with major payroll systems, simplifying people management processes for HR departments.
• Gestão de Frota Fleet management for paying freight, tolls, and fuel with real-time control, providing more security and less bureaucracy for corporate fleet operations.
• Banco Digital (Fintech) Complete, customized white-label digital banking ecosystem with resources for fintech partners to launch and scale their own branded banking business.
• Cartões (Fintech) Customized payment cards with the partner company's branding, offered to fintech clients to issue to their own customers through the Biz platform.
• Prevenção à Fraude 24/7 fraud monitoring and prevention service with PCI DSS, PIN Security, and ISAE 3402 certifications, offered to fintech partners.
• AI Agent Virtual 24/7 personalized AI agent that interacts in real time and automates customer service and tasks across the Biz platform.
• API / Developer Platform (1,500+ APIs) Over 1,500 APIs available at code.biz.com.br enabling fintech clients, developers, and enterprise partners to integrate and white-label payment cards, multi-currency accounts, and benefits infrastructure into their own products.

Quantifiable outcome

• 99.99% authorization availability uptime
• +4 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature7 records

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• PagSeguro: PagSeguro is a major Brazilian payments company offering card acquiring, point-of-sale, digital accounts, and payment links. It is both a Biz customer (white-label via 'Pagol') and a broad incumbent competing in payments and SMB banking in Brazil.
• Nubank: Nubank is one of the largest digital banks in Latin America, offering credit cards, accounts, and personal loans to Brazilian consumers and SMBs. While primarily a B2C bank, its corporate offerings and scale make it a broad incumbent comparable to Biz's payment and card-issuing capabilities.
• Stone Co. Stone is a leading Brazilian payments and banking platform providing acquiring, digital accounts, and software for merchants and SMBs. It is a broader incumbent in Brazilian payments that overlaps with Biz's card and SMB financial services footprint.
• Banco Inter: Banco Inter is a Brazilian digital bank providing accounts, cards, loans, and business banking solutions for SMEs and individuals. It is a broad incumbent that overlaps with Biz's digital account, card, and corporate banking features.

Direct peers

• Alelo: Alelo is a large Brazilian corporate benefits and payments company issuing meal, food, and culture cards, plus fleet and expense solutions. It is one of the incumbent players competing with Biz in the multi-benefit and corporate card space.
• Flash Benefícios: Flash is a Brazilian fintech specializing in flexible corporate benefits via a single multi-category card, alongside salary advance and expense management. It competes head-to-head with Biz across benefits, salary advance, and corporate cards for Brazilian employers.
• VR (Vale Refeição / Ticket): VR, part of the broader Vale/Ticket family of brands, is an established Brazilian benefits and corporate card issuer. It competes with Biz on traditional benefit categories (VR/VA/VT) and is a dominant incumbent in the Brazilian employer benefits market.
• Caju: Caju is a Brazilian multi-benefit platform offering flexible, multi-category cards covering meal, food, culture, education, and transport benefits. It is the most direct competitor to Biz's Multibenefícios product and targets the same corporate HR buyer.
• iFood Benefícios: iFood Benefícios is the corporate benefits arm of iFood, offering flexible meal and food benefit cards with broad acceptance across Brazil. It is a direct competitor to Biz's benefit categories and a notable threat given iFood's consumer reach.

Emerging players

• Conta Simples: Conta Simples is a Brazilian corporate-focused fintech offering multi-currency accounts, expense management, and corporate cards for SMEs. It overlaps with Biz's Multimoedas, expense management, and digital account products and represents an emerging competitor targeting similar SMB segments.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@oficialbiz
• LinkedInlinkedin.com/company/biz-tecnologia-em-meios-de-pagamentos
• Instagraminstagram.com/oficialbiz
• Facebookfacebook.com/bizpayment

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

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 Biz