Daviplata

What Daviplata does

DaviPlata is Colombia's first mobile digital wallet, operated by Banco Davivienda S.A. as a regulated electronic deposit product. It enables Colombian consumers — primarily unbanked and underbanked individuals — to open a financial account directly from a mobile phone without requiring an existing bank relationship, manage funds, make P2P transfers, pay bills, recharge mobile airtime, and access government subsidies such as Ingreso Mínimo Garantizado. The platform also serves small merchants through the Mi Negocio module, which provides QR-based payment acceptance, sales tracking, and business finance tools, and supports enterprise and government use cases including payroll, supplier payments, and subsidy disbursement.

The product surface is built on Davivienda's banking infrastructure and integrates with Colombia's national payment rails: PSE for account recharges from any Colombian bank, Bre-B instant payments via phone-number keys (Llaves Bre-B), and an interbank QR system interoperable with 14 banks and digital wallets. Additional modules include a digital debit card (NFC tap-to-pay at POS and online), a digital credit card, Nanocrédito (small-value paperless loans), Adelanto de Sueldo (earned-wage access), savings pockets (Bolsillos), international remittance reception, and insurance and financial wellness offerings. Distribution is primarily through mobile app stores (Google Play, Apple App Store, AppGallery) and Davivienda's physical branch and correspondent network for cash-in/cash-out.

The business model combines a freemium core (free account opening, free P2P transfers, free bill payments) with revenue from transaction and interchange fees, government disbursement contracts, interest income from nano-credit and salary advance products, and emerging monetization via enterprise payment APIs and platform maintenance fees (effective June 10, 2026). Go-to-market is product-led: users self-onboard via mobile app while cross-selling leverages Davivienda's existing customer base and branch network.

Name

Daviplata

Legal name

Banco DAVIVIENDA S.A.

Website

https://daviplata.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

DaviPlata is Colombia's first mobile digital wallet, operated by Banco Davivienda, enabling unbanked and underbanked consumers plus small merchants to make payments, transfers, and access government subsidies via smartphone without a traditional bank account.

Ownership category

akta.pro rank

Product category

Mobile Payments

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Activities Related to Credit Intermediation (5223)

SIC

National Commercial Banks (6021), Personal Credit Institutions (6141)

akta.pro primary industry

General-Purpose Digital Wallets (P2P + Merchant) (FSAMAEAA)

akta.pro secondary industries

P2P Transfers & Remittances Platforms (BPAMAFAE), QR Code Payments Wallets (FSAMAEAC)

Keywords

• Mobile payments
• Digital wallet
• Money transfers
• Financial inclusion
• Mobile banking

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Transaction Fees: Revenue generated from transaction fees charged on various services including money transfers, payments, and other financial operations. The service promotes free use but generates revenue through interchange and transaction fees.
2. Government Subsidy Processing: DaviPlata processes government subsidies and welfare payments, potentially generating fees from government contracts for disbursement services.
3. Credit Products: Nano-credit and salary advance products offered through the platform generate interest income for the bank.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

DaviPlata is a mobile-based digital wallet operated by Banco Davivienda in Colombia that allows users to send and receive money, pay bills, recharge mobile airtime, accept QR payments as merchants, and receive government subsidies and salary disbursements directly from a mobile phone, without requiring a traditional bank account. The platform supports P2P transfers via phone-number keys (Llaves Bre-B), interoperable QR payments across 14 Colombian banks, nano-credit and salary-advance products, and a payment API for enterprise integration.

Product overview

DaviPlata is Colombia's first digital wallet (mobile money service) offered by Banco Davivienda. It operates as a single unified financial services platform enabling users to manage money from their mobile phone without requiring a traditional bank account. The core DaviPlata Digital Wallet provides transfers, payments, savings, and credit services. For businesses, Mi Negocio DaviPlata enables QR payments, key-based payments, and sales tracking. For enterprises and government, DaviPlata offers payroll disbursement, supplier payments, and subsidy distribution services. Additional offerings include a Virtual Store, international remittance reception, savings pockets, insurance products, and financial wellness guidance. The platform integrates with PSE for account recharges, Bre-B for instant payments, and QR interoperability across 14 Colombian banks and wallets.

Differentiator

Problem solved

Functional benefit

Products and services

• DaviPlata Digital Wallet Core mobile wallet for individual consumers in Colombia providing P2P transfers, bill payments, mobile recharges, savings pockets, QR payments, and balance management up to 8 SMMLV without requiring a traditional bank account.
• Nanocrédito Small-value credit product allowing DaviPlata users to acquire short-term loans directly from their mobile phone without paperwork, targeted at underbanked consumers needing quick access to small amounts of credit.
• Adelanto de Sueldo Salary advance credit product for employees whose payroll is processed through DaviPlata, providing early access to earned wages before the regular payday.
• Mi Negocio DaviPlata Business module for small merchants and business owners enabling them to accept QR and phone-key payments, track sales, and manage their business finances through the DaviPlata wallet.
• Pago de Nómina y Proveedores Enterprise service allowing companies to disburse payroll, bonuses, and supplier payments to recipients through the DaviPlata platform, including to unbanked employees.
• Pago de Subsidios del Gobierno Government service enabling public entities to disburse social subsidies and welfare payments (such as the Ingreso Mínimo Garantizado guaranteed minimum income) directly to beneficiaries via DaviPlata accounts.
• Pago de Subsidios Cajas de Compensación Service for Colombian compensation funds (cajas de compensación) to disburse subsidies and benefits to affiliated workers and families through the DaviPlata wallet.
• Vender con APIs de Pago Payment API offering for enterprises to integrate DaviPlata payment acceptance and processing into their own applications and systems for selling goods and services.
• Recibir Remesas Service enabling DaviPlata users to receive international remittances from abroad directly into their DaviPlata wallet account.
• Seguros y Asistencias Insurance and assistance products offered through the DaviPlata app, including personal accident insurance, health coverage, cancer protection, home insurance, and cell phone protection for individual users.
• DaviPlata para Extranjeros Service enabling foreign residents in Colombia to open and use a DaviPlata wallet, extending digital financial access to non-Colombian residents.

Quantifiable outcome

• Accessible throughout Colombia via mobile app with no geographic restrictions
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability2 records

Feature4 records

Partnerships

One partnership is on record.

• PSE (Pagos Seguros en Línea)coreTechnology or IntegrationIntegration with PSE (Pagos Seguros en Línea), Colombia's national online payment gateway, allowing users to load funds into their DaviPlata accounts from any Colombian bank.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Bancolombia: One of Colombia's largest commercial banks and parent of Nequi. Comparable as the bank that backs DaviPlata's main competitor with comparable distribution, regulatory standing, and corporate/government banking products.
• Mercado Pago: LatAm-wide digital wallet and payments business from Mercado Libre. Comparable for QR-based merchant payments, P2P, consumer credit, and offline payment acceptance across multiple LatAm markets including Colombia.
• Nubank: Brazil's largest digital bank with expanding operations in Colombia and Mexico. Comparable for mobile-first banking, freemium pricing, large unbanked acquisition, and a digital-credit-led ARPU expansion strategy.
• Banco Davivienda: Parent bank of DaviPlata and one of Colombia's largest financial institutions. Comparable for branch/ATM distribution depth, regulated deposit franchise, and the corporate/government disbursement channels DaviPlata plugs into.
• Banco de Bogotá: Major Colombian commercial bank within the Aval group. Comparable as an established Colombian depository institution serving corporates and government payments, overlapping with DaviPlata's employer and government disbursement flows.

Direct peers

• Movii: Colombian mobile wallet focused on unbanked and underbanked consumers, offering P2P transfers, bill payments, and cash-in/cash-out via a wide correspondent network. Direct challenger to DaviPlata in the same financial-inclusion segment.
• Nequi: Bancolombia's mobile wallet in Colombia offering P2P, payments, savings, and credit, interoperable with Bre-B and the same interbank QR network as DaviPlata. Closest direct competitor in Colombian digital wallets with nearly identical product scope and target market.

Emerging players

• RappiPay: Digital account and card business of Rappi in Colombia. Comparable for in-app payments, prepaid card products, and a Colombian consumer base that overlaps with unbanked and underbanked users served by DaviPlata.
• Bold (Bold.co): Colombian payment acceptance and merchant services provider. Comparable for QR-based in-person payment acceptance serving Colombian SMBs, overlapping with DaviPlata's Mi Negocio / Vender con QR merchant features.
• Ualá: Latin American digital wallet and prepaid-card provider operating across Argentina, Mexico, and Colombia. Comparable for unbanked-focused onboarding, mobile-first payments, and embedded credit/insurance distribution.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/DaviPlata
• YouTubeyoutube.com/playlist?list=PLF8236BB3D0681371
• Facebookfacebook.com/DaviPlata
• LinkedInlinkedin.com/company/daviplata
• Instagraminstagram.com/daviplataoficial

Compliance1 record

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 Daviplata