KasNet

What KasNet does

KasNet is a Peru-based private financial services company headquartered in Santiago De Surco, founded in 2007. The company operates in the Peruvian fintech and financial services sector, offering financial transactions, bill payments, remittances, and banking services. Its stated service portfolio positions it within the consumer-facing payments and money transfer categories that are characteristic of Latin American fintech infrastructure providers, serving retail consumers and merchants requiring transactional banking, utility payment, and cross-border transfer capabilities.

The company maintains a workforce of 101-250 employees, placing it in the small-to-mid-cap segment of Peru's financial services industry. As a private company with no disclosed funding rounds, M&A activity, or public ownership structure, KasNet appears to operate as an established but privately held regional player. Its 17-year operating history (2007 to present) suggests organizational stability in the Peruvian market. However, available source data is notably thin: the company's website returned only a verification/loading page with no substantive content, and no products, pricing, revenue figures, management team details, partnerships, certifications, or technology stack information were disclosed.

The core business model centers on transaction-based revenue from financial services — a model that typically generates revenue through transaction fees, service commissions, or float on remittance flows. No details on pricing structure, customer segments, geographic footprint beyond Peru, or proprietary technology platforms were available in the input data, limiting deeper structural analysis. Investors seeking diligence on KasNet would require primary research into agent networks, merchant relationships, regulatory licensing status, and audited financials to substantiate the company's market position and operating model.

Name

KasNet

Website

https://kasnet.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

KasNet is a Peru-based private financial services company founded in 2007, offering financial transactions, bill payments, remittances, and banking services to retail consumers and merchants in the Peruvian market.

Ownership category

akta.pro rank

Product category

Payment Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Cash-in/Cash-out (CICO) Agent Networks (FSAMAOAB)

akta.pro secondary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

Keywords

• Financial transactions
• Bill payment services
• Remittance services
• Banking services
• Payment processing

Headquarters

HQ city

Santiago De Surco

HQ country

Peru

HQ region

Latin America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure

Core offering

KasNet is a financial services firm that delivers financial transactions, bill payments, remittances, and banking services. Operating from Santiago De Surco, Peru, the company serves customers with transactional and payment-related financial products. The firm was founded in 2007 and operates with a workforce of 101-250 employees.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Transactions
• Bill Payment Services
• Remittance Services
• Banking Services

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Direct peers

• PagoEfectivo: Peruvian online and cash-payment network that lets users complete e-commerce purchases and bill payments via agent/cash and bank-transfer rails; directly comparable to KasNet's bill-pay and CICO proposition in the same Peruvian market.
• SafetyPay: Latin American online payment network enabling cash and bank-transfer payments at agent locations across Peru and the region — directly comparable to KasNet's cash/agent-based bill payment and remittance flows.

Emerging players

• Yape (Banco de Crédito del Perú): Peru's leading mobile wallet, issued by BCP, competing for the same P2P, bill-pay, and merchant payment use cases that KasNet's agent network serves — though delivered via a digital-first model rather than an agent network.
• Plin: Interbank-led Peruvian real-time mobile payment consortium (with BBVA, Scotiabank, and others) competing for the same cash-to-digital and P2P transactions that anchor KasNet's agent-based offering.
• dLocal: Cross-border payments platform connecting global merchants to local payment methods across Latam (including Peru) — a more digital, merchant-side competitor to KasNet's payment-acceptance role.

Broad incumbents

• Niubiz (formerly Visanet Peru): Dominant Peruvian card acquirer and payment processor providing merchant acquiring, e-commerce, and POS acceptance — overlapping KasNet's payment-processing and merchant-facing services in the same geography.
• PayU Latam: Large Latam-focused payment processor offering local payment methods, merchant acquiring, and fraud/risk — competes with KasNet for merchant payment volume in Peru, though with a digital/online focus.
• Western Union: Global remittance leader with a massive agent footprint in Peru for cash-pickup and send transactions; directly overlaps KasNet's remittance and CICO agent services.
• MoneyGram: Global remittance operator with substantial Peruvian agent coverage for cash-in/cash-out remittances — competes head-on with KasNet's remittance distribution.
• Interbank (Banco Internacional del Perú): Major Peruvian commercial bank operating an extensive agent/correspondent (Caja) network and the Plin wallet — overlaps KasNet's bill-pay, cash-in/cash-out, and basic banking services in the same market.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

• Facebookfacebook.com/agentekasnet

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 KasNet