IBBA Group

What IBBA Group does

IBBA Group is a privately held fintech holding company founded in 2012 in Chile by Christian Vallejo-Schwarzenbach and headquartered across Buenos Aires and Santiago, with Miami also referenced. Originally a B2C prepaid card issuer, the company pivoted around 2018 into a B2B fintech infrastructure provider that supplies regulated digital financial rails to enterprises, merchants, cooperatives, governments, and banks across Latin America. Under the holding entity IBBA Holdings Group, the legal operating subsidiary IBBA GROUP SRL is registered as a Payment Service Provider (PSP) with Argentina's BCRA (registration No. 33,737 since September 28, 2021) and is regulated by CMF Chile, CNBV Mexico, CONDUSEF, Banco Central de El Salvador, and UAF Chile.

The platform operates five interconnected products: QuikiPay (digital payment infrastructure and acquiring spanning 10 countries), Quickex (digital wallet and money transfers across 7 countries), PrestaPay (BNPL, currently in Ecuador), TukiPay (merchant payment processing and collections in Argentina and Mexico), and IBBA Card (physical and virtual card program management in Panama and Hong Kong). Integration is delivered through fast APIs, payment links, QR codes, and optimized checkout, with local compliance pre-built across markets. Distribution is exclusively B2B2X via corporate partnerships and white-label deployments; the CEO has explicitly stated the company has no field sales force and all business moves through corporate partnerships.

Revenue is generated via transaction-based commissions ranging from 0.2% to 3.5% of gross transaction amount, set by monthly volume, client risk profile, and prior commercial terms, billed pay-as-you-go. Reported scale in October 2025 reached over 80 million operations per semester, transaction volume exceeding 630 billion Argentine pesos per semester, and over USD 100 million per month in digital transactions. No external institutional funding rounds are disclosed, and the company operates with 1-10 employees, indicating an unusually capital-efficient, bootstrapped operating model.

Name

IBBA Group

Legal name

IBBA GROUP SRL

Website

https://ibba.group

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

IBBA Group is a privately held B2B fintech holding company providing regulated digital payment, wallet, BNPL, merchant acquiring, and card-issuance infrastructure to enterprises, merchants, cooperatives, governments, and banks across 10+ Latin American countries plus the US and Hong Kong, monetizing via transaction-based commissions.

Ownership category

akta.pro rank

Product category

Digital Payment Infrastructure

NAICS

Credit Intermediation and Related Activities (522), Credit Card Issuing (52221)

SIC

Finance Services (6199)

akta.pro primary industry

Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)

akta.pro secondary industries

Merchant-Integrated BNPL (Checkout POS Financing) (FSAGAIAA), B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC)

Keywords

• Digital payment infrastructure
• Embedded financial services
• Payment service provider
• Digital wallet platform
• Card issuance platform

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Transaction/Payment Processing Fees: IBBA charges commissions calculated as a percentage of gross transaction amounts. Percentages range from 0.2% to 3.5% depending on monthly transaction volume, client risk profile, and commercial criteria. Transaction fees may apply to incoming or outgoing transactions, but never both in the same transaction.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

IBBA Group builds and operates a B2B digital financial infrastructure platform for enterprises, cooperatives, governments, and financial institutions across Latin America. Its product portfolio (QuikiPay, Quickex, PrestaPay, TukiPay, IBBA Card) integrates payments, transfers, multi-currency digital accounts, card issuance, BNPL, and merchant acquiring with local regulatory compliance in 10+ countries. Revenue is earned through transaction-based commissions on payment flows processed through the platform.

Product overview

IBBA Group operates as a multi-product fintech platform providing digital financial infrastructure for businesses and individuals throughout Latin America. The portfolio consists of five core products: QuikiPay (comprehensive digital payment infrastructure for 10 countries), Quickex (digital wallet and remittance service for 7 countries), PrestaPay (BNPL Buy Now Pay Later solution in Ecuador), TukiPay (payments processing and collections platform for businesses in Argentina and Mexico), and IBBA Card (physical and virtual card issuance platform for Panama and Hong Kong). These products are designed to interconnect, enabling businesses to access payments, transfers, accounts, and cards through a unified regulated ecosystem with local compliance and regional scalability.

Differentiator

Problem solved

Functional benefit

Brands

• QuikiPay: Digital Payment Infrastructure - comprehensive digital finance solution with digital banking services, payments for businesses and merchants, integrated digital payments, utility payments, multi-currency digital accounts, card issuance and management, and acquiring.
• Quickex
• PrestaPay
• TukiPay
• IBBA Card

Products and services

• QuikiPay Digital payment infrastructure providing a comprehensive digital finance solution for businesses and merchants, including digital banking services, integrated digital payments, utility payments, multi-currency digital accounts, card issuance and management, and acquiring. Operates across 10 countries via fast APIs, optimized checkout, and multiple payment methods.
• Quickex Digital wallet operating in Latin America that allows money transfers within a single ecosystem, connecting businesses and users through a regulated network with settlement SLAs and regional support across 7 countries.
• PrestaPay Buy Now Pay Later (BNPL) service that allows businesses to offer payment terms to their customers without needing their own complex financial infrastructure; the company receives funds immediately while PrestaPay finances the customer payments. Currently operates in Ecuador.
• TukiPay Robust payment processing and collection platform for businesses and merchants that integrates online and in-person payments into a single interface with automatic reconciliation and anti-fraud capabilities, allowing businesses to accept payments under their own branding. Operates in Argentina and Mexico.
• IBBA Card Card program management platform enabling companies to issue physical and virtual cards to employees or customers with real-time usage limits and programmable rules, providing expense control, payment facilitation, and digitized financial experiences. Operates in Panama and Hong Kong.

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Nubank: LATAM digital banking giant operating across Brazil, Mexico, and Colombia with consumer accounts, cards, payments, and credit products — broad incumbent that competes with the full IBBA stack, though as a consumer-facing brand rather than B2B infrastructure.
• Mercado Pago: Massive LATAM digital wallet, payment processor, and consumer fintech embedded within Mercado Libre — broad incumbent that overlaps with Quickex wallet, TukiPay merchant acquiring, and IBBA Card across the region, though focused primarily on B2C rather than B2B infrastructure.

Direct peers

• Matera: Brazilian fintech infrastructure provider offering core banking, payments, and digital account platforms for banks and large enterprises — comparable to IBBA's QuikiPay B2B infrastructure and white-label distribution model, though with stronger Brazil anchor.
• Belvo: LATAM financial API platform providing open banking, payments, and account-to-account infrastructure for businesses — overlapping with IBBA's QuikiPay payment infrastructure and B2B API-first GTM motion across Latin American markets.
• Kushki: LATAM-focused payment processor and digital banking infrastructure provider offering acquiring, payment links, and embedded financial services across multiple Latin American countries — directly comparable to IBBA's TukiPay and QuikiPay merchant payment products.
• dLocal: Public cross-border payments processor purpose-built for emerging markets, especially Latin America — directly comparable to IBBA's multi-country payment processing, multi-currency accounts, and acquiring infrastructure serving global merchants entering LATAM.
• Conekta: Mexico-based online payment processor and infrastructure provider serving merchants and platforms with payment acceptance, fraud prevention, and integration APIs — comparable to IBBA's TukiPay merchant processing and QuikiPay integrated digital payments offerings.
• Pomelo: LATAM-based fintech-as-a-service / core banking API platform enabling companies to issue cards, accounts, and payments under their own brand — directly comparable to IBBA's QuikiPay and IBBA Card white-label infrastructure across Latin America.

Regional players

• Clip: Mexico-dominant merchant payment processor providing card-present acquiring, working capital, and business banking to SMBs — comparable to IBBA's TukiPay merchant payments and PrestaPay BNPL, though concentrated in Mexico rather than pan-regional.
• Ualá: Argentina-anchored consumer fintech offering prepaid cards, accounts, payments, and credit — comparable to the Quickex wallet and BNPL use cases IBBA serves, though operating B2C rather than B2B infrastructure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ibba-group

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 IBBA Group