Qumax

What Qumax does

Qumax (legally QUMAX INVERSIONES S.A.P.I. de C.V.) is a privately held Mexican fintech headquartered in Monterrey, Nuevo León, that specializes in prepaid payment card solutions distributed primarily through B2B corporate programs. The company's core offering is the Tarjeta Precargada Qumax, a MasterCard-branded prepaid card designed for travel expense management, per diems, petty cash, and broader corporate disbursements including commissions, bonuses, incentives, and social program payments. The card does not require beneficiaries to hold a bank account and operates within the MasterCard acceptance network across physical and digital merchants in Mexico.

Underlying the product is a card issuance and program management technology stack operated by Qumax, with card administration handled through a dedicated portal at cm.uniqcard.mx. The company has built an additional layer — the Red de Afiliaciones Qumax — a merchant discount network offering cardholders exclusive promotions at partner establishments such as Top Golf, Laboratorios CHOPO, Mr. Pampas, and Papelerías Tony, intended to drive card engagement and incremental usage.

Qumax monetizes through two disclosed streams: a $30 MXN monthly administration fee charged on cards that have been inactive for 90 or more days, deducted directly from the preloaded balance, and a revenue share of ATM withdrawal fees charged by third-party ATM operators when cardholders withdraw cash. The company targets business and enterprise clients through a direct sales motion (phone, email, demo requests) and segments its market vertically. It operates as part of a larger Mexican financial sector group with more than 8 years of market presence, though the specific parent group is not publicly identified.

Name

Qumax

Legal name

QUMAX INVERSIONES S.A.P.I. de C.V.

Website

https://qumax.mx

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Qumax is a Mexican fintech that issues MasterCard-branded prepaid cards through B2B corporate programs, enabling companies to disburse travel expenses, per diems, petty cash, commissions, bonuses, and incentives to employees and beneficiaries without requiring bank accounts.

Ownership category

akta.pro rank

Product category

Corporate Prepaid Card Services

NAICS

Credit Card Issuing (522210)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Virtual Card Issuance & Tokenized Corporate Cards (THACAJAA)

akta.pro secondary industry

Central/Lodge Cards & Ghost Cards (Air/Hotel/Rail) (THACAJAB)

Keywords

• Prepaid corporate cards
• Expense management solutions
• Business payment cards
• Corporate disbursement platforms
• Fintech payment services

Headquarters

HQ city

Monterrey

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Prepaid Card Administration Fees: Monthly administrative fee charged for cards with 90+ days of inactivity. Fee deducted directly from the preloaded balance.
2. ATM Withdrawal Fees: Revenue share from ATM withdrawal fees charged by third-party ATM operators when cardholders withdraw cash.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Qumax provides B2B prepaid card programs that enable companies to disburse funds to employees and beneficiaries for travel expenses, per diems, petty cash management, commissions, bonuses, incentives, and social program payments. The cards are accepted at MasterCard-affiliated merchants and require no bank account for the beneficiary.

Product overview

Qumax is a 100% Mexican company specializing in prepaid payment card solutions. The product portfolio consists of two core offerings: (1) the Tarjeta Precargada Qumax (Qumax Prepaid Card) for individual users, designed for travel expense, per diem, and petty cash management with unlimited use and MasterCard acceptance; and (2) the Programa de Tarjetas Precargadas para Empresas, a B2B platform enabling companies to disperse payments including commissions, bonuses, incentives, business expenses, and social program disbursements. Both products are supported by a companion Red de Afiliaciones (merchant discount network) offering exclusive promotions at partner establishments. The company operates as QUMAX INVERSIONES S.A.P.I. de C.V. and is part of a financial sector group with over 8 years of market experience.

Differentiator

Problem solved

Functional benefit

Brands

• Tarjeta Qumax: Prepaid service card for business expense management, travel, per diems, and petty cash control with unlimited use, simplifying expense verification.
• Tarjeta Qumax

Products and services

• Tarjeta Precargada Qumax (Prepaid Card) Prepaid card issued by QUMAX INVERSIONES S.A.P.I. de C.V. for travel expense management, per diems, and petty cash control. Cards are accepted at MasterCard-affiliated merchants (physical and digital) and remain valid until the expiration date printed on the card. Designed for unlimited use within the MasterCard acceptance network.
• Programa de Tarjetas Precargadas para Empresas B2B prepaid card program enabling companies to disburse payments to employees and beneficiaries, covering commissions, bonuses, incentives, business expenses, social program disbursements, and public resource distributions.
• Red de Afiliaciones Qumax Merchant discount network offering Qumax cardholders exclusive promotions and discounts at partner establishments including Top Golf, Laboratorios CHOPO, Mr. Pampas, and Papelerías Tony.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• MasterCardcoreTechnology or IntegrationMasterCard is the payment network brand that enables acceptance of Qumax prepaid cards at participating merchants. Cards can only be used at merchants affiliated with the MasterCard acceptance brand.
• Top GolfminorGTM or Marketing PartnerTop Golf offers 20% discount on game hours to Qumax cardholders who scan QR code and present their Qumax card.
• Laboratorios CHOPOminorGTM or Marketing PartnerLaboratory offering up to 25% discount on participating studies to Qumax cardholders who present their card.
• Mr. PampasminorGTM or Marketing PartnerRestaurant offering 15% discount on consumption to Qumax cardholders (with restrictions).
• Papelerias TonyminorGTM or Marketing PartnerStationery store offering 10% discount on retail prices for cash payments to Qumax cardholders (excludes computer line, phone recharges and offers).

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Mercado Pago: Latin America's largest digital payments platform with prepaid card and QR products in Mexico. Competes broadly with Qumax in prepaid card acceptance and SMB disbursement.
• Previda (Prepaid Card Issuers / Edenred): Global prepaid meal and expense benefits provider with strong Mexican presence. Comparable to Qumax as a broader incumbent addressing corporate travel, per diem, and perk disbursements via branded prepaid cards.
• PaySign: US-based prepaid card program manager serving corporate, healthcare, and incentive use cases. Comparable to Qumax as a broader industry peer in B2B prepaid card program management at scale.
• Blackhawk Network: Global prepaid card and gift network operator with corporate incentive and disbursement products. Comparable to Qumax as a broad incumbent in B2B prepaid card issuance and distribution.

Regional players

• Stori: Mexican mass-market credit card fintech serving consumers and small businesses with Mastercard-branded cards. A regional comparable to Qumax given shared Mexico focus, Mastercard rails, and B2B-adjacent SMB outreach.
• Jeeves (Corpay): Cross-border B2B corporate card and payments platform active in Latin America. Comparable to Qumax as a direct B2B corporate card competitor with multi-country reach, especially in Mexico.
• Albo: Mexico-based fintech offering accounts, cards, and credit products. Comparable to Qumax as a Mexican card-issuing competitor that combines consumer and SMB payment products with Mastercard network access.

Direct peers

• Clara: Mexico- and Latin America-focused B2B corporate card and spend management platform. Clara issues corporate cards to businesses for expense control and accounts payable, directly overlapping with Qumax's travel/per diem/petty cash card program.
• Tribal (Tribal Credit): Mexico and Latin America B2B fintech issuing corporate credit cards and offering working capital to SMBs. Comparable to Qumax as both serve Mexican businesses with card-based disbursement and spend control tools.

Emerging players

• Konfío: Mexican B2B fintech providing credit, banking, and spend solutions to SMBs. Comparable to Qumax as a Mexican B2B financial services peer serving similar enterprise expense and disbursement needs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/qumaxinversiones
• LinkedInlinkedin.com/company/qumaxinversiones

Revenue estimate

Valuation estimate

Number of profiles

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 Qumax