CredibanCo

What CredibanCo does

CredibanCo S.A. is a Colombian payment network operator and financial services company founded in 1971 as a banking association to administer credit card functions, and headquartered in Bogotá. The company operates Colombia's largest POS terminal network (Datáfonos fijos and Datáfonos inalámbricos), a QR code acceptance product, an online payment gateway (Pasarela Credibanco), the Credibanco Plus mobile app, and the merchant self-service portal HubConnect. It is a supervised Entidad Administradora de Sistemas de Pago de Bajo Valor regulated by the Superintendencia Financiera de Colombia, and serves as administrator of the legacy SPBV and the new SPBVI (Bre-B) real-time instant payments infrastructure developed in partnership with Banco de la República. Differentiated value propositions include PCI DSS Level 1 certification, ISO 9001, ISO 22301, SARLAFT, and ISAE 3402 SOC 1 Type II compliance, and a Dainsight merchant analytics module.

CredibanCo is majority-owned by Colombia's largest banks, with Banco de Bogotá (16.40%), Banco Davivienda (15.55%), Bancolombia (14.22%), BBVA Colombia (12.65%), and Scotiabank Colpatria (7.06%) as principal shareholders, which simultaneously serve as distribution channels for its acquiring services. Revenue is generated through transaction-based interchange and commission fees on POS, QR, and online gateway volume, plus recurring Network Access Service (SAR) fees adjusted annually to the Colombian CPI (IPC), and complementary services such as Dynamic Currency Conversion and merchant BI. The customer base spans retail, microbusinesses, SMEs (via the Chebre sub-brand), transportation, education, government, aggregators, payment gateways, and financial institutions; ticketed segments include all seven major shareholder banks and fintechs such as MOVii and Bold onboarded on Bre-B in 2025. The company has articulated a 2026 vision of COP 1.3 trillion in revenue with 60% from new market business development, and is led by Felipe Acevedo (Presidente Electo, formerly Mastercard and IBM).

Name

CredibanCo

Legal name

CredibanCo S.A.

Website

https://credibanco.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

501–1,000 employees

Short description

CredibanCo is Colombia's largest POS payment network operator, administering the SPBV and Bre-B instant payments rails and serving merchants, banks, and fintechs across retail, SMEs, transport, education, and government verticals. The company is majority-owned by major Colombian banks.

Ownership category

akta.pro rank

Product category

Payment Processing Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

akta.pro primary industry

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

Keywords

• Payment processing services
• POS terminal network
• Instant payment systems
• Online payment gateway
• Merchant acquiring services

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Payment Processing Services: CredibanCo generates revenue by processing electronic payments across POS terminals and online gateways, charging interchange fees, commission rates, and network access fees (SAR) to merchants and financial institutions.
2. System Administration Fees: Annual fees for Network Access Service (SAR) charged to merchants, with annual adjustments tied to the Colombian Consumer Price Index (IPC) as set by DANE.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

CredibanCo is a Colombian payment network operator and processor that provides electronic payment acceptance infrastructure for merchants and financial institutions. Its core offerings include POS terminals (datáfonos fijos and inalámbricos), QR code payment acceptance, an online payment gateway (Pasarela Credibanco), and the Bre-B instant payments system enabling 24/7 real-time interbank transfers. The company charges interchange fees, commissions, and annual network access fees (SAR) to merchants and banks for processing electronic payments across these channels.

Product overview

CredibanCo operates as a payment system administrator and payment service provider in Colombia with a platform-plus-modules architecture. The core offering centers on point-of-sale and online payment acceptance through card terminals (Datáfonos fijos e inalámbricos), QR code payments, and a payment gateway (Pasarela Credibanco). Supporting modules include HubConnect for merchant portal access, Dainsight for business analytics, and the Credibanco App Store for additional terminal functions. The company also enables instant payments through the Bre-B system and serves specific verticals including retail, transport, education, government, and SMEs through specialized solutions like Chebre. The product portfolio is designed for merchants ranging from micro-businesses to large retail chains and financial institutions.

Differentiator

Problem solved

Functional benefit

Brands

• Bre-B: An immediate payment system developed in partnership with the Banco de la República, enabling instant payments 24/7 between any connected banks and digital wallets.
• Credibanco Plus
• HubConnect
• Chebre

Products and services

• Datáfonos inalámbricos (Wireless POS Terminals) Wireless card payment terminals enabling merchants to accept electronic payments at any location, supporting point-of-sale and mobile payment scenarios.
• Datáfonos fijos (Fixed POS Terminals) Fixed card payment terminals installed at merchant point-of-sale locations for accepting electronic card payments.
• Códigos QR (QR Code Payments) QR code payment solution enabling merchants to accept payments through digital wallets and mobile applications by scanning customer QR codes.
• Pasarela Credibanco (Online Payment Gateway) Online payment gateway enabling internet-based transactions for merchants selling through websites or e-commerce platforms.
• Bre-B Instant Payments System Instant payment system developed by Banco de la República enabling real-time fund transfers 24/7 across different banks without transaction fees, with interoperability across financial institutions.
• Credibanco Plus Mobile App Mobile application enabling merchants to generate QR codes for receiving instant payments (including Bre-B) without requiring a physical card terminal, available on Android and iOS.
• Dainsight Business Intelligence Business intelligence and data analytics solution helping merchants understand transaction patterns and make strategic decisions for their businesses.
• Chebre (SME Payments) SME-focused payment brand offering simplified electronic payment acceptance for small and medium-sized businesses via the Chebre platform.
• CredibanCo API Marketplace for Developers API marketplace and developer portal enabling third-party developers to build payment solutions integrating with CredibanCo's payment infrastructure.

Segments9 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• MOViicoreTechnology or Integration · 1 July 2025Digital wallet provider participating in the Bre-B instant payments system. MOVii account holders can use their digital wallet to make and receive instant payments through CredibanCo's POS network.
• BoldcoreTechnology or Integration · 1 July 2025Payment solutions provider and Bre-B instant payments participant. Bold works with CredibanCo to enable merchants to receive instant payments via the Bre-B system.
• BancoomevacoreTechnology or Integration · 1 July 2025Financial institution participating in the Bre-B instant payments network with CredibanCo. Bancoomeva account holders can register their Bre-B key through CredibanCo's platform.
• Banco de la RepúblicacoreOthers · 1 July 2025Colombia's central bank that developed and impulsed the Bre-B instant payments system. CredibanCo serves as the administrator of the Sistema de Pagos de Bajo Valor Inmediatos (SPBVI) under the central bank's framework.
• VisacoreTechnology or IntegrationInternational card network (franchise) whose cards are accepted on CredibanCo's POS network. CredibanCo processes Visa transactions and publishes interchange rates set by Visa.
• UPI (Unión Popular Internacional)coreTechnology or IntegrationCard network franchise whose transactions are processed by CredibanCo. CredibanCo publishes interchange fee criteria and rates for UPI transactions in Colombia.
• American ExpresscoreTechnology or IntegrationInternational card network franchise processed through CredibanCo's payment network. CredibanCo publishes interchange fee criteria set by American Express.
• Copiloto ColombiaminorOthersA subsidiary company of CredibanCo, listed as one of CredibanCo's affiliated companies (filiales).
• Fundación Operación Sonrisa ColombiaminorOthersCharitable foundation supported by CredibanCo through donations that fund multidisciplinary treatments for children, youth, and adults with facial cleft conditions.
• Fundación United Way ColombiaminorOthersCharitable foundation supported by CredibanCo through volunteering and donations to help children in Colombia receive better education and stay in school.
• Hogar San Antonio de HondaminorOthersA religious community in Honda, Tolima that supports vulnerable elderly people. CredibanCo provides donations to help cover basic needs of abandoned elderly residents.

Scale indicators3 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• MercadoPago: Latin America's largest digital wallet and online payments platform with growing offline/QR acceptance. Competes with CredibanCo in QR-based merchant payments and online checkout, with stronger consumer brand awareness.
• Mastercard: Global card network processed via CredibanCo's payment infrastructure. Mastercard competes at the network level and pushes direct merchant relationships, creating both partnership dependence and disintermediation exposure for CredibanCo.
• Visa: Global card network whose cards are accepted and processed through CredibanCo's POS network. Visa sets interchange rates and competes at the network level; Visa Direct is a long-term disintermediation risk for traditional acquirers.
• Stripe: Global online payments infrastructure provider expanding aggressively in Latin America. Competes with CredibanCo's Pasarela Credibanco in the online/e-commerce gateway segment and represents a global incumbent threat to local acquirers.

Emerging players

• dLocal: Cross-border payments infrastructure provider serving global merchants entering Latin America. Comparable in the payments infrastructure category and operates in Colombia, offering emerging competition for international-facing merchant processing.

Direct peers

• PayU: LatAm-focused payment gateway and processor with strong presence in Colombia and across Latin America. PayU competes with CredibanCo's Pasarela Credibanco in the online/e-commerce gateway space and in merchant payment orchestration.
• Redeban: Colombia's other major payment network and acquirer. Redeban is the closest direct competitor to CredibanCo, processing card transactions and operating POS networks across the same Colombian merchant base with similar bank shareholder structures.

Regional players

• Rede: Brazil's large payment network and acquirer (formerly Redecard). Comparable to CredibanCo as a national payment network operator serving merchants through acquirers, but focused exclusively on the Brazilian market.
• PagBank (PagSeguro): Brazilian merchant acquirer and digital bank offering POS terminals, payment gateway, and instant payments. Comparable business model (acquirer + instant payments) but focused on the Brazilian market.
• Getnet: Multi-country payment processor (Brazil, Mexico, Argentina, Chile, Uruguay) under Santander. Comparable as a regional acquirer and payment processor serving merchants across LatAm, though primarily outside Colombia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/credibanco_
• YouTubeyoutube.com/channel/UC_C7uAOAH9RMzZs-CKCZ62w
• Facebookfacebook.com/credibancooficial
• LinkedInlinkedin.com/company/credibanco
• Instagraminstagram.com/themefusion

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Subsidiaries1 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 CredibanCo