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Bitso is the largest cryptocurrency platform in Latin America, founded in 2014 and based in Mexico City. With over 8 million users and more than 1,700 institutional clients across Mexico, Argentina, Brazil, and Colombia, Bitso has established itself as a trusted leader in the region. The company achieved a valuation of $2.2 billion after a successful $250 million Series C funding round. Bitso provides a comprehensive ecosystem for buying, selling, and trading cryptocurrencies, supporting bitcoin and at least eight other digital currencies. Its offerings include solutions for remittances, payments, trading, and treasury management, catering to retail users, traders, businesses, and institutional clients. Bitso Business offers stablecoin-powered solutions for cross-border payments and treasury management, with automation tools available through API integration. The company prioritizes security, implementing advanced protections and collaborating with partners to ensure a secure platform for its users. Bitso aims to bridge traditional finance and cryptocurrencies, making digital assets accessible and reliable for all investors and businesses in Latin America.
Crypto Exchange and Payment API Gateway
Ualá is an Argentine fintech company founded in 2017, dedicated to enhancing financial inclusion in Latin America, particularly in Argentina, Colombia, and Mexico. The company offers a fully digital financial ecosystem centered around a mobile application linked to a Mastercard prepaid debit card. This platform allows users to manage their finances easily and securely without needing a traditional bank account. With over 8 million users, Ualá provides a range of services through its app, including online and in-store purchases, instant money transfers, bill payments, and access to savings, loans, and investments. The company also supports businesses with payment terminals and integration solutions. Ualá operates on a freemium model, with no fees for account management, generating revenue primarily through Mastercard interchange fees. In 2023, Ualá secured a full banking license, enabling it to offer its own banking services. The company leverages cloud-native technology and advanced data analytics to deliver a seamless user experience, catering to a young, tech-savvy customer base seeking convenient financial management tools.