back Back

i2c selected by leading payments innovators across Latin America, Caribbean

By Edlyn Cardoza

January 19, 2022

  • ACH programs
  • Banking technology
  • Caribbean
Share

i2c, Digital Payments, Latin America, Caribbean, USA, Banking Technology, ACH programs, FinTech, Financial Institutioni2c Inc.a leading digital payment and banking technology provider, recently announced that the company has been selected to power payment programs across nine countries in Latin America and the Caribbean and is set to partner with some of the most innovative financial services providers throughout the region.

At present, i2c is supporting the launch and implementation of 22 programs across Antigua, Argentina, Belize, Brazil, the Dominican Republic, Jamaica, Mexico, Peru, and Puerto Rico. The use cases range to include credit, debit, prepaid, cryptocurrency and ACH programs, allowing for emerging and established financial institutions and FinTechs to build with faster innovation cycles and time to market via i2c’s single “plug-and-play” platform. Clients include: Banco Popular (Dominican Republic), Cornerstone Trust & Merchant Bank (Jamaica), Credijusto (Mexico), Crypto.com (Brazil), Facebank (Puerto Rico) and several others to be named in the coming months.

“Latin America is primed for payment innovations that work to accelerate financial inclusion and build tomorrow’s financial infrastructure,” said Kevin Fox, Global Head of Sales of i2c. “Not only are we experiencing strong demand for next-gen payments solutions from prospective clients, but our existing LAC partners are projecting an average of 200% growth in their account volume for the programs that have already been launched.”

i2c launched their first Latin American partnership in 2021 and is the region’s only enabler that offers network access to every significant card brand, including American Express, Discover, Mastercard, Visa, and UnionPay.

“Crypto.com is proud to have expanded our crypto card offering from the US to many regions worldwide, the latest being Latin America,” said Filomena Ruffa, General Manager Latin America, Crypto.com. “Working with a single enablement processor that possesses deep domain knowledge of multi-currency programs and unmatched global reach has been a game changer for our team. With this support we’ve been able to maintain a consistent brand and user experience to meet our customers’ expectations while scaling quickly to serve our users in a new market.”

“We’re seeing increased interest from our clients in the US, EU, and APAC regions that want to tap into the LAC market,” added Fox. “In response, we are excited to continue investing in local commercial and technical resources, as well as integrating with local switches and other ecosystem participants to provide innovative payment products to clients and end-users throughout the region.”

Startup investment in Latin America totalled $9.3 billion in 2021, a 211% increase from the amount invested into the region’s sector in 2020. This influx of capital reflects the region’s increasing demand for accelerated digital adoption and modern payment products, a demand that i2c is dedicated to continue to meeting in 2022 and beyond.

Recently, IBS Intelligence reported that i2c Inc., a digital payments and banking technology provider, had announced its partnership with Vancouver-based FinTech Euro Asia Pay to establish a footprint for Hero Financials in the United States.

Previous Article

January 19, 2022

Allica Bank selects SaaScada to deliver innovative products to its customers

Read More
Next Article

January 19, 2022

Cambridge & Counties Bank selects nCino to enhance client service and drive growth

Read More







Advertise with us



IBSi Daily News Analysis

The Weekly Wrap

July 01, 2022

ACH programs

The Weekly Wrap: all you need to know by Friday COB | July 1st

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 01, 2022

IBS Intelligence recognizes Temenos as the #1 Best-Selling Banking Software in Six Categories

Read More

July 01, 2022

GoCardless to acquire Open Banking platform Nordigen

Read More

July 01, 2022

5 FinTech tweets you should see!

Read More

Related Reports

Sales League Table Report 2022

£ 1,500.00 / year

Know More
Global Digital Banking Vendor and Landscape Report Q1 2022

£ 1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q1 2022

£ 1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q1 2022

£ 1,500.00 / year

Know More
Treasury and Capital Markets Systems Report 2021

£ 1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022