Nequi and Payoneer partner to simplify international payments for Colombian users

By Puja Sharma

Nequi, Bancolombia’s digital financial platform, has joined forces with global payments provider Payoneer to enhance cross-border transactions for Colombian users.

Through this partnership, Nequi users can now transfer funds in US dollars or euros from their Payoneer accounts directly into their Nequi wallets, where they are instantly converted into Colombian pesos. This marks a key milestone for Nequi, which already provides over 30 financial services within its app. Notably, the integration introduces euro transactions for the first time, expanding the range of available currencies.

María del Pilar Correa, Nequi’s business strategy leader, highlighted the importance of adapting to global financial trends, stating, “This integration with Payoneer strengthens opportunities for our users, especially freelancers, entrepreneurs, and international business owners. They can now receive payments in multiple currencies quickly, securely, and cost-effectively.”

Mar Fernández, Payoneer’s SVP of Growth for Latin America, emphasised the partnership’s impact, saying, “By collaborating with Colombia’s leading neobank, Payoneer is addressing a crucial need—offering greater flexibility for Colombian entrepreneurs receiving international payments. This aligns with our mission to empower businesses worldwide to expand globally.”

To activate this new feature, users must link their Nequi and Payoneer accounts. Eligible users must be Colombian citizens over 18 with a valid national ID. Linking can be done directly through the Nequi app, where users can either connect an existing Payoneer account or create a new one within the platform. To ensure a seamless setup, both accounts must be registered under the same email address.

This integration reinforces Nequi’s position as a leading digital finance platform, expanding financial accessibility and empowering users with efficient global payment solutions.