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P2P taps Mbanq to simplify banking for Brazilians in the US

By Gloria Mathias

January 24, 2025

  • AI
  • Artificial Intelligence Platform
  • ASEAN Markets
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MbanqMbanq, Fintech News, Fintech solutions, IG Tech Cambodia, BaaS, Banking as a Service, Digital Banking, SEA, ASEAN Markets, White Label, Digotal Banking, Mobile Banking, FinTech Solutions, Mbanq Comet, FinTech AI, News America, Fintech USA, Ai, Artificial Intelligence Platform,, a global provider of banking-as-a-service (BaaS) and financial technology solutions, has partnered with P2P, a digital financial platform dedicated to serving the Brazilian immigrant community in the United States.

P2P leverages Mbanq’s technology, white-label app, and regulatory and compliance expertise to provide secure, scalable, and customised financial solutions that address the unique needs of its target audience: Brazilians who live and work in the USA.

P2P aims to simplify the financial journey for the over one million Brazilian immigrants who are navigating the complexities of the US financial system. The platform offers multi-currency accounts, physical and virtual debit cards, streamlined money transfer services, and 24/7 access to financial tools to help users manage their finances across borders.

P2P delivers anytime, anywhere access to financial services, continuously providing mobility and convenience. Smooth onboarding makes account opening quick and easy, and transactions are secured with advanced technologies. P2P’s financial products offer low interest rates, and flexible account management options allow users to tailor their banking experience to suit their needs.

Mbanq contributes to P2P’s growth by providing a white-label mobile application that delivers a fully branded digital experience. Additionally, Mbanq ensures regulatory compliance by facilitating P2P’s alignment with US financial regulations and securing approvals from sponsor banks for smooth and compliant operations.

Vlad Lounegov, CEO of Mbanq, said, “This partnership demonstrates Mbanq’s commitment to empowering FinTech platforms to achieve their vision. Mbanq provides the necessary technology, compliance expertise, and scalability to help P2P deliver secure and flexible financial solutions tailored to the Brazilian community in the United States.”

Ramiro Silva, CEO of P2P, shared, “Mbanq’s support has been instrumental in helping us create and launch this solution efficiently while maintaining the highest standards of security and compliance. Mbanq’s expertise in mobile app development and regulatory alignment has allowed us to focus on our mission of providing financial tools that meet the unique needs of our users—the Brazilian community in the United States and beyond.”

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