- Kushki, a provider of payments technology, has launched a service called Kushki Mundial for businesses based in the Latin America region.
- Firms that are not based in the region will be able to use the new service as a way to join forces with the payment solutions on offer in the region through Kushki.
- “I am very excited about the potential Kushki Mundial has to address the needs of global businesses by providing a quick and easy route to start accepting payments or enhance existing operations in Latin America,” said a senior figure at the company.
Kushki, a provider of payments technology for international money transfer services in the Latin America region, has announced a new division of its business.
The firm said that it had launched a service called Kushki Mundial for businesses based in the region. Firms that are not based in the region will also be able to use the new service as a way to join forces with the payment solutions on offer in the region through Kushki.
It is expected that the Mundial service will be a major part of the firm’s growth strategy over the next few years and that it will have a number of benefits for clients, including boosted authorisation rates.
It is also expected that payment settlements will be able to take place faster as a result, and that revenue generation opportunities will be enhanced.
Andy Myers, General Manager of Kushki Mundial, said that clients now had a simple and speedy way of taking payments.
“I am very excited about the potential Kushki Mundial has to address the needs of global businesses by providing a quick and easy route to start accepting payments or enhance existing operations in Latin America,” he said.
He added that the company had focused on ensuring that it had senior sector figures in post in its offices.
“We have built an incredible team of experienced leaders in payments to unlock this huge payments potential in the region,” he explained.
In the press statement, the company shared more details about its history in the sector. The firm operates in five countries and is growing by leveraging local teams to provide customised solutions for clients in each nation. The launch of its new payments division follows a number of other milestones.
These include the announcement of its $186m Series B fundraising round in June, which valued the firm at more than $1bn, and the acquisition of Billpocket, a financial services firm based in Mexico, in August.
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