Kuady, a payments service processor, has recnetly announced the expansion of its digital wallet services into Mexico, a move that is further building on its rollout in Peru, Chile as well as Argentina.
This latest business expansion effort offers a seamless and secure experience for managing money via an intuitive digital wallet app.
The launch in Mexico signifies Kuady’s ongoing growth across the Latin American region, broadening access to the market for global organisations.
This expansion will aim to enable cross-border transactions for these organisations, with additional Latin American countries “continuing to be added on a monthly basis.”
By expanding its operations, Kuady says that it is focused on enhancing financial access and inclusion across Latin America, enabling more people to participate in the digital economy.
Kuady also has plans for future business expansion into Europe and other jurisidictions.
As noted in the update, Kuady operates under an Electronic Money Transmission Services license granted by the Isle of Man Financial Services Authority, providing payment processing services “for merchants and offering a customer e-wallet app.”
As mentioned in the announcement, some of the key features include robust chargeback protection, a variety of deposit options such as “cards, online bank transfers, and cash, as well as instant payouts for customers, addressing the needs of those who face challenges accessing their funds.”
Lorenzo Pellegrino, CEO at Kuady said that expanding into Mexico represents a significant milestone for Kuady, as they continue their “mission to drive financial inclusion and innovation across Latin America.”
They added that by facilitating cross-border transactions, they aim to create a more interconnected financial ecosystem “that benefits both our partners and the communities they serve.”
Launched in July 2024, Kuady is a digital wallet app that aims to improve financial management for merchants and users.
With a focus on financial inclusion, Kuady provides payment methods and a range of benefits for merchants and users.
Kuady is a digital wallet app that aims to enhance financial management for merchants and users worldwide.
With a focus on innovation, user-friendliness, and financial inclusion, Kuady provides diverse payment methods as well as “a range of benefits for both merchants and users.”
