Problem
For LATAM businesses, the problem isn't just moving money, it's accessing dollars at all. Local currencies devalue, capital controls bite, and a stable USD business account is out of reach for most SMEs. On top of that, every cross-border payment runs through correspondent banking that charges 3 to 10%, takes up to 5 days to settle, and rejects roughly 40% of LATAM SMEs outright. At those rates, well over $100B a year is drained from LATAM businesses through fees and layers of intermediaries. Companies are left without dollar access, without speed, and without modern financial tooling.


