Liquido, the next generation payments company for Latin America, today announced that it has received its payment institution licence from the Central Bank of Brazil, marking an important milestone in its mission to facilitate seamless financial transactions in Latin America's largest economy. This new achievement enables the company to expand the possibilities with its end-to-end payment services, enabling such directions as digital banking support, large-scale e-wallet management, flexible payment infrastructure, automated FX services and more.
Liquido's newly licensed licence allows the company to expand services and offer a variety of payment-related technology solutions to its customers. The company will leverage this opportunity to enhance the financial landscape in Brazil, as well as in other major Latin American countries, by providing a secure, customer-focused platform that caters to the diverse needs of its customers across different verticals.
"This is more than just a regulatory milestone; it is a testament to Liquido's unwavering commitment to innovation, security and customer focus in the payment services sector," said MK Li, co-founder and CEO of Liquido. "We look forward to continuing our innovation and contribution to Latin America's vibrant financial ecosystem and evolving digital payments domain."
Liquido also announced that it has processed more than $1.5 billion to date for its customers and is on track to surpass the $2 billion mark in a few months. The company came out of stealth to launch publicly in May 2023 and has been the only company to offer a "one-click" WhatsApp payment experience in the Latin American market. Liquido has extended this experience to several of its extended payment products and solutions in recent months, e.g. its WhatsApp Mini Store, WhatsApp Payment Recovery, WhatsApp Referral Shopping, etc.
Liquido, the next generation payments company for Latin America, today announced that it has received its payment institution licence from the Central Bank of Brazil, marking an important milestone in its mission to facilitate seamless financial transactions in Latin America's largest economy. This new achievement enables the company to expand the possibilities with its end-to-end payment services, enabling such directions as digital banking support, large-scale e-wallet management, flexible payment infrastructure, automated FX services and more.
Liquido's newly licensed licence allows the company to expand services and offer a variety of payment-related technology solutions to its customers. The company will leverage this opportunity to enhance the financial landscape in Brazil, as well as in other major Latin American countries, by providing a secure, customer-focused platform that caters to the diverse needs of its customers across different verticals.
"This is more than just a regulatory milestone; it is a testament to Liquido's unwavering commitment to innovation, security and customer focus in the payment services sector," said MK Li, co-founder and CEO of Liquido. "We look forward to continuing our innovation and contribution to Latin America's vibrant financial ecosystem and evolving digital payments domain."
Liquido also announced that it has processed more than $1.5 billion to date for its customers and is on track to surpass the $2 billion mark in a few months. The company came out of stealth to launch publicly in May 2023 and has been the only company to offer a "one-click" WhatsApp payment experience in the Latin American market. Liquido has extended this experience to several of its extended payment products and solutions in recent months, e.g. its WhatsApp Mini Store, WhatsApp Payment Recovery, WhatsApp Referral Shopping, etc.