Dock, an innovator in financial technology infrastructure across Latin America, announced today the launch of new regional offices and key growth milestones. The new offices are located in Mexico City, Mexico; Lima, Peru; Santiago, Chile; and Bogotá, Colombia. Dock is also setting up operations in Buenos Aires, Argentina, by the end of the first quarter of this year, and in Quito, Ecuador, and Santo Domingo, Dominican Republic, later this year. The launch of Dock’s local operations solidifies the company’s position as the largest payments infrastructure provider in Latin America. This expansion follows a series of recent acquisitions and is part of the company’s plans to tap into the $16 billion total addressable market for banking-as-a-service and the $2.5 billion total addressable market for card processing in the Latin American region.
Dock is a leading provider of modern financial technology infrastructure in Latin America. Dock unlocks business value, innovation, and scalability for its customers by offering Card Issuing, Digital Banking and Acquiring through its comprehensive platform. Dock’s modular solutions enable mission-critical processes that accelerate a company’s ability to bring new digital payments and banking services to market. The result is a wider array of innovative products, greater consumer access to financial services, and improved customer experiences. Dock powers 49 million active accounts and more than 5 billion annual transactions through its cloud-based platform, reducing the operational and regulatory burden and offering other valuable tools through its partner ecosystem to clients, so that they can focus on their end-user experience.