i2c Inc., a leading digital payment and banking technology provider, recently announced that the company has been selected to power payment programs across nine countries in Latin America and the Caribbean and is set to partner with some of the most innovative financial services providers throughout the region. At present, i2c is supporting the launch and implementation of 22 programs across Antigua, Argentina, Belize, Brazil, the Dominican Republic, Jamaica, Mexico, Peru, and Puerto Rico. The use cases range to include credit, debit, prepaid, cryptocurrency and ACH programs, allowing for emerging and established financial institutions and FinTechs to build with faster innovation cycles and time to market via i2c’s single “plug-and-play” platform. Clients include Banco Popular (Dominican Republic), Cornerstone Trust & Merchant Bank (Jamaica), Credijusto (Mexico), Crypto.com (Brazil), Facebank (Puerto Rico) and several others to be named in the coming months.
i2c launched their first Latin American partnership in 2021 and is the region’s only enabler that offers network access to every significant card brand, including American Express, Discover, Mastercard, Visa, and UnionPay. Startup investment in Latin America totalled $9.3 billion in 2021, a 211% increase from the amount invested into the region’s sector in 2020. This influx of capital reflects the region’s increasing demand for accelerated digital adoption and modern payment products, a demand that i2c is dedicated to continuing to meet in 2022 and beyond.