Koywe, a financial services provider with a focus on stablecoins and payments in LATAM, has partnered with Portal to expand their stablecoin offerings. The notable YC alum has established a strong brand in LATAM with their initial product solutions for businesses in the region, including billing and invoicing APIs and local and cross-border smart payments. Now, using Portal’s Web SDK, they have launched “Koywe Business Accounts” that offer simple business banking for LATAM companies looking to hold both their local currency and stablecoin-based dollars.

The Challenge

Koywe already offered businesses the ability to buy and sell stablecoins and settle in local currency within minutes, but were looking to offer their customers non-custodial accounts for them to hold their funds rather than having to always on- and off-ramp from their banks. By offering this service, Koywe can serve as the primary account for a business, offering them lower fees, faster settlement, and simple cross-border coordination.

Why Koywe chose Portal

While Koywe considered many options, ultimately it was a combination of product, price, and team that convinced them to build with Portal.

• Secure, reliable, and customizable wallets: Portal is built to support the needs of both payment startups and enterprises, with reliability and security at its core. As Koywe continues to grow, it can feel assured that the tech will scale as its customer needs grow. 
• Flexible pricing: Portal understands that companies just getting started have specific and changing needs and benefit from working with partners that can adjust to their needs on an ad hoc basis. Portal worked with Koywe to determine a pricing proposal that fit their parameters.
• Collaboration between teams: Although Portal is known to have excellent documentation, questions will always arise when integrating something new into an established tech stack. Koywe has relied on the collaboration and support of the Portal team to ensure the product delivered to their customers is of the highest quality and with the smoothest user experience.

‍

To learn more about the partnership, visit koywe.com or explore Portal.