Fintech Platform Nequi Plans to Get Into the Cryptocurrency Business in Colombia
news

Fintech Platform Nequi Plans to Get Into the Cryptocurrency Business in Colombia

THELOGICALINDIAN - Nequi a fintech neobank which accustomed Colombian citizens to analysis alldigital banking casework has appear its affairs for amplification afterwards accepting beggared means with Bancolombia the coffer that gave it its agent These affairs accommodate an access into the cryptocurrency apple while acknowledging with the banned set by accepted regulators

Colombian Nequi to Enter Crypto Market

More and added neobanks are because including cryptocurrencies in their account offerings. This is the case with Nequi, a fintech belvedere that is reportedly because authoritative an access into the crypto area in Colombia. The platform, which has added than ten actor customers, is now in talks to become an absolute aggregation and platform, amid itself from Bancolombia.

The advertisement was fabricated by Nequi’s CEO, Cipriano Lopez, in a webinar with Credicorp Capital, a captivation aggregation that additionally lends banking casework to its customers. Lopez explained that Nequi wants to accomplish a absolute access into the market, with acquiescence actuality one of its aboriginal concerns.

Nequi is currently apprehension authoritative approval to become an absolute banking aggregation in adjustment to administer the improvements and new affairs envisioned.

Strategy, Pandemic, and Growth

The admittance of cryptocurrency and added new appearance in the app is allotment of Nequi’s action to accumulate growing and abacus new users. The belvedere managed to abound awfully alike during the pandemic, accepting acquired over four actor barter during this time due to its all-digital business model.

This new annular of changes to the app are accepted to be accomplished in Q3 2022, with the break from Bancolombia actuality the agitator for the new appearance of its banking products. The CEO additionally declared that the app would be introducing new casework that will acquiesce Colombians to top up accessible busline cards, accomplish admission purchases — amid added casework — and to ability the acceptance of the platform.

Lopez is assertive that the aggregation will be assisting in the abutting months, and these affairs are directed to accomplish this goal. But the aggregation is not yet profitable, alike afterwards accepting accustomed subsidies from the government due to its agenda nature. The new action would accommodate giving credits to abundant users of the belvedere that accept acceptable clamminess to pay for them.

Colombia is currently apparent as a growing crypto hub by companies like Bitso, a Mexico-based barter that appear its amplification to the country in February.

What do you anticipate about Nequi accepting into the cryptocurrency business? Tell us in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons