About FacilitaPay

FacilitaPay offers a payment and banking-as-a-service platform that enables global companies to integrate local payment methods across four Latin American countries through a single API. By providing over 120 payment options and facilitating secure transactions, the platform addresses the challenge of accessing diverse local payment ecosystems, allowing businesses to expand their customer base and streamline payouts.

```xml <problem> Global companies face significant challenges integrating diverse local payment methods in Latin America, hindering their ability to access new markets and streamline payouts. The complexity of navigating over 120 different payment options across Brazil, Mexico, Colombia, and Chile creates operational overhead and limits customer reach. </problem> <solution> FacilitaPay offers a payment and banking-as-a-service platform that simplifies access to Latin American markets by providing a single API for integrating local payment methods. The platform supports over 120 payment options, enabling businesses to expand their customer base and facilitate secure transactions. FacilitaPay's solution is designed to adapt to different business models, fund flows, regulations, and risk levels, offering customized solutions for diverse customer needs. The platform's scalable infrastructure ensures high-demand payment processing with 99.999% uptime and 24x7 monitoring. Advanced technology and machine learning tools enhance authorization rates on card transactions while minimizing risks through a localized fraud engine. </solution> <features> - Single API integration for accessing over 120 local payment methods across Brazil, Mexico, Colombia, and Chile. - Customizable platform adapting to various business models, fund flows, regulations, and risk levels. - Scalable infrastructure designed for high-demand payment processing with 99.999% uptime. - Advanced technology and machine learning tools to boost approval rates on card transactions. - Localized fraud engine to minimize risks. - Actionable reporting providing valuable data on transactions and customer behavior. - Mass payout capabilities for paying users, sellers, suppliers, and contractors in local currency. </features> <target_audience> The primary customers are international e-commerce businesses, SaaS providers, global remittance companies, investment firms, B2B payment platforms, payment aggregators, crypto exchanges, social media platforms, and streaming services seeking to expand into Latin America. </target_audience> <revenue_model> FacilitaPay generates revenue by providing access to its platform and charging fees based on transaction volume and specific services utilized. In 2023, FacilitaPay processed over $6 billion in secure payments. </revenue_model> ```

What does FacilitaPay do?

Where is FacilitaPay located?

FacilitaPay is based in Miami, United States.

When was FacilitaPay founded?

FacilitaPay was founded in 2017.

How much funding has FacilitaPay raised?

FacilitaPay has raised 500000.

Location

Miami, United States

Founded

2017

Funding

500000

Employees

62 employees

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FacilitaPay

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Executive Summary

facilitapay.com 10K+

Crunchbase

Founded 2017 – Miami, United States

Funding

Estimated Funding

$500K+

Team (50+)

No team information available.

Company Description

Problem

Global companies face significant challenges integrating diverse local payment methods in Latin America, hindering their ability to access new markets and streamline payouts. The complexity of navigating over 120 different payment options across Brazil, Mexico, Colombia, and Chile creates operational overhead and limits customer reach.

Solution

FacilitaPay offers a payment and banking-as-a-service platform that simplifies access to Latin American markets by providing a single API for integrating local payment methods. The platform supports over 120 payment options, enabling businesses to expand their customer base and facilitate secure transactions. FacilitaPay's solution is designed to adapt to different business models, fund flows, regulations, and risk levels, offering customized solutions for diverse customer needs. The platform's scalable infrastructure ensures high-demand payment processing with 99.999% uptime and 24x7 monitoring. Advanced technology and machine learning tools enhance authorization rates on card transactions while minimizing risks through a localized fraud engine.

Features

Single API integration for accessing over 120 local payment methods across Brazil, Mexico, Colombia, and Chile.

Customizable platform adapting to various business models, fund flows, regulations, and risk levels.

Scalable infrastructure designed for high-demand payment processing with 99.999% uptime.

Advanced technology and machine learning tools to boost approval rates on card transactions.

Localized fraud engine to minimize risks.

Actionable reporting providing valuable data on transactions and customer behavior.

Mass payout capabilities for paying users, sellers, suppliers, and contractors in local currency.

Target Audience

The primary customers are international e-commerce businesses, SaaS providers, global remittance companies, investment firms, B2B payment platforms, payment aggregators, crypto exchanges, social media platforms, and streaming services seeking to expand into Latin America.

Revenue Model

FacilitaPay generates revenue by providing access to its platform and charging fees based on transaction volume and specific services utilized. In 2023, FacilitaPay processed over $6 billion in secure payments.