Global66, a cross-border payments fintech, has officially rolled out its mobile app in Colombia, marking a significant step in its Latin American expansion and strengthening its footprint in the region.
The new app serves as an integrated digital wallet designed to streamline remittances. It adds flexibility by supporting multiple currencies and enabling users to send or receive funds to diverse locations around the world, all from a single platform.
As stated by Tomás Bercovich, co-founder and CEO of Global66, the company aims to serve individuals and small and medium-sized enterprises that have historically been underserved by traditional finance. The goal is to offer flexible solutions that align with globalization and the broad opportunities it creates.
Global66 commits to enabling international transfers within minutes from any iOS or Android device, allowing users to send money to more than 60 destinations without leaving home, all at competitive rates.
Whether it is a person providing monthly financial support to family, a student pursuing professional opportunities abroad, or an entrepreneur seeking to internationalize a business or access global talent, the app represents a practical step toward financial inclusion and broader economic participation.
One standout feature is the wallet’s multi-currency capability, which helps users shield themselves from currency fluctuations by converting funds into dollars, euros, and other currencies without incurring the typical costs of opening or maintaining foreign accounts. This approach addresses inflationary pressures common in the region and supports ongoing growth and stability.
Inflation-related devaluation is a reality for many households and firms in Latin America, yet Global66 emphasizes that practical solutions exist. The multi-currency wallet aims to make universal currencies more accessible, expanding growth opportunities and economic stability for Colombians and others using the service.
Account setup requires only a government-issued ID or a foreign-number device, simplifying onboarding. With Colombia now on the map, the company anticipates attracting 100,000 new active users, facilitating 400,000 remittance transactions, and surpassing one million total transfers.
Colombia represents a pivotal milestone after more than two years of preparation. The initiative aligns with large-scale regional ambitions, and the company operates under the mandate of the Financial Inspectorate of Colombia to function as a specialized electronic deposits and payments entity. The local leadership emphasizes a collaborative effort, with a growing team that includes more than 80 Colombian professionals and over 250 colleagues from other countries contributing to a highly innovative platform aimed at making everyday life easier for society.
Source: Lare Publica