By Sukanya Ganesh — Jun 19, 2023

🇪🇨 Bringing Crypto to Latin America

Kushki - improving the Web3 economy in Latin America

Today's Highlights

Kushki - revolutionizing the Latin American economy

Blockchain events - upcoming events in the blockchain/web3 world.

In Other News - a few interesting developments we're tracking.

Kushki - revolutionizing the Latin American economy

Kushki is an Ecuadorian payment infrastructure startup that was created with the goal to shape the economy of Latin America. The platform presents a robust payment gateway that can process 75K transactions per second in the conditions of 99.99% uptime. This is a reliable payment processing partner that operates in the region of Latin America.

Merchants can accelerate the conversion if they resort to the payment option that guarantees a frictionless shopping experience along with convenient payment processing. The members of the company call it conversion optimization. It is possible to select the integration solution depending on the model of business. It can be API, plugins, libraries, smartlinks or payment buttons. The company sticks to the highest security standards in its work that decreases fraud and helps to manage risk easily.

The company employs smartlink, a highly effective conversion solution. The tool leads customers to direct purchase. The system creates Kajitas, personalized payment forms, which are needed to receive payments from the store or web app without problems. It is a quick and secure method that can be implemented through two payment forms. These are Cajita, a non-customizable payment form of pre-defined payments, and Kajita, which enables customization from the Administration console.

The payment button allows accepting payments with bank cards, cash, and transfers. This button generates a URL that includes the payment form, which expires in 15 minutes. It is used to redirect customers and to urge them to buy the commodity or service. The payments are hosted on the servers of the company, hence are secure. The payment button is also customizable, and can be customized from the console. It is easily integrated to the ecommerce platform and comes integrated with security validation services (Sift, OTP). Merchants can activate the preview of the button, and then edit the result to the preferences. There is also a default timer offered to merchants to encourage conversions.

Kushki has raised a total of $194M in funding. Aron Schwarzkopf, Daniela Espinosa, Jose Santacruz, Melissa Castro and Sebastian Castro are the founders of Kushki.