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§ Private Profile · Miami, FL, USA
Crypto payment infrastructure provider offering APIs/SDKs for crypto on/off ramps and cross-border payments for developers and businesses in Latin.
Koywe has raised $3.0M across 2 funding rounds.
Key people at Koywe.
Koywe was founded in 2022 by Guillermo Acuña (Founder) and Ignacio Detmer (Co-Founder).
Koywe has raised $3.0M in total across 2 funding rounds.
Koywe is a Miami, FL-based fintech company offering payment APIs and SDKs for crypto services, specializing in on and off ramps for Latin America. It facilitates cross-border payments via blockchain for developers, companies, and SMBs across 5 countries, including Chile, Colombia, Peru, Mexico, and the USA. The company, with 7 employees, secured a $2.5 million seed round in January 2023, with early funding also coming from Cristóbal Piñera's VC fund. Co-founder Ignacio Detmer (ex-Frontier Car Group) and Guillermo Acuña (co-founder Cumplo) lead the company. Koywe expanded into North America by acquiring Chilean fintech Facto, founded by Mickle Foretic, in April 2024. It was founded in 2022 by Ignacio Detmer and Guillermo Acuña. Its business model centers on not specified in available sources.
Koywe was founded in 2022 by Guillermo Acuña (Founder) and Ignacio Detmer (Co-Founder).
Koywe has raised $3.0M in total across 2 funding rounds.
Koywe's investors include 20VC, Abstract Ventures, Alumni Ventures, Alven, Arrive, Ascend Vietnam Ventures, Broadhaven Capital Partners, CFV Ventures, Coatue, Cubit Investments Ltd, FTX Ventures, Lionheart Ventures.
Koywe is a Latin America-focused crypto infrastructure company that provides compliant, easy-to-integrate on and off-ramp APIs and SDKs for converting between local fiat currencies and cryptocurrencies, particularly stablecoins. Its platform serves fintechs, web3 projects, payment service providers, and businesses by enabling seamless remittances, USD wallets, investments, and cross-border payments with local currency support in countries like Chile, Mexico, Colombia, Peru, and Argentina. Koywe addresses the problem of financial exclusion and high transaction costs in Latin America by offering fast, affordable, and regulatory-compliant crypto payment rails, helping millions gain access to digital financial services and bridging traditional banking with the emerging crypto economy[3][7][1].
Founded in 2022 by Ignacio Detmer and his team, Koywe emerged from a deep understanding of Latin America's financial challenges and the founders' 15 years of startup experience. The idea was born from the need to simplify access to crypto infrastructure in a region where existing processes were cumbersome and fragmented. Early traction included launching local on/off ramps in key LATAM countries and securing partnerships with global players like Stables and Borderless.xyz, which expanded their liquidity and payment network reach. The company also acquired Facto to strengthen its US presence and enhance invoicing and payment solutions for SMBs, marking pivotal growth milestones[3][7][1][2].
Koywe rides the wave of rapid crypto adoption in Latin America, where countries like Brazil, Argentina, and Mexico rank high in global crypto adoption indexes due to currency devaluation and financial exclusion. The timing is crucial as LATAM fintech is booming, and demand for efficient, low-cost cross-border payments and remittances is soaring. By providing infrastructure that connects traditional finance with crypto, Koywe enables new business models and financial inclusion, influencing the broader ecosystem by making crypto payments mainstream and accessible for businesses and individuals alike[1][3][2].
Koywe is positioned to become a foundational infrastructure player in Latin America’s crypto-financial ecosystem. Its next steps likely include expanding its geographic footprint, deepening liquidity partnerships, and enhancing product offerings such as invoicing and payment automation for SMBs, especially with its US market ambitions post-Facto acquisition. Trends shaping its journey include increasing stablecoin adoption, regulatory clarity in LATAM, and growing demand for seamless fiat-crypto interoperability. Koywe’s influence is expected to grow as it helps democratize financial services, making crypto a practical tool for everyday transactions and cross-border commerce across the Americas[7][2][3].
In summary, Koywe is not just a crypto on/off ramp; it is a critical infrastructure enabler driving financial inclusion and innovation in Latin America’s evolving digital economy.
Koywe has raised $3.0M across 2 funding rounds. Most recently, it raised $1.0M Seed in January 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 1, 2023 | $1M Seed | — | 20VC, Abstract Ventures, Alumni Ventures, Alven, Arrive, Ascend Vietnam Ventures, Broadhaven Capital Partners, CFV Ventures, Coatue, Cubit Investments LTD, FTX Ventures, Lionheart Ventures, Mercato Partners, Multicoin Capital, Pareto Holdings, Pioneer Fund, Polychain Capital, Race Capital, Redpoint Ventures, RTP Global, SeaX Ventures, #secretfund, Sequel, Spark Capital, Stellar Capital, True Ventures, Uncork Capital, Union Square Ventures, Antoine Martin, Calvin CHU, Christian Reber, GUY Podjarny, JON KOL, Lyndon Rive, Martin LI, Nicolas Steegmann, Sahin Boydas, Simon Dawlat | Announced |
| Oct 1, 2022 | $2M Seed | — | Manutara Ventures, SeaX Ventures, Matt Turk | Announced |
Key people at Koywe.