# Koywe **Source:** https://geo.sig.ai/brands/koywe **Vertical:** Finance **Subcategory:** General **Tier:** Emerging **Website:** koywe.com **Last Updated:** 2026-04-14 ## Summary Uruguay YC W23 compliant crypto on/off-ramp APIs for Latin America in Chile/Mexico/Colombia/Peru; $1.6M Manutara/Daedalus seed, acquired FACTO Jun 2024, joined Borderless May 2025, 5x MoM growth competing with Bitso for LatAm stablecoin payment infrastructure. ## Company Overview Koywe is a Montevideo, Uruguay-based crypto payment infrastructure company — backed by Y Combinator (W23) with $1.6 million in total funding including a $1.1 million seed in January 2023 led by Manutara Ventures with Daedalus Ventures, Bridge Latam, and Rhombuz — providing fintech companies, payment processors, and digital wallets across Latin America with fully compliant crypto on-ramp and off-ramp APIs and SDKs that enable stablecoin settlement in local currency within minutes. Operating in Chile, Mexico, Colombia, and Peru with 12 employees, Koywe acquired FACTO in June 2024 and joined the Borderless network in May 2025, achieving 5x month-over-month growth to become one of the leading LatAm compliant crypto payment rails for remittances, USD wallet funding, and foreign exchange products. Koywe's compliant crypto payment infrastructure addresses the regulatory complexity that companies building Latin American crypto products face: converting fiat currency (Chilean pesos, Mexican pesos, Colombian pesos, Peruvian soles) to stablecoins (USDC, USDT) and back requires local regulatory compliance in each jurisdiction — exchange licenses, KYC/AML programs, anti-money laundering reporting to local financial intelligence units, and integration with local payment rails (SPEI in Mexico, PSE in Colombia, Transbank in Chile). Each country has different regulatory frameworks for virtual asset service providers (VASPs) — building and maintaining these compliance programs requires legal teams and regulatory expertise in each market. Koywe's compliance-as-a-service model (handling the regulatory licensing, KYC/AML infrastructure, and local payment rail integrations in all four markets) enables fintech product companies to launch crypto payment features in Latin America through a single API integration rather than building multi-country compliance programs independently. In 2025, Koywe competes in the Latin American crypto payment rails, stablecoin infrastructure, and cross-border payment market with Bitso (LatAm crypto exchange, $250M raised at $2.2B valuation), dLocal (emerging market payment processing, NASDAQ: DLO, $617M raised), and MercadoPago (NASDAQ: MELI, Argentina-based digital payments) for Latin American fintech company compliant crypto on/off-ramp infrastructure adoption. The FACTO acquisition (June 2024) expanded Koywe's payment infrastructure capabilities, and joining the Borderless network (May 2025) extends the compliant payment reach through Borderless's cross-border network. Y Combinator W23 backing connects Koywe with the Latin American fintech investor community. The 5x month-over-month growth validates strong product-market fit in the underserved LatAm compliant crypto infrastructure market. The 2025 strategy focuses on expanding to additional LatAm markets (Brazil, Argentina), building the B2B remittance corridor products (USD-to-local-currency settlement for workers sending money home), and growing the enterprise fintech partnerships for embedded stablecoin payment features. ## Frequently Asked Questions ### What is Koywe? Koywe is a Montevideo, Uruguay-based crypto on and off ramp company that provides fully compliant payment APIs and SDKs for Latin America. Founded in 2022, the company enables stablecoin settlement in local currency within minutes through compliant payment rails. ### What products and services does Koywe offer? Koywe offers crypto on and off ramp services through fully compliant payment APIs and SDKs for Latin America. The platform enables remittances, USD wallets, FX products, and delivers stablecoin settlement in local currency within minutes. ### Who is Koywe for? Koywe targets businesses and services that need crypto liquidity through compliant payment rails in Latin America. The company serves customers looking for remittances, USD wallets, and FX products with stablecoin settlement capabilities. ### When was Koywe founded? Koywe was founded in 2022 and participated in Y Combinator's Winter 2023 batch. ### Where is Koywe based and where does it operate? Koywe is headquartered in Montevideo, Uruguay. The company is currently live in Chile, Mexico, Colombia, and Peru. ### How much funding has Koywe raised? Koywe has raised $1.6M in total funding, including a $1.1M seed round in January 2023. The seed round was led by Manutara Ventures with participation from Daedalus Ventures, Bridge Latam, and Rhombuz. ### What are Koywe's key achievements and metrics? Koywe has achieved 5x month-over-month growth and has 12 employees. The company participated in Y Combinator's Winter 2023 batch and has expanded operations across four Latin American countries. ### What is Koywe's technology approach? Koywe provides fully compliant payment APIs and SDKs that enable stablecoin settlement in local currency within minutes. The company focuses on delivering crypto liquidity through compliant payment rails for the Latin American market. ### How can I get started with Koywe? Based on the provided information, Koywe offers APIs and SDKs for integration. Specific contact or onboarding details are not provided in the available information. ### What are Koywe's recent developments? Koywe acquired FACTO in June 2024 and joined the Borderless network in May 2025. The company continues to operate across Chile, Mexico, Colombia, and Peru with fully compliant services. ## Tags b2b, fintech, blockchain, payment-processing, latin-america, startup --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*