Quppy Unveils Revolutionary Payout Service: Local Currency Transfers from Quppy Dedicated virtual IBAN Accounts

Quppy Unveils Revolutionary Payout Service in Latin America: Local Currency Transfers from Quppy Dedicated virtual IBAN Accounts

Quppy, a leading global financial technology innovator, is excited to announce exclusively at WebSummit Rio 2024 the launch in April 2024 of its groundbreaking payout service specifically tailored for the Latin American market. This new service allows users and businesses in Latin America to receive payments directly in their local currencies to their local bank accounts, utilizing a wide array of local payment methods, all from a dedicated Quppy IBAN account.

The introduction of this service marks a significant milestone in financial technology, bridging the gap between traditional banking and the digital finance world. By leveraging Quppy’s secure and efficient platform, users in Latin America can now enjoy the benefits of receiving payments from Europe and other regions directly into their local accounts without the need for currency conversion or international transfer fees.

Key Features of the New Service:

● Direct Payouts in Local Currency: Users can receive payments in their local currency, eliminating the need for costly and time-consuming currency conversions.

● Dedicated Quppy IBAN Accounts: Users can leverage the security and convenience of a dedicated IBAN account for receiving international payments.

● Utilization of Local Payment Methods: The service supports a wide range of local payment methods, ensuring accessibility and convenience for all users.

● Seamless Integration: The service is designed to integrate smoothly with existing banking and financial systems in Latin America, offering a hassle-free experience for users.

Empowering Latin America with Innovative Financial Solutions Quppy’s mission has always been to make financial services more accessible and convenient for people around the world. With the launch of this new payout service, we are taking a significant step forward in empowering individuals and businesses in Latin America to participate in the global economy more efficiently and cost-effectively. This service is particularly beneficial for freelancers, remote workers, and individuals from Latin America living abroad and having their friends and relatives back home. By reducing the barriers associated with international payments, Quppy is facilitating economic growth and financial inclusion across the region. About Quppy Quppy is a leading financial technology company that offers innovative digital banking solutions globally. With a focus on security, efficiency, and user experience, Quppy is dedicated to bridging the gap between traditional banking and the digital financial world.

Web Summit Rio
Web Summit Rio is the largest international tech event in Brazil. This year’s event will bring together over 1,000 startups, 45 percent of which are women founded. This is the highest ever proportion of women founded startups at a Web Summit event, and the largest gathering of women founders at an event in South America. These startups are joined by more than 700 investors, 200 partners, 600 speakers and 900 media from all over the World.

Web Summit Global
Web Summit runs the world’s largest technology events, connecting people and ideas that change the world. Half a million people have attended Web Summit events – Web Summit in Europe, Web Summit Rio in South America, Collision in North America, Web Summit Qatar in the Middle East and RISE in Asia – since the company’s beginnings as a 150-person conference in Dublin in 2009. In February, Web Summit held its hugely successful inaugural event in the Middle East. Web Summit Qatar welcomed more than 15,000 attendees and was supported by over 100 partners including the Qatar Investment Authority, Snap, Deloitte, TikTok, Huawei, Microsoft, Shell, Palo Alto Networks, EY, Builder.ai and Qatar Airways. Web Summit Qatar showcased the work of more than 1,000 startups from around the world, and helped introduce them to a network of more than 300 investors in Doha. Web Summit’s mission is to enable the meaningful connections that change the world. Web Summit also undertakes a range of initiatives to support Diversity, Equality and Inclusion across the tech worlds: this includes IMPACT; Women in Tech; AMPLIFY; the Web Summit/Qatar Foundation Scholarship Programme; and our Community Partnerships.