Global fintech company Unlimit announces new partnership with DEUNA, a platform to simplify and enhance commerce。The partnership aims to improve cross-border payment processes for businesses in Latin America (LATAM) and beyond。

Digital payments surge

A 2023 report by the Mexican Fintech Association and NTT Data shows that digital payments account for 32% of the local fintech market, with the number of companies in the sector growing by about 17 per year..4%。

Digital payments are expected to increase total transactions in this market to $115.2 billion by 2024, which is expected to increase by 9%..84% CAGR growth to reach $167 billion by 2028。In addition, a recent study by the Mexican Online Sales Association found that Mexican leads are growing rapidly in global e-commerce, with a market value of 658 billion Mexican pesos in 2023.。

Ignacio J, Head of Unlimit Mexico.Morales commented: "Our partnership is an important next step in our mission to remove the boundaries associated with payments for companies preparing to begin global expansion.。We believe that fostering strong connections in our industry is key to redesigning B2B payments, and as we know, we are excited to join forces with a player as strong as Deuna.。"

Payment solutions focused on supporting the business

In this context, the alliance between Unlimit and DEUNA aims to provide advanced and secure payment systems for enterprise-level companies.。The partnership aims to improve approval rates, reduce costs and reduce fraud risk by integrating DEUNA's payment orchestration capabilities with Unlimit's payment infrastructure and a wide range of payment methods。

José María Serrano, co-founder and chief risk officer of DEUNA, said: "This strategic partnership aims to increase approval rates, reduce costs and minimize the risk of fraud, which is essential to accelerate global and regional expansion.。Together, we will work to empower merchants to increase their sales potential in these dynamic markets.。"