Back to Organizations
Buenbit
Buenbit is an intelligent investment, savings, and credit platform in Latin America. It provides an easy and secure way to invest in cryptocurrencies and offers an international Mastercard to use account balances for payments. It also functions as a financial platform focused on crypto assets, offering services like collateralized credits and payment processing, and serves as a digital marketplace for trading cryptocurrencies.
Montevideo, UY
Description
Buenbit is a user-friendly investment, savings, and credit platform serving over 800,000 users in Latin America. It allows users to buy, sell, and invest in various cryptocurrencies (like BTC, ETH, and stablecoins), earning daily yields with flexible withdrawals. A key feature is the Buenbit Mastercard, which allows real-time conversion of crypto balances for payments. The platform also offers collateralized loans, peer-to-peer transfers, and facilitates local currency deposits and withdrawals. Operating as Oware S.A.S. in Montevideo, Uruguay, and as a registered Virtual Asset Service Provider (PSAV) in Argentina, Buenbit prioritizes security with features like two-factor authentication and is backed by investors such as Libertus Capital and Galaxy Digital. The company is committed to protecting user privacy and data in compliance with regulations.Grant Funding
VC Funding
None
2021
$0
$11M