Koibanx is a pioneering B2B payments infrastructure company that primarily operates within the Blockchain and Fintech industries. Founded in 2015, Koibanx is based in Colombia and functions with a clear mission encapsulated in its slogan: "Connecting the Latam banking system to Web3." The company integrates advanced asset tokenization, e-money licenses, and crypto-embedded functionalities to bridge banks, fintechs, and governments with the emerging Web3 landscape.
Koibanx holds a competitive advantage as the leading pioneer in its niche by not only securing its own operating licenses but also by ensuring compliance with local banking regulations. The platform supports digital wallets and e-money solutions and enhances settlement and core banking operations through blockchain technology.
In a testament to its robust business model, Koibanx secured a substantial $22.00M Series A investment as of 18 August 2022, with backing from notable investors such as Algorand, Borderless Capital, G2 Capital, Kalonia Venture Partners, and Innogen Venture Capital.