CrossRegional Partners With Abakus To Develop Consumer Digital Wallet In Latin America
Clave, CrossRegional’s Digital Fintech Company, Joins Forces With Abakus To Provide Millions Of Underserved People In Latin America Easy Access To Products And Services Through A Digital Wallet
CrossRegional Digital Strategy invested in Abakus, an Argentine peer-to-peer financial ecosystem, in a pre-seed funding round. CrossRegional will partner with Abakus in developing an enhanced digital wallet for consumer lending App, Clave.
The Abakus ecosystem is expected to offer loans, ptp payments, crypto and other services. Abakus, has recently announced their partnership with Coreledger, a Swiss company specialized in Asset Digitization and Tokenization. With CrossRegional, Abakus will develop a disruptive worldwide tokenized assets platform, as well as offer other DeFi services.
Pablo Pizzimbono, CrossRegional’s founder, said “We are very excited to be working with Martin, Mauro and Diego to develop the next evolution of products to serve our users. The future of Fintech has never been more promising in offering products and services to the many underserved people of Latin America“. Martin Furst, CEO of Abakus, said that “the finished wallet will include real-time swap, b2b2c marketplace and offer a disruptive and innovative way to invest in worldwide tokenized assets.”
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About CrossRegional Management
CrossRegional® Management LLC is an asset management firm focused on origination and funding of direct lending portfolios in Emerging Markets. Through its affiliates, CrossRegional Partners and CrossRegional Digital Strategy, the firm invests in Fintech and Consumer Finance companies and is the founder of Clave™, a digital wallet bringing credit and other solutions to people in Latin America.