August 3, 2023

Crypto APIs for Brazilian Fintechs

In the first quarter of 2023, there was a significant increase of 26% in the number of businesses engaged in crypto trading in Brazil, according to the latest report from the Brazilian Federal Revenue Services. This growing interest can be a good opportunity for Fintechs to increase their revenue potential.

Crypto adoption on the rise

According to the Brazilian Federal Revenue Services, 61,257 Brazilian companies have declared to have traded crypto in the first quarter of 2023.

With our user-friendly platform, we empower Fintechs to tap into the surging popularity of digital currencies, providing an opportunity to add new revenue sources and gain a competitive advantage in the market.

Unique Features of Our Crypto APIs

  • Sub-accounts enabled: Create multiple sub-accounts to manage each user closely. This gives you greater control over your users and their activities, streamlining your operations and providing a more personalized experience for your users.
  • Automated Transaction Handling: Sometimes, users deposit incorrect amounts in fiat or crypto. When this occurs, we troubleshoot and resolve the issue with the user directly.
  • Enhanced Privacy: To protect the privacy of the merchants' transaction history, our platform creates new wallet addresses for each order created in our Crypto Payments product.
  • Multiple Currencies and Assets Available: Our platform supports transactions in various crypto assets, networks, and fiat currencies, which can increase the revenue potential of your Fintech.
  • Frictionless Experience: you can choose our white-label API to have full control over the payment process with your own branding and design, or you can opt for our hosted experience for hassle-free integration.

Benefits for Brazilian Fintechs

  • Explore a new revenue potential: Fintechs can take advantage of the accelerated crypto adoption in Brazil and upsell crypto solutions to their customers or partners.
  • Hassle-Free Compliance: Our platform manages all the compliance aspects of processing crypto transactions, including the Brazilian Federal Revenue Services Reporting IN 1888.
  • Embedded Risk Management: We handle all the complexities in managing transaction risks.
  • Seamless Treasury Management: Our platform facilitates the reporting and reconciliation process. All balances are displayed in fiat currencies to aid in management, but you may also have the possibility to view a more detailed breakdown.

Use Cases for our Crypto APIs:

  • Payments Companies enabling their merchants to accept crypto payments;
  • Neobanks enabling their users to buy, sell, deposit, and withdraw crypto;
  • E-commerce platforms integrating a new payment rail to their platform;
  • DeFi protocols enabling their users to on-off ramps in LATAM Region;
  • Crypto Wallets enabling their LATAM users to buy and sell crypto;

Try Our Crypto APIs Today

Get in touch with us today to explore how our Crypto APIs can help your Fintech to increase revenue with crypto products.