🇨🇼 Curacao based Girasol Payment Solutions has acquired Colombian FinTech FinZi

Hey FinTech Fanatic!

From the chilly climes of NYC, it's a pleasure to share some FinTech news from sunny Curacao, a place I fondly regard as my second home.

Curacao based Girasol Payment Solutions has acquired Colombian FinTech company FinZi to enter the Colombian and South American markets. This strategic move leverages FinZi's infrastructure and market presence to expand Girasol's services in the region. FinZi, known for its digital wallet catering to over 250,000 users, primarily targets the youth segment and offers a variety of financial products.

Marwan Rozier, CEO and Founder of Girasol Payment Solutions, stated that Colombia has always been a key market for Girasol, and entering it with FinZi is an exciting prospect.

The acquisition aligns with Girasol's vision to become a leading digital payment provider in the Caribbean and Latin America. FinZi will continue focusing on its digital wallet services, while Girasol plans to implement its technological solutions and expand into the B2B segment.

The partnership aims to strengthen FinZi's market presence and introduce new products and services, with a goal to reach 1 million users by the end of 2024.

I wish them all the best and I hope to hear more FinTech updates from the Caribbean in the future!

Furthermore, the results from my payments poll last week seem pretty clear:

Enjoy more global FinTech updates below👇 and I'll be back with big PayPal news that will "shock the world" 😉 So stay tuned!

Cheers,

Marcel

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Curacao based Girasol Payment Solutions has acquired Colombian FinTech company FinZi to enter the Colombian and South American markets. The acquisition occurred as Girasol saw a significant opportunity to enter the Colombian market through FinZi, utilizing its infrastructure, local team, brand, and market presence.

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