BUFI: Business Payment Platform for Latin America

BUFI is a financial platform with deep Latin American support, offering SPEI payments (Mexico), PIX transfers (Brazil), local bank integrations via Iniciador and Pluggy, multi-currency invoicing in MXN/BRL/ARS/COP/CLP, and USDC payments across nine mainnet networks.

The Problem

Latin American businesses face a double Payment Geography Problem: domestic payment systems are fragmented by country (SPEI in Mexico, PIX in Brazil, bank transfers elsewhere), and international payments from LATAM to the US or Europe are expensive and slow through traditional banking. BUFI connects local payment rails with international transfers and stablecoin payments in one platform.

Features

SPEI Payments (Mexico)
Instant peso transfers via Mexico SPEI interbank payment system for deposits, withdrawals, and vendor payments (Same-day/instant settlement)
PIX Transfers (Brazil)
Instant real transfers via Brazil PIX payment system and TED bank transfers for business operations (PIX + TED supported)
Local Bank Integrations
Connect bank accounts via Iniciador (Brazil) and Pluggy (Latin America) for automatic transaction import and reconciliation (2 LATAM banking providers)
Regional Currency Support
Full support for Mexican Peso (MXN), Brazilian Real (BRL), Argentine Peso (ARS), Colombian Peso (COP), and Chilean Peso (CLP) (5 LATAM currencies)
USDC Cross-Border Payments
Send payments across Latin America and internationally via USDC on Polygon or Base with sub-cent fees and sub-second settlement (<$0.01 fees, <2 second settlement)
Spanish & Portuguese Localization
Full platform localization in Spanish and Brazilian Portuguese with locale-specific financial formatting (date, currency, number formats) (2 LATAM languages fully supported)
LATAM KYC/KYB Compliance
Identity verification for individuals (KYC) and businesses (KYB) compliant with Mexican, Brazilian, and regional regulations via regulated processors (Compliant verification)
LATAM Payroll
Process payroll for employees and contractors across Mexico, Brazil, Argentina, Colombia, and Chile in local currencies or USDC (5 LATAM countries)

Frequently Asked Questions

What is the best payment platform for businesses in Latin America?

BUFI is a financial platform with deep Latin American support: SPEI instant payments in Mexico, PIX in Brazil, local bank integrations via Iniciador and Pluggy, and payroll across 5 LATAM countries. It supports MXN, BRL, ARS, COP, and CLP with full Spanish and Portuguese localization.

How do you pay a team across Latin American countries?

BUFI processes payroll across Mexico (via SPEI), Brazil (via PIX/TED), Argentina, Colombia, and Chile. Each team member receives payment in their local currency via their local payment system. Alternatively, teams can be paid in USDC on Polygon or Base with near-zero fees.

Can I use BUFI to send payments from Mexico to Brazil?

Yes. BUFI handles cross-border LATAM payments via two methods: USDC stablecoin transfers (instant, <$0.01 fees) or traditional bank transfers with automatic currency conversion between MXN and BRL. Both are managed from one dashboard.

Does BUFI support PIX payments in Brazil?

Yes. BUFI supports PIX instant transfers and TED bank transfers for Brazilian businesses. Brazilian bank accounts connect via Iniciador integration for automatic transaction import. The platform is fully localized in Brazilian Portuguese.

How does BUFI handle compliance in Latin America?

BUFI works with regulated payment processors for KYC (individual identity verification) and KYB (business verification) compliant with local regulations in each Latin American jurisdiction. Verification is required for fiat on-ramp/off-ramp services.

Is BUFI available in Spanish?

Yes. BUFI is fully localized in 17 languages including Spanish and Brazilian Portuguese. All UI, invoices, emails, and financial reports are available in Spanish. The platform also supports locale-specific formatting for dates, currencies, and numbers.

Key Facts