EFY Finance secures investment from Tether to expand across Latin America
Panama based fintech EFY Finance secured an investment from Tether as part of its seed funding round. The… The post EFY Finance secures investment from Tether to expand across Latin America appeared first on LatamList .
EFY Finance, a Panama-based fintech company, has secured an undisclosed investment from Tether as part of its seed funding round. The investment aims to help EFY Finance expand its services across Latin America, focusing on institutional access to USD₮ and USA₮. The company provides infrastructure for cross-border payments, digital asset custody, and stablecoin accounts, allowing businesses and individuals to convert traditional currencies into stablecoins, access digital wallets and cards, and settle payments through local bank accounts.
EFY Finance holds a Digital Asset Service Provider license in El Salvador and serves over 25,000 active individual and business accounts, supporting more than 12 currencies and payment corridors, with local settlement in 17 countries.
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