{
  "id": 1966527,
  "title": "Interactive Brokers Taps Paysafe’s SafetyPay for LatAm Account Funding",
  "url": "https://urgent.news/2026/08/19/interactive-brokers-taps-paysafes-safetypay-for-latam-account-funding",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T15:29:04.000Z",
  "source": {
    "name": "PYMNTS",
    "slug": "pymnts",
    "url": "https://www.pymnts.com/news/banking/2026/interactive-brokers-taps-paysafes-safetypay-for-latam-account-funding/"
  },
  "original_language": "en",
  "account": "Interactive Brokers (IBKR) has partnered with Paysafe's SafetyPay to allow eligible Latin American clients to fund their IBKR accounts directly from local bank accounts in their own currencies, according to a press release on August 18. This integration broadens the range of funding options for IBKR clients in the region and streamlines the process from deposit to investing, the release stated. With their accounts funded, clients can then utilize IBKR's platform to trade various financial instruments including stocks, options, futures, currencies, bonds, and funds across more than 170 global markets. IBKR CEO Milan Galik remarked, \"Funding an account should be straightforward. SafetyPay gives clients in Latin America a simple way to transfer funds from their local bank accounts and quickly access the global markets available through IBKR.\" SafetyPay is a bank-based payment solution that facilitates online cash payments, bank transfers, and cross-border transactions for a global consumer market. Paysafe acquired SafetyPay for $441 million in August 2021, integrating the company into its eCash and online banking solutions team. At the time, SafetyPay enabled eCommerce transactions at over 180,000 cash collection points in 11 Latin American countries and Europe, providing services to nearly 300 merchants in travel, entertainment, and digital goods. Paysafe finalized its acquisition of SafetyPay in January 2022, bolstering its presence in Latin America and positioning itself as the leading open banking and eCash provider in the region. In February, FuturePay Global Limited, a platform connecting global merchants' checkouts to multiple payment solutions, incorporated SafetyPay into its offerings, tailoring the platform to Latin American consumers and merchants. Esteban Sarubbi, head of Latin America at Paysafe, highlighted the partnership's potential to reduce checkout friction, boost customer conversions, and help businesses grow and stay ahead.",
  "summary": "Automated global broker Interactive Brokers (IBKR) has integrated Paysafe’s SafetyPay to enable eligible IBKR clients in Latin America to fund their IBKR accounts directly from personal bank accounts in local currencies, IBKR said in a Tuesday (Aug. 18) press release. This integration expands the number of funding methods available to IBKR clients in Latin America […] The post Interactive Brokers…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}