SelvaOpen venture map

Bancard

ParaguayFintechFounded 1995

Bancard is a Paraguayan fintech company that enables local currency payments for international digital services, such as Amazon Prime Video subscriptions, allowing Paraguayan consumers to pay in guaraníes. It also partners with international payment networks like PagBrasil to offer Pix roaming, enabling Paraguayan tourists in Brazil to make payments using Brazil's instant payment system. The company operates primarily in Paraguay and facilitates cross-border payment solutions. Its partnerships with major global platforms like Amazon and PagBrasil demonstrate its role as a payment gateway and processor in the region. Bancard's business model likely involves transaction fees for processing payments.

Website

Key people