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October 30, 2024
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Druo plans to increase its payment volume in 2025: these are its plans

Druo plans to increase its payment volume in 2025: these are its plans

He Colombian fintech ecosystem continues on its path of growth. Among the firms that maintain this pace includes Druo, with the consolidation and expansion of its international payment network from bank accounts.

(Read more: La Javeriana allocates $220,000 million for scholarships and financial support in 2025)

In the last two years, the ‘fintech’ managed to exceed its goal of transactions and reach 100 million dollars in volume processed through its operations. According to the company, this amount corresponds to the period between its start of operations in April 2022 and the most recent cut in September 2024.

This achievement was driven by its collection service, through which companies can accept payments directly from bank accounts, simplifying your customers’ experience when paying.

This was highlighted by its co-founder, Simón Pinilla, who also highlighted that among the firm’s most used products include the one-click payment link, the merchant portal and the real-time API, which allow the automation of the collection process. .

(Read more: Interest rates may not fall quickly due to fiscal risks)

Druo Co-Founders

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“Exceeding $100 million in processed volume is significant progress in our mission to create a more inclusive and efficient payment system”he indicated.

Along these same lines, the co-founder mentioned that they will continue consolidating their account-to-account payment network model, which improves the end-user experience, eliminates intermediaries and reduces costs.

By the end of 2024, the fintech aspires to process three to four times the volume of transactions compared to the previous year’s results, which was $30 million, to complete a three-year cycle of triple-digit growth. . Among its projections for 2025, it also foresees investments in the growth of existing markets (Colombia, Peru, Mexico and the United States).

(Read more: With two new global bonds, Colombia surpasses goal in the capital market)

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