Bamboo Payment connects international merchants operating in Latin America to 13 countries
Bamboo Payment, a Uruguay-based fintech, has appointed Francisco León as its new chief executive officer.
León has been tasked with scaling the business to ensure its accelerated growth across Latin America.
Launched in 2020, Bamboo Payment connects international merchants operating in Latin America to 13 countries, to serve unbanked and underbanked customers.
It’s PAYIN and PAYOUT solutions, which include instant bank transfers, ewallets and plugins for existing ecommerce platforms, allows companies to accept payments throughout the region without the need to have a local presence.
León is joining Bamboo from PayU, where he also held the role of chief executive officer. Prior to this, he held various roles at Falabella Bank in Colombia.
Marcelo Perez, Bamboo Payment board member, commented: “Francisco is a proven leader that knows the Latin America payment space like no other.
“He shares our values and vision for the business, and on behalf of our board, we look forward to working with him.”
On his new role, León said: “We have plenty of opportunities to unlock the LATAM market potential.
“We have real flexibility for developing new features and solutions and expanding into new markets when it comes to adapting our offerings to meet the unique needs of our clients.”
Image: Bamboo Payment