Backed by international funds including Volt Capital and Framework Ventures from San Francisco, and Circle Ventures, owners of USDC, Kravata aims to solve transaction infrastructure issues in Latin America.

Kravata, having processed $215 million in its first year with 20 clients in Colombia, is set for a significant expansion.

Kravata’s growth strategy is anchored in blockchain technology, offering services like currency conversions to stablecoins, cross-border payments, global accounts, and compliance.

Co-founders Felipe and Juliana Montes aim to tap into a high demand for comprehensive transaction solutions, positioning Kravata among Colombia’s top 100 startups as they venture into new markets.