- Kuady now live in LatAm, with Africa and Europe to follow
LONDON, July 11, 2024 /PRNewswire/ -- Open Payment
Technologies Ltd, today announces the launch of its digital wallet
app "Kuady". Designed to accelerate financial inclusion and
transform how merchants and users manage their money, Kuady offers
an advanced, user-friendly experience that ensures secure and
efficient money management.
Kuady will make its debut in Peru and Chile – giving global organisations access to
these markets with seamless cross-border transactions – with
further LatAm countries being added monthly. Expansion into
Africa and Europe will follow.
Operating under an Electronic Money Transmission Services
license granted by the Isle of Man Financial Services Authority,
Kuady will act as a payment service processor for merchants and
offer an e-wallet app for customers. It provides robust
chargeback protection and features to boost customer
acquisition, retention, and activation. The digital wallet
provides merchants with instant payouts for their customers,
a feature that provides a solution for individuals who struggle to
access their funds, and offers its users deposit options such as
cards, online bank transfers, and cash.
"At Kuady, we are dedicated to fostering a sense of
community that simplifies financial management and we see
Kuady as a beacon for business growth and longevity" says
Lorenzo Pellegrino, CEO of
Kuady. "Our digital wallet is intuitive, secure, and accessible
to all, enabling us to promote financial inclusion and empower
individuals and businesses."
Kuady is also a powerful acquisition tool. Merchants who use
Kuady will benefit from ongoing investment in acquisition and
marketing initiatives; investments that will increase Kuady's
consumer base organically.
"Seamless, secure transactions are crucial for everyday life and
our innovative platform is designed to be a one-stop solution
for every financial need. With Kuady, we can realize our vision
of advancing financial inclusion and giving individuals and
businesses the tools they need to thrive in a global economy. It
really is the partner in your pocket for merchants and users
alike," concludes Mr. Pellegrino.
To learn more about Kuady, visit www.kuady.com.
About Kuady
Kuady is a digital wallet app that aims to revolutionize
financial management for merchants and users worldwide.
With a focus on innovation, user-friendliness, and financial
inclusion, Kuady provides diverse payment methods and a range of
benefits for merchants and users alike.
About Lorenzo Pellegrino
A highly respected payments industry leader, Lorenzo Pellegrino has almost 20 years of senior
management experience. He most recently held the role of Chief
Operations & Digital Officer at PayRetailers. Previously he was
CEO of Skrill and NETELLER, heading their digital wallets business
and a marketing affiliate services company, Income Access, which
are part of the Paysafe Group Plc. He devised Paysafe's IPO on the
New York Stock Exchange (NYSE) in 2021.
Prior to this role, Lorenzo was the Executive Vice President for
Digital Development for Optimal Payments Plc from 2012 to 2015,
where he led their go-to-market strategy of the NETELLER wallet
business and acquisition of Skrill. He spearheaded the company's
effort in integrating both wallet businesses which led to
significant operational efficiencies and margin optimisation.
Before joining Optimal Payments, he held various executive level
positions at Skrill (previously known as Moneybookers) and led
their business development efforts in the US.
Photo -
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Logo -
https://mma.prnewswire.com/media/2458054/Kuady_Logo.jpg
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