22 May 2025 | Thursday | News
Picture Courtesy | Public Domain
SukuPay, the fintech company modernizing cross-border payments through invisible crypto infrastructure, has been fully embedded as the remittance engine inside Zigi, the mobile app of Banco Industrial, Guatemala's largest bank, in a breakthrough for blockchain-powered finance.
This integration marks the first time a crypto-native protocol has gone live at this depth inside a top-tier Latin American retail bank — and it's already serving everyday users.
Guatemalans can now receive funds from the U.S. instantly and securely for a flat $0.99 fee, using only a phone number through their existing bank app. No IBANs, no crypto wallets, no hidden steps.
"This isn't a feature — it's a financial infrastructure upgrade," said Yonathan Lapchik, CEO of SukuPay. "By embedding SukuPay inside Zigi, Banco Industrial has become the first bank in Latin America to fully adopt stablecoin rails as a core remittance engine. We're not offering a crypto product. We're powering real-world payments that actually work for real people — banked or unbanked."
Fintech Business Asia, a business of FinTech Business Review
© 2025 FinTech Business Review. All Rights Reserved.