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Geniusto and SPI Forge Exclusive Partnership to Drive Digital Banking Innovation in LATAM

Geniusto and SPI Forge Exclusive Partnership to Drive Digital Banking Innovation in LATAM
February 17, 2025 | By Geniusto

Geniusto is thrilled to announce an exclusive partnership with Servicios Profesionales De Ingenieria (“SPI”). This partnership comes at a pivotal moment when LATAM is experiencing explosive demand for digital banking and crypto solutions, fueled by favorable regulations and the region’s openness to financial innovation.

Under this agreement, SPI will be the exclusive distributor of Geniusto’s [GO] Suite across Bolivia, Paraguay, Peru, and beyond, delivering best-in-class digital banking, eKYC/eKYB, AML compliance, and payment orchestration solutions. The [GO] Suite is a highly customizable, mult-currency and multi-language toolset that also enables seamless integration with digital asset services, empowering financial institutions to bridge traditional and digital finance. SPI will also provide 24/7 customer support, ensuring smooth deployment and ongoing service excellence for financial institutions across the region.

Why This Partnership Is Timely: Unmatched Industry Expertise – Both Geniusto and SPI bring decades of experience, ensuring a deep understanding of the evolving financial landscape. Explosive Market Demand – LATAM’s financial institutions are actively seeking scalable, secure, and regulatory-compliant digital banking and crypto solutions. Regulatory Tailwinds for Digital Assets – The region’s progressive stance on crypto adoption presents a unique opportunity to bridge traditional and digital finance.

“We are excited to partner with SPI at such a crucial time for the Latin American financial ecosystem. This exclusive collaboration ensures that banks and fintechs can rapidly adopt our robust, future-proof digital banking and Digital Assets integration capabilities,” said Matthew Edmunds, Group CEO of Geniusto

“This partnership with Geniusto enables us to bring world-class digital banking and solutions to LATAM. Our extensive experience and 24/7 local support will ensure seamless adoption and transformation for financial institutions,” said SPI’s Director, Omar Alfredo Penaloza.

With this exclusive alliance, Geniusto and SPI are poised to redefine LATAM’s financial landscape, empowering institutions with next-generation banking and payment technologies. Stay tuned as we drive financial innovation across the region!

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