Fluyez is the name of the cryptobank, and it works with more than 60 cryptocurrencies. It has more than 5,000 verified users, according to reports.
Back in 2019, Stefan Krautwald, Member of the Board of Directors of LATAM, had already announced that Peru is the third country with the highest number of cryptoactive transactions (digital medium of exchange that uses cryptography) in Latin America, only behind Colombia and Venezuela.
Krautwald noted that, “Peruvians are third in transition volumes in the region and Peru also has a dynamic, growing economy with political stability. Certain online sources indicate that Peru is a country with strong interest and growth in the exchange of crypto assets and our commitment is to be part of the formalization of the sector in the Peruvian market.”
Cryptocurrencies are rising as the new gold rush when it comes to investment, both for small and large capitals. It is a modern and safe way to safeguard savings, as well as to grow personal and business funds thanks to technology.
In Peru, this type of economy is at the forefront, holding fourth place globally in the adoption of digital assets, according to the German online statistics portal, Statista. The same study indicates that in Peru, 13% of the population claims to own and manage cryptocurrencies.
To serve this growing market and offer support to investments by means of a state-of-the-art ecosystem, the startup Fluyez launches the new Crypto Bank of Peru, which has more than 60 cryptocurrencies available on its platform and more than US$150,000 in trading quarterly transactions.
“Fluyez is a digital ecosystem based on cryptocurrencies that offers new products and services to all its users. Our goal is to be a new and better option for the traditional banking system”, commented the founding partner of Startup Fluyez, Luis Berrospi.
It is important to highlight that the Peruvian firm works with the most popular cryptocurrencies, including: Bitcoin, Ether, Doge, and ADA, in addition to other stable coins.
A Startup with International Backing
The Peruvian startup began operations in March 2021 and to date has more than 5,000 verified users, in less than a year it managed its registration with the Superintendence of Banking & Insurance of Peru as an exchange house. The platform is also part of the Fintech Association of Peru and has the support of various national and international investment funds.
Among its partners, the Spanish financial technology company Bit2Me stands out, which decided to bet on the Peruvian startup to go hand in hand in its entry into the Latin American market. This exchange, which even has its own token, the B2M, is an unavoidable reference in the crypto universe in Europe and now acts as an investment partner of Fluyez.
Bit2me has a top-tier team in the crypto universe, including Zeeshan Feroz as Growth Advisor, Former CEO of Coinbase Europe, and Baldomero Falcones as Payments Advisor, Former CEO of MasterCard International.
Available on the Web
The Fluyez platform is available on the web and from an app for mobile devices, among its main products are the following: Wallet, a virtual wallet for the custody of cryptocurrencies. Rewards, Fluyez offers compensation to users who stake their digital assets from its platform, thus enabling the user to accumulate profits by saving in cryptocurrencies. Loans, an option to be available in the coming months, is also related to the quality of Fluyez as a cryptobank. On the platform, the users can request a loan, leaving their savings in crypto as collateral.
As for its advantages, it has various characteristics that make it a competitive platform, such as secure, fast, and unlimited transactions, constant monitoring, no inflation, as well as more profitable and constant advice.
By Audy Castaneda
