Unlimit Joins Force with DEUNA for Cross-Border Payments in LATAM

Global fintech company Unlimit has announced a new partnership with DEUNA, a Mexican payments technology provider. The collaboration aims to enhance the cross-border payment process for businesses in Latin America and beyond.

As part of the partnership, DEUNA's payment orchestration capabilities will be integrated with Unlimit's payment infrastructure and wide range of payment methods. This integration is expected to improve approval rates, reduce costs, and minimize fraud risks for business payments.

"Our partnership is an important next step in our mission to eliminate payment-related borders for companies ready to embark on their global expansion," said Ignacio J. Morales, Head of Unlimit Mexico. "We believe that fostering strong bonds in our industry is the key to redesigning B2B payments as we know them and we are glad to join forces with such a strong player like Deuna."

"This strategic partnership is set to enhance approval rates, reduce costs, and minimize fraud risks, all of which are crucial for accelerating global and regional expansion," added José María Serrano, Co-Founder and CRO of DEUNA. "Together, we are committed to empowering merchants and boosting their sales potential in these dynamic markets."

Unlimit has been steadily progressing in its global expansion efforts. Recently, the company obtained an online payments aggregator license from the Reserve Bank of India (RBI)​, and prior to that, it was authorized by the Bank of Tanzania (BOT) to operate as a payment service provider locally.