
Droplatam runs an ecommerce platform with over 10,000 merchants spread across Colombia, Brazil, Mexico, Guatemala, Peru, Chile and Ecuador. Each merchant closes sales and expects to receive its balance in the local currency of its country.
Before Coloca, Droplatam had to keep local accounts in every country and run manual batch transfers. Payments to Guatemala could take 3-5 days, and those to Peru or Ecuador required SWIFT with correspondents.
Droplatam integrated Coloca to pay out balances automatically via local instant rails in CO/MX/BR and on/off ramp in GT/PE/CL/EC. A single API call per merchant.
Coloca handles spot FX, local compliance and per-country settlement. The Droplatam team only triggers the payout when the merchant requests it from the app.
Today Droplatam pays out its merchants' balances directly from the platform. Average settlement in seconds for CO/MX/BR, minutes for GT/PE/CL/EC. Without opening new local accounts.
The finance team stopped running manual transfers. The operation scaled from 4 countries to 7 in under 90 days.



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