Koibanx

Koibanx is a blockchain infrastructure company headquartered in Buenos Aires, Argentina, that helps banks, fintechs, governments, and enterprises in Latin America launch digital financial products. Its main services include central bank digital currency (CBDC) infrastructure, tokenized debt issuance platforms, government subsidy and utility payment wallets, banking APIs for onboarding and payments, crypto-fiat remittance rails, and merchant crypto payments. The company is known for building El Salvador's national blockchain infrastructure since 2021 and for running production solutions primarily on the Algorand blockchain, with over 90% of its deployed systems using that technology.

The core market pain Koibanx addresses is the high cost, low speed, and limited reach of traditional financial infrastructure in Latin America. Many people lack access to banking, cross-border remittances are expensive, and government subsidy distribution suffers from inefficiency and opacity. Koibanx solves these problems by applying blockchain to create transparent, low-cost, and interoperable payment and settlement systems that work for both institutions and end users. Its track record includes a COVID vaccination certificate campaign in Colombia, a municipal app in Argentina that rewards citizens for good behavior, and a crypto wallet for the securities sector in Bolivia developed with FinConecta.

In the past year (2025), Koibanx received the Financial Innovation Award in the Financial Inclusion category at Fintech Americas 2025. It also launched the first crypto wallet for an insurance company in Argentina with Rio Uruguay Seguros, built a blockchain-based logistics payment platform with Banco Macro, and expanded its presence in Bolivia. As of the most recent data, the company operates in six countries and employs around 67 people. Specific developments between March and September 2026 are not available in public sources, but the company's ongoing focus remains on connecting Latin America's banking system to Web3 through practical, production-grade deployments.