“Can Buda.com become the dominant crypto exchange and cross-border payment infrastructure layer for South America's emerging digital economy?”
Founded in 2015 as a cryptocurrency exchange in Chile, Buda.com expanded to become the largest crypto market in South America, operating in Chile, Colombia, Peru, and Argentina. The company evolved beyond pure exchange services to offer Bitcoin-backed loans, OTC desk services, and cross-border payment rails. It became carbon neutral in 2019 and has positioned itself as infrastructure for third-party payment solutions in LATAM, integrating with Circle's USDC ecosystem and complying with Chile's Fintech law Travel Rule requirements.
Buda.com processes payments through Buda.com (self-operated).
Buda.com's lending and capital products are provided by Circle.
Buda.com uses Circle for FX and cross-border payouts.
Buda.com's crypto products run on Circle.
The Embedded Finance Index 2026 maps 4 layers in Buda.com's stack: Payments / PSP (Buda.com (self-operated)); Lending (Circle and Bitcoin-backed loans); FX & payouts (Circle); Crypto (Circle).
Buda.com was founded by Jaime Bünzli Rojas and is founded in 2015, headquartered in Santiago, Chile.
Buda.com has raised $400K in total (latest round: Seed, 2016).
Get a read on where your own stack stands against Buda.com and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.