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Handy

“Can a BCU-regulated Uruguayan fintech become the all-in-one financial OS for SMB merchants — from POS acceptance and instant settlement to embedded lending and e-commerce — riding Itaú's institutional backing?”

Founded2020
HQMontevideo, Uruguay
IndustryFintech / SMB banking
The story

Handy (handy.uy) launched in Uruguay in 2020 as an SMB-focused payment aggregator operating under Riblinor S.A., supervised by the Banco Central del Uruguay (BCU). It rapidly expanded from POS card acceptance to a full merchant financial OS — adding instant settlement (Handy Flash), recurring debits, QR and link-based payments, e-invoicing, BNPL (Pago Después), Pix for Brazilian tourists, and embedded SMB loans via partner Floder S.A. (Pym loans). Its incorporation into the Itaú group accelerated institutional credibility and distribution. Today it positions itself as a one-stop financial platform for Uruguayan commerce, competing with traditional acquirers on speed, simplicity, and breadth.

Last 12 months
2024
2025
2026
Product timeline
2020
Handy (Riblinor S.A.) founded in Montevideo, Uruguay as a fintech focused on SMB payment acceptance.· pivot
2022
Launched Handy POS, enabling merchants to accept 25+ payment methods under a single contract.· banking
2023
Launched Handy Flash for instant settlement (365 days/year) for OCA Blue, Prex account holders and legal entities.· banking
2023
Launched Pym loans in partnership with Floder S.A. (BCU-supervised financial institution), offering 100% online lending to Handy merchants.· lending
2024
Acquired by / incorporated into Itaú group, cementing institutional backing.· acquisition
2025
Launched Pago Después (BNPL in installments via debit card without a credit card) and Pix cross-border payment acceptance for Brazilian tourists.· banking
2025
Launched Tutienda Handy (zero-commission online store), Facturación Electrónica, and Sistema de Caja for full merchant management.· banking
Regulated entities
1
regulatory licence held by Handy
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
4 layers disclosed in Handy’s embedded-finance stack
Payments / PSP
Handy POS (self-operated)
Money movement
in the full report
Lending
in the full report
Accounting
in the full report
Accounting gap: significant
5 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.