Wibond
“Can a LATAM BNPL company become the embedded-finance infrastructure layer for any B2B platform wanting to financialize its network?”
HQArgentina
IndustryInfrastructure / BaaS
The story
Wibond began as a consumer-facing BNPL service for LATAM's underbanked, integrated at checkout for retailers like Samsung and Musimundo. It has since pivoted into a B2B Fintech-as-a-Service platform, offering white-label embedded finance modules (wallet, payments, lending, prepaid cards) to companies wanting to financialize their own networks of merchants, riders, suppliers and contractors. It is registered as a PSP with Argentina's central bank (BCRA).
Last 12 months
—
Product timeline
0
Founded in Argentina as a BNPL provider ('Affirm for LATAM') integrated into merchant checkout flows including Samsung, Musimundo, and Motorola.· lending
0
Pivoted/expanded into a Fintech-as-a-Service (FaaS) B2B platform offering white-label wallet, payments, lending and card issuing modules.· pivot
Regulated entities
1
regulatory licence held by Wibond
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
6 layers disclosed in Wibond’s embedded-finance stack
Payments / PSP
Wibond Payments (self-operated)
Banking / BaaS
in the full report
Card issuing
in the full report
Lending
in the full report
Sponsor bank
in the full report
FX & payouts
in the full report
Accounting gap: significant
9 more providers across 5 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.