Do Payment, The Peruvian Fintech For Instant Payout, Prepares To Enter The U.s. And Brazil

With the acceleration of e-commerce, both users and businesses are demanding faster and more instant payments, especially in industries where payments have traditionally been a challenge, such as sports betting and gaming. Just two years ago, users could wait up to three days to access their funds in the bank.

Recognizing this opportunity in the payments industry, Cristian Valderrama saw the potential to speed up money collection and disbursement. In 2022, he founded Do Payment with the goal of enabling real-time fund transfers to end customers and eliminating payment friction.

By 2024, the company had scaled significantly and began planning its regional expansion. To achieve this, Do Payment adopted a co-CEO model, bringing on board Francisco Rodríguez, a Chilean executive with over 10 years of expertise in Latin American payment systems, to lead the fintech’s expansion into new markets.

Expansion Across Latin America

Building on its success in Peru, Do Payment decided to scale its business model across the region. In 2024, the fintech expanded into five additional countries: Chile, Colombia, Mexico, Ecuador, and Panama. “

We expect 30% growth by 2025, driven by the rise of e-commerce, financial services, and online betting,” Rodríguez stated.

In Chile, Do Payment projects even more significant growth this year, reaching 40%, while in Colombia, they anticipate a 20% increase. In Peru, they expect a 25% rise.

“Clients access our Payin and Payout services through a single regional API, which allows them to operate in all the countries where we are present with just one integration. This eliminates the need for additional integrations per market, simplifying management and reducing operational costs and time,” Rodríguez explained.

To this end, the company announced it is working with several banks and financial partners in Latin America to connect its system, enabling online betting users to see their funds in real time.

Expansion Plans for the U.S. and Brazil

Do Payment is following an ambitious roadmap. By 2025, the company aims to process over $700 million in transactions, marking a milestone in its growth. The next targets in its expansion plan are clear: the United States and Brazil.

In line with this, Rodríguez shared that the company has already received authorization from the U.S. Securities and Exchange Commission (SEC) to begin operations in the United States. “The U.S. regulator has given us the green light, and we can now operate without issues in the U.S. We aim to be fully operational as a fintech by the first half of this year,” he noted.

Another key market is Brazil, where the company has yet to enter but is targeting late 2025 or early 2026.

“Entering Brazil is a priority for the second half of 2025, as it is the largest market in Latin America and a leader in the payments sector. This expansion will allow us to offer our clients world-class payment solutions across both Latin America and North America,” Rodríguez explained.

Expansion comes with associated costs, and the fintech is allocating approximately 2 million for its planned expansions in 2025. “For the following year,we Project that investment figure to rise to 5 million,” Rodríguez added.

Do Payment is also eyeing a leap to another continent. The company is already looking toward Europe as its next major step in its global growth. In this context, plans to establish itself as a leader in international payments are well underway.

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