Wesdom Information

Wesdom gives mid-sized financial institutions across Latin America the technology to offer payments, a digital wallet, and cash-in/cash-out points — with the same capabilities as a large bank, without building it from scratch or paying for it like one. Generic solutions, built for large banks, leave mid-sized institutions — banks, financing companies, cooperatives, and insurers — without these services. Building them in-house means an investment and complexity most can't take on alone. At Wesdom, we build exactly that, sized for the scale and budget of mid-sized institutions: a platform that connects and synchronizes their payment systems with other banks and providers, a digital wallet for their users, and a network of physical locations where their customers can deposit or withdraw cash. We've spent more than 6 years operating in Colombia's financial sector: we've disbursed over $87M USD in products for Banco Agrario de Colombia, worked directly with Colombia's Financial Superintendency (SFC), comply with the international payment data security standard (PCI DSS), and already run this cash-in/cash-out network in live production in Peru. We work with payment processors like Cyrus and Asnet, and we're expanding into Colombia's open financial data market, anchored to Decree 0368. Do you lead technology, compliance, or operations at a mid-sized financial institution? Visit our website and book your free diagnostic session.