Bitnexo Wins South American Final of BBVA Competition
Bitcoin-based platform Bitnexo has been announced as the joint winner in the Latin American final of BBVA's Open Talent competition.
The startup, which intends to facilitate international money transfers between Asia and Latin America, will receive a €30,000 prize ($33,939) as well as the chance to join a two-week networking programme in Mexico and London.
The other winning company was Destacame, a Chilean startup that helps people gain access to credit.
"Latin American startups have demonstrated some really innovative proposals within FinTech."
BBVA's Open Talent competition features nine crypto startups and is split into three regional finals.
Winner image via Shutterstock.
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