RIO DE JANEIRO / AGILITYPR.NEWS / April 30, 2025 / Over 300 companies from around the world applied to The Push. Selected startups will receive investments and mentorship to accelerate their business growth
Bitso Business —the B2B arm of Bitso that provides infrastructure for efficient and transparent cross-border payments— announced today, at the Web Summit Rio, the winners of The Push - the first global startup accelerator program targeted to blockchain and stablecoin-driven companies set to impact the future of Latin America. Nine companies specializing in cross-border payments, remittances, and payment processing have been selected and will have access to a custom-designed three-month acceleration program that includes benefits ranging from cash investment to tech and business mentorship, as well as credits in Bitso services to co-develop applications on top of Bitso Business Infrastructure.
Opened on January 28, The Push attracted over 300 applications from Startups across Latin America, the United States, Canada, and Europe. Companies were evaluated based on team composition, product solution, traction, market potential, and strategic alignment with Bitso Business. Finalists were selected for their scalable, tech-driven business models, focused on leveraging blockchain, crypto, or stablecoins to drive innovation and foster economic advancement in Latin America.
The winners of The Push Stablecoin Startup Accelerator are:
For Lumx, one of the selected startups, "The Push represents the kind of opportunity every founder dreams about. At Lumx, we're committed to reshaping B2B payments through stablecoin infrastructure, and having Bitso by our side amplifies our ability to make a real difference. Together, we’re bringing more liquidity, efficiency, and trust to businesses across the region — building the next generation of financial rails for emerging markets", comments Caio Barbosa, Founder & Co-CEO of Lumx.
For Capa, one of the selected startups, “Bitso’s investment and support strengthen our B2B crypto-powered infrastructure. Their regulatory expertise gives us the tools to offer secure and affordable solutions for enterprises, remittance providers, and payment platforms. Together we bridge the gap between traditional finance and the crypto economy", comments Juan Diego Oliva, Co-Founder & CEO of Capa.
“At Bitso, we believe that collaboration and innovation are at the core of an open, inclusive, and transparent financial system. That’s why, since our founding, we’ve been working closely with the broader crypto ecosystem — collaborating with industry leaders, regulators, and authorities, while also supporting high-potential entrepreneurs who are building transformative businesses. By harnessing the power of blockchain and stablecoins to enable more efficient transactions, we can unlock Latin America’s economic growth and create a more inclusive financial future for the region”, said Daniel Vogel, CEO and Co-Founder of Bitso.
“Businesses around the globe face real challenges when trying to scale — particularly due to slow, expensive, and outdated cross-border payment processes. Meanwhile, stablecoins are rapidly becoming the go-to method for transferring value globally — eliminating intermediaries, reducing costs, and accelerating transactions. That’s why we created The Push: to leverage Bitso’s decade of experience in enabling businesses to move money faster, more transparently, and more cost-effectively, while supporting the most innovative projects advancing along this path. The growing number of remittance and payment-focused applications we’ve received proves the massive potential to join forces and foster stablecoin adoption — powering a more efficient financial system across Latin America and beyond”, mentioned Imran Ahmad, General Manager of Bitso Business.
Building on the momentum of the growing adoption of stablecoins to streamline payments and connect global businesses to Latin America, this year the region will host its first-ever stablecoin conference. Presented by Bitso Business, the Stablecoin Conference Latam will be hosted in Mexico City on August 27–28 and will bring together thousands of business leaders, authorities, regulators, and thought leaders to explore the rise of stablecoins in the payments industry and the opportunities emerging across Latin America.
Contacts