LatAm paytech Bamboo names Francisco León as its first CEO
Latin America paytech Bamboo Payment has named Francisco León as its first CEO as it looks to scale its operations in the LatAm region.
Bamboo believes it is in “a unique position” to capitalise on the growth in the digital payments space in the region and establish itself as “a key player”.
Bamboo board member Marcelo Perez says León is a “proven leader” that knows the LatAm payment space “like no other”.
León will lead the continued expansion of Bamboo Payment into new markets, develop new products and scale the business.
León joins Bamboo from PayU, where he served as CEO of the Latin America division and oversaw PayU’s regional strategy and the delivery of its digital payments offering to global merchants. Prior to PayU, León served in various senior leadership roles at Falabella Bank in Colombia.
Unlocking the LatAm digital payments space
On his new role, León says the firm has opportunities to “unlock” the LatAm market. “We have real flexibility for developing new features and solutions and expanding into new markets when it comes to adapting our offerings to meet the unique needs of our clients.”
Bamboo’s tech platform enables global merchants to accept and make payments across 11 LatAm markets, providing around 200 payment methods such as localised payments and real-time payments.
Its pay-in solutions enable companies to accept payments throughout LatAm without needing to establish a local entity or have a local presence while its pay-out solutions enable companies to pay funds throughout the region without the need to conduct innumerable international wire transfers.