Bit2Me, the first company recognized by the Bank of Spain as a virtual currency service provider, has acquired Fluyez, the first Peruvian cryptocurrency trading company, which has the endorsement of the Peruvian Fintech Association and, after being present in the domestic market, has leaped to other countries in Latin America, such as Mexico.
The acquisition of Fluyez by the Spanish exchange is part of the growth strategy per acquisitions that Bit2Me will develop in the coming months. In this way, Bit2Me reinforces its commitment to the crypto ecosystem and the Latin American market, a region in which Bit2Me already has a presence through its offices in Brazil.
Fluyez will continue to operate independently under the leadership of its managers, as Bit2Me will focus on advising and driving the expansion of the Peruvian fintech by making available all the resources and knowledge that Bit2Me has treasured since its creation in 2015.
Leif Ferreira, CEO of Bit2Me, believes that Fluyez’s team, business model, and growth plan are closely aligned with those of Bit2Me. “We want Fluyez to continue to operate autonomously, but with all the capabilities that such a partnership allows. This acquisition shows Bit2Me’s strength and commitment to the crypto ecosystem. We look forward to closing new opportunities with other companies in the industry in the coming months,” says Ferreira.
Luis Eduardo Berrospi, CEO and Co-Founder of Fluyez, is very proud of this alliance because the exchange is now part of the Bit2Me group. “Thanks to all the experience that the Bit2Me team has in the crypto sector, we are going to boost this industry locally in a more secure, legal, transparent, and supported way. I believe all this will take Fluyez to the next level,” says Berrospi.
Fluyez has high visibility and confidence in the domestic market. The Peruvian startup began operations in March 2021 and works with more than 60 cryptocurrencies. Fluyez offers its users cryptocurrency custody and exchange services as well as other more innovative services such as loans, rewards, and cryptocurrency payments.