# Localpayment

> Localpayment is a Buenos Aires-based payment service provider that gives global businesses one API to collect and send money across Latin America. Founded in 2018, it connects merchants to more than 640 local payment methods and 70-plus currencies in 17 countries, handling everything from Brazil's Pix to Mexico's OXXO cash vouchers. In October 2024 the advertising-technology group Aleph took a controlling stake, folding the platform into a network that reaches advertisers in more than 130 countries.

- **Founded:** 2018
- **Headquarters:** Buenos Aires, Argentina
- **Founders:** Ezequiel Israel (Co-Founder & CEO), Jonathan Grynszpancholc (Co-Founder & Chief Product Officer)
- **Team size:** ~130 employees
- **Products:** Payin, Payout, Treasury & FX, Virtual Accounts, Single API Platform
- **Notable:** Built a single API covering 640+ local payment methods across 17 Latin American countries and 70+ currencies., Reached more than $3 billion in annual total payment volume., Acquired by ad-tech group Aleph in October 2024 in a deal framed against a $1.4 trillion digital-payments opportunity.

## Products & services

- **Payin** — Collect payments from customers via cards, bank transfers, cash vouchers, instant and QR-code payments, and local wallets across Latin American markets.
- **Payout** — Send money to recipients through local banking networks and alternative payment rails, settling in local currency.
- **Treasury & FX** — Currency conversion, settlement and treasury management spanning 70-plus currencies.
- **Virtual Accounts** — Local virtual accounts that let businesses hold and manage balances in-market.
- **Single API Platform** — One integration exposing 640+ local payment methods across 17 countries, with smart routing, fraud detection and 24/7 support.
- **Crypto On/Off Ramps** — Conversion between fiat and crypto tied to local payment rails.

## Achievements

- Built a single API covering 640+ local payment methods across 17 Latin American countries and 70+ currencies.
- Reached more than $3 billion in annual total payment volume.
- Acquired by ad-tech group Aleph in October 2024 in a deal framed against a $1.4 trillion digital-payments opportunity.
- Scaled to roughly 130 employees without disclosed venture funding.

## Latest updates

- **2024-10** — Aleph acquired a controlling equity interest in Localpayment; the company rebrands as 'Localpayment by Aleph' and targets a $1.4 trillion digital-payments market.

## Links

- Website: https://localpayment.com
- LinkedIn: https://www.linkedin.com/company/localpayment

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Profile page: https://yespress.io/localpayment
Published by YesPress — https://yespress.io
Last updated: 2026-08-16