RTGS.global and Bamboo have today announced a strategic partnership to enhance cross-border payment capabilities for financial institutions, payment providers and businesses operating across Latin America, including those supporting regulated iGaming activities enabling faster, more efficient movement of funds across one of the industry's fastest-growing regions.
Latin America has emerged as a key growth market for the global iGaming sector, fuelled by regulatory developments, increasing digital payment adoption and rising player participation. However, operators expanding across the region continue to face significant challenges when moving money between markets, including fragmented payment infrastructure, complex currency management requirements and reliance on slow, costly correspondent banking networks.
The partnership combines RTGS.global's next-generation cross-border payment infrastructure with Bamboo's extensive local payment network across Latin America, enabling operators, payment providers and financial institutions supporting the sector to access local payment rails and currencies more efficiently.
With daily FX turnover across Latin America growing from $135 billion in 2010 to $330 billion today, the region has become an increasingly important destination for international businesses. For iGaming operators in particular, the ability to deliver fast deposits, seamless withdrawals and efficient treasury management across multiple jurisdictions has become a critical competitive differentiator.
Through the partnership, Bamboo will provide access to local payment capabilities across key Latin American markets, while RTGS.global's network will enable participating organisations to benefit from real-time settlement, enhanced liquidity management and streamlined cross-border payment execution. Coverage includes Argentina, Brazil, Chile, Colombia, Peru, Uruguay and Mexico, one of the region's largest and fastest-growing payment markets.
"Latin America represents one of the most exciting growth opportunities for the global iGaming industry, but operators continue to face significant challenges when moving money efficiently across borders," said Felipe Hillard, Chief Commerical Officer at RTGS.global." Market expectations around deposits and withdrawals have never been higher, while operators are managing increasingly complex payment and treasury requirements across multiple markets. By partnering with Bamboo, we're helping create a more connected payments ecosystem that enables faster settlement, improved liquidity management and more efficient access to local payment infrastructure throughout the region."
The partnership will help operators and payment providers serving regulated markets to reduce friction in cross-border transactionsand improve operational efficiency, while also supporting broader payment flows across industries including e-commerce, digital products and services, and financial services.
RTGS.global's platform connects financial institutions through a single integration, enabling real-time cross-border payments, foreign exchange and interoperability across global markets. Combined with Bamboo's local market expertise and payment connectivity, the partnership will provide organisations with a more efficient route into key Latin American payment corridors.
Latin America continues to see strong investment and growth across digital industries, increasing demand for payment infrastructure that is efficient, reliable and connected to local markets," said Greg Cornwell, Chief Revenue Officer at Bamboo. "Through our partnership with RTGS.global, we are combining deep local expertise with innovative cross-border settlement capabilities to help financial institutions, payment providers and regulated businesses move funds more efficiently across the region
As regulatory frameworks continue to evolve and the iGaming sector expands across Latin America, both organisations will work together to support financial institutions, payment providers and businesses seeking more efficient, transparent and scalable cross-border payment capabilities.
