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Minteo

Stablecoin settlement layer for Latin America

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About

Minteo is a Latin American startup building a stablecoin-based settlement layer for the region. It issues COPM, the first stablecoin pegged 1:1 to the Colombian peso, fully reserved via cash deposits in regulated Colombian banks with monthly BDO attestations. COPM is used by over 100,000 Colombians (notably through the Littio app) for remittances and e-commerce, and the company is expanding into Mexico, Chile and Peru. Minteo raised a $4.3M round in 2022 and is unrelated to the identity firm IDEMIA.

Issuer of COPM, the first Colombian peso stablecoin, building a cross-border settlement layer for Latin America.

Stablecoins

COPM

Key products

COPM

Chains

Ethereum
Founded
2022
HQ
Colombia
Stage
Seed
Funding
$4.3M (2022)

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