Digital Banking

Dock expands footprint in Latin America

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March 23, 2022

Dock, a financial technology infrastructure company, has boosted its presence in Latin America by opening offices in Mexico City, Mexico; Lima, Peru; Santiago, Chile; and Bogota, Colombia. The company also plans to open in Buenos Aires, Argentina; Quito, Ecuador and Santo Domingo, Dominican Republic later this year, according to a press release.

"Dock is now the biggest, most modern fintech partner available in Latin America," Antonio Soares, CEO at Dock, said in the release. "We're proud of the momentum we've gained over the last year and look forward to our continued growth in 2022. Our expanded operations in the Latin American region will give us access to new partners and talent, as we make a more robust investment in our technology and people to deliver an unmatched experience to our customers."

Dock has also seen large growth this past year, with active digital banking accounts increasing by 380% in 2021.

"Our mission is to enable our clients to democratize access to the financial system for millions of unbanked and underbanked people in Latin America," Gerardo Bonilla, chief revenue officer of Dock, said in the release. "We're focused on enabling clients of all sizes and sectors, from banks to fintechs to embedded finance initiatives. The opening of our regional operations will accelerate our efforts to reach and serve more customers in the region."