Colombia fintech Cobre wins payments award for Bre-B adoption

Colombian fintech Cobre has been recognized for its role in bringing Bre-B, the country's instant payment system, to businesses. Over 331 companies use the platform, processing 13 million transactions with an average settlement time of seven seconds. This signals growing adoption of Colombia's real-time payments infrastructure, which could accelerate financial inclusion and digital payments in the region.

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