Interactive Brokers collaborates with Paysafe’s SafetyPay to expand funding options for LatAm investors
Electronic trading major Interactive Brokers Group, Inc (NASDAQ:IBKR) today announced a new funding solution for its clients in Latin America, through a collaboration with Paysafe’s SafetyPay.
The integration expands IBKR’s range of funding methods and reinforces its commitment to providing fast, simple, and cost-effective account funding services for clients in the region.
SafetyPay allows eligible clients in Latin America to fund their IBKR accounts directly from personal bank accounts in local currencies, simplifying the path from deposit to investing. Once accounts are funded, clients can readily access IBKR’s full range of products, including stocks, options, futures, currencies, bonds, funds, and more across over 170 global markets from a single unified platform.
“Funding an account should be straightforward,” said Milan Galik, Chief Executive Officer of Interactive Brokers. “SafetyPay gives clients in Latin America a simple way to transfer funds from their local bank accounts and quickly access the global markets available through IBKR. We will continue to improve the funding experience by adding practical local solutions that make it easier for clients to invest.”
