“Building our own payment rails is a long-game approach that takes time but delivers the best, most direct and most customizable experience for clients. It has allowed us to act as a universal translator for each bank, ERP (enterprise resource planning) and company. That way, we can skip the unnecessary intermediation that is typical of payments and truly open the financial systems for our clients.”

https://techcrunch.com/2023/10/05/cobre-13m-latin-america-corporate-payments/