Case Study
Jan 22, 2025
5 min read

Rain and Takenos Partner to Launch TakeCard for Cross Border Payments in Latin America

The digital era has revolutionized how we work, shop, and manage our finances, with cross-border transactions becoming a key part of global connectivity. However, for many individuals in Latin America, accessing seamless international payment solutions remains a challenge. That’s where Takenos and Rain come in. Together, they are empowering users with TakeCard—a versatile solution designed for cross-border transactions.

A Partnership for Cross-Border Financial Freedom

Takenos, the Argentine platform founded in 2022, has rapidly gained popularity across Latin America, including in Argentina, Uruguay, and Mexico. Known for simplifying international payment processes, Takenos enables users to manage their global finances effectively. From opening virtual accounts in the U.S. to handling withdrawals in local currencies, dollars, and cryptocurrencies, Takenos has built a reputation for offering reliable, secure, and efficient payment solutions.

Rain, the innovative leader in digital asset authorization and settlement, has partnered with Takenos as the issuer of TakeCard. Together, the two companies have launched a card program tailored to the needs of cross-border users. The TakeCard allows individuals to fund their accounts with cryptocurrencies, receive payments in dollars, make international purchases, and manage subscriptions to popular services like Netflix and Spotify, all without the hassle of currency conversion fees.

The Impact of TakeCard

Latin Americans often face hurdles when trying to access or utilize their earnings and funds for international transactions. The TakeCard eliminates these challenges by providing a seamless solution for managing global finances. Users can fund their accounts with crypto, book travel, subscribe to digital platforms, and withdraw funds directly in their preferred currencies.

The partnership’s goal is to address a growing need in the market. According to the Ministry of Economy, more than 500,000 Argentinians are exporting their work abroad, with the U.S. and Europe as key markets. Takenos’ user base has already surpassed 10,000 registered users, and the launch of TakeCard will undoubtedly accelerate this growth.

“Our mission has always been to empower individuals by providing them with the tools they need to thrive internationally. Partnering with Rain allows us to extend our vision and give users the financial freedom they deserve. TakeCard is a solution to a persistent problem in the region,” says Lucas Posada, Co-founder of Takenos.
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