Cobre, a leading platform for real-time business payments in Latin America, has announced that from September it will become the first participant in Colombia’s financial system to enable instant interbank payments exclusively for businesses.
As a long-time advocate of financial digitalization in Colombia, Cobre will accelerate adoption of the new interoperable real-time payment system for businesses under the Bre-B framework, transforming how money moves across the country.
This new functionality will allow companies to use payment aliases (keys) to receive instant, interoperable transfers without altering their existing accounting flows or payment systems. It eliminates operational friction, making it easier for businesses to adopt the new financial infrastructure. Companies will also be able to receive payments from corporate clients around the clock—24/7, including weekends and holidays—significantly improving cash flow and accelerating accounting cycles.
“At Cobre, we believe innovation should go beyond the buzzword. That’s why we’ve worked hard to bring real-time to enterprise payments in Colombia before anyone else. This benefits not only our clients, but also the country’s entire financial modernization agenda,” said José Gedeón, CEO and Co-founder of Cobre.
Cobre plans to grant early access to its customers, including major retailers, fintechs and logistics providers.
“This has been the result of months of joint work with various ecosystem partners. This is definitely another step in our mission to provide innovative, efficient financial tools for companies,” Gedeón added.
