Saldo.mx

What Saldo.mx does

Saldo.mx operates a non-custodial digital wallet focused on bill payment and remittance use cases for users in Mexico and the broader LATAM region. The company's primary user persona is individuals who need to pay bills or send funds to family members living abroad, with the wallet positioned as a self-sovereign alternative to custodial remittance services. Distribution is mobile-first via the iOS App Store and Google Play Store, with no disclosed enterprise sales motion and a product-led growth model targeting individual consumers and families supporting relatives abroad.

The technical architecture is built on the Stellar blockchain network, with USDC stablecoin issued by Circle providing the dollar-denominated transaction rail. Users hold their own private keys and recovery phrases, meaning Saldo does not custody funds — a structural choice that removes counterparty risk but also means the company cannot recover lost credentials on the user's behalf. The Dollar Account feature surfaces full transaction history on-chain, and the platform layers bank-level encryption and multi-factor authentication on top of the self-custody model.

Revenue mechanics flow primarily through the Bill Pay Services line, which is provided by Yourbanice, S.A.P.I. de C.V. as the merchant of record — Yourbanice handles execution, KYC/AML compliance, customer support, and settlement, while Saldo facilitates user access to those services. Pricing is not publicly disclosed and is set by Yourbanice, with network fees noted as dynamic. Known external capital is minimal — $100,000 from Avalancha Ventures in 2016-04 and a MassChallenge participation in 2017-07 — and the company operates with 1–10 employees. Crossmint provides payment infrastructure and Twilio handles the SMS Program (Saldo Alerts) for transactional and promotional messaging.

Name

Saldo.mx

Legal name

Saldo

Website

https://saldo.mx

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Saldo.mx is a non-custodial digital wallet built on Stellar and Circle's USDC, enabling users in Mexico and LATAM to pay bills and send remittances to family abroad via a self-custody mobile app.

Ownership category

akta.pro rank

Product category

Digital Wallet

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Finance Services (6199)

akta.pro primary industry

Self-Custody Wallets (EOA, seed phrase, HD wallets) (FSAPACAA)

akta.pro secondary industries

Self-Custody Wallets (Consumer & Institutional) (FSADACAE), Crypto Remittance & Cross-Border Money Transfer Providers (FSADAIAD), International / Multi-Currency Wallets (FSAMAEAL)

Keywords

• Mobile wallet
• Bill payment
• Remittance services
• Non-custodial wallet
• Dollar account

Headquarters

HQ city

San Jose

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Operations, Infrastructure, Marketing or Sales, Personnel

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Saldo.mx is a mobile-first digital wallet that lets users pay bills and send remittances to family members in Mexico using a non-custodial self-custody wallet built on the Stellar blockchain. The product combines a dollar-denominated account with on-chain transaction history, bank-level encryption, and multi-factor authentication, while bill payment and remittance execution is facilitated through a partner service provider (Yourbanice, S.A.P.I. de C.V.).

Product overview

Saldo.mx is a mobile-first financial platform offering a non-custodial wallet for paying bills and managing funds. The core product is the Saldo Self-Custody Wallet, which integrates with the Stellar blockchain network and Circle's USDC stablecoin to enable dollar-denominated transactions. The Dollar Account feature provides on-chain transaction visibility. Bill Pay Services, powered by Yourbanice, S.A.P.I. de C.V., extends the platform with bill payment, top-up, and remittance capabilities. The platform targets users who need to support family members by paying their bills from afar.

Differentiator

Problem solved

Functional benefit

Products and services

• Saldo Self-Custody Wallet A non-custodial wallet that lets users manage their funds securely by holding and controlling their own private keys and recovery phrases, providing full autonomy over digital assets.
• Dollar Account A dollar-denominated account feature with fully visible on-chain transaction history, enabling users to manage USD funds and view complete transaction records on the blockchain.
• Bill Pay Services A service enabling users to pay bills, top-ups, and send remittances for family members. Provided by Yourbanice, S.A.P.I. de C.V. as the merchant of record responsible for execution, customer support, compliance, and settlement.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• StellarcoreTechnology or IntegrationStellar is listed as a partner on Saldo's website. Stellar is a blockchain network that enables cross-border transactions and remittances. Saldo likely leverages Stellar's network for its dollar accounts and onchain transaction capabilities.
• CirclecoreTechnology or IntegrationCircle is listed as a partner on Saldo's website. Circle issues USDC stablecoin and provides stablecoin infrastructure. Circle likely provides USDC/stablecoin settlement rails and financial infrastructure for Saldo's dollar account functionality.
• Yourbanice, S.A.P.I. de C.V.coreStrategic or Co-development PartnerYourbanice is the service provider and merchant of record for Bill Pay Services including bill payments, top-ups, and related remittance functionality. Yourbanice is responsible for execution, customer support, compliance, and settlement related to Bill Pay Services. Saldo facilitates access to Yourbanice but does not control or guarantee their services.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Market position

Strengths4 records

Competitive moat4 records

Key risks1 record

Key highlights5 records

Customer concentration

• Xx.com/saldomx
• LinkedInlinkedin.com/company/saldo-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Saldo.mx