What Transnetwork Corporation does

Transnetwork Corporation (operating as TransNetwork LLC) is a Houston-headquartered, privately held B2B cross-border payments and processing platform founded in 2002 (with operations beginning in 2004) that connects banks, money transfer operators, payment providers, and fintech companies to a multi-country payment network across the Americas. The company's core offering is a cloud-based API suite enabling partners to execute direct-to-bank, direct-to-card, and cash payouts across 10+ countries (Mexico, Guatemala, El Salvador, Honduras, Costa Rica, Nicaragua, Colombia, Ecuador, Peru, Dominican Republic), with the Movantis brand extending reach to 130+ countries. The platform includes a real-time and historical AML/CTF compliance monitoring engine, in-house treasury and foreign exchange services, ISO 27001-certified security infrastructure, and white-label POS/mobile solutions, supported by a 24/7 contact center and 80,000+ payout locations across Latin America.

The company generates revenue primarily through transaction processing fees on cross-border remittances, mass payouts, and retail cash payouts, supplemented by API access and integration fees from financial institution and fintech partners, and FX conversion margins from its treasury operations. Transnetwork has executed a sustained M&A-driven geographic and capability expansion strategy, acquiring Citibank's Central American payment platform (2014), a top Guatemala processor (2018), Pagos Intermex in Mexico (2020), Teledolar in Costa Rica and Nicaragua (2022), and Inswitch Holding (April 2024), with backing from institutional investors Flexpoint, GCP Capital Partners, and Investar. The March 2026 launch of the Movantis brand represents a strategic consolidation of 20+ years of processing infrastructure into a unified value movement platform positioning the company for global enterprise and institutional clients.

Name

Transnetwork Corporation

Legal name

Transnetwork LLC

Website

https://transnetwork.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

101–250 employees

Short description

Transnetwork Corporation is a Houston-based B2B cross-border payments platform providing banks, MTOs, and fintechs with API access to a multi-country payment network across 10+ Latin American countries, processing over $60 billion in annual value under the Movantis brand.

Ownership category

akta.pro rank

Product category

Cross-Border Payment Processing

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

akta.pro primary industry

Cross-Border Payment Routing, Orchestration & Connectivity (FSAMAIAK)

akta.pro secondary industries

Cross-Border & FX Payments Platforms (BPAMAFAK), Cross-Border A2A & Bank Transfer Networks (FSAMAIAF), Payment Gateways & API Connectivity (FSAGABAB), Remittance & Cross-Border Payment Rails (SWIFT, Local Clearing, RTP Connectivity) (FSAGAKAH)

Keywords

• Cross-border payments
• Remittance processing
• Payment network API
• Latin America payouts
• AML compliance engine

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Transaction Processing Fees: Transnetwork charges transaction fees for processing cross-border payments, remittances, and payouts through its payment network. The platform supports direct-to-bank, direct-to-card, and cash payout options across Latin America, generating revenue per transaction processed.
2. API Access and Integration Services: Revenue is generated through API access fees charged to partners (banks, MTOs, fintechs) for connecting to Transnetwork's payment network. Integration support is provided as part of the service offering.
3. Foreign Exchange and Treasury Services: Transnetwork provides competitive foreign exchange services to partners, generating revenue through FX conversion margins and treasury settlement services across multiple currencies and countries.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Transnetwork is a B2B cloud-based international payments platform and compliance monitoring engine that provides banks, money transfer operators (MTOs), payment providers, and fintech companies with API access to a diversified multi-country payment network across the Americas. Through a single API connection, partners gain access to direct-to-bank, direct-to-card, and cash payout capabilities, cross-border and domestic remittance processing, mass payouts, and a real-time AML/CTF compliance engine, with direct integration to local banking systems such as SPEI (Mexico) and SINPE (Costa Rica).

Product overview

Transnetwork Corporation operates under the Movantis brand, offering a unified value movement platform that consolidates over 20 years of processing and payment infrastructure. The core offering is a cloud-based international payments platform accessible through an API suite, enabling cross-border money movement for banks, fintechs, MTOs, and enterprises across 130+ countries. The platform provides direct-to-bank, direct-to-card, and cash payout capabilities, along with a compliance monitoring engine for real-time AML/CTF monitoring, treasury and FX services, and white-label POS/mobile solutions. The portfolio includes acquired brands Pagos Intermex (Mexico remittances, 2020), Teledolar (Costa Rica/Nicaragua payments, 2022), and Inswitch (2024), which operate as part of the unified Movantis platform.

Differentiator

Problem solved

Functional benefit

Brands

• Movantis: A unified value movement platform consolidating over 20 years of Transnetwork's processing and payment infrastructure, aimed at enterprises, banks, fintechs, and MTOs, operating across more than 130 countries.

Products and services

• Movantis Platform A unified value movement platform consolidating over 20 years of Transnetwork's processing and payment infrastructure for global money movement, supporting enterprises, banks, fintechs, and MTOs across 130+ countries.
• Cloud-Based International Payments Platform A multi-country payment network platform enabling money movement into the Americas with capabilities for direct-to-bank, direct-to-card, cash payouts, cross-border remittances, and mass payouts.
• API Suite A comprehensive API suite enabling partners to connect to Transnetwork's payment network and integrate payment capabilities into their own systems through a single API connection.
• Compliance Monitoring Engine A compliance engine providing real-time and historical monitoring capabilities, regulatory compliance fulfillment, and AML/CTF monitoring for cross-border payments.
• Treasury and FX Services Specialized treasury and foreign exchange services facilitating currency conversion and settlement requirements across multiple countries and currencies for cross-border payment partners.
• White Label POS and Mobile Solutions White-label point-of-sale and mobile payment solutions for partners to offer cross-border payment capabilities under their own brand.
• Cross-Border Remittance and Mass Payouts Processing Processing service supporting cross-border and domestic remittance payments and mass payouts across the multi-country network, enabling partners to deliver payments directly to bank accounts, cards, mobile wallets, and cash pickup points.

Quantifiable outcome

• $60 billion+ in value processed annually across 130+ countries
• +2 more outcomes

Named customers16 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Inswitch HoldingcoreStrategic or Co-development Partner · 9 April 2024Transnetwork acquired Inswitch Holding. Inswitch provides payment technology and processing capabilities that strengthen Transnetwork's infrastructure. Ronald Alvarenga serves as CEO of Inswitch within the Transnetwork group.
• Legal Advisors (Transaction Counsel)minorImplementation/ SI/ Consulting Partner · 8 April 2024Two law firms advised Transnetwork on its acquisition of Inswitch. Financial and strategic details of the acquisition were not publicly disclosed.
• TeledolarcoreStrategic or Co-development Partner · 1 January 2022Transnetwork acquired Teledolar, a leading payment processor and Fintech player in Costa Rica and Nicaragua, further expanding its presence in Central America.
• Pagos IntermexcoreStrategic or Co-development Partner · 1 January 2020Transnetwork acquired Pagos Intermex, a leading remittance payor in Mexico. Monica Ruiz serves as Director of Pagos Intermex, and Gina Cruz serves as Compliance Officer. Operations were expanded through SPEI in Mexico.
• Guatemala Payment Processing PlatformcoreStrategic or Co-development Partner · 1 January 2018Transnetwork acquired a top payment processing platform in Guatemala in 2018, becoming the leading remittances processor in the region.
• CitibankcoreStrategic or Co-development Partner · 1 January 2014Transnetwork acquired Citibank's payment processing platform in Central America in 2014, marking a significant expansion of its processing capabilities in the region and initiating operations in El Salvador, Honduras, Peru, and Ecuador.

Scale indicators10 records

Recent moves13 records

Expansion highlights5 records

Direct peers

• dLocal: Public cross-border payments platform specializing in enabling global merchants and platforms to process payments in emerging markets, with deep LatAm coverage. Comparable to Transnetwork in targeting emerging-market payout and pay-in rails for fintechs, MTOs, and merchants.
• Nium: Global cross-border payments-as-a-service platform offering real-time payouts, issuing, and B2B payment rails via APIs. Comparable to Transnetwork as a B2B API-driven cross-border payment network serving banks, fintechs, and enterprises across multiple corridors.
• EBANX: LatAm-focused cross-border payment processor connecting global merchants to consumers in Brazil, Mexico, and across Latin America via local payment methods. Directly comparable in geographic focus and in serving fintech/MTO-style partners with cross-border payment orchestration.
• TerraPay: Cross-border payment orchestration network connecting banks, mobile wallets, and MTOs across emerging markets. Comparable to Transnetwork as an interoperability layer for cross-border money movement, with overlapping MTO and financial-institution customer base.
• Currencycloud: Cross-border payment infrastructure (now part of Visa) offering API-based FX and multi-currency payment processing for fintechs and banks. Comparable to Transnetwork's API-first cross-border payment stack and FX services.
• Remitly: Digital-first remittance provider serving U.S.-to-LatAm and other corridors via its own mobile platform and bank/payout partnerships. Comparable to Transnetwork's remittance and bank-payout use cases as both a customer and adjacent digital competitor.
• Payoneer: Cross-border B2B payments and mass-payouts platform serving marketplaces, freelancers, and enterprises. Comparable to Transnetwork's cross-border mass-payout and FX service offerings for businesses moving funds internationally.

Broad incumbents

• Visa Direct: Visa's real-time push-payments network for cross-border P2P, B2B, and disbursement use cases, directly competing with Transnetwork's direct-to-card and bank-payout capabilities for cross-border money movement.
• Western Union: Largest global MTO with extensive retail and bank payout networks, including a Western Union Business Solutions arm for B2B cross-border payments. Comparable as a customer/partner of Transnetwork but also a broader incumbent offering overlapping capabilities across the same corridor.
• MoneyGram: Global MTO with a MoneyGram Online platform and agent network spanning Latin America. Comparable as a major send partner of Transnetwork that also operates competing direct payout rails in the same corridor.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A1 record

Investments

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

Frequently asked questions about Transnetwork Corporation