Inswitch
Inswitch is a B2B embedded finance platform that enables enterprises, banks, fintechs, and processors across LATAM, the US, and 130+ countries to integrate payments, card issuing, core banking, FX, and cross-border money services through a single API.
- Company typePrivate
- Founded2026
- HeadquartersMiami, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Inswitch does
Inswitch is a B2B embedded finance platform that enables enterprises, banks, fintechs, payment processors, and MTOs to integrate financial services via a single API. Its product suite spans payments, virtual accounts, card issuing and processing, core banking and digital wallets, cross-border money services, remittances, and an institutional FX Desk, with built-in KYC/KYB, AML, and fraud prevention tooling certified under SOC 1, SOC 2, PCI DSS, and ISO 27001. The platform is anchored in LATAM, where Inswitch aggregates liquidity through 10+ banking partners, captures 50%+ market share of MTO flows in Mexico and Guatemala, and processes over $60 billion in annual value across 130+ countries and 80,000+ payout locations.
The company operates a B2B-only, API-first go-to-market targeting strategic client segments including banks and neobanks, gig economy platforms, and e-commerce/retail merchants, with distribution amplified through banking/processor partnerships and technology integrations with VTEX, Mastercard, Visa, Binance Pay, Thredd, and Circle. Wholly-owned subsidiaries span Argentina, Brazil, Chile, Colombia, El Salvador, Guatemala, Mexico, Peru, Uruguay, the US (headquarters in Davie, FL), and the UK. Inswitch is a subsidiary of TransNetwork following its 2024 acquisition, and in March 2026 the corporate identity was consolidated under the Movantis brand while products continue to be marketed as Inswitch.
Revenue mechanics are not publicly disclosed but are anchored in transaction-fee and platform-licensing models with multi-year enterprise contracts and quote-based pricing tailored to client size, geography, and product module. Headcount of 101–250 employees supports a mid-stage operating footprint across the company's 11-country subsidiary network, with recent strategic emphasis on European expansion, stablecoin-based settlement via the Circle Payments Network, and SOC 1/SOC 2 audit completion to broaden enterprise and banking client eligibility.
Inswitch firmographics
Firmographics- Name
- Inswitch
- Legal name
- Inswitch Solutions Inc.
- Website
- https://inswitch.com
- Company type
- Private
- Founded year
- 2026
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Inswitch is a B2B embedded finance platform that enables enterprises, banks, fintechs, and processors across LATAM, the US, and 130+ countries to integrate payments, card issuing, core banking, FX, and cross-border money services through a single API.
- Ownership category
- akta.pro rank
Inswitch industry classification
Industry- Product category
- Embedded Finance Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)
- akta.pro secondary industries
- Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK), Cross-Border Payouts & Mass Disbursements (Pay-outs) (FSAMAIAJ), Cross-Border B2B2C Payouts (Mass Payouts, Gig/Creator, Marketplace) (FSAGAKAC), Trade & Invoice Payments (Cross-Border B2B) (FSAMAIAL)
Keywords
Where Inswitch is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices11 records
Markets served
Inswitch business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- B2B Embedded Finance Platform Services: Inswitch operates exclusively B2B, providing embedded finance technology via APIs to enterprises, banks, fintechs, and processors. Revenue is generated through platform licensing, transaction processing fees, and potentially subscription or usage-based models for API access.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B enterprise pricing — tailored quotes based on product module, transaction volume, and geographic scope. |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Inswitch product offering
Product offeringCore offering
Inswitch provides an API-driven embedded finance platform that enables businesses to integrate a full ecosystem of financial services—payments, card issuing, core banking, cross-border money movement, remittances, and FX—through a single API connection. The platform serves enterprises, banks, fintechs, and processors across LATAM, the U.S., and 130+ countries with built-in regulatory compliance, white-label customization, and local settlement infrastructure. Revenue is generated via transaction processing fees and platform licensing to B2B clients.
Product overview
Inswitch is an embedded finance platform that enables any company to become a fintech through a single API integration. The platform provides a modular ecosystem including Payments, Virtual Accounts, Issuing & Processing, Core Banking & Digital Wallets, Cross-Border Money Services, Remittances, and FX Desk capabilities. The offering combines financial infrastructure with built-in regulatory compliance (KYC/KYB, AML, fraud prevention) and white-label customization, enabling B2B clients to deploy financial services across LATAM, the US, and beyond with fast implementation timelines.
Differentiator
Problem solved
Functional benefit
Products and services
- Payments
- Virtual Accounts
- Issuing & Processing
Quantifiable outcome
- Over $60 billion in annual value processed across 130+ countries
- +4 more outcomes
Companies that use Inswitch
Customer profileNamed customers16 records
Segments6 records
Ideal customer profiles6 records
Inswitch technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature6 records
Inswitch partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, flagship and minor.
- CirclecoreMovantis joined the Circle Payments Network to expand real-time global value movement across Latin America and beyond, enabling seamless cross-border transactions via USDC stablecoin integration and Circle's payment infrastructure.
- MovantisflagshipMovantis is the new corporate brand unifying Inswitch's consolidated platform, representing over 20 years of processing and payment infrastructure. Movantis operates across 130+ countries with $60 billion in annual value and 80,000+ payout locations. Inswitch now operates under the Movantis umbrella.
- VTEXcoreInswitch partnered with VTEX to expand the payment offerings for over 3,200 e-commerce companies using the VTEX platform, integrating Inswitch's payment processing into VTEX's commerce ecosystem.
- Binance PaycoreAlliance between Despegar, Binance Pay, and Inswitch enables Mexican travelers to pay for travel with cryptocurrency, with Inswitch providing the fiat payment infrastructure bridging crypto and traditional payment rails.
- Latam Fintech HubminorInswitch and Latam Fintech Hub partnered to strengthen financial infrastructure in Latin America, with Inswitch participating as a member and contributor to the hub's fintech ecosystem development initiatives.
- Regional Banking Partners (FX)coreInswitch's FX Desk aggregates liquidity from multiple global and regional providers, executing optimized FX pricing with more than 10 banking partners. Local settlement is enabled through regional banking partners in LATAM and the U.S.
Scale indicators11 records
Recent moves9 records
Expansion highlights5 records
Inswitch competitors and assessment
Company assessmentDirect peers
- Marqeta: Public card-issuing and embedded payments platform enabling fintechs and enterprises to launch and scale card programs via API — directly comparable to Inswitch's Issuing & Processing module and single-API embedded finance model.
- Galileo Financial Technologies: Leading BaaS / embedded finance platform owned by SoFi providing card issuing, core banking, and payments APIs — directly comparable to Inswitch's core banking, issuing, and wallet infrastructure offerings.
- dLocal: Cross-border payment processor focused on emerging markets, particularly LATAM — directly comparable to Inswitch's LATAM-anchored cross-border, FX, and local settlement capabilities.
- Treasury Prime: BaaS platform providing bank APIs for core banking, payments, and compliance — comparable to Inswitch's core banking & digital wallets and compliance modules, with similar API-first delivery to banks and fintechs.
- Highnote: Embedded payments and card-issuing platform built on a single API — directly comparable to Inswitch's modular single-API architecture spanning payments, issuing, and wallets.
- Unit: Embedded finance platform offering banking-as-a-service APIs for accounts, cards, and payments — comparable to Inswitch's core banking, issuing, and embedded payments modules targeted at fintechs and platforms.
Broad incumbents
- Stripe (Connect / Issuing): Global payments platform with embedded finance products (Connect, Issuing, Treasury) — broad incumbent competing across the same embedded finance surface area as Inswitch but at much larger scale.
- Adyen: Global payments and acquiring platform offering unified online, in-store, and platform payment processing — broad incumbent that competes with Inswitch's payments and platform processing modules for enterprise clients.
Regional players
- Bitso: LATAM-focused crypto and cross-border payments platform — regional peer overlapping with Inswitch's FX, remittance, and crypto-payment (Binance Pay) capabilities across Mexico and broader LATAM.
Emerging players
- Thredd: Card-processing and issuing infrastructure provider — Inswitch has an explicit partnership with Thredd for LATAM market entry, indicating closely aligned go-to-market in card issuing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Inswitch social profiles
Digital presenceInswitch compliance and trust
Trust signalCompliance5 records
Inswitch financial estimates
Financial estimateRevenue estimate
Valuation estimate
Inswitch leadership team
Management profileNumber of profiles
Profiles3 records
Inswitch subsidiaries and ownership
Company hierarchySubsidiaries11 records
Inswitch funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Inswitch M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Inswitch
What does Inswitch do?
Inswitch provides an API-driven embedded finance platform that enables businesses to integrate a full ecosystem of financial services—payments, card issuing, core banking, cross-border money movement, remittances, and FX—through a single API connection. The platform serves enterprises, banks, fintechs, and processors across LATAM, the U.S., and 130+ countries with built-in regulatory compliance, white-label customization, and local settlement infrastructure. Revenue is generated via transaction processing fees and platform licensing to B2B clients.
Is Inswitch a public or private company?
Inswitch is a private company. It is classified as corporate owned and is currently operating.
When was Inswitch founded?
Inswitch was founded in 2026. It employs 101 to 250 people.
Where is Inswitch based?
Inswitch is headquartered in Miami, United States, in the North America region.
How does Inswitch make money?
One revenue line is on record: B2B Embedded Finance Platform Services.
Who are Inswitch's main competitors?
Direct peers on record are Marqeta, Galileo Financial Technologies, dLocal, Treasury Prime, Highnote and Unit. Broad incumbents are Stripe (Connect / Issuing) and Adyen. Bitso is listed as a regional player. Thredd is listed as an emerging player.
Does Inswitch have an API?
Yes. Inswitch offers a single API-driven platform that provides access to a full ecosystem of payments, card issuing, core banking, cross-border, and money services. The API enables businesses to integrate financial services into their operations. The company provides a Developer Hub at docs.inswitch.com for technical documentation. Developer documentation is at docs.inswitch.com.
What industry is Inswitch in?
Inswitch's product category is Embedded Finance Platform. Its primary akta.pro industry code is FSAGALAB, Embedded Payments (Pay-ins, Pay-outs, Wallets), with a secondary code of FSAGABAK, Cross-Border FX, Multi-Currency & Treasury for Payments. Its NAICS code is 522320 and its SIC code is 6199.