Transfer

What Transfer does

Operadora de Pagos Móviles de México, S.A. de C.V. (OPM), doing business as Transfer, is a Mexico City-based, privately held payment-infrastructure company founded in April 2012. It operates as a licensed participant in Banco de México's SPEI interbank electronic payment system (CLABE prefix 684-OPM), processing real-time 24/7 disbursements and collections to any financial institution within the SPEI ecosystem at an average of 1–2 seconds per transaction. CNBV-reported data indicates OPM holds approximately 29% of national bank accounts in Mexico, with over 10 million client bank accounts processed across marquee institutions including Banamex and Inbursa.

The platform is built around a core Transfer SPEI module accessible via REST API (HTTPS with JSON payloads, X-Custom-Auth header) and a self-serve web module, both supporting online real-time and scheduled batch disbursements. Surrounding modules expand the surface: Transfer Connect (microservices-based, Dockerized infrastructure for direct SPEI participants to connect financial cores to Banxico's SPEI, including SPEI A/B and contingency modules), Account Validator (a $0.01 SPEI micro-transfer plus CEP-receipt check for CLABE ownership verification and fraud prevention), SMS & RCS Campaigns (automated customer messaging with a 10,000-message minimum), and a web-based Payment Module dashboard for access control, transaction monitoring, layout uploads, and Excel/PDF reporting. Integration with client ERPs is achieved through REST APIs or Excel-based layout files carrying orderer name, sender account, alphanumeric/numerical references, amount, destination CLABE, beneficiary name, RFC, and CURP.

Commercially, Transfer serves enterprise and mid-market customers across banking, retail, telecom, mobility/TAG, digital wallets, credit grantors, and payment gateways. Revenue is generated primarily through transaction-based fees quoted in Mexican pesos (rather than as a percentage of value, distinguishing it from card-network economics), commissions on Payment-for-Services flows, and usage-based SMS/RCS messaging. Go-to-market blends direct enterprise sales (WhatsApp, email, phone, online questionnaire) with a self-serve web module for simpler onboarding, supported by a Spanish/English/Chinese website. The company is led by founder and CEO Darrington Henderson; no funding rounds, institutional investors, or material leadership changes are disclosed.

Name

Transfer

Legal name

Operadora de Pagos Móviles de México, S.A. de C.V.

Website

https://transfer.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Transfer (Operadora de Pagos Móviles de México) is a Banco de México-licensed SPEI participant operating a real-time interbank disbursement and collection platform for Mexican enterprises, processing over 10 million bank accounts across banking, retail, telecom, mobility, and lending verticals.

Ownership category

akta.pro rank

Product category

Payment Processing & Electronic Funds Transfer

NAICS

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

SIC

Telegraph & Other Message Communications (4822)

akta.pro primary industry

Domestic Wire Transfer Processing (FSAMAHAA)

akta.pro secondary industries

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), Wire/RTP Reconciliation, Settlement & Nostro/Vostro Support (FSAMAHAH), Wire/RTP Confirmation of Payee (CoP) & Beneficiary Verification (FSAMAHAL), Wire/RTP Message Formatting, Routing & Translation (ISO 20022 / MT-MX) (FSAMAHAE)

Keywords

• SPEI payment processing
• Interbank fund transfers
• Disbursement API platform
• Virtual CLABE accounts
• Electronic payment infrastructure

Headquarters

HQ city

Seattle

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SPEI Disbursement Fees: Transfer charges transaction fees for disbursements and collections processed via SPEI. The pricing model is quoted in Mexican pesos (not percentages), distinguishing from credit/debit card fees. No specific rate cards are publicly disclosed; pricing appears to be negotiated based on volume. The company eliminates third-party collection commissions by operating directly on the SPEI rail.
2. Payment for Services Commission: For the Payment for Services product, companies earn a commission for each service payment made through their digital or physical channels. The company deposits a pre-established amount into an OPM account to create a fund from which all service payments are debited, with OPM deducting the total bill amount plus transaction fee.
3. SMS and RCS Messaging: Revenue generated from SMS and RCS campaign message delivery, with exclusive pricing for OPM customers. Minimum purchase of 10,000 messages per campaign.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Transfer operates as a licensed SPEI (Sistema de Pagos Electrónicos Interbancarios) participant authorized by Banco de México, providing real-time electronic fund transfer and disbursement services through Mexico's interbank payment infrastructure. The platform supports both batch (scheduled) and online (real-time) disbursement modes via REST API or a self-serve web module, with virtual CLABE account assignment, account validation, and complementary SMS/RCS campaign messaging for enterprise clients.

Product overview

Transfer is a unified financial services platform built around the Transfer module that processes and stores SPEI accounts for real-time transactions and accessible disbursement distribution. The core offering is Transfer SPEI for payments and disbursements, which integrates with additional modules including the Account Validator (for CLABE account verification), SMS and RCS Campaigns (for customer messaging), and Transfer Connect (for SPEI participant infrastructure). The Payment Module provides the web-based interface for managing all operations. All products operate within a single integrated ecosystem connected through a REST API that enables ERP system integration.

Differentiator

Problem solved

Functional benefit

Brands

• Transfer Spei: SPEI Collection and Disbursement Module enabling real-time transfers via SPEI online or batch through API or web module.
• Transfer Connect
• Account Validator
• SMS & RCS Campaigns

Products and services

• Transfer SPEI SPEI-based payment and disbursement module enabling real-time interbank transfers and collections via CLABE accounts for Mexican enterprises. Supports both online (real-time) and batch disbursement modes, allowing businesses to send and receive payments 24/7/365 through Mexico's interbank electronic payment system with 1-2 second average processing.
• Account Validator Platform for validating CLABE accounts and account holders to prevent fraud and disbursement errors. Uses a $0.01 SPEI micro-transfer to verify account ownership through Banco de México's CEP receipt, comparing retrieved holder information against applicant-registered data. Designed for credit grantors and financial institutions.
• SMS and RCS Campaigns Automated messaging service for customer communication supporting SMS and RCS (Rich Communication Services). Offers promotional campaigns, transactional notifications, event marketing, and customer loyalty programs with personalization and scheduling capabilities. SMS supports 160 characters; Basic RCS includes company logo; Rich RCS supports images, videos, and interactive buttons. Minimum purchase of 10,000 messages per campaign.
• Transfer Connect Platform for SPEI direct participants enabling complete integration between financial cores and Banco de México's SPEI. Includes Transfer Connect (SPEI A) for traditional transfers and Transfer-Extended (SPEI B) for CoDi and Dimo transactions, with contingency mechanisms (Transfer-COA and Transfer-POA). Microservices-based with Docker containers, FEC Proxy, Core component, centralized configuration control, and alarm systems for balance reconciliation.
• Payment Module (Módulo de Dispersiones) Web-based dashboard for managing SPEI transactions including access control via email/password plus Authenticator app token, transaction monitoring, bulk layout file uploads for mass disbursements, and report generation in Excel and PDF formats with date range selection. Available with immediate credential issuance for self-serve onboarding.

Quantifiable outcome

• Transaction processing time: 1-2 seconds average after customer authorization
• +3 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature7 records

Partnerships

One partnership is on record.

• Banco de México (Banxico)coreTechnology or IntegrationTransfer operates as a licensed SPEI participant authorized by Banco de México. The company processes real-time electronic fund transfers through Banxico's interbank payment infrastructure, enabling 24/7 transactions to any financial institution in the SPEI ecosystem. Transfer Connect provides direct connection between financial institution cores and Banxico's SPEI system.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Kushki: LATAM payment infrastructure platform with strong Mexico presence, offering online payments, disbursements, and banking-as-a-service APIs. Competes with Transfer on enterprise payment processing and disbursement use cases across the region.
• Conekta: Mexico-based payment processor offering online payment acceptance, SPEI collections, and disbursements via API. Directly competes with Transfer SPEI for mid-market and enterprise payment processing volumes in Mexico.
• EBANX: LATAM-focused payment processor enabling global merchants to accept local payment methods including SPEI in Mexico. Similar API-first model and enterprise client focus, competing for the same cross-border volumes routed through Mexico.
• dLocal: Cross-border payments platform with deep LATAM coverage including Mexico, processing local payment methods including SPEI. Comparable business model (API-first, transaction fees) and target market (global merchants needing Mexican payment rails).
• STP (Sistema de Transferencias y Pagos): Mexican SPEI participant operating a real-time payment processing platform similar to Transfer Connect for direct SPEI participants. Most direct infrastructure-level competitor for Transfer's bank-to-Banxico integration business.

Broad incumbents

• Mercado Pago: Dominant LATAM payments and digital wallet platform from Mercado Libre; offers merchant acquiring, disbursements, and QR payments in Mexico. A broader incumbent that overlaps with Transfer on collections and disbursements for large merchants.
• Stripe: Global payments infrastructure platform offering Mexican payment methods including SPEI via its API. Not Mexico-specialized but a benchmark peer for API-first enterprise payment processing and a likely long-term competitive threat.
• Banorte SPEI / Citi Banamex SPEI: Major Mexican banks that operate as licensed SPEI participants offering direct corporate payment and disbursement services. Broader incumbents competing for enterprise payment processing share, leveraging their balance sheets and existing client relationships.
• OpenPay (BBVA): Online payment processor owned by BBVA Mexico, providing card and SPEI acceptance plus disbursements for merchants. A larger incumbent in the same Mexican payment processing category with deeper balance sheet backing.

Regional players

• Bitso: Mexico-headquartered crypto exchange and payments platform with a SPEI Connect product for businesses to send/receive Mexican peso transfers. Comparable regional fintech offering SPEI rails via API, though anchored to crypto on/off-ramps.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/transfermx

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Transfer