Maxi Send
MaxiSend (Maxitransfers LLC) is a US-based remittance company serving diaspora communities through 5,000+ agents across 47 states, offering international money transfers, bill payments, mobile top-ups, check cashing, and domestic transfers to Latin America, Asia, and West Africa.
- Company typePrivate
- Founded2000
- HeadquartersIrving, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Maxi Send does
MaxiSend (operated by Maxitransfers LLC) is a US-based, privately-held money transfer and remittance company headquartered in Irving, Texas, serving primarily Latino diaspora communities with international transfers to Latin America, the Philippines, and Vietnam, and most recently West Africa. The company runs an agent-based distribution model with over 5,000 authorized agents across 47 US states, supplemented by a 7-Eleven partnership for domestic US transfers. On the destination side, MaxiSend leverages payout partnerships with major retail and banking networks including Walmart, OXXO, Banco Azteca, Soriana, Banorte, BBVA, Bancoppel, and Elektra in Mexico and Latin America, enabling bank deposit, cash pickup, and door-to-door delivery options.
The technology stack is a traditional agent-based money transfer platform with a global payout network; no proprietary AI/ML, mobile app, or public API is disclosed, and customer interaction primarily occurs through physical agent locations, WhatsApp, and Facebook/Instagram/LinkedIn channels. Products span core international remittance plus adjacent financial services — utility bill payment (US and abroad), mobile airtime top-ups, instant check cashing (Texas and New Mexico), and domestic US transfers. The business model is transaction-fee based across each of these service lines, with pricing varying by amount, destination, and delivery method but not publicly disclosed.
Revenue mechanics are anchored to per-transaction fees on a base of 500,000+ customers sending billions of dollars annually to Latin America. The company is NMLS-licensed (ID 979622), holds an LEI (984500F5FEE950738131), and has 101-250 employees. Strategic capital came from Wells Fargo and Centerbridge to fund expansion into Nigeria, Ghana, and Senegal (announced March 2026), with approximately $74M in reported cumulative funding. The combination of a multi-decade operating history (founded 2000), a mature physical distribution footprint, and an active new-corridor expansion creates a profile distinct from venture-scale remittance startups but with active growth vectors.
Maxi Send firmographics
Firmographics- Name
- Maxi Send
- Legal name
- Maxitransfers LLC
- Website
- https://maxillc.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- MaxiSend (Maxitransfers LLC) is a US-based remittance company serving diaspora communities through 5,000+ agents across 47 states, offering international money transfers, bill payments, mobile top-ups, check cashing, and domestic transfers to Latin America, Asia, and West Africa.
- Ownership category
- akta.pro rank
Maxi Send industry classification
Industry- Product category
- Money Transfer and Remittance Services
- akta.pro primary industry
- International Money Transfer Operators (MTOs) (FSAMAIAE)
Keywords
Where Maxi Send is headquartered
LocationHeadquarters
- HQ city
- Irving
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Maxi Send business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Money Transfer Transaction Fees: MaxiSend charges transaction fees for international and domestic money transfer services. Fees are based on transfer amount, destination, and service type (bank deposit, cash pickup, or domestic transfer).
- Bill Payment Services: Customers pay utility bills (water, electricity, gas) in the US or for family in Latin America, Vietnam, and Philippines through MaxiSend agents, generating transaction revenue.
- Mobile Top-up Recharges: Mobile airtime recharging service for customers and their families in Latin America, Asia, and Philippines without requiring a bank account.
- Check Cashing: Instant check cashing service for customers in Texas and New Mexico through authorized agents with accessible fees.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Maxi Send product offering
Product offeringCore offering
MaxiSend (Maxitransfers LLC) operates an agent-based money transfer and multi-service financial platform that enables customers to send international and domestic remittances, pay utility bills, recharge mobile airtime, and cash checks. The company distributes services through a network of more than 5,000 authorized agents across 47 US states, with cash-pickup payout partnerships at major retail chains and banks in Mexico, Latin America, the Philippines, Vietnam, and West Africa.
Product overview
MaxiSend is a US-based money transfer company (operated by Maxitransfers, LLC) offering a multi-service financial platform. The core product is international remittance services to Latin America, Asia, and recently Africa, with an agent-based distribution model. The platform provides additional financial services including bill payment, mobile airtime top-ups, check cashing, and domestic US money transfers. The company operates a network of 5,000+ authorized agents across 47 US states, serving over 500,000 customers with access to billions of dollars in annual transfers.
Differentiator
Problem solved
Functional benefit
Products and services
- International Money Transfers International money transfer service (Envíos de Dinero) enabling customers to send funds to bank accounts, cash pickup locations, or door-to-door delivery across Latin America, Asia, and Africa. Targeted at diaspora communities sending money home.
- Bill Payment
Quantifiable outcome
- Over 500,000 customers trust MaxiSend for their money transfers
- +4 more outcomes
Companies that use Maxi Send
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles2 records
Maxi Send technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
Feature3 records
Maxi Send partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered major.
- WalmartmajorWalmart serves as a cash pickup location for MaxiSend remittance recipients in Mexico and Latin America.
- 7-Elevenmajor7-Eleven provides thousands of locations for domestic US money transfers through MaxiSend's network.
- OXXOmajorOXXO convenience stores serve as cash pickup locations for MaxiSend recipients in Mexico.
- Banco AztecamajorBanco Azteca branches serve as cash pickup and payment locations for MaxiSend recipients in Mexico.
- SorianamajorSoriana hypermarkets serve as cash pickup locations for MaxiSend recipients in Mexico.
- BanortemajorBanorte bank branches serve as cash pickup and payment locations for MaxiSend recipients in Mexico.
- BBVAmajorBBVA bank branches serve as cash pickup and payment locations for MaxiSend recipients in Mexico.
- BancoppelmajorBancoppel bank branches serve as cash pickup and payment locations for MaxiSend recipients in Mexico.
- ElektramajorElektra stores serve as cash pickup locations for MaxiSend recipients in Mexico.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Maxi Send competitors and assessment
Company assessmentBroad incumbents
- Xoom (PayPal): PayPal-owned digital remittance service serving US-to-LatAm and US-to-Asia corridors. Competes with MaxiSend's core offerings through a digital-first channel.
- Western Union: Largest global money transfer operator with an extensive US agent network and global payout infrastructure. Competes directly with MaxiSend in US-to-Latin America corridors and offers both digital and agent channels.
- MoneyGram: Major US-headquartered MTO with broad global payout network including retail and bank partnerships. Competes with MaxiSend in US-to-Mexico and other LatAm corridors, with both digital and agent-based distribution.
- Wise: Global cross-border payments company with US remittance product. Overlaps with MaxiSend in US-to-LatAm but uses a digital/bank-account-led model rather than agent network.
Emerging players
- Sendwave: Mobile remittance app focused on Africa-to-Africa corridors, expanding into US-to-Africa. Relevant as MaxiSend enters Nigeria, Ghana, and Senegal; competes on the same destination side.
- DLocal: Cross-border payments platform enabling emerging market payouts. Adjacent infrastructure provider serving similar merchant/payout corridors as MaxiSend's destination network.
- Felix Pay: Digital remittance platform focused on US-to-Latin America corridors. Direct digital-only competitor targeting the same LatAm diaspora customer base as MaxiSend.
Direct peers
- Intermex: US-based money transfer company specializing in US-to-Latin America and US-to-Asia corridors via agent network and digital channels. Direct competitor with similar target customer segments.
- Viamericas: US-based remittance company focused on Latin American corridors with a multi-channel agent and digital platform. Closest comparable in business model, US agent distribution, and LatAm destination focus.
- Remitly: Digital-first remittance company serving US diaspora sending money to Latin America, Asia, and Africa. Direct competitor to MaxiSend's core US-to-LatAm corridor, but operates primarily through a mobile app rather than agent network.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Maxi Send social profiles
Digital presenceMaxi Send compliance and trust
Trust signalCompliance1 record
Maxi Send financial estimates
Financial estimateRevenue estimate
Valuation estimate
Maxi Send leadership team
Management profileNumber of profiles
Maxi Send funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Maxi Send 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 Maxi Send
What does Maxi Send do?
MaxiSend (Maxitransfers LLC) operates an agent-based money transfer and multi-service financial platform that enables customers to send international and domestic remittances, pay utility bills, recharge mobile airtime, and cash checks. The company distributes services through a network of more than 5,000 authorized agents across 47 US states, with cash-pickup payout partnerships at major retail chains and banks in Mexico, Latin America, the Philippines, Vietnam, and West Africa.
Is Maxi Send a public or private company?
Maxi Send is a private company. It is classified as venture growth investor backed and is currently operating.
When was Maxi Send founded?
Maxi Send was founded in 2000. It employs 101 to 250 people.
Where is Maxi Send based?
Maxi Send is headquartered in Irving, United States, in the North America region.
How does Maxi Send make money?
Four revenue lines are on record. Money Transfer Transaction Fees are the primary driver. The others are bill Payment Services, mobile Top-up Recharges and check Cashing.
Who are Maxi Send's main competitors?
Broad incumbents on record are Xoom (PayPal), Western Union, MoneyGram and Wise. Emerging players are Sendwave, DLocal and Felix Pay. Direct peers are Intermex, Viamericas and Remitly.
Does Maxi Send have an API?
No public API is recorded for Maxi Send.
What industry is Maxi Send in?
Maxi Send's product category is Money Transfer and Remittance Services. Its primary akta.pro industry code is FSAMAIAE, International Money Transfer Operators (MTOs).