MNET

What MNET does

M-Net International Inc. (MNET/MoneyNetint) is a Florida-incorporated, privately held money transmitter providing B2B cross-border payment services. Founded formally in 2012 with operational roots dating to 2004, the company operates from Hollywood, Florida (3440 Hollywood Blvd, Suite 415) and holds money transmitter licenses from the Florida Office of Financial Regulation (FT230000097) and the South Carolina Attorney General (NMLS 1764956), alongside ISO 27001-2022 information security certification. MNET positions itself as a boutique provider serving global digital businesses, B2B payers, and financial institutions that require international payment infrastructure with multi-currency management and regulatory compliance.

The platform centers on a multi-currency e-wallet supporting over 35 currencies, connected to local currency accounts (corporate IBAN and US accounts), FX conversion tools, mass payouts (via CSV or XML/REST APIs), internal wallet-to-wallet transfers, invoicing, liquidity management, and remote deposit capture. Settlement routes span SWIFT, SEPA, ACH, and RippleNet, providing routing diversity across 55+ countries. Distribution combines an API-first posture (RESTful API for full platform integration and XML API for mass payouts) with self-serve onboarding, SSO via Google, Microsoft Azure AD, and UniKey, and a dedicated services team for higher-touch clients. MNET explicitly states it facilitates "billions of dollars" in transactions annually.

MNET generates revenue primarily through transaction-based payment fees for onward fund transmission, FX conversion margins on multi-currency exchanges, and reduced-rate mass payment processing. Pricing is pay-as-you-go with no disclosed tiers, no hidden charges, and additional fees on express USD transfers. No external funding rounds, acquisitions, subsidiaries, or investor affiliations are disclosed; the company appears to be bootstrapped from its origins as a family cash-exchange business. The current leadership team comprises CEO Guy Lenchner, President/Director Yishay Trif, Director Raphael Golan, and BSA Compliance Officer Christopher Gunias.

Name

MNET

Legal name

M-Net International Inc.

Website

https://mnetint.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

M-Net International Inc. (MNET/MoneyNetint) is a Florida-based regulated money transmitter providing B2B cross-border payment services through a multi-currency e-wallet platform supporting 35+ currencies across 55+ countries via SWIFT, SEPA, ACH, and RippleNet rails.

Ownership category

akta.pro rank

Product category

Cross-Border Payments

NAICS

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

SIC

Finance Services (6199)

akta.pro primary industry

Cross-Border & FX Payments Platforms (BPAMAFAK)

akta.pro secondary industries

Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK), International Money Transfer Operators (MTOs) (FSAMAIAE), B2B Crypto Payouts, Mass Payments & Treasury Disbursements (FSADAIAF)

Keywords

• Cross-border payments
• Multi-currency e-wallet
• International money transfers
• FX conversion services
• Mass payout solutions

Headquarters

HQ city

Hollywood

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Transaction/Payment Fees: MNET charges a payment fee for onward transmission of funds. The fees vary depending on the transfer amount. Express transfers (same-day USD) include an additional fee. No hidden charges or additional costs are added to transactions beyond the stated payment fee.
2. FX Conversion Fees: Revenue generated through currency conversion with competitive protected exchange rates. Users receive 30-second quote windows for conversion decisions.
3. Mass Payment Services: Bulk payment processing with reduced fees across multiple transactions. Financial institutions can access the network via API for seamless cross-border transactions at reduced fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

MNET (MoneyNetint) operates a global B2B payment platform providing international money transfer, multi-currency wallet, and FX conversion services to digital businesses. The platform enables companies to send and receive cross-border payments via SWIFT, SEPA, ACH, and RippleNet in over 35 currencies across 50+ countries, with RESTful and XML APIs for integration. Services include local currency accounts (IBAN/US), mass payouts, internal wallet transfers, invoicing, liquidity management, and remote check deposit capture.

Product overview

MNET (MoneyNetint) is a global B2B payments platform providing international payment services through a unified platform architecture. The core offering consists of a Multi-Currency E-Wallet that serves as the central hub, connected to Local Currency Accounts (IBAN/US accounts), FX Conversions, and various payment delivery methods including Payments Anywhere (SWIFT/SEPA/ACH/RippleNet), Mass Payments (bulk via CSV/API), Internal Payments (wallet-to-wallet), and Request a Payment (invoicing). Additional services include Liquidity Management for cross-jurisdiction fund transfers and Remote Deposit Capture for check processing. The platform is regulated by Florida OFR and South Carolina-AG, and facilitates payments in over 35 currencies across 55+ countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Multi-Currency E-Wallet A multi-currency account that allows users to convert currencies, transfer funds between accounts, and manage money in over 35 different currencies with 24/7 conversion availability. Designed for businesses that need to hold and transact in multiple currencies from a single wallet.
• Local Currency Accounts Private IBAN or US account numbers associated with the MNET e-wallet that enable businesses to receive and make payments with local currency presence. Connected to the multi-currency e-wallet for seamless cross-border money management.
• Payments Anywhere International payment service enabling direct payments to bank accounts worldwide using SWIFT, SEPA, ACH, RippleNet, or other local payment systems. Available in over 35 currencies and supports express transfers settled next business day.
• Mass Payments Bulk payment solution that allows users to pay multiple recipients via CSV file upload or API integration. Offers reduced fees, daily transaction summaries, and full reporting for high-volume payout workflows such as payroll, affiliate disbursements, and supplier payments.
• Internal Payments Free instant transfers between MNET account holders using their e-wallets, requiring only a User ID and email address with no transaction fees. Processed within the hour.
• Request a Payment Invoicing system integrated into the e-wallet that sends payment requests to customers with local payment information, featuring real-time notifications and billing status tracking.
• FX Conversions Intelligent currency conversion tools that provide competitive protected exchange rates for buying and selling multiple currencies, with 30-second quote windows for conversion decisions.

Quantifiable outcome

• Transfers to US and Western Europe settle within 2 business days; Countries outside US and Western Europe settle within 5 business days
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• RippleNetcoreTechnology or IntegrationMNET integrates with RippleNet blockchain payment network enabling additional built-in security features for funds transfers. This integration provides blockchain security for cross-border transactions processed through the RippleNet network.
• SWIFTcoreTechnology or IntegrationMNET utilizes the SWIFT network for international wire transfers enabling direct payments to bank accounts globally via SWIFT messaging and settlement system.
• SEPA (Single Euro Payments Area)coreTechnology or IntegrationMNET supports SEPA payments enabling cost-effective domestic payments within the Eurozone through European payment infrastructure.
• ACH (Automated Clearing House)coreTechnology or IntegrationMNET supports ACH payments for domestic US transactions enabling low-cost local payment processing through the US ACH network.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Veem: Veem provides international B2B payments and multi-currency accounts for SMBs, with API integrations and local bank rails in 100+ countries. Direct overlap with MNET's mass-payments and payments-anywhere products targeted at global digital businesses.
• OFX (formerly OzForex): OFX is a regulated money transmitter specializing in international money transfers and FX risk management for businesses and individuals. Comparable to MNET in transaction-fee revenue model, multi-currency capability and regulatory licensing approach.
• Payoneer: Payoneer provides multi-currency receiving accounts, mass payouts and B2B cross-border payments for SMBs, freelancers and marketplaces. Overlap with MNET's payments-anywhere, mass-payments and local-currency-account products is essentially one-to-one.
• Currencycloud: Currencycloud (acquired by Visa) provides cross-border payments-as-a-service infrastructure with multi-currency wallets and APIs, directly comparable to MNET's payment-orchestration and API integration model for SMBs and PSPs.
• Wise (formerly TransferWise): Wise offers multi-currency accounts and low-cost cross-border B2B and consumer payments across 40+ currencies, the most direct functional competitor to MNET's multi-currency wallet and SWIFT/SEPA/ACH payment offering. Both target global SMBs needing local receiving accounts and FX conversion.
• Airwallex: Airwallex offers multi-currency business accounts, FX and cross-border payouts via APIs, directly competing with MNET's API-first architecture and 35+ currency e-wallet proposition. Targets the same global SMB and SaaS vertical.
• Revolut Business: Revolut Business provides multi-currency accounts, international payments and expense tools for SMBs and corporates. Direct overlap with MNET's multi-currency wallet, local IBAN, and SWIFT/SEPA payment routing offerings.
• WorldRemit: WorldRemit is a licensed cross-border money transfer operator with multi-currency wallet and payout-network capabilities. MNET shares its Money Transmitter license posture and B2B/B2C cross-border money movement model.

Broad incumbents

• Remitly: Remitly is a large regulated cross-border remittance and digital payments operator with multi-currency capabilities. Adjacent peer given MNET's money transmitter licensing and SWIFT/RippleNet cross-border capabilities, though Remitly focuses more on consumer remittances.
• Western Union Business Solutions (Convera): Western Union's B2B arm (now Convera) is a large incumbent in international payments and FX for businesses and institutions, leveraging the broader WU network for global reach. MNET competes head-to-head on cross-border B2B FX and payouts but lacks the agency network and balance sheet.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 MNET