Paisamex
Paisamex is a Mexican fintech that runs a cross-border remittance platform connecting migrant workers in the US, Canada, Spain, Italy, and Germany with beneficiary families in Mexico through 2,500+ physical collection points nationwide.
- Company typePrivate
- Founded2021
- HeadquartersMérida, Mexico
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Paisamex does
Paisamex (legal entity: Remesas Malcas del Sureste S.A. de C.V.) is a privately held Mexican fintech headquartered in Mérida, Yucatán, that operates an international money transfer platform enabling cross-border remittances to Mexico. Founded in 2021, the company has built a network of more than 2,500 physical collection points across Mexico — including grocery stores, hardware stores, gas stations, restaurants, cooperatives, and credit unions — reaching remote communities underserved by mainstream financial services. The platform receives international remittances transmitted by Money Transfer Operators based in the United States, Canada, Spain, Italy, and Germany, with funds delivered to beneficiaries in cash or via electronic bank transfer, typically within minutes of disbursement initiation. The company reports full regulatory compliance with Mexico's Comisión Nacional Bancaria y de Valores (CNBV).
The product portfolio centers on the international money transfer platform itself, an Agency Partnership Program that onboards new payout locations and correspondent senders, and a planned mobile application (Paisamex APP) that is currently labeled "coming soon." Distribution is hybrid: B2B channel partnerships with MTOs and thousands of SMB agents in Mexico, paired with B2C direct engagement through WhatsApp, phone, email, and social channels (Facebook, Instagram, YouTube, LinkedIn, TikTok). Technology components include a multi-channel payment collection system supporting both cash and electronic bank transfers and an exchange-rate calculator displayed publicly on the website (1 USD = 20.49 MXN at the time of capture).
Revenue is generated through transaction fees on remittances paid out through the network; specific fee schedules are not publicly disclosed. The company is led by CEO and founder Jesús Maldonado. No external institutional investors, venture funding, parent company, or revenue figures are disclosed in the available sources. Paisamex was nominated for the Global Startup Awards 2025 in the Fintech Startup of the Year category for Mexico, and is staffed at an 11–50-employee range.
Paisamex firmographics
Firmographics- Name
- Paisamex
- Legal name
- Remesas Malcas del Sureste S.A. de C.V.
- Website
- https://paisamex.mx
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Paisamex is a Mexican fintech that runs a cross-border remittance platform connecting migrant workers in the US, Canada, Spain, Italy, and Germany with beneficiary families in Mexico through 2,500+ physical collection points nationwide.
- Ownership category
- akta.pro rank
Paisamex industry classification
Industry- Product category
- Cross-Border Remittances
- akta.pro primary industry
- Consumer Remittances (P2P) (FSAMAIAA)
- akta.pro secondary industries
- Consumer P2P International Remittances (FSAGAKAA), P2P Transfers & Remittances Platforms (BPAMAFAE)
Keywords
Where Paisamex is headquartered
LocationHeadquarters
- HQ city
- Mérida
- HQ country
- Mexico
- HQ region
- Latin America
Offices1 record
Markets served
Paisamex business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Remittance Transaction Fees: Paisamex generates revenue through transaction fees charged on international money transfers sent from abroad to Mexico through its network of partner agencies and MTO connections.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard remittance service with displayed exchange rate |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Paisamex product offering
Product offeringCore offering
Paisamex operates an international money transfer platform that enables cross-border remittances to Mexico from the United States, Canada, Spain, Italy, and Germany. Transfers are reflected within minutes and can be collected at more than 2,500 physical payment points across Mexico, including in remote communities. The platform supports both cash and electronic bank transfer payments and is complemented by a mobile app (in development) for digitized remittance access.
Product overview
Paisamex is a unified remittance platform that connects migrant families through international money transfers. The core offering consists of an international money transfer platform (available via web) that enables remittance sending from the US, Canada, Spain, Italy, and Germany to Mexico, with collection at over 2,500 physical payment points nationwide. The mobile 'Paisamex APP' (launch pending) is designed to digitize remittance access. The platform supports both cash and electronic transfer payment options with 24/7 customer service and real-time exchange rates.
Differentiator
Problem solved
Functional benefit
Products and services
- International Money Transfer Platform Paisamex's international money transfer platform enabling users to send remittances to Mexico from the United States, Canada, Spain, Italy, and Germany. The platform allows remittances to be reflected within minutes and collected at over 2,500 payment points across Mexico, including remote communities. It supports both cash and electronic bank transfer payments.
- Paisamex APP Mobile application described as 'more than an app, it is a safe place for your money.' Designed to digitize remittances and facilitate access to technology for remittance communities by enabling digital remittance access between agencies and beneficiaries.
- Remittance Payment Point Network Network of over 2,500 physical payment points across Mexico, including small and medium businesses (grocery stores, hardware stores, restaurants, furniture stores, gas stations, stationery stores) as well as Cooperatives and Savings Boxes in the most remote communities, where beneficiaries collect remittance payments.
- Agency Partnership Program Program enabling businesses to join Paisamex's remittance branch network as collection agencies, offering additional services, increasing income, and strengthening community presence. Also offers correspondent sending partnerships for joining the global financial services network.
Quantifiable outcome
- Minute-level international remittance delivery to beneficiaries across Mexico
- +1 more outcomes
Companies that use Paisamex
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles4 records
Paisamex technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Paisamex partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core.
- Caja Solidaria Vicente VillagrancorePartner agency in the Paisamex remittance collection network. Serves as a local remittance collection point for beneficiaries in Mexico.
- Envíos La MixtecacorePartner agency in the Paisamex remittance collection network. Serves as a local remittance collection point for beneficiaries in Mexico.
- CredimichcorePartner agency in the Paisamex remittance collection network. Serves as a local remittance collection point for beneficiaries in Mexico.
- AcreimexcorePartner agency in the Paisamex remittance collection network. Serves as a local remittance collection point for beneficiaries in Mexico.
- Nuestra Señora TonayacorePartner agency in the Paisamex remittance collection network. Serves as a local remittance collection point for beneficiaries in Mexico.
- Caja Solidaria San Miguel de CrucescorePartner agency in the Paisamex remittance collection network. Serves as a local remittance collection point for beneficiaries in Mexico.
- CredicapitalcorePartner agency in the Paisamex remittance collection network. Serves as a local remittance collection point for beneficiaries in Mexico.
- Money Transfer Operators (MTOs) - United StatescoreMajor Money Transfer Operators in the United States that partner with Paisamex to transmit international remittances to beneficiaries in Mexico through the Paisamex network.
- Money Transfer Operators (MTOs) - CanadacoreMajor Money Transfer Operators in Canada that partner with Paisamex to transmit international remittances to beneficiaries in Mexico through the Paisamex network.
- Money Transfer Operators (MTOs) - SpaincoreMajor Money Transfer Operators in Spain that partner with Paisamex to transmit international remittances to beneficiaries in Mexico through the Paisamex network.
- Money Transfer Operators (MTOs) - ItalycoreMajor Money Transfer Operators in Italy that partner with Paisamex to transmit international remittances to beneficiaries in Mexico through the Paisamex network.
- Money Transfer Operators (MTOs) - GermanycoreMajor Money Transfer Operators in Germany that partner with Paisamex to transmit international remittances to beneficiaries in Mexico through the Paisamex network.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
Paisamex competitors and assessment
Company assessmentDirect peers
- Dolex: US-based remittance operator focused on Latin America, particularly Mexico, with cash-pickup and bank-deposit payout services that overlap with Paisamex's offerings.
- Remitly: Digital-first cross-border remittance platform with a strong US-to-Mexico corridor and a growing network of cash-pickup and bank-deposit payout options, directly comparable to Paisamex on corridor and product.
- Intermex (International Money Express): Latin America-focused remittance company with strong US-to-Mexico volume and a large agent footprint, directly comparable in business model and corridor focus.
- WorldRemit: Digital cross-border remittance platform with multi-country send and payout options across Latin America and Europe, directly comparable to Paisamex on corridors and digital product strategy.
- Sigue: US-based remittance specialist with deep Mexico payout network and MTO partnerships, operating a similar payout-aggregator model to Paisamex on the US-Mexico corridor.
Broad incumbents
- MoneyGram: Global incumbent in cross-border money transfer with a vast Mexico agent network and long-standing MTO relationships, overlapping with Paisamex on payout infrastructure and corridor strategy.
- Western Union: Largest global remittance operator with the deepest agent network in Mexico, competing head-to-head with Paisamex for MTO partnerships and beneficiary pickup share.
- Xoom (PayPal): PayPal-owned digital remittance service with strong US-Mexico corridor coverage, competing for the same sending customers and increasingly for digital payout share.
Regional players
- DiMo (Diversified Mexican Origin): Mexico-based money transmitter serving US-Mexico remittances with a domestic payout footprint, comparable to Paisamex on inbound corridor focus.
- Elektra (Remesas Elektra): Mexican retail-chain remittance operator combining physical storefront payout with bank-led digital offerings; directly comparable to Paisamex on Mexico-side payout infrastructure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Paisamex social profiles
Digital presencePaisamex compliance and trust
Trust signalCompliance1 record
Paisamex financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paisamex leadership team
Management profileNumber of profiles
Profiles1 record
Paisamex funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paisamex 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 Paisamex
What does Paisamex do?
Paisamex operates an international money transfer platform that enables cross-border remittances to Mexico from the United States, Canada, Spain, Italy, and Germany. Transfers are reflected within minutes and can be collected at more than 2,500 physical payment points across Mexico, including in remote communities. The platform supports both cash and electronic bank transfer payments and is complemented by a mobile app (in development) for digitized remittance access.
Is Paisamex a public or private company?
Paisamex is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Paisamex founded?
Paisamex was founded in 2021. It employs 1 to 10 people.
Where is Paisamex based?
Paisamex is headquartered in Mérida, Mexico, in the Latin America region.
How does Paisamex make money?
One revenue line is on record: remittance Transaction Fees.
Who are Paisamex's main competitors?
Direct peers on record are Dolex, Remitly, Intermex (International Money Express), WorldRemit and Sigue. Broad incumbents are MoneyGram, Western Union and Xoom (PayPal). Regional players are DiMo (Diversified Mexican Origin) and Elektra (Remesas Elektra).
Does Paisamex have an API?
No public API is recorded for Paisamex.
What industry is Paisamex in?
Paisamex's product category is Cross-Border Remittances. Its primary akta.pro industry code is FSAMAIAA, Consumer Remittances (P2P), with a secondary code of FSAGAKAA, Consumer P2P International Remittances.