PRODUCT ROADMAP

One corridor at a time, done properly.

Most remittance apps grow by adding countries. We'd rather earn the first one. Phase 1 is a single route, the United States to Mexico, priced at 1% with a $1 cap and built to be boringly reliable. Only once that's true do we open the next corridor.

This page is our plan in public. Nothing below is a commitment or a delivery date.

Here as an investor? Start here

Pesito is pre-launch. Transfers are not yet available. Every feature described here is planned and subject to change, corridor availability, partner agreements and regulatory approval. Pricing shown is planned launch pricing; the exact fee and exchange rate are always shown in the app before you confirm.

  1. 01 Building now

    Launch: United States → Mexico

    Deliver a focused, reliable remittance experience on one route.

    • U.S. → Mexico money transfers
    • Region-specific wallets for supported corridors
    • Transparent pricing: 1% of the amount sent, capped at $1 USD
    • Fee calculator before you send, and full disclosure before you confirm
    • Honest transfer status (sent, in review, delivered) with push and email notifications
    • Identity verification that completes before money moves, never mid-transfer
    • Transaction history and downloadable receipts
    • Recipient management and saved recipients
    • Account access and recovery that works from day one
    • English and Spanish throughout
    • Basic referral program, with terms published before it ships

    How we'll know it workedA stable, trusted product with strong user satisfaction, before any geographic expansion.

  2. 02 Planned

    Regional expansion and financial tools

    Deepen engagement while expanding thoughtfully.

    • Canada
    • Brazil, after regulatory readiness and local payment integration
    • Pesito Lux, rewards and loyalty
    • Physical and virtual debit cards, including a card for recipients in Mexico so the family spends without a pickup line, subject to banking partnerships
    • Spending insights
    • Enhanced referral incentives
    • Saved recipients across supported countries
    • Improved onboarding and identity verification
    • Multi-currency balance for supported regions

    How we'll know it workedGrowing active users while reliability and compliance hold steady.

  3. 03 Exploring

    Multi-country platform

    Evolve Pesito into a broader cross-border payments platform.

    • New corridors prioritised by customer demand and regulatory readiness: Colombia, Guatemala, El Salvador, Honduras, Peru and other Latin American markets
    • Unified wallet across supported countries
    • Local payment methods where available
    • Business payments for small and medium businesses
    • Family and shared payment features
    • Expanded partner network for cash-in and cash-out
    • Continued accessibility and localization improvements

    How we'll know it workedSustainable expansion with a consistent experience across every market.

WHAT WON'T CHANGE

The price promise travels with us.

Every corridor we open is meant to carry the same commitment: a small percentage fee with a hard cap, no markup hidden inside the exchange rate, and the full cost on screen before you confirm. If that ever has to change for a specific market, we'll say so on this page and in the app, not in a footnote.

See today's pricing
HELP US PRIORITISE

Which corridor should be next?

Phase 3 is deliberately unordered. The countries at the top of that list will be the ones our waitlist actually asks for, so joining is the most direct way to influence what we build.

Join the waitlist Read the FAQ

For investors.

THE THESIS

The transfer buys the customer. The wallet is the company.

The three phases above are one plan, not three. Phase 1 wins a customer in the most competed corridor in the world at the lowest price anyone charges there. Phases 2 and 3 are where that customer becomes a business: a balance that stays, a card on top of it, and more countries feeding the same rails.

We would rather say the uncomfortable part first. Transfer revenue alone tops out around $78 million a year even if we win every transfer we can serve, and the arithmetic is printed below so you can check it. Nobody builds a company on that number. It is a customer-acquisition line, and the product it acquires customers for is a wallet for the Americas.

THE BEACHHEAD · 2025 FIGURES

We start in the largest corridor on earth, and the one that has changed least.

U.S.→Mexico moves more person-to-person money than any other country pair. In 2025 it contracted for the first time in eleven years, and for the first time on record more than half of it landed in a bank account instead of a cash window. Those two facts together open a window that had been shut for a decade, which is why we enter here rather than somewhere easier.

$61.8B received in Mexico in 2025, across 155.7 million transfers Banxico, SIE table CA11 (preliminary)
−4.6% first annual decline in eleven years; the corridor lost $2.96B Banxico via BBVA Research, January 2026
50.4% paid into an account rather than cash. First time above 50% on record Banxico, electronic remittances 2025
4.54% average cost to send $200: a $6.51 fee plus a 1.28% exchange-rate margin World Bank, Remittance Prices Worldwide Q3 2025
MARKET MOMENTUM

Mexico is one country inside a region that grew 7.3%.

This is the honest reason the company is not a Mexico company. The corridor we launch in shrank in 2025 while every other part of Latin America grew, and Central America grew four times faster than the regional average. A business tied to one corridor inherits that corridor's demographics. A wallet that works across the region does not.

$173.7B remittances into Latin America and the Caribbean in 2025, a record and 7.3% above 2024 IDB, June 2026, from central-bank data
+20.1% Central America's 2025 growth, to $55.5B, in the same year Mexico fell IDB, June 2026
730,000 fewer Mexican migrant workers in the U.S. labour force in early 2026, while other Latin American diasporas added roughly 360,000 IDB, June 2026, from U.S. Census Current Population Survey
$95B Latin American prepaid card and digital wallet market value in 2026, up 13.9% on the year ResearchAndMarkets LATAM databook, Q1 2026 update

Read those four together and the shape of the plan follows from them. The corridor is still the best place to earn a first customer, because it is the largest and the most price-sensitive. It is not the place to spend a decade. The wallet figure is transaction value, not a fee pool, so we do not count it as addressable revenue anywhere on this page; it is here to show the direction consumers are already moving.

TAM · SAM · UNIT

The market, measured in fees rather than flow.

Calling this "a $62 billion market" describes how much money crosses the border, not how much can be charged for crossing it. What follows is the fee pool, which is the only thing an operator can actually earn.

TAM · corridor fee pool ≈ $2.7 billion / year $61.8B × 96.6% U.S.-originated = $59.7B
$59.7B × 4.54% average cost = $2.71B What the entire corridor pays today in fees and exchange-rate margin.
SAM · what Pesito can serve at launch ≈ $1.4 billion / year 50.4% paid to an account = $30.9B and ≈78M transfers
$30.9B × 4.54% = $1.40B Pesito funds with debit and ACH and delivers to a CLABE over SPEI. That leaves out, for now, the half of the corridor collected in cash: that half needs an agent network, and it is Phase 2.
The unit · and the ceiling the cap creates $1.00 per transfer corridor average transfer = $397
1% of $397 = $3.97 → the cap cuts it to $1.00 Better to say it before you work it out yourself: at a $397 average transfer the $1 cap binds on essentially every transaction. Transfer revenue does not scale with amount, it scales with transaction count, and across 78M addressable transfers the transfer business tops out around $78M a year at 100% of the SAM. That is precisely why the transfer is the wedge and not the model.
THE MODEL

One rail, four things sold over it.

The $1 cap exists to win the most price-sensitive segment of the most competed corridor in the world, where Mexico is already the cheapest G20 destination at 4.53%. You do not win there with a marketing budget; you win with a different cost structure. What that structure earns is not the transfer. It is everything the transfer makes possible afterwards.

  • The transfer (Phase 1). Priced to acquire, not to earn. It is the only product on this list a stranger will try on the first day.
  • Balance that stays. A remittance is a dollar once. A balance that stays in the wallet earns float and makes the next transfer cost nothing to acquire.
  • Interchange (Phase 2 cards). A card on that balance earns interchange on spend: the same customer, many times the transfer fee. Subject to banking partnerships.
  • More countries (Phase 3). Revenue scales with transaction count, not transfer size, so each corridor we open adds transactions to rails that are already paid for. Business payments for small companies sit on the same rails.

The $1 cap is a launch commitment, and it is worded that way in every public surface, not a permanent constraint on the model. Phase 2 and Phase 3 items are plans, subject to change and regulatory approval.

THE PATH

Where the beachhead leads, and what it is worth at each step.

Every rung below is a phase from the roadmap on this page, with the figure that justifies it. Where a rung has no defensible fee pool yet, it says so rather than borrowing a number from a market report.

Phase 1 · beachhead U.S. → Mexico $1.4B serviceable fee pool · ≈78M transfers · $1.00 per transfer The largest and most price-sensitive corridor on earth. We earn the right to the rest of this list here, or we do not earn it at all.
Phase 2 · North America and the balance Canada, cards, rewards interchange on spend + float on stored balance The first revenue that is not a transfer fee. A card on a balance earns on ordinary spending, which is how the customer we bought in Phase 1 starts paying for themselves.
Phase 3 · Latin America Brazil, Colombia, Central America $173.7B regional remittance flow · Central America +20.1% in 2025 The subregions growing fastest are the ones we are not in yet. Each corridor added is transaction volume on rails already built and already paid for, prioritised by waitlist demand and regulatory readiness.
The company · a wallet for the Americas One balance, many countries multi-currency balance · cards · business payments No fee pool is claimed for this rung, because an honest one does not exist yet. What exists is direction: the Latin American prepaid card and wallet market is worth $95B in 2026 and growing 13.9% a year, and consumers there are adopting wallets faster than they are adopting banks. We would rather show you that and let you size it than print a trillion-dollar number.
WHY NOW

Four things changed between 2025 and 2026.

  1. The corridor shrank while the region around it grew

    Mexico closed 2025 at $61,791M, 4.6% below the $64,746M record set in 2024, its first annual decline in eleven years. Latin America as a whole set a record in the same year, up 7.3% to $173.7B, and Central America grew 20.1%. When a market that only ever grew stops growing, operators stop defending share by inertia and users question their provider for the first time in a decade. It is also the clearest argument against building a one-country company.

    Banxico via BBVA Research, January 2026; IDB, June 2026

  2. Account payout overtook cash for the first time

    50.4% of electronic remittances were deposited into an account in 2025, against 49.6% collected at a cash window. It is the first year on record where the digital half wins. The cash agent network, the real moat behind Western Union and MoneyGram, is eroding on its own.

    Banxico, electronic remittances 2025

  3. Stablecoin settlement stopped being a thesis and became a measured share of this exact corridor

    Bitso reports processing over $6.5B of U.S.→Mexico remittances in 2024, more than 10% of total corridor volume, on stablecoin rails. More than 80% of dollar-backed stablecoin activity now happens outside the United States, and the U.S. GENIUS Act gave payment stablecoins a federal framework to operate under. The settlement structure our pricing depends on is no longer something we have to argue for in the abstract; somebody else already ran a tenth of this corridor through it.

    IDB, March 2026, citing Bitso; GENIUS Act of 2025

  4. Mexico is already the cheapest G20 corridor, and that is the opportunity

    4.53% to send $200, the lowest cost of any G20 destination. That sounds like a market with no margin left to win, and it is the opposite: it means the remaining margin is being defended, not enjoyed. You do not enter here with discounts. You enter with a settlement structure that costs less to run. That is exactly the argument behind the $1 cap.

    World Bank, Remittance Prices Worldwide Q3 2025

One thing we used to list here and no longer do. Since 1 January 2026 a 1% U.S. federal excise applies to remittances funded with cash, a money order or a cashier's check, and digital funding is exempt. Pesito was designed debit- and ACH-only, so the tax points the right way for us. We stopped treating it as a reason to invest because the IDB found no significant impact on flows in the first quarter it was in force, and because a company whose case rests on one tax provision is betting on a political moment rather than on a change in how people want to hold money. General information, not tax advice.

One Big Beautiful Bill Act, signed 4 July 2025; IDB, June 2026.

THE WEDGE

Four structural advantages.

  • $PesitoID is a handle, not an account. The recipient in Mexico exists on the network before they have a balance, so every successful transfer creates a node that retains the sender and attracts the next one. Remitly and Western Union have no such network effect.
  • Settlement over Puente Railway, not bank rails. The critical leg touches neither SWIFT nor correspondent banking. Copying it forces an incumbent to rebuild its payment stack: 18 to 24 months, not a sprint.
  • Both cash ends, planned. Cash-in at OXXO and cash-out over SPEI would close the loop without requiring a bank account. Planned features, subject to change and regulatory approval.
  • One balance instead of one app per corridor. A handle and a rail that do not care which border they cross mean a new country is a configuration problem, not a second product. That is what makes the regional plan credible rather than aspirational, and it is the reason the same architecture serves a Mexican family and a Guatemalan one.
WHERE WE ARE · Q3 2026

What exists today, unvarnished.

  • Waitlist open. Size and distribution in the data room, under NDA.
  • MVP built, pre-production. Rust API with passing tests and applied migrations; bilingual Flutter app ready for TestFlight. It does not move money in production yet.
  • Partners in sandbox. Cash-in and cash-out flows built against signed sandboxes; production contracts and a U.S. sponsor in conversation.
  • Regulatory path. United States money transmitter licensing, with an application in progress. A Compliance Lead is the next critical hire and it is not filled.

Pesito today is a technical founding team. We say that on the page, not only in the meeting.

STAGE & BACKING

Pre-seed, building out of Seattle.

  • Stage: pre-seed. The team builds out of Seattle, Washington; the operating entity is Aztlan Software, Inc. (United States).
  • Accelerator: GT Hacker House, S2 cohort. Pesito is part of the S2 cohort of GT Hacker House. Per GT Hacker House, its S1 cohort produced two startups that went on to Y Combinator, one backed by a16z, and a viral music artist.
LET'S TALK

Book a demo.

We'll show you the product running, the settlement architecture and the waitlist numbers. Write to us and we reply within one business day.

business@pesito.la
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This page is general information about the company. It is not an offer to sell or a solicitation of an offer to buy securities, and it is not investment advice. Corridor figures come from Banco de México (SIE table CA11, 2025 preliminary) and the World Bank (Remittance Prices Worldwide, Q3 2025). Regional figures come from the Inter-American Development Bank (remittances to Latin America and the Caribbean, June 2026; stablecoins and remittances, March 2026). The regional wallet market value comes from the ResearchAndMarkets Latin America prepaid card and digital wallet databook, Q1 2026 update. Banxico's preliminary $61.8B for Mexico in 2025 and the IDB's later $62.5B estimate for the same year differ by a data revision; the corridor arithmetic on this page uses Banxico throughout and the regional panels use the IDB throughout, and the two are never combined inside one calculation. Every figure derived from these sources is a Pesito estimate. Features and pricing described are pre-launch plans subject to change and regulatory approval.