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 $0 and 0% FX on the Pesito network 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.
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 exchange rate and the amount received are always shown in the app before you confirm.
The three phases
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01 Building now
Launch: US → Mexico
Deliver a focused, reliable remittance experience on one route.
- US → Mexico money transfers
- Region-specific wallets for supported corridors
- Transparent pricing: $0 and 0% FX on the Pesito network, domestic or international, and $0 standard withdrawals to your own bank
- A calculator that shows what your family gets 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 the app at launch; Portuguese, French and Nahuatl already on this site, and headed to the app as they pass review with native speakers
- 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.
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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.
The price promise travels with us.
Every corridor we open is meant to carry the same commitment: $0 and 0% FX on the Pesito network, a $0 standard withdrawal to your own bank, and the rate and what your family gets 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.
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.
In your language. Not the one you were expected to learn.
A large share of the people who work the fields in the United States speak Mixteco, Zapoteco, Mam or K'iche' as a first language, and Spanish a distant second. Every financial product they touch is written in a language they were expected to learn. Serving you in your own language is the same argument as not hiding a spread in the rate: it is the version of the product that does not quietly take advantage of the person using it.
Already on this site: Spanish, English, Portuguese, French and Nāhuatl. The Nahuatl site is live now; a shipped Indigenous language is proof, a promised one is a press release. The app starts in Spanish and English; the rest arrive as they pass review.
On the roadmap, no dates promised: Maya (Yucatec), Mixteco, Zapoteco, K'iche', Mam, Quechua, Guaraní, Aymara, and Indigenous languages of North America including Diné bizaad.
The standard: a language reaches the app only after native speakers review it. Our Nahuatl pages went up before that review; the review is under way now, and we will fix what it finds.
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 is zero by design: $0 on the Pesito network, at every amount, even if we win every transfer we can serve, and we print that below rather than bury it. Pesito's revenue is counted per household, not per transfer. It is the structure Cash App and Chime use: moving money costs $0, and the business is where money sits and how it is spent.
We start in the largest corridor on earth, and the one that has changed least.
US → 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.
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.
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.
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.
$59.7B × 4.54% average cost = $2.71B What customers pay incumbents today in fees and exchange-rate margin. It is the money Pesito gives back, not the money Pesito plans to earn.
$31.1B × 4.54% = $1.41B Pesito funds with debit and ACH, and recipients withdraw to a CLABE over SPEI for $0 at standard speed. 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 full financial model is in the data room.
Unit economics, cost per transfer, cohort assumptions and the five-year plan are shared with investors under NDA.
Pesito has no customers or revenue yet. The $0 price is a price, not a promotion: it has no expiry date and does not convert to a fee later. Phase 2 and Phase 3 items are plans, subject to change and regulatory approval.
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.
Pesito's $0.00 is a planned advertised price, not a measured all-in cost; the two are not comparable until Pesito is live and measured the same way 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.
Four things changed between 2025 and 2026.
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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 -
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 -
New settlement infrastructure already carries a measured share of this exact corridor
One settlement provider processed over $6.5B of US → Mexico remittances in 2024, more than 10% of corridor volume. A new US federal framework for digital dollar payments became law in 2025. Moving money this way is no longer something anyone has to argue for in the abstract; somebody else already ran a tenth of this corridor through it.
IDB, March 2026; GENIUS Act of 2025 -
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 $0 price.
World Bank, Remittance Prices Worldwide Q3 2025
One thing we used to list here and no longer do. Since January 1, 2026, a 1% US 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 July 4, 2025; IDB, June 2026.
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 and out at OXXO and local stores, 45,000+ locations across Mexico, plus $0 standard withdrawals 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.
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 US 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.
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.
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.laThis 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; new settlement infrastructure in 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.