TransNetwork
TransNetwork runs a B2B domestic and cross-border payment processing platform connecting financial institutions across 10 Latin American countries.
TransNetwork is a B2B electronic domestic and cross-border processing and payment platform. It enables licensed and regulated financial institutions to connect under one standard technology and access a diversified payment network across the Americas. Its clients include banks, money transfer operators, payment providers and fintech companies, for which it provides flexible real-time payments.
The company's processing platform operates across 10 countries in Latin America: Mexico, Guatemala, El Salvador, Honduras, Costa Rica, Nicaragua, Panama, Ecuador, Peru and Colombia. TransNetwork is headquartered in Houston, Texas. It has more than two decades of experience processing remittances to financial networks and retail chains, and maintains partnerships with industry leaders such as Xoom.
Technical work at the company spans payment processing, cross-border and real-time payments, remittance processing, embedded finance and financial network integration. In addition to its core processing platform, TransNetwork holds embedded finance technology from the acquisition of Inswitch, which it uses to accelerate development of its digital product suite for cross-border payments in Latin America. The company serves the financial services, banking, remittance, payment provider and fintech sectors, as well as retail chains.