The Money Transmitter Registry allows Reap to operate within Mexico to strengthen connectivity across the Asia-Latin America trade corridor.
Global technology company Reap has obtained a Money Transmitter Registry in Mexico, enabling the
company to operate localised money transmission services in the country.
The authorisation marks Reap’s official entry into the Mexican market and signals the beginning of the company’s expansion across the Americas. The registry allows Reap to operate within Mexico’s regulatory framework to strengthen connectivity across the Asia-Latin America trade corridor, facilitating seamless cross-border transactions and enabling businesses in both regions.
Reap is also committed to collaborating with Mexico’s financial ecosystem and is working closely with local partners to deliver comprehensive payment solutions.
“Obtaining the Registry as a Money Transmitter in Mexico represents a significant milestone for
Reap as we expand into the Americas,” said Daren Guo, Co-Founder, Reap. “In expanding into the Asia-Latin America corridor, we believe that stablecoins will become powerful enablers for trade finance. We want to offer financial operations infrastructure that empowers the next generation of virtual assets and fintech platforms to scale seamlessly across borders.”
Jan Heinvirta, Country Manager, Mexico, added: “The Money Transmitter Registry enhances our ability to serve businesses that need efficient, compliant money movement capabilities and we are excited to become a key enabler of tech and payments innovation throughout the region.”
Stay updated on crypto and AI by following our socials
