Cuentas, Inc., a leading fintech provider of mobile financial apps and payment solutions, is expanding internationally. The company will commence global operations in Mexico with Cuentas LATAM and a headquarters in Mexico City. Consumers in Mexico will be able to start requesting funds via Cuentas LATAM later this year from Cuentas USA Mobile App. Current customers in the United States are able to send money from Cuentas App and pick up the funds at any Western Union locations in Mexico using the Cuentas ecosystem.

“Globally, around 1.7 billion adults remain unbanked,” says Arik Maimon, founder and Executive Chairman of Cuentas. “In Latin America, less than half of the population has access to financial products. With borderless services, Cuentas and Cuentas LATAM provide comprehensive banking solutions for remittance customers and underserved populations around the world,” he continued. “It’s difficult to overstate the dramatic impact this will have on working immigrants and their families.”