“Can a bi-national fintech platform give Hispanic immigrants in the US and their recipient families in Mexico a single, low-fee financial account spanning both sides of the remittance corridor?”
Founded in 2019 in Miami targeting the US-to-Mexico remittance corridor for Hispanic immigrants, Sacbe Payments built a bi-national financial platform allowing senders in the US and recipient families in Mexico to manage money via app and a branded CARNET® debit card. The company obtained an IFPE license in Mexico in 2022, giving it regulatory standing to operate as an electronic payment fund institution. The LinkedIn profile now references 'Sacbé Visa™', suggesting a card-product rebrand or upgrade from CARNET® to a Visa-branded card, though this has not been confirmed in press releases.
Sacbe Payments discloses Metropolitan Commercial Bank as its banking provider, according to the Embedded Finance Index 2026.
Sacbe Payments does not disclose a bank charter of its own; its banking services are provided through Metropolitan Commercial Bank.
Sacbe Payments's cards are issued through CARNET.
The Embedded Finance Index 2026 maps 3 layers in Sacbe Payments's stack: Banking / BaaS (Metropolitan Commercial Bank); Card issuing (CARNET); Sponsor bank (Metropolitan Commercial Bank).
Sacbe Payments is founded in 2019 and headquartered in Miami, Florida, United States.
Get a read on where your own stack stands against Sacbe Payments and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.