Moni

Moni (moni.lat) is a mobile application for sending money from the United States to Latin America. Senders fund transfers with Apple Pay, Google Pay or a U.S. debit card, starting from $10, and can send to a recipient even if that person does not yet use Moni. Recipients receive dollars in the app and can spend them with the Moni Card, withdraw cash at pickup locations using a valid ID and an in-app code, or have funds deposited directly into a bank account. The company states transfers typically complete within seconds to minutes and that the exchange rate and fee are shown before confirmation.

The service is described as live in Mexico and the Dominican Republic, with Colombia, Guatemala, Honduras, Costa Rica and El Salvador listed as coming soon. A bill-payment feature covering utilities, phone and school fees in recipients' home countries is described as planned but not yet available. The Moni Card is a Visa product usable in stores and online wherever Visa is accepted and can be added to Apple Pay or Google Pay; the Google Play listing describes it as a virtual Visa card issued and managed by licensed third-party providers.

The app is distributed on Google Play under the name "Moni - Send dollars home" by PaymentStack Inc, with 5,000+ downloads recorded as of the August 20, 2026 update. The Moni Spend Card Terms name PaymentStack, Inc. as "Moni" and Third National as the card issuer, and include provisions referring to digital-asset collateral held in a linked wallet across supported blockchains (Ethereum, Polygon, Optimism, Arbitrum), as well as an attestation that the cardholder is not a U.S. citizen and is signing up for a product intended for those outside the United States.

Business model

Moni operates a consumer remittance app rather than a licensed financial institution. According to its Google Play listing, the app is software that lets users manage funds and access payment services provided by third-party partners; Moni states it does not issue cards, process payments or provide financial services directly, and the virtual Visa card is issued and managed by licensed third-party providers. The company's site says transfers move through regulated partners named in its Terms of Service. Revenue-relevant pricing disclosed publicly is a fixed $1.98 fee per transfer with no FX spread, and no card opening or maintenance fee; card terms additionally disclose up to 3% foreign exchange and up to 3% cross-border fees on foreign purchases, plus penalty fees (late payment up to $40, returned payment up to $29, liquidation penalty up to $35).

Publicly disclosed pricing consists of a fixed $1.98 fee per transfer with no FX spread and no card opening or maintenance fee. Card terms disclose foreign purchase fees of up to 3% (foreign exchange) and up to 3% (cross-border), a 0% purchase APR, and penalty fees for late payment (up to $40), returned payment (up to $29) and liquidation (up to $35). Sources do not state revenue figures.

Traction

The Google Play listing records 5,000+ downloads of the Android app as of its August 20, 2026 update. No other user, volume or revenue metrics are disclosed in the fetched sources.

Latest developments

The Moni Spend Card Terms were last updated January 29, 2026, with card disclosures effective that date and Third National named as issuer under a Visa license. The Google Play listing was updated on August 20, 2026, adding a "Send again" function to repeat a prior transfer from activity detail and general performance improvements. The company lists bill payment for recipients' households and expansion to Colombia, Guatemala, Honduras, Costa Rica and El Salvador as forthcoming.