ekis

ekis, operating through Fix Payments Inc., is a Mexican fintech company that provides a digital wallet and stablecoin payment solution designed to replace cash transactions for businesses and consumers. Founded in 2020 and headquartered in Miami with operations in Mexico, the company targets manufacturers, wholesalers, distributors, and small merchants throughout Latin America, particularly those serving unbanked or underbanked customers. The platform combines a mobile wallet application with a peso-backed stablecoin where one ekis token equals one Mexican peso. The stablecoin is backed by reserves held in a separate legal entity called the ekis Client Trust, with funds maintained in cash and US Treasury securities to provide bankruptcy protection and maintain a one-to-one redemption ratio. The solution is built on a private blockchain and enables instant payments between users through QR codes, phone contacts, or mobile numbers without requiring point-of-sale terminals, bank accounts, or traditional payment cards. Key features include biometric security with passwordless authentication, transaction settlement in 2.5 seconds, and competitive transaction fees starting at 0.5 percent for business collections and 0.75 pesos per 100 pesos for e-commerce sales. The platform specifically addresses cash collection challenges for delivery drivers and route sales operations, allowing them to instantly transfer digital payments to company treasuries. Users can load ekis at over 17,000 locations across Mexico. The company operates in compliance with fintech regulations in Mexico and the United States and maintains a team of 11-50 employees across multiple locations including Mexico City, Miami, Toronto, Switzerland, and Spain.