Orbi

Orbi, operating under the legal name Orbi Payments SAPI de CV, is a Mexican fintech company that bridges traditional finance and cryptocurrency through its digital wallet and payment platform. Founded in 2022 and headquartered in Miguel Hidalgo, Mexico City, the company positions itself as facilitating everyday crypto adoption by enabling users to manage, store, and transact with digital assets including stablecoins (USDC and USDT), Bitcoin, and Ethereum. The platform allows users to convert Mexican pesos to stablecoins via SPEI transfers and maintain balances in digital currencies. Orbi's core product is the Orbi Card, a physical and virtual crypto debit card that enables users to spend stablecoin balances at merchants globally and withdraw cash from ATMs internationally. The platform features commission-free instant transfers between Orbi users through a simplified Orbi ID system that eliminates the need for complex wallet addresses. Security is provided through multi-party computation (MPC) technology and the company operates under regulated financial supervision. Orbi also offers business solutions including asset custody, currency exchange, borderless B2B payments, and over-the-counter (OTC) desk services. The company completed a pre-seed funding round in July 2022 and employs between 11-50 people. Target markets include both retail users seeking to integrate cryptocurrency into daily financial activities and businesses requiring cross-border payment solutions. The platform operates through a mobile application available on iOS and Android, with services primarily focused on Mexican residents and those with permanent residency status. As a crypto-focused fintech operating in Mexico, Orbi functions outside the specific licensing requirements of the 2018 Fintech Law, which primarily governs crowdfunding and electronic payment fund institutions.