When Cheap Money Hurts: What Mexican Fintechs Had to Break Before Cross-Border Payments Worked
Everyone loves the story: Mexican fintechs tame remittances, break cash-heavy habits, and then export slick cross-border rails to the rest of the world. This is the field report from the other side—the trade-offs, regulatory bruises, and product amputations it took for Félix Pago, Clara, OpenFX, Bitso, and others to actually make anything work beyond Mexico.
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