Where is MIT located?

MIT is headquartered in Tlalpan, Mexico.

Who is the current CEO of MIT?

Juan Viramontes of MIT. They have also founded 1 company.

How many employees does MIT have?

As of Aug 31, 2026, the latest employee count at MIT is 308.

Where does MIT rank among its competitors?

MIT ranks 411th amongst 5912 active competitors, of which 509 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of MIT?

MIT's top competitors include PayPal, Stripe and Razorpay. Among them, Flutterwave secured the most recent funding round in July, 2026.

MIT - 2026 Company Profile, Team & Competitors

Company Details

MIT provides software development solutions for payment to businesses. It features solutions for accepting online payments and card payments. It offers solutions for hotels & restaurants, airlines, insurance companies, retailers, travel agencies, and paid tv companies.

Website: www.mitec.com.mx
Social
Email ID: *****@mitec.com.mx
Phone Number: +52 **********

Key Metrics

Founded Year

2004

Location

Tlalpan, Mexico

Stage

Acquired

Ranked

411^th among 5912 active competitors

Employee Count

308 as on Aug 31, 2026

Investment & Acquisitions

Bayonet

Similar Companies

Flutterwave & 3710 more

Exit Details

Acquired by PagoNxt (Sep 16, 2021)

View MIT's full profile

MIT got acquired by PagoNxt on Sep 16, 2021.

Click here to take a look at MIT's acquisition in detail

MIT has not raised any funding rounds yet.

The founders of MIT is Juan Viramontes. Juan Viramontes is the CEO of MIT.

Here are the details of MIT's key team members:

Juan Viramontes: Founder & CEO of MIT.
Contact Info: 1 email address

View details of MIT's Founder profiles and Board Members

MIT's employee count trend

MIT has 308 employees as of Aug 26. Here is MIT's employee count trend over the years:

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Top competitors of MIT include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of MIT, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayPal 1998, United States, Public	Provider of online payment solutions, money transfers, and virtual wallets	$216M	ING, MDP & 29 others	87/100
2nd	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 135 others	86/100
3rd	Razorpay 2014, Bengaluru (India), Series F	Provider of payment and business banking solutions for enterprises	$742M	Peak XV Partners, GIC & 35 others	85/100
4th	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 73 others	83/100
5th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$554M	Accel, Amasia & 28 others	83/100
6th	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 52 others	83/100
7th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 15 others	81/100
8th	Pine Labs 1998, Noida (India), Public	Provider of in-store and online payment, prepaid, and financial solutions	$954M	Peak XV Partners, Actis & 186 others	80/100
9th	PayU 2002, Amsterdam (Netherlands), Funding Raised	Provider of online payment solutions and financial services for businesses	-	PROSPER, Gecad Ventures & 4 others	79/100
10th	Mercado Pago 2003, Buenos Aires (Argentina), Series D	Provider of online payment processing and digital financial services	$233M	Goldman Sachs, Citi & 1 others	77/100
411th	MIT 2004, Tlalpan (Mexico), Acquired	Payment solutions for businesses	-	-	44/100