Money made simple
for Latinos by Latinos.
We see how hard you work for your money—and for the people you love. That’s why we built the easiest way to keep more of your plata. From hours worked to money sent home, we make it fast, simple, and secure.
Who we are
We’re a curious, passionate team committed to community, product, and making money more inclusive.
What we’re building
Simple, reliable money movement for Latinos in the U.S., so they can control their hard-earned pay.
Why we’re building
We want to empower workers to access, use, and send money more simply.
For too long, Latino employers, workers, and their families have been forced to navigate systems that are slow, costly, and never built for them.
For too long, Latino employers, workers, and their families have been forced to navigate systems that are slow, costly, and never built for them.
Our founder, Miguel, saw it firsthand. Growing up, he became the community’s go-to helper translating phone calls, reading manuals, and accompanying neighbors to the bank. What started as language translation quickly became something bigger: he learned to translate systems.
At the same time, he watched his mom run a bookkeeping business serving Latino clients in North Carolina. He saw hardworking Latinos face long lines, hidden fees, and burdens just to access their money, and how manual processes and unbanked staff held back the businesses trying to support them.
He realized payday wasn’t just the end of the week — it could be the start of something better. For everyone. That spark grew into miPlata: a platform that makes accessing, managing, and sending money simpler for Latinos in the U.S.
Our founder
Miguel Alecio, CEO/Founder
Miguel is the founder and CEO of miPlata. Prior to starting miPlata, he served as a Principal on Apollo’s Private Equity portfolio operations team. Before that, he was a Deployment Strategist at Palantir’s commercial business leading global teams on projects spanning three continents, including South America.
What Defines Us
Community
Built with, not for
We are community-driven tech. Our community is at the heart of everything we do. miPlata was built with them, not just for them, from photography featuring real users, to product features shaped by real feedback, every detail carries their voice.
Design
Design with purpose
Most financial products for Latinos in the U.S. are not designed for them — generic, outdated, or cliché. We’re changing that with authentic imagery, colors that feel like home, and warm, clear interfaces.
Technology
Innovation that connects
We’re connecting what’s always been disconnected—linking timekeeping, banking, and remittances into one secure flow. In a complex, regulated landscape, our engineers are building the product and the bridges that turn this mission into reality.
Guidance
Hands-on support
We show up where it matters: at job sites, in offices, and with our community to teach, guide, and make onboarding simple. We’re digital, yes—and people-first.
We partnered with the best to build products our community can trust:
Our Support
Advised by experts from top financial and tech institutions:
Backed by leading venture and mission-driven investors:
Awarded spots in top global accelerator and grant programs:
Interested?
Get in touch.
- WhatsApp: +1 (855) 635 2022
- ayuda@conplata.com