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Hugo Padilla

CEO and Co-Founder

Hugo Padilla is an experienced business professional with a diverse background in financial services and technology. He is currently the CEO and Founder of MiPapaya, a fintech company based in Miami, Florida, that focuses on providing technological solutions for remittances, foreign exchange markets, payments, and transfers.2

Prior to his current role, Padilla was the CEO and Co-Founder of MeDo/Former MercaDolar, an online marketplace that connected people needing to exchange USD and Venezuelan Bolivars.1 MercaDolar, founded in February 2015, offered financial services such as currency trade, payment services, e-wallet, and remittance services to individuals and businesses in countries with currency exchange barriers, initially focusing on Venezuela.1

Padilla's professional experience includes:

  1. AML Compliance Officer at Citi
  2. Operations and Compliance Manager at MeDo/Former MercaDolar
  3. Various roles in the corporate sector since 2017

His educational background includes a Bachelor's Degree in Business Administration from Baruch College, City University of New York (CUNY), where he achieved a GPA of 3.56.3

Throughout his career, Padilla has developed expertise in areas such as Foreign Affairs, Anti Money Laundering (AML), Know Your Customer (KYC), Bank Secrecy Act (BSA), Enhanced Due Diligence (EDD), Management, and Customer Service. His experience in customer service, business relations, and operations spans over 13 years, primarily in the service and health industries.1

Related Questions

What inspired Hugo Padilla to start MeDo/Former MercaDolar?
How did Hugo Padilla's role at Citi influence his career?
What are the main challenges Hugo Padilla has faced in the fintech industry?
How has Hugo Padilla's leadership style evolved over the years?
What are the future plans for MiPapaya under Hugo Padilla's leadership?
Hugo Padilla
Hugo Padilla, photo 1
Hugo Padilla, photo 2
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Location

New York, New York