A bit of history

Hugo Cuevas-Mohr was born in Guatemala in 1955. The son of immigrants, a French mother & a Colombian father, they moved to Colombia where he did his schooling at the Lycée Français Paul Valery in Cali, Colombia.

He got his BA in WPI, Worcester, Mass., USA, and graduated in 1976 with High Honors. He got his Master’s at Auburn University, Auburn, AL, USA, in 1978 and a DIPLOMA from UNIVERSITE CATHOLIQUE DE LOUVAIN, Belgique at the Institut d’études du développement in 1981.

He worked in development projects with Hogares Juveniles Campesinos (179-1980) and Universidad del Valle and UNICEF (1982-1984) on a project on the Colombian Pacific Coast.

In 1987, after three years as a teacher, the foreign exchange family business was in need of a software/hardware solution and Hugo was hired to help in its implementation. He learned there the remittances business from its inception. His international experience, proficiency in three languages, his IT knowledge, made the company, TITAN, grow and evolve as the number one in the country and one of the most successful companies in the continent with over 450 employees and 75 offices in 3 continents.

He sold his shares of the company in 2007, kept Serviexpreso in Costa Rica until it was sold in 2014. He became an international money transfer consultant in 2001 helping Banks and Non-Banks in Latin America and Europe develop remittance units, distribution networks, assist in Mergers & Acquisitions, develop new products & services, etc.

He is a frequent speaker and many international financial services conferences in subjects ranging form the growth of NBFIs (Non-Bank Financial Institutions) and Fintech, the role of Banking, to the trends, challenges and opportunities in the remittance market, from the traditional agent-based model to the digital payment systems, including the development of Bitcoin Remittance Service Providers.

He has produced since 2010 the International Money Transfer Conferences, IMTC with events in Miami Beach (IMTC WORLD) and regional events in San Francisco, Guatemala, Brasil, Madrid, Nairobi, New Delhi, etc.

He is an Advisor to The Spark Group a digital marketing firm (New York) and an advisor to the MSBA (Money Service Business Association) and other companies in their money transfer projects/strategies.

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“My reputation? Consulting is a no-win situation – if they make a profit they forget that it was you who advised it, but if they make a loss they never stop reminding you… and telling others.”

– From a quote by Jeffrey Archer

Companies Institutions and Projects

      • Development of MTBIT- Blockchains & Remittances to foster the development of blockchain-based remittances and Rebittances (Bitcoin Remittances)
      • Development of an International Money Transfers Certification Course
      • Publication of the policy-setting document “Understanding the Brazil Parallel Market” (December 2011)
      • Development of IMTC, International Money Transfer Conferences
      • North American Business Development for Banco Unión in the Dominican Republic
      • Development of the Remittance Market in the US for MORE Money Transfers.
      • Consulting and Development of SERVINET a Remittance Software Program deployed in Central America
      • Joint Market Development between Titán Intercontinental and Venegiros in Colombia and Venezuela
      • Development of @RED Internacional (Perú, Bolivia, Ecuador, Colombia, Panamá, Costa Rica, Honduras, Guatemala)
      • Joint Market Development between Titán Intercontinental y Rianxeira Colombia and Ecuador
      • Consulting to Telegiros in Panamá (M & A) and consulting work for Servigiros in Honduras
      • Merger & Acquisiton consulting for Serviexpreso and Remesas del Caribe (Costa Rica)
      • Joint Marketing Campaigns for Titán Intercontinental and Money Exchange (Spain)
      • Promotional Advertising Campaigns in the Independence Day festivities of a number of migrant groups in the US & Spain.
      • Strategic Planning and International Development for Titán Intercontinental (Colombia)
      • Development of the Latin American Remittances Dept. at NYFX and UNO Remittance
      • Development of the Florida Money Transmitter’s Association (FMTA) 1991-1994
      • Collaboration with the NMTA (National Money Transmitters Assoc.) 2009-2013

“Life requires more doing than dreaming of doing to make a dream, reality.”

― Richelle E. Goodrich

Case Studies