Saturday, May 16, 2026

Midas Red consolidates as the largest payment network in Cibao

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Santiago. – Midas Red has established itself as the most extensive transaction network in the Northern region of the Dominican Republic. Originally from Cibao, it has scaled its operations to build an infrastructure that exceeds 35,000 affiliated points of sale nationwide. Through its solutions, it provides small retailers and large commercial chains (retailers) with a robust system for processing recharges, service payments, insurance, and multiple financial operations. This ecosystem has marked a milestone in the country's financial inclusion, providing thousands of businesses with new sources of income and modernization tools. Its sustained growth is backed by its parent company, Grupo Midas Dominicana, a conglomerate that, among its portfolio of companies, develops high-level technological solutions for governments, individuals, and businesses. This corporate structure guarantees the security, agility, and efficiency of the transactions carried out daily on its network. As part of its development vision and local roots, Midas Red had an outstanding participation in ProCibao 2026. The fintech took advantage of this multisectoral scenario to expose the capacity of its ecosystem and establish new strategic alliances with the business community of the North region and abroad.
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“Our story is that of a brand from Santiago that has managed to expand throughout the country, becoming a true business pride. Participating in ProCibao allows us to strengthen ties with our productive sector and reaffirm that the technology we develop here has a direct impact on competitiveness at the national level,” said Pablo Higueras, commercial director of Midas Red. During the event, Midas Red demonstrated how it drives the digitalization of commerce in the North zone. Midas Red executives held meetings to illustrate to business owners the advantages of integrating their systems, showing concrete ways to make their operations profitable. “Our purpose at this fair has been clear: we want businesses to find in Midas Red a strategic ally to generate new sources of income. We will continue to lead the digitalization and financial inclusion to ensure that our affiliates have the best payment technology on the market”, said Higueras.

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