# Jorge Raull

> Jorge Raull was the founder and later executive chairman of TransNetwork, the payments business underlying Movantis. An industrial engineering graduate and former Citibank and Banamex banker, he built institutional connections across the Americas and led TransNetwork at the announcement of its 2024 Inswitch acquisition. He died in May 2025; Movantis launched its unified brand in March 2026.

- **Role:** Payments entrepreneur and former international banker
- **Organizations:** TransNetwork, Citibank, Banco Nacional de México (Banamex), Money Services Business Association
- **Education:** Industrial Engineering, systems specialisation, Universidad Iberoamericana, MBA, University of Texas at Austin
- **Known for:** Founded TransNetwork, the foundational payments business behind Movantis., Led TransNetwork at the announcement of its 2024 acquisition of embedded-finance provider Inswitch., Elected to the Money Services Business Association board in 2018.

## Career timeline

- **1984-1988** — Worked in Citibank’s corporate division in Mexico City; the Remesas Cusca biography lists January 1984-April 1988.
- **1991-2000** — Held business development and agency general management roles at Banamex in Houston and London.
- **1995-2000** — General manager of Banamex’s Houston agency, according to Nexxus Capital’s biography.
- **2000** — Remesas Cusca’s governance biography dates his TransNetwork executive tenure from November 2000. Public company histories use 2002 as the business founding date; these are distinct records and should not be collapsed into a single definitive founding year.
- **2017** — Nexxus Capital announced an agreement to invest in Translatum Holding, associated with TransNetwork.
- **2018** — Election to the Money Services Business Association board announced on January 9.
- **2024** — Identified as founder and CEO in the May 15 Inswitch acquisition announcement; identified as executive chairman in November Remesas Cusca anniversary coverage.
- **2025** — Died on May 20. TransNetwork issued a tribute identifying him as founder and executive chairman.
- **2026** — After his lifetime, Movantis launched the unified brand built from TransNetwork and integrated businesses on March 26.

## Achievements

- Founded TransNetwork, the foundational payments business behind Movantis.
- Led TransNetwork at the announcement of its 2024 acquisition of embedded-finance provider Inswitch.
- Elected to the Money Services Business Association board in 2018.
- Led a business whose network was described in a 2022 Nexxus biography as reaching more than 60,000 locations in 12 countries.

## Latest updates

- **2026-03** — Posthumous business context: Movantis launched a unified corporate brand incorporating the infrastructure developed through TransNetwork and integrated businesses; Gustavo Ruiz was identified as chairman and CEO.
- **2025-05** — TransNetwork and Inswitch published tributes following Raull’s death on May 20, 2025.
- **2024-11** — Appeared as TransNetwork executive chairman in Remesas Cusca’s tenth-anniversary coverage, beside CEO Gustavo Ruiz.

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Profile page: https://yespress.io/jorge-raull
Published by YesPress — https://yespress.io
Last updated: 2026-10-23