Machaen Enterprises

Machaen Enterprises, Inc. is a Surety Bonding Specialist established in 1996 in the State of New Jersey issuing surety bonds in the United States. The primary objective of our company is to provide our clients with the most professional and personalized service available while at the same time minimizing surety bond premium expense and collateral deposit requirements if any. For the surety bonding requirements of our clients we have affiliated ourselves with the foremost suppliers of surety bonding to the industry. All the surety companies we issue our surety bonds through are A+ + rated and Treasury Listed.
As agents and not brokers we are able to offer our clients the most competitive surety bond rates in the surety bonding industry.
We currently are the agent of record for some of the largest and most important Money Transmitters, Crypto Currency and FinTech Companies in the United States and Europe.

Call our offices and let us help you build your business. We are sure that our service and performance will meet with your total satisfaction.


Alex Navarro

Alex Navarro

President / CEO

Experience: 27 years ago Alejandro founded Machaen Enterprises Inc.
During the time period he assisted in bringing the money transmitter industry into the forefront on the financial landscape with the assistance of his Surety Bond Programs. Since then his company has represented approximately 45% of the entire MSB industry.
Luis Ospino

Luis Ospino


Experience: For the past 20 years Luis has served in various positions at Machaen Enterprises Inc., as of 2015 he was appointed as the Chief Operating Officer.
He currently manages all customer relations as well as the day to day operations of the company.
Alexander Navarro

Alexander Navarro

Vice President

Experience: Prior to Machaen Enterprises Inc.
Alexander spent six years working in New York City compliance departments at various money transmitters and foreign banks. Most recently he served as the Transaction Surveillance Unit Manager at Landesbank Baden Wurtemberg. While in New York he underwent various examinations conducted by the OCC, DFSNY, and the FRBNY. He specializes in statistical model-based surveillance and has created and deployed surveillance software programs.
Alexander Navarro

Judith Mitchell

Executive Administrative Assistant

I've been a part of the Machaen's family for the past 15 years. Some of my responsibilities include but are not limited to ensuring the efficiency of the office operation, provide administrative support and record keeping management of our client's database as well as performing other office duties.