Matt will team up with Enrique as well as rapper Sean Paul on a new version of Enrique's hit Subeme La Radio (Turn Up The Radio).
The song will be out this Friday for download and Matt - who grew up in Spain - is over the moon with the collaboration.
"Enrique asked me to be part of this track, which is amazing," he said. “We’re label mates and both signed to RCA but mainly it’s because I have a Spanish background.
“I sing the second verse and the second chorus. We did it out in Miami. They said, ‘Enrique wants you’."
Speaking to The Sun newspaper, Matt added: “I used to sing his songs as a kid in my room in English and Spanish. I’ve been working out a lot. I’m prepping myself for a sexy Spanish music video.
“Forget Simon Cowell’s unbuttoned shirts — I’m taking all the buttons off!”
The new single will be followed by Matt's debut album, reportedly due out in the autumn.
In fact, X Factor winner Matt, runner up Saara Aalto, and third-placed 5 After Midnight are all expected to release their albums around November time
The trio of finalists from last series all scooped record deals following the show and could now be set for a huge chart battle.
5 After Midnight, who have signed to Simon Cowell's Syco record label, told the Daily Star on Sunday newspaper: “We are aiming for a November release.
“I think Matt and Saara are expected to release albums around the same time but we would prefer all the albums to come out at different times.”