Connecting global payments services in emerging markets
based in California
Creating digital products for emerging markets for 250M migrants sending money to their relatives.
Knowledge hub of the best remittance providers within reach of your family.
Our mobile first approach helps services and nations in emerging markets digitize faster.
Built with security and compliance in mind, delivering value to all our stakeholders.
The founding team building a digital service layer meet the payment need migrants and their families requires intimate knowledge of the diverse communities served.
How remittance arrives to families across the world means touching the very fabric of payments in every emerging market. These markets happen to be the smallest in the world but it happens to be the fastest growing as well.
... The number of international migrants — persons living in a country other than where they were born — reached 244 million in 2015 for the world as a whole ...
Worldwide, an estimated $574 billion (USD) was sent by migrants to relatives in their home countries in 2016, a 1% decline from 2015, when the amount was $581 billion...
...fees remain too high, double the SDG target of 3 percent. Opening up markets to competition and promoting the use of low-cost technologies will ease the burden...
Remittance Flows Worldwide in 2016 : $138,165,000,000 in remittances was sent from United States to other countries in 2016.