US$667 billion global market, despite effects of COVID-19 [World Bank Oct 2020]
But senders often pay high fees and predatory foreign exchange rates to banks and traditional money transfer operators—which can aggregate up to 10% of the amount sent
By providing fintechs and financial services providers with the technology platform & payment rails to support fast, low cost, cross-border money transfer services.
Give senders—especially immigrants and foreign workers–ways to send money home online that are
Safe
Secure
Fast
With low fees and fair foreign exchange rates
Fully-audited and operational money services business, licensed and regulated by FINTRAC, an agency of the Canadian Government
100% online services–no physical locations, no cash handling
Comprehensive KYC, AML and fraud control systems
Management team and advisory board with decades of experience in fintech, financial services, payments, IT, start-ups, regulatory and compliance