Remify
Curated by SignalDecentralized payments platform enabling affordable cross-border money transfers.
Overview
Remify operates a decentralized payments platform that facilitates cross-border monetary-value transfers between Zimbabwe and South Africa. The platform aims to address challenges such as high transfer fees and unfavorable exchange rates by allowing users to connect with individuals in the other country for secure money transfers using local payment systems. Remify utilizes an escrow system to enhance transaction security and charges a fee based on the nature of the transaction. The service is available online and through designated support locations, catering to customers with valid bank or mobile accounts.
Key facts
- Founded
- 2019
- Headquarters
- Sandton, South Africa
- Stage
- Sign up to view
- Industry
- Financial Technology
- Sector
- Decentralized Finance
Business model
- 5 products and services
- Sign up to view
- Commercial model
- Sign up to view
