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Remit

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Cross-border payments wallet enabling secure remittance transfers to Africa.

Overview

Remit operates as a cross-border payments wallet, focusing on remittance transfer services for individuals in the diaspora who wish to send money to Uganda, Kenya, and Rwanda. The platform enables money transfers to registered mobile-money users in these countries. It utilizes mobile money technology to offer competitive rates and upfront fees. The service can be accessed through computers, smartphones, and tablets. Remit emphasizes the security of personal data and funds through encryption and high-security standards, and it provides notifications upon the delivery of funds.

Key facts

Founded
2013
Headquarters
Kampala, Uganda
Sector
Payments

Business model

Contact

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About Remit

What does Remit do?

Remit operates as a cross-border payments wallet, focusing on remittance transfer services for individuals in the diaspora who wish to send money to Uganda, Kenya, and Rwanda.

Where is Remit headquartered?

Remit is headquartered in Kampala, Uganda.

When was Remit founded?

Remit was founded in 2013.

Which sector is Remit in?

Remit operates in Payments, part of Financial Technology.

Who are Remit's competitors?

Companies similar to Remit include Remitee, Slide, and YMoney.