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Remitr

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Cross-border remittance solutions simplifying payments for small businesses.

Overview

Remitr is a fintech company that offers cross-border remittance banking solutions aimed at small and medium-sized enterprises. The platform facilitates same-day local payments to Canadian bank accounts and credit unions, as well as international payments to over 150 countries, typically completed within 1-2 days, for a flat fee. Remitr targets businesses that require efficient payment solutions and seeks to address issues related to high costs and inefficiencies in payment processes. The services provided include Canadian business banking and assistance with opening a business bank account in Canada. The company emphasizes low flat fees, the absence of subscription costs, and offers an API for integration.

Key facts

Founded
2014
Headquarters
Toronto, Canada
Sector
Payments

Business model

Contact

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About Remitr

What does Remitr do?

Remitr is a fintech company that offers cross-border remittance banking solutions aimed at small and medium-sized enterprises.

Where is Remitr headquartered?

Remitr is headquartered in Toronto, Canada.

When was Remitr founded?

Remitr was founded in 2014.

Which sector is Remitr in?

Remitr operates in Payments, part of Financial Technology.

Who are Remitr's competitors?

Companies similar to Remitr include ERemit, Fast Pace Transfer, and IMElondon.