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Waricel

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Cross-border remittance solution enabling instant money transfers for immigrants.

Overview

Waricel operates as a cross-border remittance solution, focusing on facilitating money transfers for immigrants sending funds to their families in Côte d'Ivoire. The platform offers an international mobile money transfer service that enables users to send small amounts of money instantly through its website or mobile app. Waricel partners with local mobile operators such as Orange, MTN, and Moov to ensure that funds can be received at various partner agencies and shops. The company aims to address the challenges associated with traditional remittance methods, including long queues and complex calculations, by providing a transparent pricing system and ensuring the safe delivery of funds. Waricel's target audience consists of immigrants looking for efficient and cost-effective methods to support their families in their home country.

Key facts

Founded
2019
Sector
Payments

Business model

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About Waricel

What does Waricel do?

Waricel operates as a cross-border remittance solution, focusing on facilitating money transfers for immigrants sending funds to their families in Côte d'Ivoire.

Where is Waricel headquartered?

Waricel is headquartered in Columbia, United States.

When was Waricel founded?

Waricel was founded in 2019.

Which sector is Waricel in?

Waricel operates in Payments, part of Financial Technology.

Who are Waricel's competitors?

Companies similar to Waricel include LUMENWIRE, Himilo, and CYTO.