Xela
Curated by SignalCross-border remittance app enabling low-cost, fast money transfers.
Overview
Xela functions as a cross-border remittance solution, featuring a mobile application that facilitates low-cost and rapid money transfers. The service is aimed at individuals who send funds to family and friends in their countries of origin. Users can input transfer amounts and see the corresponding amounts that recipients will receive. The application is available for free on major app stores and complies with legal regulations in various countries, suggesting that it has established partnerships with financial institutions and payment processors. Xela addresses the demand for cost-effective and efficient remittance services.
Key facts
- Founded
- 2022
- Headquarters
- Santiago, Chile
- Stage
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- Industry
- Financial Technology
- Sector
- Payments
Business model
- GTM channel
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- 3 products and services
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Contact
- Primary office
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