Remitly

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Remitly was founded in 2011 by Matt Oppenheimer and Josh Hug, who were inspired to start the company after witnessing the challenges faced by immigrants when sending money back home. They saw an opportunity to leverage technology to make the process faster, more affordable, and more convenient. Remitly platform allows users to send money from their mobile phones or computers, eliminating the need to visit a physical location or wait in long lines. The company partners with banks and other financial institutions around the world to facilitate the transfer of funds, ensuring that the money reaches its destination securely and quickly. One of Remitly key features is its competitive exchange rates and low fees. The company is able to offer better rates and lower fees compared to traditional money transfer services by operating primarily online and leveraging technology to streamline operations.Remitly also prioritizes customer experience and has developed a user-friendly interface that makes it easy for users to send money, track their transfers, and receive notifications on the status of their transactions. The company also offers customer support in multiple languages to cater to its diverse user base. In addition to its core money transfer service, Remitly has expanded its offerings to include additional financial services. This includes features such as bill payment, mobile airtime top-up, and digital wallets, providing users with a comprehensive suite of financial tools. Remitly has grown rapidly since its founding and has raised significant funding from investors. The company has offices in the United States, the United Kingdom, Canada, Australia, and the Philippines, and serves millions of customers worldwide. Overall, Remitly aims to provide a convenient and affordable solution for immigrants to send money to their loved ones, helping them support their families and communities back home. Social Link

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REMITTANCE360 LTD

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REMITTANCE360 LTD As an electronic money institution, REMITTANCE360 LTD offers a range of payment services to individuals and businesses. These services include remittance transfers, currency exchange, and payment processing. REMITTANCE360 LTD operates as a payment infrastructure provider, meaning that it facilitates the movement of funds between different parties. This can include transferring money from one country to another, converting currencies, and processing payments for goods and services. As an authorized and regulated institution, REMITTANCE360 LTD is subject to strict regulatory requirements. This ensures that customer funds are protected and that the company operates in a safe and secure manner. It aims to provide efficient and cost-effective payment solutions to its customers. By leveraging technology and innovation, the company strives to make the process of sending and receiving money as seamless as possible. Overall, It  is a trusted and reliable provider of payment infrastructure, offering a range of services to meet the needs of individuals and businesses alike.

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Rewire EU B.V.

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Rewire EU B.V. offers a range of financial services to individuals and businesses, with a particular focus on serving the needs of migrants and expatriates. The company provides IBAN accounts, which allow customers to receive and send money internationally. Rewire EU B.V. also offers money remittance services, enabling customers to send money to their home countries quickly and securely. The company aims to provide competitive exchange rates and low fees to make international money transfers more affordable for its customers. As an electronic money institution, Rewire EU B.V. is subject to strict regulatory oversight by the De Nederlandsche Bank. This ensures that the company operates in compliance with applicable laws and regulations, and that customer funds are safeguarded. Rewire EU B.V. is committed to providing a user-friendly and convenient experience for its customers. The company offers a mobile app and online platform, allowing customers to manage their accounts and make transactions easily from anywhere in the world. Overall, Rewire EU B.V. aims to provide accessible and affordable financial services to individuals and businesses, with a focus on meeting the unique needs of migrants and expatriates. Social Link

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REXELPAY LTD

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As an electronic money institution, REXELPAY LTD offers a range of services related to multi-currency accounts. These accounts allow customers to hold and manage funds in different currencies, making it easier to transact and manage finances in multiple countries. REXELPAY LTD is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. This means that the company operates under strict regulatory guidelines to ensure the safety and security of customer funds. Some of the key features and services offered by REXELPAY LTD include: 1. Multi-currency accounts: Customers can open accounts in different currencies, allowing them to hold and manage funds in various currencies. 2. Currency exchange: REXELPAY LTD provides currency exchange services, allowing customers to convert funds from one currency to another at competitive rates. 3. International transfers: Customers can make international transfers from their multi-currency accounts, enabling them to send and receive funds globally. 4. Debit cards: REXELPAY LTD offers debit cards linked to multi-currency accounts, allowing customers to make purchases and withdraw cash in different currencies. 5. Online and mobile banking: Customers can access and manage their multi-currency accounts through online and mobile banking platforms, making it convenient to monitor and control their finances. 6. Security and compliance: REXELPAY LTD adheres to strict security measures and regulatory requirements to ensure the safety and privacy of customer information and funds. Overall, REXELPAY LTD aims to provide a comprehensive and convenient solution for individuals and businesses that require multi-currency accounts and related services.

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Rational FX

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Rational FX The UK leading international money transfers and foreign currency exchange payments company is TransferWise. TransferWise offers a fast, secure, and low-cost way to send money abroad and exchange currencies. They have a user-friendly online platform and mobile app that allows customers to easily make transfers and track their transactions. TransferWise also offers competitive exchange rates and transparent fees, making it a popular choice for individuals and businesses alike. Social Link

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Project Imagine Ltd

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Project Imagine Ltd is an electronic money institution that operates in the FinTech industry. It is based in the United Kingdom and is authorized and regulated by the Financial Conduct Authority. In 2020, It had total assets of 7.93 million GBP. The company generated a net income of -4,942,072.00 GBP, indicating a loss for the year. As an electronic money institution, Project Imagine Ltd likely provides digital financial services such as online banking, digital wallets, and payment solutions. The company focus on building FinTech solutions suggests that it is actively involved in developing innovative technologies and products in the financial sector. Being authorized and regulated by the Financial Conduct Authority ensures that Project Imagine Ltd operates within the legal framework and meets the necessary regulatory requirements to provide financial services to its customers. Social Link

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Psi-Pay ltd

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Psi-Pay ltd is an electronic money institution that specializes in providing partner sponsorship payment solutions. They offer a range of services including issuing debit and prepaid cards, virtual cards, and contactless cards. They also provide BIN sponsorship to businesses. In 2019, Psi-Pay ltd had total assets of 68.82 million GBP. They generated a net income of 1.03 million GBP during the same period. Psi-Pay ltd is incorporated in the United Kingdom and is authorized and regulated by the Financial Conduct Authority (FCA). This means that they operate under strict regulatory guidelines to ensure the safety and security of their customers funds. Overall, It is a reputable electronic money institution that provides a range of payment solutions to businesses and individuals. Social Link

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Qonto

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Qonto is a digital banking platform designed to simplify financial management for businesses. It offers a robust business account with features like local IBANs, free Mastercards, and instant payments. Qonto also provides tools for invoice management, allowing businesses to centralize invoices and automate payments. Additionally, it offers expense and spend management features to control team spending and streamline receipt collection. With Qonto, businesses can also collaborate with their accountants and get a real-time overview of their cash flow. Trusted by over 450,000 customers, It is redefining business banking with its comprehensive and user-friendly platform. Year Founded: It was founded in 2016. CEO: The CEO of Qonto is Alexandre Prot. Headquarters: The headquarters of Qonto is located in Paris, France. Why choose Qonto? Business Account: It provides a powerful business account that includes day-to-day banking, local IBANs, free Mastercards, and instant payments. Invoice Management: You can centralize invoices and receipts in one place, get paid faster, and automate your outgoing payments. Expense & Spend Management: It allows you to control team spending with budgets, automatic receipt collection, and tailored access. Bookkeeping & Cash Flow: You can collaborate with your accountant, share tools, and get a full, real-time cash flow overview. Social Link

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PPI

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PPI payment processing software solutions are designed to help financial institutions streamline their payment processes, improve efficiency, and reduce costs. Their EBICS and FinTS solutions enable secure and reliable communication between customers and banks, allowing for the seamless transfer of payment instructions and data. PPI core processing solutions handle the processing of payments, including payment validation, routing, and settlement. These solutions are designed to handle high volumes of transactions and ensure accurate and timely processing. In addition to their software solutions, PPI also offers consulting services to help financial institutions navigate the complex world of payments. Their consulting team provides strategic advice on topics such as regulatory compliance, instant payments, SEPA, and individual, bulk, and card-based payments. They also offer IT consulting services to help financial institutions optimize their payment systems and infrastructure. Overall, PPI products and services are designed to help financial institutions stay competitive in the rapidly evolving payments landscape by providing them with the technology and expertise they need to effectively manage their payment processes. Social Link

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Edenred Payment Solutions is a leading provider of flexible and reliable payment solutions. They offer a wide range of services including embedded finance, digital banking, payment card services, accounts & payments, card issuing, and processing. Their embedded solutions are revolutionizing the way we interact with financial services, making them accessible anytime, anywhere. Their payment card technology delivers excellent payment experiences, supporting customers effectively. They also provide e-money account services across the UK and Europe, and card issuing services to facilitate online and in-store payment options. Their all-in-one processing platform is diversified and robust. With a portfolio of products designed to enhance the customer journey and backed by expert technical, regulatory, and product support, Edenred Payment Solutions is praised for its innovative yet reliable solutions. Year Founded: Edenred Payment Solutions is part of the Edenred group, which was founded in 2010. However, their service is built upon over 15 years of industry experience. CEO: The Chairman and Chief Executive Officer of Edenred is Bertrand Dumazy. Headquarters: Edenred’s headquarters are located in Issy-les-Moulineaux, France. Why choose Edenred Payment Solutions? Experience: They have over 15 years of industry experience, fintech insights, and technical expertise. Innovation: They empower innovation and unleash the potential of their ambitious customers. Reliability: As a pillar of the wider Edenred ecosystem, they deliver services that are stable, secure, and designed to support your organization as you scale. Regulatory Compliance: They are a regulated entity with FCA (UK) and NBB (EU) and passporting across Europe. Customer Focus: They focus on user acquisition, market expansion, and product development, while taking care of the core payment infrastructure. Flexibility: They’ve developed a range of highly configurable solutions, equipping you with the tools and support needed to provide a unique product experience for your customers. Social Link

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Privalgo Limited

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Privalgo Limited is an electronic money institution that specializes in providing foreign exchange solutions. They offer a range of services including foreign exchange, international money transfers, FX risk management, and treasury services. Privalgo Limited caters to both individuals and corporates, helping them with their foreign exchange needs. Whether it for personal reasons such as buying property abroad or for business purposes such as paying overseas suppliers, Privalgo Limited can assist with the necessary currency conversions and transfers. One of the key services offered by Privalgo Limited is FX risk management. They help businesses mitigate the risks associated with currency fluctuations by providing hedging solutions. This allows businesses to protect themselves from adverse movements in exchange rates and manage their foreign exchange exposure effectively. In terms of financials, Privalgo Limited had total assets of 10.85 million GBP in 2019. However, they generated a net loss of 273,187.00 GBP during the same period. This indicates that the company may have faced some challenges or incurred expenses that impacted their profitability. Privalgo Limited is incorporated in the United Kingdom and is authorized and regulated by the Financial Conduct Authority (FCA). This regulatory oversight ensures that the company operates in compliance with the necessary regulations and provides a level of trust and security to its customers. Overall, Privalgo Limited is a specialized electronic money institution that focuses on providing foreign exchange solutions to individuals and corporates. With their range of services and regulatory authorization, they aim to assist customers with their foreign exchange needs and help them manage their FX risks effectively. Social Link

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Privat 3 Money Ltd

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Privat 3 Money Ltd is an electronic money institution that specializes in providing IBAN accounts. These accounts allow customers to hold and manage funds in multiple currencies. In addition to IBAN accounts, Privat 3 Money Ltd also offers prepaid cards and virtual cards. As an electronic money institution, Privat 3 Money Ltd is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. This means that the company must adhere to strict regulations and standards to ensure the safety and security of customer funds. In 2019, It reported total assets of 324,379.00 GBP. This indicates the financial strength and stability of the company. Overall, It provides a range of financial services, including multi-currency IBAN accounts, prepaid cards, and virtual cards. The company is authorized and regulated by the FCA, ensuring that customers can trust their funds are safe and secure. Social Link

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