Located at the forefront of digitization, the online remittance industry encompasses a myriad of companies providing expedient and secure global money transfer solutions. Leveraging internet technology, these enterprises enable individuals and businesses to effortlessly dispatch funds around the world, all at the touch of a button. They distinguish themselves by offering competitive rates, varied payment and withdrawal methods, and round-the-clock accessibility. Amid increasing internet penetration and the mounting demand for convenience, experts predict a persisting upward trajectory for the online remittance sector.


Top 21 Online Remittance Companies

1. UAE Exchange

  • Website: uaeexchange.com
  • Headquarters: Abu Dhabi, Abu Dhabi, United Arab Emirates
  • Founded: 1980
  • Headcount: 5001-10000
  • Latest funding type: Acquired
  • LinkedIn

UAE Exchange is a leading financial institution offering convenient and secure money transfer services. With the mobile app or website, customers can easily send money around the globe in just a few clicks. They also provide payment solutions for utility, insurance, and other bills, as well as convenient options for recharging the phones of loved ones back home. With a focus on safety, convenience, and value, UAE Exchange is committed to providing reliable financial services.


2. Wise

  • Website: wise.com
  • Headquarters: London, England, United Kingdom
  • Founded: 2011
  • Headcount: 1001-5000
  • Latest funding type: Post Ipo Debt
  • LinkedIn

Wise.com is a financial technology company that provides international money transfer services and multi-currency accounts. With their platform, individuals and businesses can send and receive money globally at a low cost and with competitive exchange rates. They also offer a Wise Mastercard® for convenient spending and access to their services.


3. WorldRemit

WorldRemit is a global online money transfer service that enables individuals to send money to their loved ones across borders. With a user-friendly app, convenient transactions can be made quickly and securely at competitive exchange rates.


4. Ria Money Transfer

RIA Financial Services is a company that provides international money transfer services. With a network of agents and partners worldwide, they offer secure, efficient, and affordable remittance solutions to individuals and businesses.


5. WorldFirst

  • Website: worldfirst.com
  • Headquarters: London, Greater London, United Kingdom
  • Founded: 2004
  • Headcount: 501-1000
  • Latest funding type: Acquired
  • LinkedIn

WorldFirst is a company that offers international currency exchange and money transfer services to individuals and businesses. With a focus on competitive rates, secure transactions, and excellent customer service, they provide a convenient and reliable solution for sending and receiving money globally.


6. Skrill

  • Website: skrill.com
  • Headquarters: London, England, United Kingdom
  • Founded: 2001
  • Headcount: 1001-5000
  • Latest funding type: Acquired
  • LinkedIn

Skrill is a financial technology company that offers online payment solutions to individuals and businesses. It provides a secure and convenient way to send and receive money globally, make online purchases, and manage digital wallets.


7. TransferWise

TransferWise is a platform that offers smart and reliable payment experiences, allowing users to transfer money internationally. They provide step-by-step integration guides, API references, and support to create innovative payment solutions. Users can create multi-currency accounts, fund transfers through various methods, and make payments in different currencies. TransferWise enables secure access and management of accounts and data, customization of payment flows, and leverages payments and banking infrastructure.


8. Mukuru

  • Website: mukuru.com
  • Headquarters: Cape Town, Western Cape, South Africa
  • Founded: 2004
  • Headcount: 501-1000
  • LinkedIn

Mukuru.com is an online platform that offers money transfer services and various financial products to individuals and businesses. With a user-friendly interface and a wide network of payout partners, Mukuru.com allows users to send money to different countries quickly and securely. In addition, the company also provides services such as funeral cover, groceries, and staff payments.


9. Revolut

  • Website: revolut.com
  • Headquarters: London, England, United Kingdom
  • Founded: 2015
  • Headcount: 1001-5000
  • Latest funding type: Secondary Market
  • LinkedIn

Revolut is a financial technology company that offers a range of financial services and products. With their mobile app, users can manage their day-to-day spending, send money internationally, exchange currencies, invest in cryptocurrencies, and access budgeting tools and analytics.


10. Instarem.

  • Website: instarem.com
  • Headquarters: Central Business District, Singapore, Singapore
  • Founded: 2014
  • Headcount: 201-500
  • LinkedIn

Instarem.com is a global money transfer service that provides fast, transparent, and cost-effective solutions for businesses and individuals. They offer a wide range of payment services, including international remittance payments, batch payments, and global collections account.


11. GCC Exchange

GCC Exchange is a fast-growing money transfer and foreign exchange brand for individuals and businesses with a presence in four continents. They offer competitive rates for retail and wholesale foreign currency exchange and provide free pick-up services for corporate customers. Their online platform, GCC Exchange WebTT, allows customers to conveniently and cost-effectively send money worldwide. They also offer additional services such as mobile recharge and VAT payments.


12. Xoom, A PayPal Service

  • Website: xoom.com
  • Headquarters: San Francisco, California, United States
  • Founded: 2001
  • Headcount: 201-500
  • Latest funding type: Acquired
  • LinkedIn

Xoom, a PayPal service, offers fast, easy, and secure ways to send money, reload phones, and pay bills for family and friends around the world.


13. TransferMate Global Payments

  • Website: transfermate.com
  • Headquarters: Kilkenny, Kilkenny, Ireland
  • Founded: 2008
  • Headcount: 201-500
  • Latest funding type: Series C
  • LinkedIn

TransferMate is a global payments platform that offers secure and efficient solutions for cross-border transactions. They provide services such as global accounts, foreign exchange, receivables, and payments. With offices in multiple countries, TransferMate caters to corporate and individual clients, offering quick and reliable transfer options.


14. BFC Group Holdings

BFC Group Holdings is a global financial services company specializing in money transfers, foreign currency exchange, and wholesale currency services. With over 140 retail branches worldwide, we offer reliable, safe, and convenient solutions to individuals and organizations. Our competitive rates on foreign currencies and fast worldwide payment options make us a trusted choice for customers. We are committed to reducing costs and providing a wide choice of currencies through our retail, corporate, and wholesale services.


15. CurrencyFair

  • Website: currencyfair.com
  • Headquarters: Dublin, Dublin, Ireland
  • Founded: 2009
  • Headcount: 51-200
  • Latest funding type: Debt Financing
  • LinkedIn

CurrencyFair is an online platform that offers fast, secure international money transfers in over 20 currencies. With competitive exchange rates, customers can save on costly transfers for various purposes such as overseas pension, tuition fees, property purchases, and more. The company provides first-class support from real people and ensures the safeguarding of funds through bank-beating FX services. Rated Excellent on Trustpilot, CurrencyFair offers a hassle-free experience with easy-to-use features and bank-level security.


16. BeeTech.global

  • Website: remessaonline.com.br
  • Headquarters: São Paulo, Sao Paulo, Brazil
  • Founded: 2016
  • Headcount: 201-500
  • Latest funding type: Acquired
  • LinkedIn

Remessa Online is an online platform that provides easy and efficient international money transfers for individuals and businesses. With low fees and fast processing times, users can send and receive money from anywhere in the world. The platform offers solutions for various needs, including receiving payments from foreign companies, investing in international markets, and sending funds to family members abroad. Remessa Online simplifies the transfer process by minimizing bureaucracy and ensuring the security of users' information.


17. ACE Money Transfer

ACE Money Transfer is a fast and secure money transfer service that allows receivers in 100+ countries to receive payments conveniently. With a round-the-clock service, ACE exceeds global remittance demands by offering a stress-free way of sending money online. Customers can send money through various methods, including online bank transfers and debit/credit cards.


18. Ersal

  • Website: ersal.sa
  • Headquarters: Riyadh, Ar Riyad, Saudi Arabia
  • Founded: 2015
  • Headcount: 201-500
  • LinkedIn

Ersal is a global money transfer company. They offer easy, fast, and fee-free international money transfer services through their branches and online platform.


19. Remit Choice Limited

Remit Choice is a money transfer service operating in 70+ countries around the world. We provide instant and secure transfers, with fast processing and guaranteed on-time delivery. Our zero-cost service offers upfront best exchange rates without any hidden charges. Customers can send money internationally and track their transactions through our website or mobile app.


20. Omnex Group

  • Website: omnexgroup.com
  • Headquarters: Englewood Cliffs, New Jersey, United States
  • Founded: 2003
  • Headcount: 51-200
  • LinkedIn

Omnex Group is a licensed money transfer company specializing in fast and reliable international funds transfer. With well-recognized brands such as Giromex, LE, and Uno, Omnex serves a loyal customer base with trusted services. They offer online money transfer to certain countries and boast advanced technology, competitive rates, and an extensive global payer network.


21. Samsara Remit

Samsara Remit is a remittance company that provides instant money transfer services across its network of more than 8000 agent locations. Customers can send money online or deposit it in their virtual wallet. The company collaborates with various exchanges and digital wallets to expand its digital remittance services. Samsara Remit aims to offer convenient and efficient financial solutions for remittances from different countries.


Want to find more online remittance companies?


If you want to find more companies that specialize in global money transfers and remittance services you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


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