The international remittance industry serves as a vital bridge in the global economy, facilitating the transfer of finances between borders. As more economies become global, this market, comprising of companies like Wise and WorldRemit, gains increased significance. They commonly offer a range of services including digital fund transfers, currency exchange, and multi-currency accounts which are often accessible via user-friendly online platforms and mobile applications. Amidst a progressing digital transformation, the industry is channeling efforts toward lower cost alternatives and faster transactions, demonstrating a potential shift towards FinTech-driven solutions.


Top 22 International Remittance Companies

1. 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.


2. 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.


3. 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.


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. Small World Financial Services

  • Website: smallworldfs.com
  • Headquarters: London, England, United Kingdom
  • Founded: 2005
  • Headcount: 501-1000
  • Latest funding type: Private Equity
  • LinkedIn

Small World is a global money transfer company that offers various options for sending and receiving money. With a network of over 75 branches and 7400+ agents worldwide, customers can choose between using the money transfer app, website, or visiting a physical location. They provide flexible delivery methods based on the sender's and receiver's locations. Small World aims to simplify international transactions for the 15 million customers they serve annually.


6. Transfast, a Mastercard Company

  • Website: transfast.com
  • Headquarters: New York, New York, United States
  • Founded: 1988
  • Headcount: 501-1000
  • LinkedIn

Transfast is a global payment solutions provider that enables individuals and businesses to send and receive money across borders in a fast, secure, and convenient manner.


7. 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.


8. Payoneer

  • Website: payoneer.com
  • Headquarters: New York, New York, United States
  • Founded: 2005
  • Headcount: 1001-5000
  • Latest funding type: Post Ipo Equity
  • LinkedIn

Payoneer is a global payment platform that enables businesses to send and receive cross-border payments quickly and securely.


9. Ofx

  • Website: ofx.com
  • Headquarters: Sydney, Nsw, Australia
  • Founded: 1998
  • Headcount: 201-500
  • Latest funding type: Ipo
  • LinkedIn

OFX is a global financial services company that offers international payment solutions. They provide secure and efficient money transfers for individuals and businesses, allowing them to send and receive funds globally. With a focus on fair and competitive exchange rates, OFX helps customers save money on foreign currency transactions.


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. 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.


12. 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.


13. 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.


14. Taptap Send

  • Website: taptapsend.com
  • Headquarters: New York, New York, United States
  • Founded: 2018
  • Headcount: 51-200
  • Latest funding type: Series B
  • LinkedIn

Taptap Send is a smartphone app that allows users to send money to family and friends with just a few taps and a debit card. It offers fast transfers to mobile money wallets on popular networks in Africa, Asia, the Caribbean, and South America. With Taptap Send, there are no more waiting in line, complicated fees, or concerns about whether transfers are received. It is a convenient, safe, and efficient way to send money internationally.


15. 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.


16. 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.


17. Transfer Galaxy

  • Website: transfergalaxy.com
  • Headquarters: Örebro, Örebro, Sweden
  • Founded: 2014
  • Headcount: 51-200
  • Latest funding type: Series Unknown
  • LinkedIn

TransferGalaxy is a payment institution that allows users to send money easily and securely to loved ones in various countries. They offer low fees and convenient mobile apps for quick transfers. Users can send money to mobile wallets or cash pickup points in over 20 countries. TransferGalaxy is dedicated to extending the reach of possibilities and supporting loved ones back home.


18. MORE Payment Evolution

More Payment Evolution is a global payment solution company that offers safe, fast, and convenient payment services to customers worldwide. With direct bank connections in over 120 countries, we provide a seamless platform for sending and receiving remittances. Our innovative +more app revolutionizes the industry with its unique capabilities. We are committed to evolving alongside the payment industry to make cross-border payments easier and more efficient for our clients.


19. 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.


20. Bank of China (Australia)

Bank of China is a financial institution that offers a wide range of banking services to individuals and businesses. They provide services such as savings accounts, loans, international money transfers, investment opportunities, and corporate financing solutions.


21. Paysend

  • Website: paysend.com
  • Headquarters: London, England, United Kingdom
  • Founded: 2017
  • Headcount: 501-1000
  • Latest funding type: Series Unknown
  • LinkedIn

Paysend.com is a global money transfer service that offers fast and secure transfers to over 100 countries worldwide. With bank-level security and 24/7 support, Paysend ensures that your money arrives quickly and safely. Whether you want to send money using bank cards, accounts, or a mobile number, Paysend provides hassle-free transfer methods for individuals and businesses alike.


22. Intermex Wire Transfer, LLC

  • Website: intermexonline.com
  • Headquarters: Miami, Florida, United States
  • Founded: 1994
  • Headcount: 501-1000
  • Latest funding type: Debt Financing
  • LinkedIn

Intermex is a money transfer company that allows individuals to send money to their loved ones in Latin America and Africa. With over 160,000 payout locations and partnerships with major banks, Intermex ensures safe and secure transactions.


Want to find more international remittance companies?


If you want to find more companies that offer international fund transfer services, multi-currency accounts, and competitive currency exchange rates you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


With Inven you'll also get to know the company's:


  • Ownership: Which of these are private equity backed? Which are family-owned?
  • Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
  • Financials: How do these companies perform financially? What are their revenues and profit margins?

...and a lot more!