What it sells
Fair, simple and accessible financial services
Business model breakdown
Buyer: who owns the budget?
UnverifiedIndividual migrant consumers.
Trigger: what makes them buy now?
Need to send money to family abroad cheaply and quickly after relocating.
Workflow: what inputs become what output?
Create account, fund transfer, convert currency, deliver to bank account or mobile money, usually within minutes.
Economics: what it saves and how it charges
UnverifiedTransfer fees (zero or low) plus FX margin on conversions (hypothesis from FX product); referral program drives growth.
Distribution: how it reaches customers
Self-serve app download, referral program (Invite and earn) and promotions.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Summer 2021 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.