About Minit Money
Minit Money is a company based in Sandton (South Africa) founded in 2019. It operates as a D2C and B2C. Minit Money offers products and services including Minit Money App, Mobile Money Transfer, Cash Collection Service, and Bank Account Transfer. Minit Money operates in a competitive market with competitors including MoneyGram, Chipper Cash, WorldRemit, Wave Systems and PaySend, among others.
- Headquarter Sandton, South Africa
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website minitmoney.com
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Products & Services of Minit Money
Minit Money offers a comprehensive portfolio of products and services, including Minit Money App, Mobile Money Transfer, Cash Collection Service, and Bank Account Transfer.
App for quick and secure international money transfers.
Service for sending funds directly to mobile accounts.
Option for beneficiaries to collect cash at locations.
Direct transfer to bank accounts across Africa.
Apps and channels of Minit Money
its YouTube channel Minit Money has 10 subscribers.
Competitors of Minit Money
Minit Money operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoneyGram, Chipper Cash, WorldRemit, Wave Systems and PaySend, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| chippercash.com | 2018 | San Francisco, United States | $302.2M | – | Cross-border remittances are enabled for individuals through a mobile wallet. | |
| worldremit.com | 2010 | London, United Kingdom | $623.96M | 263 | Banking channel for cross border money transfers | |
| wave.com | 1996 | Lee, United States | $326.26M | – | Cross-border money transfers are enabled via an app-based wallet. | |
| paysend.com | 2015 | Valletta, Malta | $226.9M | – | Cross-border money transfers are enabled via digital wallet. | |
| taptapsend.com | 2018 | London, United Kingdom | $78.36M | – | Cross-border money transfers are enabled by an app-based digital wallet. | |
| sendwave.com | 2011 | Boston, United States | $13.8M | 339 | Cross-border money transfers are facilitated through a mobile wallet service. | |
| bkash.com | 2011 | Dhaka, Bangladesh | $261M | – | Mobile financial services and payment system for consumers | |
| you.co | 2018 | Singapore | $105.5M | – | NFC-enabled travel cards and wallets are provided for travelers. | |
| lemfi.com | 2020 | Maidstone, United Kingdom | $86.85M | – | Cross-border payments are enabled for sending and receiving money internationally. |
Detailed competitors of Minit Money
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Latest news on Minit Money
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Similar companies to Minit Money
10 companies that operate in the same segment as Minit Money (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Minit Money
Minit Money was founded in 2019.
Minit Money is headquartered in Sandton, South Africa. It is registered at Sandton, Gauteng, South Africa.
Minit Money is a South African company providing a user-friendly app for remittance services, allowing individuals to send money to countries like Kenya, Uganda, and Nigeria. It facilitates transfers through options such as mobile money, cash collections, and bank accounts, ensuring safety and affordability. Based in Johannesburg, it primarily serves Africans in South Africa supporting their families abroad, with payments via in-store, EFT, or ATMs for convenience.
Minit Money's top competitors include Chipper Cash, Taptap Send and WorldRemit.
Minit Money offers Minit Money App, Mobile Money Transfer, Cash Collection Service, and Bank Account Transfer.