About Remit
Remit is a company based in Kampala (Uganda) founded in 2013 by Stone Atwine, Collins Mugume, and TMS Ruge. Remit operates in a competitive market with competitors including Wave Systems, Chipper Cash, WorldRemit, YouTrip and bKash, among others.
- Headquarter Kampala, Uganda
- Founders Stone Atwine, Collins Mugume, TMS Ruge
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
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Funding Insights of Remit
Detailed funding history for Remit
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Investments & Acquisitions by Remit
Investment portfolio details for Remit
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Financial Statements - Remit
Detailed financials for Remit
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Remit Comparisons
Peer comparison for Remit
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Remit
Remit 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 Wave Systems, Chipper Cash, WorldRemit, YouTrip and bKash, among others.
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Cross-border money transfers are enabled via an app-based wallet.
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Cross-border remittances are enabled for individuals through a mobile wallet.
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Banking channel for cross border money transfers
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NFC-enabled travel cards and wallets are provided for travelers.
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Mobile financial services and payment system for consumers
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Cross-border payments are enabled via wallet solutions for consumers.
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Detailed competitors of Remit
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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- Competitive positioning
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Latest news on Remit
Complete news archive for Remit
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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Frequently Asked Questions about Remit
Remit was founded in 2013.
Remit is headquartered in Kampala, Uganda.
Stone Atwine is the current CEO of Remit. They have also founded this company.
Useremit was established in 2013 in Kampala, Uganda, within the fintech sector. Funds are transferred through a digital wallet to recipients in Uganda, Kenya, and Rwanda, with payments processed via credit or debit cards directly to the receivers wallet. Bill payments specific to Uganda are also supported, enabling cross-border remittances and local utility settlements in East Africa.
Remit's top competitors include Chipper Cash, Taptap Send and WorldRemit.