Remitsy

Beijing, China Founded: 2015 • Age: 11 yrs Acquired By Wyre
Cross-border remittances are facilitated for businesses using blockchain technology.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Remitsy

Remitsy is a company based in Beijing (China) founded in 2015 was acquired by Wyre in April 2017. Remitsy operates in a competitive market with competitors including Payoneer, Airwallex, Rapyd, Thunes and PingPong, among others.

  • Headquarter Beijing, China
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Wyre

    (Apr 04, 2017)

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Funding Insights of Remitsy

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Detailed funding history for Remitsy

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Investors in Remitsy

Remitsy has secured backing from 1 investor. Prominent investors backing the company include Wyre.

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Investor Description Founded Year Domain Location
Blockchain-based international money transfers are enabled for businesses.
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Investor details for Remitsy

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Investments & Acquisitions by Remitsy

Investments
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Investment portfolio details for Remitsy

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Financial Statements - Remitsy

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Detailed financials for Remitsy

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Remitsy Comparisons

Remitsy Primary company
Description
Cross-border remittances are facilitated for businesses usin...
Location
Beijing, China
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Remitsy

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Competitors of Remitsy

Remitsy 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 Payoneer, Airwallex, Rapyd, Thunes and PingPong, among others.

Company Name Domain Founded year HQ Location Description
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Cross-border payments are enabled for businesses via diverse payout methods.
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Cross-border payments are processed for businesses via tools and APIs.
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Global payment solutions are provided by Rapyd to businesses worldwide.
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Cross-border payment infrastructure provider
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Cross-border business payments are managed via an online platform.
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Cross-border money transfers are facilitated for individuals and businesses.
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Detailed competitors of Remitsy

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Latest news on Remitsy

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Complete news archive for Remitsy

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Frequently Asked Questions about Remitsy

Remitsy was founded in 2015.

Remitsy is headquartered in Beijing, China.

Founded in 2015 in Beijing, China, operations are centered in the fintech sector for B2B remittances. Cross-border payments are processed for business owners to settle supplier obligations. A mid-market exchange rate is applied alongside a transfer fee beginning at 1. Blockchain is employed to handle conversions and deliveries. Funds are deposited by users into a local account after form submission, followed by blockchain transmission to recipients.

Remitsy's top competitors include Payoneer, Airwallex and Thunes.

Remitsy has 1 investor. Key investors include Wyre.

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