About RemittancesHub
RemittancesHub is a company based in Dubai (United Arab Emirates) founded in 2021. It operates as a B2B, and B2C. RemittancesHub offers products and services including Outbound Business Payments, Inbound Payment Collection, and International P2P Remittances. RemittancesHub operates in a competitive market with competitors including Stripe, Flutterwave, PayU, Network International and ACI Worldwide, among others.
- Headquarter Dubai, United Arab Emirates
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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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- Legal Name Remittances Hub Enterprises Canada Ltd
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Annual Revenue
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Net Profit
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Latest Funding Round
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Investors
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Employee Count
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Products & Services of RemittancesHub
RemittancesHub offers a comprehensive portfolio of products and services, including Outbound Business Payments, Inbound Payment Collection, and International P2P Remittances. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables efficient outbound payments for SMEs to overseas suppliers globally.
Facilitates payment collection from major currencies into emerging markets.
Provides backend support for remittance operators to handle global payouts.
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Funding Insights of RemittancesHub
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by RemittancesHub
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RemittancesHub
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Remittanceshub Comparisons
Competitors of RemittancesHub
RemittancesHub 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 Stripe, Flutterwave, PayU, Network International and ACI Worldwide, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Payment processing and card issuance solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Network International is recognized as a leading digital payment provider in the Middle East and Africa.
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| domain | founded_year | HQ Location |
Digital payments are processed and managed via specialized solutions.
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| domain | founded_year | HQ Location |
Omnichannel payment solutions, loyalty programs, and business tools are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about RemittancesHub
When was RemittancesHub founded?
RemittancesHub was founded in 2021.
Where is RemittancesHub located?
RemittancesHub is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
What does RemittancesHub do?
RemittancesHub operates as a financial platform facilitating seamless cross-border payments, including business payments, payment collections, and P2P remittances. It uses a single API for integration, enabling real-time processing and tracking at lower costs. Based in Canada, it serves banks, fintechs, and remittance operators in emerging markets by providing global connectivity and compliance with regulations. The service supports payouts in over 86 countries across various currencies.
Who are the top competitors of RemittancesHub?
RemittancesHub's top competitors include Stripe, PayU and Flutterwave.
What products or services does RemittancesHub offer?
RemittancesHub offers Outbound Business Payments, Inbound Payment Collection, and International P2P Remittances.