The UN goal is <3% for remittance fees. So why are 𝟮𝟴 𝗰𝗼𝘂𝗻𝘁𝗿𝗶𝗲𝘀 𝘀𝘁𝗶𝗹𝗹 𝗽𝗮𝘆𝗶𝗻𝗴 𝗺𝗼𝗿𝗲? 𝗛𝗶𝗴𝗵 𝗿𝗲𝗺𝗶𝘁𝘁𝗮𝗻𝗰𝗲 𝗰𝗼𝘀𝘁𝘀 𝗶𝗻 𝗰𝗼𝘂𝗻𝘁𝗿𝗶𝗲𝘀 like Sierra Leone, Uganda, and Zambia are not just a social issue—they're a significant drag on global development and local economies. Our new article explores: The 4 key reasons fees remain high (Regulatory complexity, market concentration, etc.) How $20 BILLION could be saved annually if the global average hit the 3% target. The role of Modular Software (like RemitSo) in slashing costs, enhancing compliance, and transforming MTOs/Banks into "super digital ecosystems." Stop losing margin to outdated infrastructure. Read the full analysis on how technology can finally solve this persistence problem. ➡️ https://lnkd.in/dcATTE94 #Fintech #Remittance #SDGs #CrossBorderPayments #DigitalTransformation #RemitSo #MoneyTransfer #Remit
RemitSo
Software Development
Bengaluru, India 1,008 followers
Full Suite Enterprise-Grade Software Platform for Managing International Money Transfer Operations
About us
RemitSo is a Full Suite Enterprise-Grade, Software Platform for Managing International Money Transfer Operations. It is designed for Banks, Fintechs, Exchange houses & International Money Transfer Operators. RemitSo works on both Platform as a service (PaaS) and offers bespoke development options.
- Website
-
https://www.remitso.com/
External link for RemitSo
- Industry
- Software Development
- Company size
- 11-50 employees
- Headquarters
- Bengaluru, India
- Type
- Privately Held
- Founded
- 2022
Products
RemitSo
Financial Risk Management Software
Our powerful Sanctions Screening Module ensures compliance, safeguarding your reputation and financial stability.
Locations
-
Primary
Get directions
Bizzhub Aspire, SJR Koramangala, Plot 36, 1st floor Sony World Signal, 100 Feet Rd, Venkappa Garden
Bengaluru, India 560095, IN
Employees at RemitSo
-
Vivek Sharma
White Label Remittance Software (RemitSo), Compliance and Reg-tech
-
Dhruv Patel
CTO @ RemitSo | Architecting scalable, modular remittance infrastructure | Deep focus on secure payment flows, compliance automation & real-time…
-
Anwita Das
Senior Software Developer | Fintech & API Specialist
-
Abhishek Agrawal
Updates
-
The most expensive thing in remittance? Waiting. To launch a remittance business, globally regulators require you to have a full company setup—a robust compliance team, legal frameworks, and significant capital—all while your revenue clock is stuck at zero. And rightly so. Their goal is to protect consumers and ensure the stability of the financial system. But this may creates an impossible hurdle for new innovators: a model that can kill your business before you serve your first customer. In this quick video, our product consultant, Satyam Choudhary breaks down the Remittance-as-a-Service (RaaS) path—the model that gets your revenue clock ticking in weeks, not years. https://lnkd.in/dnd8iEhT Stop funding a waiting room. Start funding your growth.
Launching Your International Money Transfer Business: A Guide to Remitso as a Service
https://www.loom.com
-
We're proud to introduce our Co-Founder, the driving force behind the technical and regulatory excellence of RemitSo: Vivek Sharma As the Head of Compliance and the Architect of our RaaS offering, Vivek Sharma has engineered a platform that doesn't just meet global standards—it sets them. This unique blend of expertise ensures our modular software framework is not only powerful and flexible but also fully secure and compliant from the ground up, giving our clients the confidence to grow internationally without the regulatory headache. #Leadership #Compliance #RaaS #Fintech #CoFounder #Remittance #MoneyTransfer
-
𝗧𝗵𝗲 𝗨.𝗦. 𝗥𝗲𝗺𝗶𝘁𝘁𝗮𝗻𝗰𝗲 𝗧𝗮𝘅 𝟮𝟬𝟮𝟲 Starting Jan 1, 2026, U.S. taxpayers sending cash-based transfers abroad will face a 1% federal remittance tax. Key points for expats, students, and cross-border families: ✅ Cash transfers are taxed; digital/electronic transfers are generally exempt ✅ Keep detailed records for compliance and potential tax credits ✅ Strategic planning can reduce costs and ensure smooth international transfers Understanding the tax, its impact, and compliance strategies is crucial in today’s global financial landscape. Read the full guide 👉 https://lnkd.in/gyH9W747 #RemittanceTax #Expats #CrossBorderFinance #DigitalPayments #Fintech #AML #TaxCompliance #MoneyTransfer #Compliance #USA
-
-
Tired of "𝘄𝗵𝗶𝘁𝗲-𝗹𝗮𝗯𝗲𝗹" 𝗺𝗼𝗻𝗲𝘆 𝘁𝗿𝗮𝗻𝘀𝗳𝗲𝗿 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 that are just a logo swap? 😩 The old way limits your growth and keeps you locked into high partner fees. RemitSo changes the game. We offer a modular software framework that gives you: ✅ 𝗙𝘂𝗹𝗹 𝗖𝗼𝗻𝘁𝗿𝗼𝗹: Retain your brand and customize your features. ✅ 𝗖𝗼𝘀𝘁 𝗦𝗮𝘃𝗶𝗻𝗴𝘀: Eliminate up to 50% in partner fees. ✅ A 𝗦𝘂𝗽𝗲𝗿 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺: Easily add new services and grow beyond just remittances. Stop outsourcing and 𝘀𝘁𝗮𝗿𝘁 𝗼𝘄𝗻𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝗺𝗼𝗻𝗲𝘆 𝘁𝗿𝗮𝗻𝘀𝗳𝗲𝗿 future. We provide the technology, compliance, and network access—all simplified. ➡️ See the power of RemitSo: https://lnkd.in/gP9FXMFM #Fintech #Remittance #Payments #SaaS #MoneyTransfer #Banking #DigitalTransformation #Raas #MoneyTransfer
-
𝗙𝗶𝗻𝘁𝗲𝗰𝗵 𝘃𝘀. 𝗕𝗮𝗻𝗸𝘀: Who Wins the 𝗥𝗲𝗺𝗶𝘁𝘁𝗮𝗻𝗰𝗲 𝗥𝗮𝗰𝗲 in 2025? The global remittance market is evolving fast. Traditional banks are losing ground as fintechs deliver faster, cheaper, and more accessible money transfers. From AI-powered exchange rate predictions to blockchain-backed transparency, fintechs are setting a new standard for speed, affordability, and financial inclusion. 🌍 The future of cross-border payments is digital—and it’s already here. Read more: https://lnkd.in/gUNF_FkG #Fintech #Remittance #DigitalPayments #FinancialInclusion #CrossBorderTransfers #Innovation #GlobalEconomy #MoneyTransfer #Banks
-
𝗞𝗬𝗖 𝗩𝗲𝗿𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻: 𝗧𝗵𝗲 𝗨𝗹𝘁𝗶𝗺𝗮𝘁𝗲 𝗚𝘂𝗶𝗱𝗲 𝗳𝗼𝗿 𝗠𝗧𝗢𝘀 & 𝗙𝗶𝗻𝘁𝗲𝗰𝗵𝘀 𝗶𝗻 𝟮𝟬𝟮𝟱 Keeping up with 𝗞𝗻𝗼𝘄 𝗬𝗼𝘂𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 (𝗞𝗬𝗖) 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 has never been more critical. From 𝗴𝗹𝗼𝗯𝗮𝗹 𝗔𝗠𝗟 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝘁𝗼 𝗼𝗻𝗯𝗼𝗮𝗿𝗱𝗶𝗻𝗴 high-risk clients safely, MTOs and fintechs need robust, automated, and AI-driven verification solutions. 📌 Key takeaways from our latest guide: 𝗠𝗼𝗱𝗲𝗿𝗻 𝗞𝗬𝗖 𝗺𝗲𝘁𝗵𝗼𝗱𝘀: eKYC, video KYC, biometric verification, and document-free verification 𝗢𝗻𝗴𝗼𝗶𝗻𝗴 𝗺𝗼𝗻𝗶𝘁𝗼𝗿𝗶𝗻𝗴: Continuous checks for PEPs, sanctions, and suspicious activity 𝗚𝗹𝗼𝗯𝗮𝗹 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀: How UK, EU, APAC, UAE, and other regions shape KYC requirements 𝗞𝗬𝗕 𝘃𝗲𝗿𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Ensuring your business partners are legitimate and compliant 📖 Read the full guide here: https://lnkd.in/gWXWpsGE #KYC #AML #Fintech #MTO #DigitalBanking #Compliance #FraudPrevention #CustomerOnboarding #FinancialServices #Remittance
-
-
𝗠𝗼𝗻𝗲𝘆 𝗧𝗿𝗮𝗻𝘀𝗳𝗲𝗿 𝗢𝗽𝗲𝗿𝗮𝘁𝗼𝗿𝘀—take back control! 𝗧𝗶𝗿𝗲𝗱 𝗼𝗳 𝘀𝗽𝗲𝗻𝗱𝗶𝗻𝗴 your day chasing payments, fixing systems, and juggling compliance? It’s not your business—it’s your 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗵𝗼𝗹𝗱𝗶𝗻𝗴 𝘆𝗼𝘂 𝗯𝗮𝗰𝗸. With RemitSo , you can: ✅ 𝗦𝘄𝗶𝘁𝗰𝗵 pay-in/pay-out partners instantly—no developer calls needed ✅ Have 𝗯𝗮𝗰𝗸𝘂𝗽 𝗞𝗬𝗖 𝗽𝗿𝗼𝘃𝗶𝗱𝗲𝗿𝘀 ready to keep onboarding smoothly ✅ Stay 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝘁, in control, and always ready to grow Stop building complex systems yourself. Run your business your way. 🔗 𝗕𝗼𝗼𝗸 𝗮 𝗱𝗲𝗺𝗼 and see it in action: https://lnkd.in/gP9FXMFM #MoneyTransfer #Fintech #DigitalPayments #Compliance #KYC #PaymentSolutions #BusinessGrowth #Remittance
-
#Your customer's first experience sets the tone. In the competitive remittance market, friction in the onboarding process is a deal-breaker. At RemitSo , We specialize in designing a Seamless Customer Journey for MTOs, transforming the path from Signup to KYC to Send Money into a smooth, rapid experience. A better journey means: • Higher Conversion Rates from sign-up. • Faster Compliance with intelligent KYC. • Increased Customer Loyalty. Ready to elevate your remittance service? Partner with RemitSo for user journey design that drives growth. Book Demo: https://www.remitso.com/ #RemitSo #Fintech #Remittance #MTO #MoneyTransfer #KYC #Onboarding #SaaS #UserExperience #B2BFintech #AML #Money
-
-
Every business owner knows the grind. For Kevin, it meant saying no to his daughter's Christmas wish, trapped by his money transfer shop. He yearned for a solution that would give him back his time, and his family. Enter RemitSo! We gave him his own white-label mobile app, empowering him to manage everything remotely. Now, Kevin's business thrives with several thousand transactions monthly, and he never misses a moment with his daughter. This is more than business; it's about life. Discover your freedom with RemitSo! 🚀 #RemitSoStory #FatherDaughter #BusinessSolution #TimeFreedom #EntrepreneurMindset #MoneyTransferApp #FinTechInnovation #LifeGoals #RemotelyManaged #MakeTimeForWhatMatters