Remitee is an innovative startup that positions itself as the Operating System for cross-border instant payments with the slogan "Value transfer." Founded in 2017 and headquartered in Argentina, Remitee is making waves in the Financial Services, Fintech, and Payments industries. The company has received a significant endorsement from Redwood Ventures, who made a Secondary Market investment at 27 October 2023.
Remitee's platform caters to the real needs of migrant families, offering them choice and control over their finances by enabling direct payments for essential services in the receiving country. The company is trusted by category leaders in banking, e-wallets, and payments industries, leveraging a secure, scalable, and compliant infrastructure. The team, with extensive experience from companies like Western Union, is dedicated to driving innovation in the remittance industry. The startup was incubated at MIT and received pre-seed funds from the MIT Sandbox Innovation Funds Program.
Remitee's mission to connect lives across borders and build a more inclusive financial future displays a strong commitment to delivering transformative solutions that address actual needs of migrant families worldwide. With its promising outlook and support from Redwood Ventures, Remitee is well-positioned to reshape the landscape of cross-border payments and make a positive impact on millions of lives.
