Overview

Remitsy is a fintech startup serving businesses who send money to China. Current products include standard business payments, Freelancer Payments, Mass Payouts API and some more dedicated services for Chinese users. We enable businesses to send and receive payments in local currency via a simple, frictionless and inexpensive manner by using distributed database technology [blockchain] as a new settlement rail. This method provides an almost-instant currency swap, matching funds sent with local providers of liquidity. By effectively netting payments Remitsy is able to offer its services at a significant discount to the bank rate. Our current focus is on business payments to China - helping companies all around the world with sending money to China.