MOIN

What MOIN does

MOIN is a South Korean cross-border payments company founded in 2016 and headquartered in Gangnam-gu, Seoul. It operates a licensed cross-border payment network under approvals from the Financial Services Commission and Ministry of Economy and Finance for e-finance business, cross-border remittance operations, and foreign exchange operations. The company serves two primary customer segments: individual consumers sending personal remittances from South Korea to 180+ countries, and Korean businesses including e-commerce platforms, securities firms, importers, and universities making cross-border payouts, with dedicated sub-brands at themoin.com and moinbizplus.com.

The platform is built on real-time cross-border payment infrastructure, including blockchain and stablecoin-based settlement models developed in partnership with Nium. Core technical components include a real-time processing engine (average 1-day delivery versus 2-3+ days at banks), an advanced AML system with anomaly detection and suspicious transaction reporting (recognized by FIU as the most advanced in Korean fintech), and a B2B API that embeds remittance directly into partner applications such as Mirae Asset Securities, the largest securities trading company in South Korea. The product surface covers outbound global payout from South Korea, inbound KRW payout from 45+ countries, and bulk payout workflows for corporate treasury operations.

MOIN generates revenue primarily through transaction fees and foreign exchange spreads on cross-border transfers, with a stated pricing position of 90% lower commission fees than traditional banks and no intermediary bank fees. Distribution is API-first and digital: self-serve web and mobile channels for consumers, embedded B2B API integrations for enterprise partners, and direct enterprise sales for larger corporates. The company reports serving 10,000+ businesses, 6,919+ corporate customers, and 2,560+ universities across 124+ serviced corridors, supported by ecosystem backing from the Bank Federation of Korea, KB Bank, Shinhan Bank, Hyundai Card FinBeta, Samsung C-Lab, and Google for Startups.

Name

MOIN

Legal name

MOIN, Inc.

Website

https://eng.themoin.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

MOIN is a Seoul-based, FSC-licensed cross-border payment network providing real-time remittance from South Korea to 180+ countries and inbound KRW payouts to Korean businesses, individuals, and universities via API-embedded and self-serve channels.

Ownership category

akta.pro rank

Product category

Cross-Border Payments

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

akta.pro primary industry

SME & Business Cross-Border Payments (FSAGAKAB)

akta.pro secondary industries

Consumer Remittances (P2P) (FSAMAIAA), Cross-Border & FX Payments Platforms (BPAMAFAK), Consumer P2P International Remittances (FSAGAKAA), Crypto-Enabled Cross-Border Transfers & On/Off-Ramps (FSAGAKAO)

Keywords

• Cross-border payments
• International remittance
• B2B payment API
• Foreign exchange services
• Stablecoin settlement

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Cross-Border Remittance Services: MOIN charges significantly lower fees than traditional banks for international money transfers, claiming 90% lower commission fees. Revenue is generated through transaction fees and foreign exchange spreads on cross-border transfers. The service is accessible via web and mobile app for both personal and business customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

MOIN operates a cross-border payment network that enables real-time international money transfers between South Korea and 180+ countries, charging approximately 90% lower commission fees than traditional banks. It serves individuals through a Personal Remittance product and businesses through Business Payments and a B2B API that is embedded into partner applications, including the largest securities trading company in South Korea. The company is licensed by the Financial Services Commission and Ministry of Economy and Finance for e-finance, cross-border remittance, and foreign exchange operations.

Product overview

MOIN is a South Korean fintech company offering a unified cross-border payment platform with two main products: Personal Remittance for individuals and Business Payments for companies. The platform provides global payout services from South Korea to 180+ countries and KRW payout to South Korea from 45+ countries. B2B Financial Service Integration allows partners to embed MOIN's API into their applications. Key differentiators include 90% lower fees than banks, real-time processing, and average 1-day delivery. MOIN is licensed by the Financial Services Commission and Ministry of Economy and Finance in South Korea for cross-border money transfer, foreign exchange, and e-finance operations.

Differentiator

Problem solved

Functional benefit

Brands

• Personal (themoin.com): Fast and cheap international money transfer service for individuals.
• Business (moinbizplus.com)

Products and services

• Personal Remittance

Quantifiable outcome

• 90% lower commission fees compared to traditional banks
• +3 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature5 records

Partnerships

One partnership is on record.

• NiumcoreTechnology or Integration · 27 November 2025MOIN expanded its strategic partnership with Nium at Korea Fintech Week 2025 to enhance global remittance and settlement services for Korean consumers and businesses. The collaboration includes integration of blockchain and stablecoin-based models for faster, cheaper, and more transparent international money transfers. The partnership aims to increase transaction volumes, broaden geographic coverage, and develop innovative cross-border payment technologies including stablecoin-based models. Nium is a global real-time payments infrastructure provider.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Wise (TransferWise): Global consumer and business cross-border payments platform offering multi-currency accounts and low-cost international transfers. Direct peer to MOIN on the cross-border remittance value proposition (low fees, faster settlement than banks) and on the B2B cross-border payments use case.
• Remitly: Digital remittance company focused on immigrant and consumer cross-border transfers from developed markets. Direct competitor to MOIN's Personal Remittance product, with overlapping corridors and a similar fee-led, mobile-first GTM.
• Toss (Viva Republica): Korean super-app and fintech leader offering payments, banking, and investment products domestically. Relevant peer because of shared Korean consumer fintech user base and overlap with MOIN's potential to bundle cross-border payments within a domestic wallet experience.
• Airwallex: Cross-border payments and multi-currency platform for SMEs and global businesses. Direct peer to MOIN's Business Payments product, with similar B2B API embedding and FX-led pricing model.
• Payoneer: Cross-border payments and working capital provider for SMBs, marketplaces, and freelancers. Comparable to MOIN's B2B offering for international payouts, marketplace seller settlement, and FX-conversion economics.
• Nium: Global real-time payments infrastructure platform offering cross-border payouts and remittance-as-a-service. Both a strategic partner to MOIN (per 2025 Korea Fintech Week) and a direct competitor for embedded cross-border API use cases in APAC.
• Sentbe: Korean cross-border remittance fintech serving migrant workers and individual senders from Korea. Closest direct Korean-headquartered peer to MOIN's Personal Remittance product with overlapping outbound corridors.

Broad incumbents

• Western Union: Global incumbent in cross-border money transfer and FX with the largest agent network worldwide. Competes with MOIN on Korean outbound corridors and serves similar consumer remittance needs, though with a fundamentally different agent-based model and higher fees.
• MoneyGram: Established global remittance and payments network, increasingly digital. Overlaps with MOIN on consumer cross-border transfers and provides a benchmark for incumbent pricing and corridor economics that MOIN is disrupting.
• Kakao Pay: Major Korean digital payments platform from the Kakao ecosystem, with growing cross-border and remittance ambitions. Comparable to MOIN on the Korean consumer payment flow and increasingly on cross-border transfers for Kakao users.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/moincompany
• LinkedInlinkedin.com/company/moin-inc.

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds6 records

Investors17 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MOIN