BCRemit
BCRemit is a Filipino-led, BSP-licensed digital remittance company founded in 2015 that uses blockchain-based stablecoin transfers to send low-cost, near-instant cross-border payments to the Philippines from 23 countries for OFWs, SMEs, and BPOs.
- Company typePrivate
- Founded2015
- HeadquartersLondon, United Kingdom
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What BCRemit does
BCRemit is a Filipino-led digital remittance company founded in 2015 that operates a blockchain-based cross-border money transfer platform primarily serving Overseas Filipino Workers (OFWs) sending remittances to the Philippines. The platform supports transfers across 23 countries and uses stablecoin-powered blockchain rails to deliver near-real-time settlement at transaction fees reportedly reduced by approximately 80% versus traditional remittance methods. It is regulated by the Bangko Sentral ng Pilipinas (BSP), the Philippine central bank, via a payments/remittance license, and integrates with Coins.ph for licensed crypto-exchange distribution in the UK, EU, US, and Canada corridors and with RTGS.global for institutional-grade rails.
The company's product surface comprises a direct-to-consumer online remittance platform (bcremit.com) and a stablecoin-powered blockchain transfer capability delivered through the Coins.ph partnership. Headcount is reported at 1-10 employees, with the company headquartered in Manila, Philippines. Revenue is generated exclusively through transaction fees on each cross-border transfer processed.
BCRemit's go-to-market is hybrid: direct-to-consumer digital channels for retail OFW transfers, channel-partner distribution via Coins.ph for crypto-enabled corridors, and enterprise/B2B field sales via RTGS.global for institutional clients. The firm has explicitly stated intent to expand from its OFW retail base into SMEs, BPOs, and freelancers, and to evolve into an "all-in-one financial platform" for the Filipino diaspora and adjacent segments. Operational evidence of this expansion is partnership-driven rather than capitalized at scale — no meaningful institutional funding rounds are disclosed, which constrains the pace at which stated strategy can translate into executed footprint.
BCRemit firmographics
Firmographics- Name
- BCRemit
- Legal name
- BCRemit
- Website
- https://bcremit.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- BCRemit is a Filipino-led, BSP-licensed digital remittance company founded in 2015 that uses blockchain-based stablecoin transfers to send low-cost, near-instant cross-border payments to the Philippines from 23 countries for OFWs, SMEs, and BPOs.
- Ownership category
- akta.pro rank
BCRemit industry classification
Industry- Product category
- Cross-Border Remittance Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Crypto Remittance & Cross-Border Money Transfer Providers (FSADAIAD)
- akta.pro secondary industries
- Remittance & Cross-Border Payment Rails (SWIFT, Local Clearing, RTP Connectivity) (FSAGAKAH), Payments, Remittances & Merchant Acceptance (checkout, invoicing, payroll) (FSAPAEAE), Cross-Border B2B2C Payouts (Mass Payouts, Gig/Creator, Marketplace) (FSAGAKAC)
Keywords
Where BCRemit is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
BCRemit business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Operations, Infrastructure, Personnel, Marketing or Sales, Others
Revenue model
- Remittance Transaction Fees: BCRemit generates revenue through transaction fees charged on cross-border money transfers. The company leverages blockchain technology to reduce operational costs, enabling competitive pricing while maintaining margins on each transaction processed through the platform.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard remittance pricing with significant fee reduction |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels3 records
BCRemit product offering
Product offeringCore offering
BCRemit operates a digital remittance platform that enables fast, low-cost cross-border money transfers to the Philippines, primarily serving Overseas Filipino Workers (OFWs). The platform uses blockchain-based stablecoin technology to deliver near-instant settlements and approximately 80% fee reduction compared with traditional remittance channels, with coverage across 23 countries.
Product overview
BCRemit operates as a unified digital remittance platform serving Overseas Filipino Workers (OFWs) globally. The core offering consists of a blockchain-powered remittance platform that supports transfers to 23 countries with near-instant settlement. The platform integrates a stablecoin-powered blockchain transfer service (partnered with Coins.ph) that enables cost-effective, real-time cross-border transactions, bypassing traditional banking delays. The company is expanding from its traditional retail OFW focus to serve SMEs, BPOs, and freelancers, positioning toward becoming an all-in-one financial platform.
Differentiator
Problem solved
Functional benefit
Products and services
- BCRemit Digital Remittance Platform A digital remittance platform enabling fast, secure cross-border money transfers to the Philippines for Overseas Filipino Workers (OFWs), SMEs, BPOs, and freelancers, with near-instant settlement using blockchain technology.
- Stablecoin-Powered Blockchain Transfers Near real-time remittance service using stablecoins that bypasses traditional banking infrastructure to enable instant cross-border settlements with significantly reduced transaction fees, integrated with Coins.ph for delivery in the Philippines.
Quantifiable outcome
- Approximately 80% fee reduction on transfer costs compared to traditional remittance methods
- +2 more outcomes
Companies that use BCRemit
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles5 records
BCRemit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature3 records
BCRemit partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered flagship and core.
- RTGS.globalflagshipRTGS.global and BCRemit announced a strategic partnership on March 30, 2026 to enhance cross-border payment capabilities and expand access to remittance services worldwide. BCRemit is extending its platform to support banks, payment providers, and financial institutions beyond its traditional retail focus, leveraging RTGS.global's infrastructure for institutional-grade global remittance capabilities.
- Coins.phcoreCoins.ph, a Philippines-based licensed crypto exchange regulated by Bangko Sentral ng Pilipinas, partnered with BCRemit on November 1, 2025 to provide faster, more affordable remittances from overseas Filipinos using stablecoin-powered blockchain transfers. The partnership enables near real-time transactions bypassing traditional banking delays. Future plans include expanding to QR-Payment Collection for outbound remittances in 2026.
Scale indicators4 records
Recent moves7 records
Expansion highlights5 records
BCRemit competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
BCRemit social profiles
Digital presenceBCRemit compliance and trust
Trust signalCompliance1 record
BCRemit financial estimates
Financial estimateRevenue estimate
Valuation estimate
BCRemit leadership team
Management profileNumber of profiles
Profiles1 record
BCRemit funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BCRemit M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BCRemit
What does BCRemit do?
BCRemit operates a digital remittance platform that enables fast, low-cost cross-border money transfers to the Philippines, primarily serving Overseas Filipino Workers (OFWs). The platform uses blockchain-based stablecoin technology to deliver near-instant settlements and approximately 80% fee reduction compared with traditional remittance channels, with coverage across 23 countries.
Is BCRemit a public or private company?
BCRemit is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was BCRemit founded?
BCRemit was founded in 2015. It employs 1 to 10 people.
Where is BCRemit based?
BCRemit is headquartered in London, United Kingdom, in the Europe region.
How does BCRemit make money?
One revenue line is on record: remittance Transaction Fees.
Does BCRemit have an API?
No public API is recorded for BCRemit.
What industry is BCRemit in?
BCRemit's product category is Cross-Border Remittance Services. Its primary akta.pro industry code is FSADAIAD, Crypto Remittance & Cross-Border Money Transfer Providers, with a secondary code of FSAGAKAH, Remittance & Cross-Border Payment Rails (SWIFT, Local Clearing, RTP Connectivity). Its NAICS code is 522320 and its SIC code is 6199.