Golden Money Transfer

What Golden Money Transfer does

Golden Money Transfer, Inc. (dba Inyo, NMLS 916876) is a privately held, licensed cross-border money transmission firm headquartered in San Diego, California. The company operates a proprietary platform that combines a compliance and anti-fraud/KYC engine, a real-time currency conversion API, and a global licensed disbursement network. GMT serves two customer segments: (1) B2B agents and financial businesses that integrate to the platform via APIs for cross-border money transmission, and (2) consumer individuals who send remittances directly through the Inyo B2C brand, with GMT Send and InyoPay as additional consumer-facing sub-brands.

The company's revenue model is transaction-based, monetizing cross-border money transmission fees on remittances and currency conversion. GMT is licensed as a money transmitter in the United States, Canada, and Mexico, and the platform supports local payment methods including debit cards, ACH, wire transfers, checks, and cash. Operating under a stated 25+ years of money transmission experience, the company positions regulatory compliance and a vetted global payer network as its primary differentiators.

The go-to-market is hybrid and API-first on the B2B side, paired with self-serve consumer onboarding through the Inyo brand. The company maintains a lean digital presence (website and sub-brand properties) with no disclosed funding rounds, acquisitions, partnerships, or senior leadership team in the available data, leaving material gaps around scale, ownership, and growth momentum.

Name

Golden Money Transfer

Legal name

Golden Money Transfer, Inc.

Website

https://gmtnorthamerica.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

Golden Money Transfer is a San Diego-based, licensed cross-border money transmitter operating across the US, Canada, and Mexico. It provides API-based B2B money transmission infrastructure to agents and offers consumer remittance services through its Inyo brand.

Ownership category

akta.pro rank

Product category

Cross-Border Money Transfer Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Remittance & Cross-Border Payment Rails (SWIFT, Local Clearing, RTP Connectivity) (FSAGAKAH)

akta.pro secondary industries

International Wire Transfer Processing (SWIFT/Correspondent Banking) (FSAMAHAB), Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC), Payments Operations (ACH/Wire/RTGS, SWIFT, SEPA, Checks) (FSABALAB)

Keywords

• Cross-border remittances
• Money transfer services
• Payment infrastructure
• Currency conversion API
• Compliance platform

Headquarters

HQ city

San Diego

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Money Transmission Services: Revenue generated from cross-border money transmission services, including remittances and currency conversion. Agents access real-time currency conversion through the platform, suggesting transaction-based pricing.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Golden Money Transfer operates a licensed cross-border money transmission platform that enables agents and financial businesses to send and receive funds internationally through a global licensed disbursement network accessed via simplified APIs. The platform combines a compliance and anti-fraud system with real-time currency conversion, and is also offered directly to consumers through its Inyo, InyoPay, and GMT Send brands. The company is licensed as a money transmitter in the United States, Canada, and Mexico (NMLS 916876).

Product overview

Golden Money Transfer offers a unified money transmission platform comprised of three core service pillars—Remittances, Compliance, and a Global Disbursement Network—all accessible through simplified APIs. The platform is supported by three consumer-facing sub-brands: Inyo (B2C online remittance service), GMT Send (consumer brand with compliance resources), and InyoPay (payment brand). The Compliance Platform provides KYC and anti-fraud capabilities, while the Global Network enables licensed cross-border fund transfers across the U.S., Canada, and Mexico.

Differentiator

Problem solved

Functional benefit

Brands

• Inyo: B2C brand for consumer remittances, allowing customers to send money online.

Products and services

• Remittances Cross-border money remittance service that allows customers and agents to send funds internationally through GMT's global licensed disbursement network, with compliance and anti-fraud safeguards integrated into the transmission flow. Designed for licensed agents and financial businesses that access the service via API, and for consumers via the Inyo brand.
• Compliance Platform Proprietary platform providing Know-Your-Customer and anti-fraud capabilities designed to ensure adherence with local and international regulations for compliant money transmission. The platform is regularly audited and is used to support GMT's own licensed operations and its agent partners' compliance posture.
• Global Disbursement Network Licensed global network accessible via simplified APIs that enables cross-border money transmission with integrated anti-fraud and compliance solutions. Provides agents and partners with broad geographic coverage for international disbursements and collections across the U.S., Canada, and Mexico.
• Inyo (B2C Consumer Remittance Brand) Consumer-facing brand (also marketed as InyoPay) that allows individual customers to send money online internationally. Inyo serves as the direct-to-consumer front-end of GMT's licensed money transmission capability, providing fast and secure online remittances for personal use.
• GMT Send (Consumer Money Transfer Brand) Consumer-facing brand providing online money transfer services with access to state licenses, compliance resources, privacy statements, and terms of use. Supports individual consumers sending personal remittances through GMT's licensed infrastructure.

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• MoneyGram: MoneyGram is a global cross-border money transfer and payments company, directly comparable to GMT in core remittance functionality, B2B agent network model, and multi-currency capabilities. MoneyGram serves a similar US-Mexico corridor focus among its broader global operations.
• Remitly: Remitly is a digital-first remittance company competing head-to-head with GMT in cross-border money transfers, particularly US-Mexico. Both serve immigrant senders via consumer apps and compete on speed, price transparency, and digital UX.
• Wise: Wise is a cross-border money movement platform offering multi-currency accounts and international transfers with transparent FX. While Wise focuses more broadly on bank-to-bank transfers, it directly competes with GMT in the US-Mexico corridor for consumers and SMBs.
• Sigue Corporation: Sigue is a licensed money transmitter focused on US-Mexico remittances, providing one of the most direct peer comparisons to GMT given the shared corridor and licensed transmitter business model. Both target similar Hispanic consumer segments through agent and digital channels.
• WorldRemit: WorldRemit is a digital remittance platform serving migrants sending money home from developed markets. It directly overlaps with GMT's B2C remittance offering, including the US-Mexico corridor, and similarly emphasizes digital-first transfers versus cash-based legacy players.
• Intermex Wire Transfer: Intermex is a publicly-traded remittance company focused on the US-to-Latin America and US-to-Mexico corridors, directly overlapping GMT's core geographic and product focus. Intermex serves a similar sender base (Hispanic consumers) with comparable licensed transmitter infrastructure.

Broad incumbents

• Western Union: Western Union is the largest incumbent in cross-border money transfer with global agent networks, comparable to GMT's licensed transmitter model. While far larger and more diversified geographically, both compete directly in the US-Mexico consumer remittance corridor where GMT is licensed.
• Xoom (PayPal): Xoom is PayPal's international money transfer service, offering cross-border remittances that directly compete with GMT in the US-Mexico and US-Canada corridors. As part of PayPal, it benefits from significantly larger brand recognition, funding, and compliance infrastructure.

Emerging players

• DolarApp: DolarApp is a multi-currency digital wallet and cross-border payments platform serving US-Mexico and broader Latin America corridors. It is an emerging fintech competitor to GMT in cross-border money movement, particularly targeting Hispanic consumers and SMBs with USD-denominated accounts.
• Felix Pay: Felix Pay is an emerging digital remittance platform targeting the US-Mexico corridor with a mobile-first consumer experience. It overlaps with GMT's Inyo B2C brand and represents a newer, venture-backed entrant competing on digital UX and pricing in the same corridor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/goldenmoneytransfer

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Golden Money Transfer