CompareRemit
CompareRemit is a free comparison platform that aggregates real-time exchange rates, fees, and transfer speeds from 18 remittance providers across 22 currency corridors, helping individual users in the US, UK, Canada, and Australia find optimal rates for international money transfers.
- Company typePrivate
- Founded2013
- HeadquartersSanta Clara, United States
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What CompareRemit does
CompareRemit, operated by FrontAd Media Inc., is a free web- and mobile-based comparison platform for international money transfers, founded in 2013 and headquartered in Santa Clara, California. The platform aggregates real-time exchange rates, transfer fees, and transfer times from 18 remittance service providers across 22 currency corridors, covering send markets in the United States, United Kingdom, Canada, and Australia, and receive markets including India, Philippines, Mexico, Sri Lanka, Pakistan, Bangladesh, and Nepal. Core products include the CompareRemit Online Platform, native iOS and Android applications with personalized corridor selection and target-rate alerts, a Coupons & Promotions module offering exclusive partner promo codes, a Business Money Transfer Services vertical featuring spot transfers and forwards, and an editorial layer of provider reviews, transfer guides, FAQs, and news content used to drive organic search traffic.
The platform does not charge end users; instead, it monetizes through affiliate referral commissions and lead generation — when a user clicks through to a partner provider and completes a transfer, CompareRemit earns a referral fee. Distribution is product-led growth: users self-serve via the website or mobile apps, register for free to manage transactions and receive exchange-rate alerts, and are transitioned seamlessly into partner applications to complete transfers. Marketing channels are dominated by SEO, a content library, and email newsletters, supplemented by Spanish-language localization. The company has no publicly disclosed funding, an employee count of 11–50, and no senior leadership beyond founder/CEO Rajeev Srivastava. Customer composition is a long tail of individual remittance senders (with named testimonials from individual users) and a smaller, less-developed business segment; there are no enterprise anchor contracts and no AI/ML-driven product capabilities disclosed.
CompareRemit firmographics
Firmographics- Name
- CompareRemit
- Legal name
- FrontAd Media Inc.
- Website
- https://compareremit.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CompareRemit is a free comparison platform that aggregates real-time exchange rates, fees, and transfer speeds from 18 remittance providers across 22 currency corridors, helping individual users in the US, UK, Canada, and Australia find optimal rates for international money transfers.
- Ownership category
- akta.pro rank
CompareRemit industry classification
Industry- Product category
- Remittance Comparison Platform
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Lead Generation, Comparison & Marketplace Platforms (Financial Products) (FSAEAMAM)
- akta.pro secondary industries
- Comparison Shopping & Price Discovery Portals (BPAMAAAJ), Price Comparison, Deals, Cashback & Loyalty Shopping Platforms (BPAMAGAH)
Keywords
Where CompareRemit is headquartered
LocationHeadquarters
- HQ city
- Santa Clara
- HQ country
- United States
- HQ region
- North America
Markets served
CompareRemit business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Marketing or Sales, Personnel, Operations
Revenue model
- Partner Referrals and Lead Generation: CompareRemit earns revenue by referring users to remittance service providers. When users click through to partner platforms and complete transfers, CompareRemit receives compensation from those partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free for all users |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
CompareRemit product offering
Product offeringCore offering
CompareRemit operates a free web and mobile comparison platform that aggregates real-time exchange rates, transfer fees, and delivery speeds from 18+ remittance providers across 22 currency corridors. Users compare providers side-by-side, set target-rate alerts, access promotional codes, and are referred to partner apps to complete transfers. Revenue is generated via affiliate referrals and advertising rather than user fees.
Product overview
CompareRemit is a unified money transfer comparison platform consisting of a web-based comparison tool and a mobile application. The core CompareRemit Online Platform aggregates real-time exchange rates, transfer fees, and speeds from 18+ remittance providers across 22 currency corridors. This is complemented by the CompareRemit Mobile App for personalized alerts and on-the-go comparisons. Additional modules include the Money Transfer Coupons & Promotions section for exclusive deals, Business Money Transfer Services for enterprise clients, and Remittance Company Reviews & Guides for educational content. Supported remittance corridors include India, Philippines, Mexico, Sri Lanka, Pakistan, Bangladesh, Nepal from source countries USA, UK, Canada, and Australia.
Differentiator
Problem solved
Functional benefit
Products and services
- CompareRemit Online Platform A web-based money transfer comparison platform that lets users compare real-time exchange rates, transfer fees, and delivery times across 18+ remittance providers and 22 currency corridors, then click through to a partner site to complete the transfer.
- CompareRemit Mobile App (iOS and Android) Companion mobile applications for iOS and Android that provide personalized remittance comparison with preferred corridor selection, real-time comparisons of top providers, and target exchange rate notifications, plus seamless deep-linking to partner apps to complete transfers.
- Money Transfer Coupons & Promotions A promotional offer section that aggregates exclusive coupon codes and special deals from partner remittance providers (such as exclusive first-time user rates and codes for Unplex, Xpat, and SBI California) to help users save on transfers.
- Business Money Transfer Services A specialized section for businesses offering international payments, foreign exchange, and large-amount transfers, comparing providers that support spot transfers, forwards, and market orders for supplier payments, employee payouts, and FX hedging.
Quantifiable outcome
- Users can potentially save up to 5% on international money transfers by comparing providers instead of using a single service
Companies that use CompareRemit
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
CompareRemit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
CompareRemit partnerships and signals
Strategic signalPartnerships
20 partnerships are on record, tiered core and minor.
- UnplexcoreUnplex offers zero-fee money transfers at live Google exchange rates via WhatsApp or mobile app. Backed by Visa and Silicon Valley VCs. Users can send up to $50,000 with 24/7 support. CompareRemit features Unplex as a top provider on its platform with exclusive first-time user rates.
- ICICI Bank Money2IndiacoreICICI Bank's Money2India service enables users to send money to India accounts. CompareRemit features this service as one of the remittance providers available for comparison on its platform.
- Xpat (formerly Remit2Any)coreXpat is a trusted platform for NRIs offering ultra-seamless experience with ZERO fees, lightning-fast transfers, high transfer limits, and 24/7 support. CompareRemit features exclusive promotional codes like CRSURPRISE26 for Xpat transfers.
- RemitlycoreRemitly offers bank deposit, UPI, and over 100,000 cash pickup options in India. Features zero fees when sending over $1,000 with on-time delivery guarantee. Transfer time: 0-4 hours. CompareRemit features Remitly with 548 user reviews.
- State Bank of India California (SBI California)coreSBI California offers promotional rate of ₹95.03 for new customers with 50 paisa better rate on first transfer up to $3,000 and no transfer fees using promo code WELCOME50. Transfer time: 0-4 hours during India banking hours.
- WisecoreWise offers international money transfers with transfer time of 3-5 days, fees of 0.892%, and transfer limits of $100-$1 million. Supports wire, SWIFT, ACH Push & ACH bank direct transfers.
- AboundminorFeatured on CompareRemit with 2003 user reviews. Part of the network of 18 remittance providers available for comparison.
- Taptap SendminorMobile money transfer service for sending to Ghana, Guinea, Bangladesh, Zambia, Sri Lanka, Pakistan, Nepal, Philippines, Nigeria, Ethiopia, India, Turkey, Brazil, and more.
- InstaremminorOffers online transfer, ACH transfer, and wire transfer with transfer time of 2 days and fees of 0.50%. Featured for business money transfers.
- Pangea Money TransferminorFeatured on CompareRemit with 128 user reviews as one of the money transfer providers for comparison.
- Placid ExpressminorFeatured on CompareRemit with 599 user reviews as a money transfer provider option.
- WorldRemitminorGlobal money transfer service featured on CompareRemit with 249 user reviews.
- State Bank of India (UK) LimitedminorSBI UK offers money transfer services from UK to India, featured on CompareRemit with 3 user reviews.
- OnJunominorFeatured on CompareRemit with 5 user reviews as a money transfer provider.
- CurrencyFairminorFeatured on CompareRemit with 5 user reviews as a money transfer provider option.
- Sigue CorporationminorMoney transfer service with physical branch locations and online transfers. CompareRemit features detailed review of Sigue including transfer to over 60 countries.
- RIA Money TransferminorFeatured on CompareRemit with 662 user reviews as a money transfer provider option.
- MoneyGramminorGlobal money transfer service featured on CompareRemit with 67 user reviews.
- XE Money TransferminorXE offers spot transfers, forwards, and market orders with no fees, no transfer limits, and transfer time of 0-2 days. Featured for business money transfers on CompareRemit.
- FrontAd Media Inc.minorCopyright holder of CompareRemit website (Copyrights © 2026 FrontAd Media Inc.). FrontAd Media handles advertising on the CompareRemit platform.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
CompareRemit competitors and assessment
Company assessmentBroad incumbents
- WorldRemit: WorldRemit is an international digital remittance platform featured on CompareRemit, serving overlapping corridors to Africa, Asia, and Latin America via direct app-based service.
- MoneyGram: MoneyGram is a global incumbent money transfer brand that partners with CompareRemit for comparison listings and competes directly via its own app and branch-based remittance service.
- Remitly: Remitly is a major cross-border remittance app (also a CompareRemit partner) that operates its own direct-acquisition funnel and comparison-style marketing, making it both a partner and a structural competitor.
- Wise: Wise is a leading international money transfer provider and an existing CompareRemit partner. As a broad incumbent, it dwarfs CompareRemit and increasingly competes by promoting its own brand directly to comparison-intent users.
- Western Union: Western Union is the largest global remittance incumbent with extensive cash-pickup coverage; it competes with CompareRemit's listed providers and increasingly invests in direct digital comparison and acquisition.
- XE Money Transfer: XE offers consumer and business international money transfer (featured for business transfers on CompareRemit) and operates an FX reference and comparison experience that overlaps CompareRemit's value prop.
Direct peers
- Monito: Monito is a direct remittance comparison platform operating globally across multiple corridors, matching CompareRemit's core product (rates/fees/speed comparison with referral to providers) and serving the same international money transfer shopper.
- FXcompared: FXcompared is a money transfer comparison platform aggregating FX providers, highly comparable to CompareRemit's value proposition of comparing rates, fees, and transfer times across international remittance brands.
- Exiap: Exiap is an international money transfer comparison and review site helping users compare providers on price and speed, directly comparable to CompareRemit's comparison-led acquisition funnel.
- MoneyTransfer.com: MoneyTransfer.com is a comparison site aggregating remittance providers and exchange rates, providing a near-identical affiliate-referral business model to CompareRemit.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
CompareRemit social profiles
Digital presenceCompareRemit financial estimates
Financial estimateRevenue estimate
Valuation estimate
CompareRemit leadership team
Management profileNumber of profiles
Profiles1 record
CompareRemit funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CompareRemit 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 CompareRemit
What does CompareRemit do?
CompareRemit operates a free web and mobile comparison platform that aggregates real-time exchange rates, transfer fees, and delivery speeds from 18+ remittance providers across 22 currency corridors. Users compare providers side-by-side, set target-rate alerts, access promotional codes, and are referred to partner apps to complete transfers. Revenue is generated via affiliate referrals and advertising rather than user fees.
Is CompareRemit a public or private company?
CompareRemit is a private company. It is classified as corporate owned and is currently operating.
When was CompareRemit founded?
CompareRemit was founded in 2013. It employs 11 to 50 people.
Where is CompareRemit based?
CompareRemit is headquartered in Santa Clara, United States, in the North America region.
How does CompareRemit make money?
One revenue line is on record: partner Referrals and Lead Generation.
Who are CompareRemit's main competitors?
Broad incumbents on record are WorldRemit, MoneyGram, Remitly, Wise, Western Union and XE Money Transfer. Direct peers are Monito, FXcompared, Exiap and MoneyTransfer.com.
Does CompareRemit have an API?
No public API is recorded for CompareRemit.
What industry is CompareRemit in?
CompareRemit's product category is Remittance Comparison Platform. Its primary akta.pro industry code is FSAEAMAM, Lead Generation, Comparison & Marketplace Platforms (Financial Products), with a secondary code of BPAMAAAJ, Comparison Shopping & Price Discovery Portals. Its NAICS code is 518 and its SIC code is 7370.