What QuiqSend does

QuiqSend is an Australian-registered international money transfer fintech operated by Techwest Pty Ltd, headquartered in Maddington, Western Australia. The company delivers a mobile-first, online-only remittance platform accessible via iOS and Android apps and a web interface, enabling users to send funds abroad 24/7 without visiting physical branches. Core products include Cash Pick-Up, Mobile Money Account deposits, Bank Account Deposits, and Mobile Recharge/Airtime Top-up, supported by bank-level encryption and AML/CTF compliance infrastructure. Target users are migrant workers, diaspora communities, and unbanked populations primarily in South Asia, Southeast Asia, and Australia, with value propositions centered on eliminating branch visits, reducing fees, and reaching recipients outside traditional banking systems.

The business model is a digital self-serve PLG motion: users register with email or phone, add receivers, and initiate transfers entirely through the app or web. Although the company advertises $0 explicit transfer fees, monetization occurs through foreign exchange spread margins on currency conversion — a standard remittance revenue mechanic. Operational compliance is delivered through partnerships with ComplyAdvantage (AML/CTF screening), FlagRight (AI transaction monitoring), Persona and Verify (KYC and identity verification), while funding rails include PayPal, PayID, and bank transfer. QuiqSend is regulated by AUSTRAC (registration IND100420887-001) and ASIC (ACN 600 038 300), giving it the Australian regulatory standing necessary to operate cross-border money transfer services, though no revenue, headcount, funding, or transaction volume data is publicly disclosed.

Name

QuiqSend

Legal name

Techwest Pty Ltd

Website

https://quiqsend.com.au

Company type

Private

Operating status

Operating

Short description

QuiqSend is an Australian-regulated digital remittance platform that enables migrant workers, diaspora communities, and unbanked users to send money internationally via mobile app and web, offering cash pickup, mobile wallet, bank deposit, and airtime top-up delivery across South Asia, Southeast Asia, and Australia.

Ownership category

akta.pro rank

Product category

Digital Remittances

NAICS

Finance and Insurance (52)

akta.pro primary industry

Multi-Currency Accounts, Wallets & FX Management (Consumer/SME) (FSAGAKAF)

akta.pro secondary industry

Cross-Border & FX Payments Platforms (BPAMAFAK)

Keywords

• International money transfers
• Digital remittance services
• Cross-border payments
• Mobile money transfers
• Migrant worker remittances

Headquarters

HQ city

Welshpool

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Money Transfer Services: QuiqSend generates revenue through foreign exchange margins on currency conversions. While the company advertises $0 fees for transfers, they earn revenue through the spread between the exchange rate they offer customers and the rate they can obtain in wholesale markets. This is a common revenue model for digital remittance services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels1 record

Core offering

QuiqSend is a mobile-first international money transfer platform operated by Techwest Pty Ltd, an Australian fintech. Users register via the iOS/Android app or web, add receivers, and send money across borders using one of four delivery methods: bank account deposit, cash pickup, mobile wallet deposit, or instant mobile airtime/data top-up. The platform advertises $0 transaction fees, generates revenue through foreign exchange spreads, and operates 24/7 without any physical branches.

Product overview

QuiqSend is a mobile-first international money transfer platform operated by Techwest Pty Ltd, an Australian fintech company. The core offering consists of a unified mobile application (available on iOS and Android) that provides multiple money transfer methods including Cash Pick-Up, Mobile Money Account deposits, and Bank Account Deposits, plus Mobile Recharge/Airtime Top-up services. All services are accessible 24/7 through the mobile app or web platform, with no physical branch visits required. The platform is regulated by AUSTRAC and ASIC, emphasizing low fees, competitive exchange rates, and bank-level security.

Differentiator

Problem solved

Functional benefit

Products and services

• QuiqSend Mobile App

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• ComplyAdvantagecoreTechnology or IntegrationCompliance and anti-money laundering technology partner providing AML/CTF screening and transaction monitoring capabilities to meet regulatory requirements.
• FlagRightcoreTechnology or IntegrationAI-powered transaction monitoring and fraud detection partner helping ensure secure and compliant money transfers.
• PersonacoreTechnology or IntegrationIdentity verification and KYC (Know Your Customer) partner enabling secure user onboarding and identity validation.
• VerifycoreTechnology or IntegrationIdentity verification services partner supporting customer identity validation and fraud prevention.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance2 records

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 QuiqSend