Roze Remit
- Company typePrivate
- Founded2013
- HeadquartersIlford, United Kingdom
- Headcount11–50
- GTM typeB2C
- OfferingServices
Roze Remit firmographics
Firmographics- Name
- Roze Remit
- Legal name
- Roze Int (Pvt) Ltd
- Website
- https://rozeremit.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Roze Remit industry classification
Industry- Product category
- International Money Remittance
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- akta.pro primary industry
- Consumer Remittances (P2P) (FSAMAIAA)
Keywords
Where Roze Remit is headquartered
LocationHeadquarters
- HQ city
- Ilford
- HQ country
- United Kingdom
- HQ region
- Europe
Offices4 records
Markets served
Roze Remit business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- International Money Transfers: Revenue generated from transfer fees and foreign exchange margins/spreads applied to currency conversions. Fees are displayed before transaction confirmation. Some corridors offer zero-fee transfers with revenue generated from FX spread only.
- US Listing Valuation: SoftBank announced plans for a US listing of its Roze AI data center and robotics startup at a $100 billion-plus valuation by 2026. Note: This refers to a separate SoftBank entity called 'Roze AI', not the Roze Remit remittance company.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | UK to Pakistan corridor - Variable rates with promotional tier |
| Transaction based/ take rate | Pay-as-you-go | UK to Bangladesh corridor - Mobile wallet rates |
| Transaction based/ take rate | Pay-as-you-go | UK to India corridor - Zero fee transfers |
| Transaction based/ take rate | Pay-as-you-go | UK to Ghana corridor - Zero fee bank transfers |
| Transaction based/ take rate | Pay-as-you-go | UK to Nigeria corridor - Bank transfer rates |
| Transaction based/ take rate | Pay-as-you-go | UK to Nepal corridor - Zero fee transfers with high promotional threshold |
| Transaction based/ take rate | Pay-as-you-go | UK to Uganda corridor - Zero fee with high promotional threshold |
| Transaction based/ take rate | Pay-as-you-go | UK to Kenya corridor - Zero fee with promotional bonus |
| Transaction based/ take rate | Pay-as-you-go | UK to Cameroon corridor - Premium rate option available |
| Other | Pay-as-you-go | Referral Program rewards |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
Roze Remit product offering
Product offeringCore offering
Roze Remit is a regulated international money transfer service that enables individual customers to send funds from the United Kingdom, Canada, Australia, and the European Economic Area to destinations including Ghana, Nigeria, Cameroon, Kenya, Uganda, Pakistan, Nepal, India, and Bangladesh. The service is delivered digitally through a web platform and a native iOS/Android mobile app, funded via Open Banking/bank transfers or 3-D Secure cards, with payouts delivered through bank deposit, cash pickup, or mobile wallet depending on the corridor. EEA operations are powered by a white-label partnership with Belmoney S.A. under PSD2 supervision.
Product overview
Roze Remit operates as a unified digital remittance platform offering international money transfer services. The core offering consists of the Roze Remit Online Platform (web-based transfers) and Roze Remit Mobile App (iOS/Android applications), both providing access to the same money transfer functionality. Users can send money to multiple destination countries including Pakistan, Bangladesh, India, Ghana, Nigeria, Nepal, Uganda, Kenya, and Cameroon using payment methods such as Open Banking, bank transfers, and 3-D Secure cards, with payouts available via bank deposit, cash pickup, or mobile wallet depending on the corridor. Additional services include the Agent Network for offline transfers, Transfer Tracking for real-time status monitoring, Currency Exchange Rate Alerts for optimal timing, and a Refer & Earn program for customer incentives. The service is available across the United Kingdom, Canada, Australia, and the European Economic Area (EEA).
Differentiator
Problem solved
Functional benefit
Products and services
- Roze Remit Online Platform A web-based digital remittance platform that enables individual customers to send international money transfers at real-time exchange rates with multiple payment methods (Open Banking / bank transfer / 3-D Secure card) and multiple payout options (bank deposit, cash pickup, mobile wallet) to corridors in Ghana, Nigeria, Cameroon, Kenya, Uganda, Pakistan, Nepal, India, Bangladesh, and other destinations. Available 24/7.
- Roze Remit Mobile App A native mobile application for iOS and Android that allows individual customers to send money internationally, receive real-time transaction status updates, and configure personalized currency exchange rate alerts.
- Roze Remit Agent Network An in-branch and agent-network service that allows customers to initiate international money transfers in person as an alternative channel to the online platform and mobile app.
Quantifiable outcome
- Most transfers complete within 3 hours of receiving cleared funds
- +1 more outcomes
Companies that use Roze Remit
Customer profileSegments1 record
Ideal customer profiles1 record
Roze Remit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Roze Remit partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Belmoney S.A.coreBelmoney S.A. provides white-label payment services for Roze Remit's operations in the European Economic Area (EEA). Belmoney is a payment institution licensed and supervised by the National Bank of Belgium (registration no. 0540.745.997), with passport rights to operate in all EEA countries under PSD2 (Directive (EU) 2015/2366). All EEA payments are powered and processed by Belmoney in accordance with Belgian and European law.
- ID AnalyzercoreIdentity and address verification provider used by Roze Remit for document authenticity checks, biometric liveness verification, sanctions/PEP screening, and compliance screening. Acts under Roze Remit's instructions and processes customer data for verification, fraud prevention, and compliance purposes.
- Payment Partners / Payout NetworkscoreBanking and payment partners used to deliver funds to beneficiaries across different destination corridors. Includes payout banks, correspondent networks, and local financial institutions for bank deposits, cash pickups, and mobile wallet transfers.
Scale indicators4 records
Recent moves1 record
Expansion highlights5 records
Roze Remit competitors and assessment
Company assessmentDirect peers
- Sendwave: App-first remittance provider focused on African and South Asian corridors with a mobile-wallet-led payout model. Directly comparable target customer, corridor mix, and digital-only distribution approach.
- Remitly: US-headquartered digital remittance specialist serving diaspora corridors from developed markets to emerging markets with a mobile-first product. Closely comparable to Roze Remit in target customer (diaspora senders), corridor mix (South Asia + Africa), and digital-first distribution, though operating at materially larger scale with institutional backing.
- Paysend: UK-headquartered digital remittance platform with global card-to-card and account-to-account transfer capabilities. Comparable digital-first approach, similar corridor focus on emerging market destinations, and overlapping regulatory footprint.
- WorldRemit: UK-based digital cross-border money transfer platform serving similar diaspora corridors with mobile wallet, bank deposit, and cash pickup payouts. Directly comparable product offering, customer base, and regulatory footprint (FCA authorised), with broader corridor coverage.
- Small World Money Transfer: UK-based remittance specialist serving diaspora corridors from Europe, with similar multi-jurisdiction regulatory profile (FCA authorised). Comparable in size and corridor mix to Roze Remit, with overlap in UK-to-Africa and UK-to-South Asia flows.
Broad incumbents
- Revolut: UK-based digital banking super-app offering international transfers alongside multi-currency accounts and cards. Competes with Roze Remit in cross-border transfers from the UK and EEA, but as part of a much broader financial product suite.
- Wise (TransferWise): Publicly listed UK fintech offering multi-currency accounts, international transfers, and consumer cards at mid-market FX. Overlaps with Roze Remit on cross-border transfers but is significantly broader in product scope and serves both consumer and business customers.
- MoneyGram: US-listed global money transfer company with both digital and agent-network distribution across similar corridors to Roze Remit. Competes directly in South Asian and African diaspora flows but at much larger scale.
- Western Union: Global incumbent in cross-border money transfer with the largest agent network and broadest corridor coverage. Serves many of the same diaspora corridors as Roze Remit but relies on cash-pickup agent infrastructure rather than a digital-only model.
Emerging players
- Lebara Money: Mobile-focused remittance service tied to the Lebara mobile brand, targeting diaspora communities in Europe. Comparable in targeting price-sensitive diaspora senders via a digital/app-led experience, though historically focused on fewer corridors.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Roze Remit social profiles
Digital presenceRoze Remit financial estimates
Financial estimateRevenue estimate
Valuation estimate
Roze Remit leadership team
Management profileNumber of profiles
Roze Remit funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Roze Remit 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 Roze Remit
What does Roze Remit do?
Roze Remit is a regulated international money transfer service that enables individual customers to send funds from the United Kingdom, Canada, Australia, and the European Economic Area to destinations including Ghana, Nigeria, Cameroon, Kenya, Uganda, Pakistan, Nepal, India, and Bangladesh. The service is delivered digitally through a web platform and a native iOS/Android mobile app, funded via Open Banking/bank transfers or 3-D Secure cards, with payouts delivered through bank deposit, cash pickup, or mobile wallet depending on the corridor. EEA operations are powered by a white-label partnership with Belmoney S.A. under PSD2 supervision.
Is Roze Remit a public or private company?
Roze Remit is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Roze Remit founded?
Roze Remit was founded in 2013. It employs 11 to 50 people.
Where is Roze Remit based?
Roze Remit is headquartered in Ilford, United Kingdom, in the Europe region.
How does Roze Remit make money?
Two revenue lines are on record. International Money Transfers are the primary driver. The others are US Listing Valuation.
Who are Roze Remit's main competitors?
Direct peers on record are Sendwave, Remitly, Paysend, WorldRemit and Small World Money Transfer. Broad incumbents are Revolut, Wise (TransferWise), MoneyGram and Western Union. Lebara Money is listed as an emerging player.
Does Roze Remit have an API?
No public API is recorded for Roze Remit.
What industry is Roze Remit in?
Roze Remit's product category is International Money Remittance. Its primary akta.pro industry code is FSAMAIAA, Consumer Remittances (P2P). Its NAICS code is 522320.