What Levantine Express Ltd. does

Levantine Express Ltd. is a UK-incorporated, FCA-authorised Authorised Payment Institution (Firm Reference Number 940437; Company No. 11630563) that operates an online cross-border money transfer service for UK-based customers sending funds to recipients in Jordan, Nepal, and Palestine. The company positions itself as the first Jordanian online money transfer system regulated by the FCA in the United Kingdom and claims over 30 years of cross-border transfer experience among its founders and team. The product is delivered through a hybrid digital channel consisting of a web platform (levexpress.co.uk), native iOS and Android applications, and underlying account/transactions infrastructure hosted on the third-party ControlMoney platform.

The technology stack combines standard web and mobile front-ends with API-based payment processing, 3D Secure card authentication (Verified by Visa / MasterCard SecureCode), and integrations with destination-country payout networks. Cash pickup is enabled through country-specific partners — Alawneh Exchange in Jordan, Turmusaya Exchange in Palestine, and IME Remit in Nepal — while Khalti provides mobile-wallet disbursement in Nepal. Funded-source orders, fixed source-currency conversion, target exchange-rate setting, and real-time transfer tracking are the main product features, with multi-language support in English, Arabic and Nepali.

Levantine's revenue model is a take-rate on FX margin: transfers carry 0% explicit commission and revenue is earned on the spread between interbank rates and customer rates, with rates updated multiple times daily. The minimum transaction is £10 and there is no disclosed upper limit. The customer base is almost entirely retail — UK diaspora workers and families, plus a secondary segment of families funding students abroad and a nascent small-business remit use case — acquired via a product-led growth model through the website, app stores, social media (Facebook, LinkedIn, Twitter) and Trustpilot reviews. The company is privately held with no disclosed investors, no parent company, and no published headcount.

Name

Levantine Express Ltd.

Legal name

Levantine Express Ltd.

Website

https://levexpress.co.uk

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Levantine Express Ltd. is a UK FCA-authorised Authorised Payment Institution offering online money transfers from the United Kingdom to Jordan, Nepal and Palestine via web, iOS and Android apps, targeting diaspora families and small businesses with 0% commission and FX-margin-based revenue.

Ownership category

akta.pro rank

Product category

International Money Transfer / Remittance Services

NAICS

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

akta.pro primary industry

Remittances & Retail FX (Consumer Cross-Border) (FSABAAAK)

Keywords

• International money transfers
• Remittance services
• Cross-border payments
• Digital money transfer
• FCA-regulated payments

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Foreign Exchange Margin: Levantine earns revenue through the spread between the interbank exchange rate and the rate offered to customers. The company calculates its rate based on commercially available interbank rates plus a margin. Most exchange rates are adjusted several times daily in line with relevant closing rates of global financial markets.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Levantine Express Ltd. operates an FCA-authorised digital money transfer platform that enables UK-based senders to remit funds to Jordan, Nepal, and Palestine via a web portal and native iOS/Android apps. The service accepts UK debit card payments and delivers funds through bank deposits, cash pickup at partner exchanges, and mobile wallets, with transfers typically completed in minutes at 0% commission and revenue derived from foreign exchange margin.

Product overview

Levantine Express Ltd. offers a single unified money transfer platform spanning web and mobile applications (iOS and Android). The core product enables UK-based users to send money internationally to Jordan, Nepal, and Palestine, with plans to expand to Egypt, Palestine, Bangladesh, and other markets. Transfers are funded via UK debit cards and delivered through multiple channels including bank deposits, cash pickups at partner networks (Turmusaya Exchange in Palestine, IME in Nepal, Alawneh Exchange in Jordan), and mobile wallets (Khalti in Nepal). The service emphasizes low costs with 0% commission, instant delivery (typically minutes), real-time tracking, and multi-language support (English, Arabic, Nepali). Country-specific landing pages and payout options are built on the same underlying platform infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Levantine Express Money Transfer Service FCA-regulated online money transfer platform enabling users in the UK to send money to Jordan, Nepal, Palestine, and planned future destinations. Supports transfers via UK debit cards with instant delivery options, competitive exchange rates, and 0% commission. Features include real-time transfer tracking, target exchange rate setting, and same-day completion.
• Levantine Express iOS App Official iOS mobile application for Levantine Express money transfers. Enables account creation, money transfers, real-time rate alerts, and transfer tracking from mobile devices. Available on the iOS App Store.
• Levantine Express Android App Official Android mobile application for Levantine Express money transfers. Enables account creation, money transfers, real-time rate alerts, and transfer tracking from mobile devices. Available on Google Play Store.
• UK to Jordan Transfer Service Dedicated money transfer corridor from the UK to Jordan. Supports bank deposits to Jordanian bank accounts and cash pickups via Alawneh Exchange network. Payout available in JOD (Jordanian Dinar) with USD and GBP coming soon.
• UK to Nepal Transfer Service Dedicated money transfer corridor from the UK to Nepal. Supports bank deposits, cash pickups via IME network, and Khalti mobile wallet. Payout available in NPR (Nepalese Rupee). Includes 24/7 Nepali language support.
• UK to Palestine Transfer Service Dedicated money transfer corridor from the UK to Palestine. Supports cash pickups via Turmusaya Exchange network and UK debit card payments. Payout available in ILS (Israeli Shekel) with USD coming soon. Includes 24/7 Arabic and English support.

Quantifiable outcome

• Transfers typically arrive in minutes
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Turmusaya ExchangecoreChannel Partner/ Reseller/ DistributorCash pickup partner location for Palestine transfers. Recipients can collect cash in ILS (Israeli Shekel) at trusted Turmusaya Exchange locations across Palestine.
• Alawneh ExchangecoreChannel Partner/ Reseller/ DistributorCash pickup partner for Jordan transfers. Recipients can collect cash in JOD (Jordanian Dinar) at Alawneh Exchange branch locations throughout Jordan.
• IME (IME Remit)coreChannel Partner/ Reseller/ DistributorCash pickup partner for Nepal transfers. Recipients can collect cash in NPR at IME agent locations across Nepal.
• KhaltiminorChannel Partner/ Reseller/ DistributorMobile wallet partner for Nepal transfers. Recipients can receive funds directly to their Khalti mobile wallet using recipient's mobile number.

Scale indicators3 records

Recent moves1 record

Expansion highlights5 records

Direct peers

• Remitly: US-headquartered digital remittance platform serving diaspora senders from developed markets to emerging-market corridors including the Philippines, India, Mexico, and others. Directly comparable business model: app/web self-serve flow, FX margin revenue, 0%-commission positioning, and a corridor-by-corridor expansion strategy very similar to Levantine's.
• WorldRemit: Digital remittance platform operating in many of the same corridors Levantine targets (including South Asia and the Middle East), with mobile wallet and cash pickup payout options via local partner networks. Directly comparable in product, target customer, and partner-based payout architecture.
• Currencies Direct: UK-based FX and international payments specialist serving individuals and businesses sending money abroad from the UK, including to emerging-market destinations. Comparable as a UK-authorised, FCA-regulated FX/margin-funded cross-border payments provider with similar corridors.
• Wise (TransferWise): UK-headquartered multi-currency and cross-border payments company, FCA-authorised, with strong diaspora and SMB remittance use cases. Comparable as a regulated, transparent-pricing, FX-margin-funded UK digital cross-border player with broader corridor coverage and deeper FX liquidity.
• Small World Money Transfer: UK-based remittance specialist focused on diaspora corridors from the UK and Europe to Africa, Asia, and the Middle East, with cash pickup and mobile wallet payout options. Comparable in corridor focus, payout-partner architecture, and UK regulatory profile.
• Taptap Send: Mobile-first remittance app targeting diaspora corridors from the UK, US, and EU to Africa, Asia, and the Middle East, with 0%-commission positioning and digital payout rails. Closely comparable in app-led UX, zero-fee marketing, and corridor expansion playbook.

Broad incumbents

• Revolut: UK-based broad fintech with multi-currency accounts, debit cards, and in-app remittance/payments features. Comparable as a UK-authorised, FCA-regulated, FX-driven digital money movement platform, though it serves a much broader product surface than Levantine's pure-play remittance focus.
• MoneyGram: Global incumbent in cross-border consumer money transfers with extensive agent and digital payout coverage across Jordan, Nepal, and the Middle East. Comparable as a long-standing remittance incumbent competing for the same diaspora corridors.
• Western Union: The largest global remittance incumbent with the deepest agent network and corridor coverage, including the UK→Jordan, Nepal, and Middle East/South Asia flows. Overlaps directly on Levantine's corridors but operates at vastly larger scale and with broader product scope.

Emerging players

• Sendwave: Mobile-first remittance app (acquired by Zepz) targeting diaspora corridors from the US, UK, Canada, and EU to Africa and parts of Asia. Closely comparable in app-led, 0%-commission positioning, but operates at materially larger scale and with different primary corridors.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/levantineexpress
• LinkedInlinkedin.com/company/levantine-express-ltd
• Xx.com/levantinexpress

Compliance3 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 Levantine Express Ltd.