remittan

Name

remittan

Legal name

Remittan (Web3 NeoBank)

Website

https://remittan.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Remittan is a private Web3 fintech startup that uses AI/ML, blockchain, and cryptocurrency technology to offer borderless money transfers and digital assets-backed credit, targeting digital asset holders and underserved markets with limited traditional banking access.

Ownership category

akta.pro rank

Product category

Cross-Border Digital Banking

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities and Commodity Exchanges (52321)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

Cross-border/Remittance Neobanks (FSABAFAH)

akta.pro secondary industries

Crypto-Enabled Cross-Border Transfers & On/Off-Ramps (FSAGAKAO), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Consumer P2P International Remittances (FSAGAKAA), Cross-Border & FX Payments Platforms (BPAMAFAK)

Keywords

• Cross-border payments
• Digital assets credit
• Borderless banking
• Cryptocurrency lending
• Web3 financial services

GTM type

B2C

Offering type

Services

Cost components

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

Core offering

Remittan is a Web3 NeoBank fintech startup that leverages AI/ML, blockchain, and cryptocurrency technology to deliver cross-border money transfer services and digital assets-backed credit. The platform moves money across the globe and provides credit beyond traditional geographic borders, allowing digital assets to be used as collateral for credit and offering borderless financial tools tailored to digital asset holders and underserved markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Borderless Money Transfer Cross-border money transfer service enabled by blockchain and cryptocurrency rails, allowing users to move money across the globe without traditional geographic banking restrictions. Designed for digital asset holders and individuals in underserved markets who need cross-border financial access.
• Digital Assets-backed Credit Credit service that allows users to use their cryptocurrency and digital asset holdings as collateral to obtain loans. Leverages AI/ML for credit scoring and risk assessment. Targeted at digital asset holders who lack access to conventional credit products and underserved markets seeking credit beyond borders.

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Direct peers

• Ripple (XRP): Ripple offers crypto-enabled cross-border payments and liquidity products for banks and remittance providers, directly competing with Remittan's core value proposition of using blockchain rails to move money across borders.
• Stellar Development Foundation: Stellar is purpose-built blockchain infrastructure for cross-border payments and has powered MoneyGram's USDC settlement; it competes head-on with Remittan on crypto-enabled remittance corridors to underbanked regions.
• Remitly: Remitly is a leading digital remittance platform serving diaspora corridors to underserved markets — the exact customer segment Remittan targets — making it a direct competitor on borderless money transfer.
• Wise (TransferWise): Wise is a major cross-border payments platform serving individuals and businesses with multi-currency accounts; it competes with Remittan's borderless money transfer value proposition across corridors globally.
• Nexo: Nexo is a crypto lending platform offering crypto-backed loans and credit cards, directly competing with Remittan's Digital Assets-backed Credit offering for digital asset holders seeking credit against their holdings.

Broad incumbents

• MoneyGram: MoneyGram is a global remittance incumbent that has integrated crypto on/off-ramps via its Stellar partnership, making it a broad incumbent competitor in cross-border money transfer with emerging crypto capabilities.
• Revolut: Revolut is a global neobank offering multi-currency accounts, remittance, and crypto trading; it is a broad incumbent whose feature set overlaps with Remittan's borderless banking + crypto positioning.
• Western Union: Western Union is the largest traditional global remittance incumbent with unmatched corridor coverage; it represents the legacy competitor Remittan's crypto-based model is attempting to disrupt in serving underserved markets.

Emerging players

• Bitnob: Bitnob is an emerging Africa-focused crypto on/off-ramp and remittance platform serving the same underserved markets Remittan targets, making it a relevant emerging peer in the corridor-level competitive set.
• Afriex: Afriex is an emerging cross-border payments platform focused on Africa, using crypto and stablecoin rails to serve diaspora and underserved markets — a direct functional analogue to Remittan's model in a specific geography.

Market position

Customer concentration

• LinkedInlinkedin.com/company/remittan

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 remittan