It is a platform where people transfer money internationally by exchanging money with peers in the destination country.
Qué problema resuelve
1.- Uncertainty of money transfer rates: People often don’t know beforehand how much does it cost to send money internationally, due to the multiple number of agents involved in a single transfer. We charge a simple and single fee of 1% and don’t involve any other agents in our process.
2.- Cost of remittances: The world bank estimates that the average cost of money remittances is around 8%. We can reduce thos cost to 1% and less.