Forbes: Payment firm REMITR is among top 100 brightest startups

Forbes: Payment firm REMITR is among top 100 brightest startups

Remitr is proud to be chosen among the most promising startups in UAE by Forbes Middle East. The awards were given away at a glittering ceremony at the Waldorf in Dubai during October 2016. It’s a big motivation for us to achieve even more, and a small reminder of the expectations the world has from us.

The shortlisting process involved inviting applications from hundreds of startups who have launched their product recently in UAE and GCC markets. After going through an extensive evaluation of Remitr’s product, our business model and success in the UAE market, the process involved working with Forbes team to provide all the information required.

The recognition by Forbes is no doubt exciting and at the same time inspires us to do even more for the region. Remitr’s technology and remittance platform enables diaspora to send money home quickly and at the lowest cost compared to any other available remittance channel.

Remitr’s app works with licensed Exchange Houses in UAE, enabling secure and compliant money transfer. The 24×7 convenience of Remitr platform is unparalleled in the UAE economy, allowing users to make transfers from the comfort of their homes and without having to step out in harsh climates or at odd hours when the rates are adverse. Remitr currently enables money transfers to India, Philippines and Sri Lanka from UAE, with more countries being added in future.

Remitr is the better alternative to cheques, bank visits and wire transfers (they all suck). The Remitr Global Network allows fast, often 1-day, business payments worldwide. Remitr also offers businesses a free Global Business Account for receiving online sales payouts in USD, GBP and EUR – all without the bank fees or the delays.

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