Magnitt: Big-league financial figures fund innovative startup REMITR with $1 million

Magnitt: Big-league financial figures fund innovative startup REMITR with $1 million

Our recent achievements have been showcased in Magnitt, a startup publication catered towards entrepreneurs, investors and other financial entities. REMITR has been funded $1 million by highly respected angel investors to assist in global expansion and product development. A challenge that modern businesses face is finding a fast and low cost international payment service that meets the demands of the fast paced business environment that our world is subjected to. Unfortunately, international payment systems have not kept pace and are still running on 50 year old technology. Read more from Magnitt to learn about how our company is changing the international remitting industry as we know it.

Read full article here.

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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