Palremit

Palremit is a global money transfer and payments platform for individuals and businesses that need to send cross-border payments, swap fiat and crypto, and spend internationally from one app.

Key capabilities include:

• Remittances and global transfers: Send money to supported countries and currencies, with transfer details and transaction history visible in-app.
• Multi-currency accounts: Open and manage USD, GBP, and EUR accounts in minutes for receiving and holding funds.
• Exchange and swaps: Convert currencies in one tap, including fiat-to-crypto and crypto-to-fiat swaps; the app lists final exchange rates and fees before confirmation.
• Spending tools: Use virtual cards for online, in-app, and in-store payments, with compatibility stated for Apple Pay, Google Pay, and merchants like Amazon; make payments via local transfers where available.

Available on Web, Android, and iOS.

Target users include consumers sending money home, exchanging currencies, and spending abroad, plus businesses that need a company account via KYB verification.

Notable in the African market context, it supports multiple African corridors (including Algeria, Ghana, Kenya, and Nigeria) and states it is a U.S.-registered Money Services Business regulated by FinCEN. Palremit also notes it operates as a payments platform, not a bank.