We launched our remittance service platform in February 2016 for the Korea -> Philippines corridor, and since then Vietnam in June and Indonesia in September. In one year we have accumulated more than 45,000 transactions and we are growing fast under the value proposition of being cheaper, faster, and more convenient than traditional remittance services.
We currently use 2 methods to deliver the remittances: 1) blockchain, 2) pooling through bank partnerships.
Early February 2017, we have launched our Korea to Japan corridor and would like to join the 7 bank network in order to give wider distribution and thus better value to our customers.
Banks are expensive, slow, and inconvenient. Black markets are dangerous. We want banks to get their portion of the bigger pie & help users send money to their families cheaper, faster, and easier.
