• Innovation
  • Transformation
  • Testimonials
  • Company
  • Blog
Menu
  • Innovation
  • Transformation
  • Testimonials
  • Company
  • Blog
Let’s Connect

FinTech | Money Exchange & Remittance

Money Exchange & Remittance

The remittance market is set to reach $630 billion in 2022, with remittance flows to low- and middle-income countries (LMICs) expected to increase by 4.2 percent this year.

The number of users in the Digital Remittances segment is expected to grow to 4.1m users by 2026.

(Source: World Bank Group – Report May 2022)

 

The realm of banking and finance is witnessing a fundamental change in how money is transferred, accessed and used. You can now transfer money locally or internationally through advanced and secure payment gateways.

 

The remittance market is showing significant signs of accelerating over the next 4-6 years, with the number of customers/users rising but also the number of digital remittance providers rising.

 

Speed to market is critical, the sooner your service is available, the more customers you can capture to get the transactions flowing.

We assist businesses and sectors in building customised, sturdy payment and remittance platforms across C2C, B2B and B2C, often from scratch.

 

We also offer a fully customisable white-label platform built on modern multiservice architecture which can scale and evolve alongside your business. Once delivered, digitify is available to provide ongoing maintenance and technical support, as well as real-time security monitoring via our SOC (additional service contracts).

 

Each platform includes web, Android and iOS customer-centric applications with the necessary backend processing required (e.g., automated KYC, FX) in order to deliver financial services.

 

Our ready-to-launch platforms are modular, hence can easily be customised to reflect specific business needs, user requirements and corporate colours/logos.

 

It is our mission and prerogative to make the process money exchange seamless and fool proof with the utmost ease while incorporating the latest technology.

Digital Banking

Enhance existing offerings or transform with full cloud-based banking platforms.

Blockchain

Standardise, regulate and safeguard everything from customer data to transaction history using blockchain.

Processor and Payment Integration

Connect with merchants & third-party vendors through API.

Electronic Money Issuance

Be part of the next wave of digital finance – from digital wallets to full digital banks.

Machine Learning and AI

Data, combined with ML/AI, enables powerful decision-making – using insights to offer bespoke products.

Say hello!

Let’s Connect

Contact Information

Have an inquiry or some feedback? Let’s connect!
  • United Kingdom
Thames House (Unit B),
Waterside Drive, Langley, Slough,
SL3 6EZ, London – UK
  • United Arab Emirates
Dubai International Financial Centre,
Gate Village Building 10, Unit 02, Level 7
Dubai, UAE
  • United States of America
600 Park Offices, Dr. Suite 300, Research Triangle Park (RTP), Raleigh, Durham, North Carolina 27709, USA
  • +44 (0)1753 373100
  • contact@digitify.com

© 2022 digitify

Leave a message

Drop us a message here! Our team will contact you very soon.



    • Home
    • Innovation
    • Transformation
    • FinTech
    • RegTech
    • Testimonials
    • Services
    • Company
    • Join The Tangerine Team
    • Blog
    • Let’s Connect
    • Home
    • Innovation
    • Transformation
    • FinTech
    • RegTech
    • Testimonials
    • Services
    • Company
    • Join The Tangerine Team
    • Blog
    • Let’s Connect

    Let’s Get Social with us

    © Copyright 2022, digitify | design · develop · deploy

    Join The Tangerine Team

    Current Openings

    Position(s)

    no jobs found

    © Copyright 2022, digitify | design · develop · deploy


      “Our objective was simple; to build an intuitive remittance platform to allow users to swiftly, securely transfer funds, using the latest in technology innovation”

      In a market saturated with poorly designed, uncompetitive digital remittance solutions, Vowpay (www.vowpay.com) wanted to be different and visioned a digital product that would be simple to use, secure and offer competitive rates in real time.

       

      With the help of digitify, Vowpay were able to realise their ambitions and deliver an international money transfer app for sending money from the UK to Pakistan, available on both Android and Apple devices.

      Before digitify even began any coding or development, it consulted with Vowpay to steer them through the complex regulatory minefield, to help them acquire the correct licencing with the Financial Conduct Authority (FCA).

      Vowpay used a range of services from digitify to bring their idea to life, including:

      Digital Compliance, Consultancy (Technical and Strategic), UI/UX Development, Mobile Development (iOS & Android), Front-end & Back-end Development, DevOps Automation, QA & Penetration Testing.

       

      But the app is the tip of the iceberg. Beneath the surface of this project is enormous work to integrate systems, superior regulatory expertise, and digitify’s close relationships with key service providers (e.g. KYC by Onfido).

      If you’re looking to build a remittance product.

      Speak to our technical and regulatory experts now – contact@digitify.com

      “As a technology company ourselves, we were very selective about our payment and application development partner.   

      We made absolutely the right choice”.

      Xplora (www.xplora.co.uk) is an innovative provider of smartwatches for kids, trusted by over 400,000 users worldwide. 

      As a like-minded company who also focus on innovation and transformation, digitify were chosen to design a new mobile payments product for Xplora, from scratch, to work seamlessly with their market-leading smartwatch globally.

      digitify worked closely with Xplora to develop the new Xpay mobile banking application, including the integration with Xplora partner bank and processor. 

       

      Our services included:

      Consultancy, Customised UI/UX Design, Mobile Development (iOS & Android Builds), Front-end & Back-end Development, DevOps Automation, QA, Penetration Testing, and Project Management.

      digitify also provided services from our established partner network to deliver payment processing services including:

      Apple & Samsung Pay, KYC & AML, Payment Gateway Integration, Processor Integration, Banking Integration, Credit Card Scheme (MasterCard), Open Banking API.

      Alongside the development of the new Xpay app, digitify completed a cloud-native infrastructure redesign and upgrade, delivering a scalable and secure platform for growth; allowing Xplora to move away from ageing legacy platforms and monolithic working practises, and embrace the latest technology stacks and microservice methods.

      To find out more about how we created this IoT solution.

      Get in touch today – contact@digitify.com

      “digitify worked closely with us at every step along the way to design, build and launch YAP.  A true partnership & real transformation”.

      YAP was born from the need to make it easier to perform online transactions and transfer money digitally.  Working with the National Bank of Ras Al Khaimah (aka RAKBANK), YAP wanted to create a digital banking product to empower users with the level of financial control they demand.

      The leadership team approached digitify to turn their ideas and plans into a reality, and they did so at the very start of their journey, knowing our expertise spans the full design, development and deployment process.

      digitify created the YAP digital banking platform & mobile app from start to finish, providing a complete end-to-end service; using the latest innovative technology and methodologies.

      YAP utilised all major services from digitify throughout the project lifecycle including:

      Consultancy, Solution Architecture, Mobile Development (iOS & Android), UI/UX Design, Front-end & Back-end Development, DevOps, Cybersecurity/InfoSec, QA Automation and Project Management.

      digitify also provided the partner network to deliver core payment processing services including:

      Digital KYC, AML & Fraud Detection, Payment Gateway, Processor Integration, Apple & Samsung Pay, Core Banking Integration, Credit Card Scheme (MasterCard), Open Banking API.

      As a result, digitify helped YAP to become the first independent digital banking platform in the UAE, giving the Bank a real competitive advantage.

      As a significant project, the best way to find out more is to talk with our experts.

      Get in touch today – contact@digitify.com