Sending peer to peer remittance

Redefining remittance using the Blockchain


Every year $25.7 billion crosses the border from the U.S. to Mexico as remittance transfers. Millions of transactions coming from millions of people. This a huge market. Sending money back home to support family and friends is common and essential. However, many describe this process as tedious and expensive. These types of money transfers are about going from person to person. So, how do we make money transfers more economical and convenient?


Born in our innovation lab, we built a system for sending money using blockchain technology. It became a successful platform for peer to peer remittance transfers.




In our research, we discovered sending money is always around a conversation people started on their phone. It might be a cousin’s birthday, flowers for mom, or a health emergency. This is why we built a custom keyboard instead of just an app to transfer money, so people can use the app of their choice and keep the conversation where the want.

This platform enables customers to create a profile where the sender can fund their transactions using their credit or debit card or even fund their account at CVS Pharmacies or 7-Eleven with cash through our partnership with paynearme, Once the sender account is loaded they need to register their recipients.

For this proof of concept, senders could only send money to Mexico recipients to a prepaid debit card (Saldazo card), so they need to register their card number and their name.



When transferring the money, the platform uses the sender’s funds to perform a microtransaction in the blockchain and cross the border as a cryptocurrency. Finally, it’s deposited in the receiver’s card. The receiver gets their money in minutes at a fraction of the normal cost.

Additionally, we built a white label solution proof of concept. It was tested for different financial brands as a pilot. Ultimately, we redefined a better process for sending money using blockchain technology that can be repurposed as needed.

see platform in action


1,000+ successful transfers

97% approval from the user community