Remitation

Last update: 11.2023
About us
At Remitation, we're on a mission to provide a seamless, transparent, and cost-effective way for people to send money to their loved ones abroad by transferring the traditional Hawala system in MENA and CIS to the digital world and connecting to MTOs.
Founded
10.2023
Type
For-Profit
Sector
Financial Services
Number of Employees
1-10
Headquarter
Impact activity regions
C_EU +
Investment stage
Pre-Seed
Open for invest
Our Goal
Primary KPI
Enabled immigrants to send money home
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Last update 07.2024
Scale / Period
Goal (06.2024)
Actual (11.2023)
Description of impact
people (people) / cumulated
250000
0
Through our platform, immigrants can send money to their families in their home countries, contributing to poverty reduction and improved economic opportunities. We measure our impact by the number of successful and cost-effective transactions conducted on our platform, ultimately fostering economic inclusion and social equity for immigrant populations.
Attribution Description
We attribute our impact by tracking the number of immigrants who use our platform to send money to their families in their home countries. This metric allows us to quantify the reduction in financial inequalities within immigrant communities. Additionally, we analyze the cost-effectiveness of our services, ensuring that our platform provides affordable and efficient money transfer solutions. Through data analytics and user feedback, we continuously assess our impact, making data-driven improvements to enhance financial inclusion and reduce inequalities for immigrants worldwide.
Scale / Period
people (people) / cumulated
Goal (06.2024)
250000
Actual (11.2023)
0
Description of impact
Through our platform, immigrants can send money to their families in their home countries, contributing to poverty reduction and improved economic opportunities. We measure our impact by the number of successful and cost-effective transactions conducted on our platform, ultimately fostering economic inclusion and social equity for immigrant populations.
Attribution Description
We attribute our impact by tracking the number of immigrants who use our platform to send money to their families in their home countries. This metric allows us to quantify the reduction in financial inequalities within immigrant communities. Additionally, we analyze the cost-effectiveness of our services, ensuring that our platform provides affordable and efficient money transfer solutions. Through data analytics and user feedback, we continuously assess our impact, making data-driven improvements to enhance financial inclusion and reduce inequalities for immigrants worldwide.
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