Remitee, a cross-border payments infrastructure provider focused on embedding remittance and financial services into existing platforms, has announced the completion of a new funding round.
The company has raised $20m in fresh capital. The round was led by Krealo, alongside a consortium of strategic and institutional investors who support Remitee’s vision of modernising the remittance market.
Founded to address the inefficiencies of traditional money transfer services, Remitee embeds international payments directly into the platforms that banks, retailers and FinTech firms already use. This approach allows customers to send funds without leaving their ecosystem or downloading additional applications. Its infrastructure also supports direct payments for services such as healthcare, utilities and education, in addition to prepaid cards and mobile top-ups.
The latest investment will be channelled towards scaling Remitee’s operations across Latin America, while deepening its footprint across the US and Europe. The company also plans to increase its enterprise customer base tenfold by 2027. Further investment will be made in its hybrid treasury infrastructure, which supports instant settlement in both fiat and stablecoins. Its AI-powered engine enables smart routing and strengthens regulatory compliance, giving partners greater flexibility and resilience.
More than 40 institutions are already using Remitee’s technology. These include Santander, Banco Galicia, Banco Estado, BCP, Yape, Falabella, Copec, GetNet, Remitly and MoneyGram. By integrating Remitee’s system, these firms have been able to roll out services in weeks rather than years, with some reporting double-digit growth in customer retention and transaction volume.
The company also highlighted its strong growth in 2024, when it quadrupled transaction volume compared with the previous year and achieved sustained profitability. Remitee said this demonstrates the scalability and sustainability of its embedded infrastructure model.
Remitee CEO and co-founder [name not provided] said, “We’re grateful to our clients, partners, and investors for believing in this vision. This round marks progress, but the journey is just beginning. Together, we’re building the infrastructure that will power the next generation of cross-border financial services.”
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