At Stratum Remit, we believe sending money to family shouldn't feel like a financial burden. It should be as simple as sending a text message. Here's our vision for the future of remittances.
The Problem We're Solving
Every year, people in the diaspora send over $700 billion to their families back home. But the system is broken:
- High fees eat into money meant for loved ones
- Complex processes waste time and create stress
- Poor exchange rates silently reduce what recipients get
- Slow transfers mean money doesn't arrive when needed
The people who can least afford these costs—those sending small amounts regularly—are hurt the most.
Our Vision
A world where sending money home is instant, free, and effortless.
Not low-cost. Free. Not fast. Instant. Not easy. Effortless.
We believe technology has advanced enough that this vision is achievable today. The only thing standing in the way is companies choosing to extract value rather than provide it.
Why Remittances Matter
Remittances aren't just transactions. They're:
- Love made tangible - Supporting parents, siblings, children
- Educational opportunity - Paying school fees that change lives
- Healthcare access - Covering medical emergencies
- Economic lifelines - Supporting families through hard times
- Community investment - Funding homes, businesses, futures
When we reduce the cost of remittances, we're not just saving money—we're multiplying impact.
Our Approach
Zero Transfer Fees
We will never charge a fee to send money. Not $5. Not $1. Not 99 cents. Zero.
Transparent Pricing
We make money through exchange rate margins—and we tell you exactly what they are. No hidden costs, no surprise deductions.
AI-First Experience
We built Kora, our AI assistant, to make transfers as easy as conversation. No forms, no menus, just "Send $200 to Mom."
Accessible to All
Whether you send $20 or $2,000, you deserve the same experience. Our zero-fee model means small transfers are just as efficient as large ones.
Who We're Building For
The Regular Sender
Sending $100-500 monthly to support family. Previously losing $5-15 per transfer in fees—$60-180 per year that could have helped their family.
The Occasional Sender
Sending money for birthdays, emergencies, or special occasions. Shouldn't have to pay $10+ for a one-time gift.
The Small Sender
Sending $20-50 when something small is needed. Traditional fees make these transfers impractical—we make them free.
The Business Sender
Paying contractors or suppliers abroad. Needs speed, reliability, and clear records.
Our Progress
Since launching, we've:
- Saved customers millions in fees they would have paid elsewhere
- Enabled instant transfers to 17 countries
- Built AI-powered transfers that work with just your voice
- Achieved zero-fee on every single transfer
But we're just getting started.
What's Next
More Countries
We're expanding to more corridors, bringing zero-fee transfers to more communities.
Better Rates
We're continuously working to improve our exchange rates and pass savings to you.
Smarter AI
Kora is getting smarter—anticipating your needs, alerting you to good rates, remembering important dates.
More Ways to Receive
Beyond bank and mobile money, we're adding more payout options.
Join Our Mission
When you choose Stratum Remit, you're not just saving money on a transfer. You're:
- Voting with your wallet for a fairer remittance industry
- Sending a message that high fees are unacceptable
- Supporting innovation in financial services
- Ensuring more money reaches the people you love
Our Promise
We promise to always:
- Never charge transfer fees
- Be transparent about how we make money
- Keep improving our rates and speeds
- Listen to you and build what you need
- Put families first in every decision
Conclusion
Sending money to loved ones is an act of love. We believe it should feel like one—not like a trip to the DMV. That's why we built Stratum Remit: to make remittances instant, free, and effortless.
Ready to join us? Download Stratum Remit and send your first zero-fee transfer today.