Strategy and Solutions
The client was a fintech startup founded to modernize cross-border money transfers within and into African markets. Serving migrant workers, freelancers, and small businesses, the startup targeted high-volume remittance corridors where traditional providers were slow, expensive, and unreliable. To scale quickly while maintaining compliance and reliability across fragmented financial infrastructures, the startup partnered with Zymr.
Existing remittance services in the target markets relied on multiple intermediaries, leading to high fees, wide FX spreads, unpredictable settlement times, and frequent transaction failures. Financial infrastructure varied widely across countries, with a mix of banks, mobile money networks, and local payout mechanisms. At the same time, the startup needed strong KYC, AML, and transaction monitoring controls to meet regulatory expectations and build investor confidence, without compromising speed or user experience.
Zymr helped the fintech startup replace slow, high-cost remittance models with a reliable, transparent, and scalable money transfer platform. The solution enabled rapid user growth, market expansion, and investor confidence, positioning the startup as a credible alternative to legacy transfer providers across Africa.
Zymr designed and implemented a mobile-first, cloud-native money transfer platform optimized for African remittance corridors.
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