What is Korrency?
Enable seamless and cost-effective financial connections across borders, transforming the way people support their families and manage their finances internationally.
Problem
Users face challenges sending money across borders to support their families and manage finances internationally
High fees and long processing times are common drawbacks of traditional money transfer methods
Solution
Platform to enable seamless and cost-effective financial connections across borders
Allows users to send money home to loved ones easily with reduced fees and faster processing times
Customers
Migrant workers
Expatriates
International students
Individuals with family members living abroad
Unique Features
Low-cost international money transfers
Quick transaction processing times
User-friendly interface for easy fund transfers
User Comments
Easy to use for sending money internationally
Saved a lot on fees compared to banks
Transactions were processed quickly
Great for supporting family members abroad
Highly recommended for cross-border transfers
Traction
Over 100,000 users registered
Processed over $5 million in transactions monthly
Market Size
Global remittance market size was estimated at $702 billion in 2020