Toronto-based cross-border money transfer company, Remit5, has announced its strategic partnership with financial technology company PLAID. The collaboration aims to revolutionize the cross-border money transfer industry by providing seamless and secure transactions, along with robust identity verification. The partnership leverages PLAID's expertise in data connectivity and infrastructure to enhance Remit5's services, expanding market reach and ensuring an unparalleled customer experience. This collaboration represents a significant milestone in the evolution of cross-border money transfers, driving industry innovation and transforming fund transfers for individuals and businesses.
Toronto, Aug. 15, 2023 - Remit5 is thrilled to announce a game-changing partnership with Nium, a global financial technology platform. The strategic collaboration solidified with a contract signed on August 15th, 2023, marks a significant milestone for Remit5 as it continues to innovate and expand its services worldwide.
London, Sept 16, 2025 - Remit5, one of the emerging fintech innovators in cross-border payments, is proud to announce its official expansion into the United Kingdom. After a successful launch in Canada, Remit5 is now bringing its unique blend of traditional remittance services and alternative money transfer solutions under one umbrella to UK consumers.