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South Korean fintech agency SentBe has strengthened its international presence with the launch of its cross-border cash switch service within the US.
The launch permits varied clients within the US, corresponding to migrant staff, South Korean residents and worldwide college students to ship cash to greater than 50 nations, together with China, India, the Philippines, Vietnam, Canada, the UK, France and others.
Customers can use the service at a nominal price, famous SentBe.
They’ll use the SentBe cell app or web site for sending cash in actual time or inside a day.
In contrast to typical remittance techniques which can be carried out by means of banks, SentBe’s cash switch approach contains varied receipt strategies that rely on the customers’ choice, in accordance with SentBe.
For the newest launch, SentBe created a process power in addition to solid alliances with certification businesses, authorities ministries, conventional monetary establishments and fintech outfits within the US.
The agency additionally carried out a technical verification course of to develop an improved remittance expertise for the American customers.
SentBe CEO Alex Seong-Ouk Choi stated: “SentBe has been extensively utilized by migrant staff throughout Asia, and the success within the area relies on our emphasis on eradicating cross-border boundaries and bringing comfort to clients.
“We’re bringing the identical expertise to the US, one of many largest monetary markets on the earth, and we are going to proceed to increase our companies to different markets together with Canada, Australia and nations in Europe.”
Final month, SentBe introduced a partnership with Currencycloud to increase cross-border remittance service.
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