Panda Remit

Panda Remit offers cross-border payment transaction services. The company's objective is to provide individuals and businesses with payment technology to streamline transactions. Panda Remit's services are mobilized and integrated within their mobile app and also with WeChat. The company's services are also completely online and internet-based.

The financial technology company was incorporated in 2018 and has received funding from investors like Sequoia and Light Speed. Panda Remit is owned by Wo Transfer (HK) Limited and is focused on the international remittance business. The company possesses licenses to operate in different countries, and users are able to send and receive money on the platform.

In 2020, Panda Remit was chosen to participate in the Mastercard Start Path Program. The company chooses to handle the end-to-end remittance process online to eliminate the costs of operating offline stores. Panda Remit operates in about forty countries and regions around the world and supports different destination currencies like Australian, New Zealand, US, Canadian, Singaporean, and Hong Kong dollar, the Japanese Yen, Euros, Pounds, Rupees, and others.