A financial home for the diaspora.
281 million migrants pay the highest tax in finance, twice — once when they send, once when their family receives. Remiton collapses both legs into a household-priced membership: 0.5 percent send, T+0 settlement, regulated counterparties on every corridor.
0.5 % spreadOne shared household ledger.
A shared family wallet, pre-approved standing orders, joint goals that fill together, and an AI family coach that reads the ledger out loud. No notebook. No WhatsApp at 11 PM.
1 shared ledgerThe highest tax in finance, paid twice.
A working-class diaspora family carries two countries. The cost of carrying them is hidden in fees, FX spreads, settlement delays, and the cognitive load of running two parallel financial lives. We see ten household-level frictions, five on each side of the corridor.
- Pays 3-7% on every transfer. Hidden inside the FX spread, not on the receipt.
- Waits 2-5 days for the money to land. Calls home to confirm.
- Cannot invest in the home market from abroad without a chartered accountant and a tax form.
- Has no shared view of what the money is actually doing at home.
- Pays for cover and protection in the country they live in, not the country they send to.
- Waits on the WhatsApp ping to know rent landed. Standing orders break silently.
- Reconciles three accounts on paper because no one wallet holds the household.
- Cannot let the youngest spend without handing over the whole card.
- Saves for the wedding, the MBA, the house — in a notebook nobody else can read.
- Has no real-time picture of what the family is spending versus what was budgeted.
Eight features. One household.
Four for the sender abroad. Four for the family at home. Each feature is opt-in, household-priced, and lives inside the same shared ledger.
Four steps. One ledger.
Live FX, before you confirm.
Settled in under 45 minutes.
The shared wallet categorises.
Invest in the home market.
I used to wire money home and then call my mother to ask if it had landed. Now she sees it before I do.