SendFriend leverages the blockchain to transform the $600 billion global remittance market.
For the millions of migrant workers who overpay annually for international money transfer, because of friction in the banking system, SendFriend leverages blockchain technology to reduce the cost of service by 65% from the industry average. Winner of the MIT Media Lab Translational Innovation Alliance Award, and the MIT Legatum Fellowship, SendFriend is a team of Ex-World Bank and Ex-MoneyGram staff passionate about bringing innovation to the masses. Other investors include Techstars, Barclays Bank, Mahindra Finance, the MasterCard Foundation, and Deloitte (services).
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