fintech

InstaReM

Simplified overseas money transfer

Overview

InstaReM is a cost-effective, simple, and quick way to transfer and remit money to countries worldwide. In this project, Instarem partnered with Ajackus to build iOS and Android mobile apps.

Project Name

InstaReM

Services

Android App development
iOS app development

Domain

domain

Fintech

InstaReM Mobile App

Problem

International money transfer experiences through banks and other service providers were neither straight-forward nor cost-effective. Excessive paperwork and multiple touchpoints increased costs and stretched the time taken for end-to-end transfer. Instarem wanted to make this process simple, cost-effective, and faster for the end-user.

Solution

Ajackus serves as a technology partner to develop a robust and secure mobile app platform enabling consumers, Small and Medium Enterprises, and financial institutions to make international money transfers at a low cost and transfer FX rates.

Key Functionalities

Results

After only six months, Instarem demonstrated its revolutionary potential as a remittance provider that enabled millions of people to transfer money to countries worldwide. With InstaReM, users can now send money from Australia, Singapore, Hong Kong People's Republic of China, Malaysia, Euro Zone Countries, the UK, India, Canada, and the US.

55+

countries

1M+

Total Users

8000+

Banks Network

$59M

Funding secured till date

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