Fiatmatch

FiatMatch is a financial technology company based in Ontario, Canada. Registered as a money service business with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), FiatMatch is a bank-graded security community marketplace for sending money around the world in the most transparent and affordable way possible. Like never before, The FiatMatch Remittance Marketplace makes it possible for customers to directly gain access to retail and wholesale currency exchange rates. It further puts power in the hands of customers, giving customers 100 percent control over how much they pay when they send money abroad. This makes the solution the first of its kind in the remittance industry. Now, customers don’t have to worry anymore about being charged high FX spreads or unfair currency exchange rates. The FiatMatch marketplace is secure, exclusive, and runs on a networking system where every user is known by at least one community member, and verified users who want to send money abroad can post an offer, wait to be matched to other community members or vendors, and negotiate rates to find a mutually acceptable rate. The user also has the opportunity to select available offers and send money instantly. Whatever the user decides, FiatMatch guarantees great rates and up to 85% in savings when compared to other platforms. On top of that, customers have 100 percent control. FiatMatch also offers other exciting features including airtime top-ups and gift cards to 130+ countries. With the FiatMatch app in the hands of immigrants, families who are beneficiaries of remittances will get more value from the money they receive from the diaspora. We believe that as more people support their families in low and middle-income countries, our world will be on the pathway to mitigating global poverty. Collectively, we can democratize international money transfers and remove intermediaries, A.K.A, the cost drivers, and put an end to currency manipulation for good.