A Sector Snapshot on the US Remittance Market, 2015

The remittance industry is experiencing fast growth and gathering attention from a number of startups and investors, bringing along technological and product innovation to address the increasing demand in this important market. Multiple startups have been launched and some have had significant growth even in this mature segment. This highlights the huge potential in a segment which includes the presence of established companies with decade-long operations. According to the World Bank, global remittance is expected to grow annually by 3.75% from 2015 to 2017.

LTP did some research and analysis on this segment and has come up with a crisp, three-page sector snapshot on the US’s remittance market which analyzes the ...

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