About

Pangea is an international money transfer platform that enables users to transfer funds using any US debit card through a mobile app, web portal, or via retail partners. Pangea’s remittance solution includes flexible payment vehicles, an enhanced user experience, significant cost savings, and an industry-leading compliance and risk analytics platform. Pangea has received awards for “Best User Experience” and “Fastest Transfer” at the 2017 Finder Money Transfer Awards. Currently, the company operates their business in 15 countries across Latin America and Asia.

Focus

PRODUCTS & SERVICES

Mobile remittance app to send money from the US to Latin America and Asian countries. Pangea's remittance platform: It is a mobile-based application that allows users to transfer money to their family members in a single click. The app features an intuitive setup process that takes only a few seconds, a smooth user interface and a low, transparent fee structure. Registered senders can just login and repeat past transfers in only one click. Within minutes, recipients can get their money in cash at thousands of pickup locations, or have it deposited directly into a bank account or onto a debit card.

REVENUE MODEL

The company earns revenue by charging a flat fee of $4.95 up to $2,999. Also, it charges $5.99 for cash transaction.

MAIN CLIENTS

Retail Consumers

EXISTING PARTNERSHIPS

Pangea has banks

retailers

and payments companies as partners: TeletonUSA

Liga Azteca de Basketball LLC

etc.

COMMENT

Pangea provides real-time debit-to-debit transfers via a mobile app to simplify international remittance. Pangea allows users to send cash to their hometown through the retail chain network.