Launch Your International
Money Transfer Business
Go Live in Under 30 days with our License Coverge (RaaS) Model.
The Paths You Can Choose
Launching a money transfer business involves a critical choice in your go-to-market strategy. Here's a comparison to help you decide.
| Feature | The RaaS Path | The DIY Path |
|---|---|---|
| Time to Market | As little as 30 days | 6 - 12+ Months |
| Upfront Capital | Low & Fixed Cost | High & Unpredictable hidden costs |
| Licensing & Legal | Leverage existing partner license | Complex, uncertain application process |
| Operational Team | Partner handles Compliance, Regulatory Reporting | Hire full compliance, treasury, IT teams |
| Your Focus | Customer Acquisition, Growth and Payout Prefunding | Regulatory Hurdles & Infrastructure, Marketing, Partnership |
| Risk Profile | Partner Manages AML/CTF Obligation | Manage tough AML/CTF obligation |
| Core Benefit | Speed, focus, and capital efficiency | Control over License |
The key takeaway: The RaaS path allows you to learn the ropes of the business and build a strong customer base first. This ensures that when you're ready to invest in your own license, your business is already profitable and positioned for success.
Understand Remittance-as-a-Service (RAAS) Model
Get an Idea of Your Potential Costs
This simulator helps you understand the potential operational costs when working with a partner. Adjust the sliders to estimate your expenses.
Disclaimer: The rates and service fees shown are for illustrative purposes only. Final costs and fee structures will depend on the specific partner and jurisdiction.
Adjust Your Estimated Monthly Activity
Live Service Fee Calculation
Note: Service fee types can vary. The fees below are common examples.
KYC Fees
$100.00
Payment Collection Fees
$750.00
Total Service Fees Used:
$850.00
Your Estimated End-of-Month Statement
This shows the estimated amount due after accounting for your monthly minimum commitment.
Monthly Minimum Commitment:
$1,000.00
Total Service Fees Used:
$850.00
Estimated Bill to Partner:
$1,000.00
Now you have an idea of the costs.
Let's work together to review the essentials and build your path to a successful RaaS partnership.
RaaS (License Partnership) Readiness Checklist
Let's see if you're ready for partnership, scaling your business, and achieving profitability. Answer "Yes" or "No" to each item to define your best next step.
Business Plan
Defining how you will build good volume in the shortest possible time?
Financial Projections
To see how long will it take to break even?
Operational Funding
How much cash do you need to keep the business running smoothly at all times?
Technology Platform
A great customer-facing web & mobile app along with robust admin panel to manage your operations.
Ready to Take the Next Step?
Need Help Preparing?
A professional business plan, financial projections is non-negotiable. Build a compelling plan and financial model to get you RaaS partnership ready.
Help Me Build My PlanChecklist Complete? Let's Talk.
You have your plan and technology like RemitSo in place. Our team is ready to facilitate an introduction to the right partner for your business.
Start the ConversationFAQs
What exactly is "Remittance as a Service (RaaS)"?
RaaS is a business model where a company (the RaaS partner) provides its financial licenses and regulatory compliance framework to other businesses. This allows you to launch a money transfer service under their umbrella by plugging in your own technology, saving you the time and expense of acquiring your own licenses and building the compliance infrastructure from scratch.
Who owns the customer relationship and data?
You do. While you operate under the partner's license, your customers are yours. You manage the branding, marketing, and front-end relationship. Crucially, your customer data is stored in your system (like the RemitSo platform), ensuring you retain control and can migrate if you decide to get your own license in the future.
Can I switch to my own license later?
Absolutely. The RaaS path is the perfect way to test the market and build a sustainable business. Once you have a proven track record and sufficient volume, transitioning to your own license is a natural next step. We can even provide guidance on that process when the time is right.
What if I don't have a technology platform like RemitSo?
A robust technology platform is a non-negotiable requirement for any RaaS partner. If you don't have one, our RemitSo white-label platform provides everything you need out-of-the-box, from customer apps to a full admin back-office. It's the fastest way to check that box and get partner-ready.
