Rebit, a product of SCI Ventures Inc., is a Philippine-based financial service that leverages blockchain technology to provide faster and more affordable remittance services. The company's core mission is to facilitate cross-border payments into the Philippines by using Bitcoin as a settlement mechanism. Senders transmit Bitcoin, which Rebit then converts into Philippine Pesos (PHP) and disburses to recipients through various channels, including bank deposits, cash pickup centers, and mobile money wallets. This model aims to reduce the high fees and slow processing times associated with traditional remittance corridors.

Founded in

Philippines