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youtil, the Cash-to-commodities solution for remittances
Information by Research TrustFinance
youtil is a B2B2C financial technology company that transforms how remittances are used. Instead of recipients receiving cash, youtil's platform allows senders to direct funds specifically towards essential needs like groceries, utility bills, healthcare, and education for their families back home. The company partners with money transfer operators (MTOs), digital wallets, and banks, integrating its "cash-to-commodities" solution into their existing apps. This model aims to increase the direct impact and utility of remittances by ensuring the funds are used for their intended purpose, providing peace of mind for the sender and tangible support for the recipient.
France
Industry
Financial