Founded in 2015 and based in Hong Kong, Remitsy aimed to simplify international trade by offering a fast, low-cost, and transparent platform for foreign businesses to pay their suppliers and employees in China using the local currency (RMB). The company leveraged modern API technology to bypass the slow and expensive traditional banking systems like SWIFT. In early 2018, Remitsy was acquired by Currencies Direct, a leading global provider of foreign exchange and international payment services. Following the acquisition, the Remitsy brand and its standalone platform were phased out as its technology and services were integrated into the acquirer's offerings.

Founded in

China