Pomelo
Neobank and remittances for immigrant families
Sendwave is a mobile-first fintech company based in the U.S., specializing in low-cost, instant international money transfers. Founded in 2014 and headquartered in the Boston area, it operates in North America, Europe, and select regions, facilitating transfers primarily to recipients in Africa and Asia. The company aims to make sending money as easy and affordable as sending a text message, offering near-instant transfers funded by debit cards or bank transfers.
With a user-friendly mobile app and website, Sendwave allows quick sign-up and transfers in minutes, supported by 24/7 chat assistance. Its core services include instant money transfers to mobile wallets, bank accounts, or cash pickup locations, and a digital wallet for recipients. Sendwave has grown to serve over 1 million users across more than 200 transfer corridors in over 100 countries, partnering with over 185 global entities to enable fast payouts. The company is part of the Zepz Group, following its acquisition by WorldRemit in 2020.