Strategy Note /
Global

The biggest fintech disruption opportunities in international remittances

  • Remittances to low- and middle-income countries are likely to total US$589bn in 2021, generating up to US$31bn fees

  • We estimate 45% of this fee pool is ripe for tech disruption. Developed market providers would likely be the key losers

  • The biggest scope for fee cuts are for flows to India, China, Vietnam, Nigeria. We highlight 40 potential disrupters

The biggest fintech disruption opportunities in international remittances
Rahul Shah
Rahul Shah

Head of Financials Equity Research

Contributors
Rabail Adwani
Rohit Kumar
Tellimer Research
13 December 2021
Published by