Scaling Remittances Across 25+ Countries

What began with shared personal experience was a clear understanding of how hard it can be to send money home. Like millions of immigrants in Europe, TransferGalaxy’s founders experienced long queues, opaque fees, and limited options for sending money to family abroad. It was frustrating, slow, and expensive. That experience led them to build the platform they felt was missing.

Expanding remittances across global markets

TransferGalaxy has grown from a startup in Sweden into a platform supporting customers across 25+ countries, enabling remittances across Africa, Asia, and the Middle East.

Managing operational complexity

As transaction volumes scaled, TransferGalaxy faced increasing operational complexity from managing multi-currency payment flows, manual FX processes, and reconciliation, alongside strict regulatory and compliance reporting requirements.

Multi-currency and FX challenges

Multi-currency complexity and FX uncertainty made pricing unpredictable and required continuous oversight across accounts.

Compliance and operational pressure

Operating as a regulated financial institution introduced strict reporting requirements, while reconciliation and transfer monitoring created operational bottlenecks.

Centralizing multi-currency payment flows

Through Corpay’s dedicated platform and named multi-currency accounts, TransferGalaxy streamlined and centralized payment flows, enabling efficient aggregation and global disbursement of funds.

Managing multi-currency activity within a single environment supports both incoming and outgoing transactions while integrating compliance into the process.

Delivering remittances across payment corridors

Corpay’s global banking network enables funds to reach recipients quickly and securely, including in regions with limited banking infrastructure, through local banking partners and financial institutions.

Scaling remittance operations

Since the partnership began, TransferGalaxy has scaled operations while maintaining consistent service as transaction volumes and payment corridors expand.

Read the full case study to see how TransferGalaxy scales remittances across global markets with Corpay Cross-Border.

Cross-Border

Global payments

Risk management