7 White-label money transfer solutions

5 mins
February 1, 2024
7 White-label money transfer solutions | Machnet Technologies

The world today is rapidly entering its borderless era. Thanks to the internet and the advent of digital technology, we can accomplish almost anything we want from anywhere in the world. This unprecedented level of connectivity has enabled people to work and get paid remotely, order food, pay bills, and even receive and transfer money to and from others around the globe.- all through mobile applications and websites,

White-label solutions are at the epicenter of this borderless revolution, which make life easier and more convenient for companies building these applications without the headaches of compliance regulations. White-label solution providers collaborate with banks, financial institutions, enabling them to provide companies with access to digital wallets, peer-to-peer transfers, prepaid cards, and electronic fund transfers at a fraction of the cost. 

White-label solutions are perfect for companies that operate in their niche market, serving communities that are often overlooked and underserved. They enable businesses to launch mobile apps and websites with user-friendly interfaces that integrate with payment systems worldwide, provide 24/7 support and a transparent user experience without compromising cultural appropriation.   

If you are building a fintech solution, you’ll be glad to know that you can choose from a bunch of all-in-one white-label solutions.Here are a few white-label-providers you might want to know about:


Founded in 2007, a software engineer named Slava Ivashkin, initially built Velmie as a software development company. Seeing the rapid demand of the market for better money transfer solutions, it expanded its service offering with its ownwhite-label solutions for financial institutions and fintech companies in 2019. Velmie’s HQ is in Wilmington, Delaware, and has offices in Lithuania and the United Kingdom. 

Velmie prides itself on having a strong global presence, partnering with over 150 financial institutions in 75 countries, giving you the ability to send money to almost anywhere in the world. They support various payment options including bank transfers, cash pickup, mobile wallets, and payment systems. Their goal is to empower their clients at every stage of their business. Their platform allows you to continuously scale as you go along - allowing you to add and adjust the features and functionalities as your business evolves.

SDK finance

The Lithuania-based white-label solution allows your platform to transact across over 100 countries worldwide, making money transfers convenient for all your end-users. Because of its global coverage, SDK Finance has set up a team of capable individuals ready to support its users worldwide 24/7. They pride themselves in their ability to troubleshoot with you anytime and from anywhere – without having to worry about the safety of your transaction and the security of your finances.


Machnet is a Silicon Valley-based company that found it’s PMF 2020 enabling businesses to make cross-border payments such as remittance, business payments, and bill payments. The company began by focusing on sending money from the US to Nepal. It has grown across different markets over the years, allowing you to transact and send money to many countries worldwide. 

Machnet is consumer-centric. It is one of the few white-label solutions that allow its partners to rebrand the software as their own, helping them drive more brand loyalty, presence, and growth. With this one detail, its users can now see this software as their ‘own product’, helping them generate more users, create a stronger sense of trust, and build brand loyalty among its customers. Machnet is known to be one of the easiest-to-integrate white-label solutions, making adding money transfer services as a revenue stream feel like plug-and-play.


PayTop was founded in 2012 in Paris, France. It’s known for being a mobile and web-based payment account operator offering direct-to-bank money transfer and airtime remittance services as well as multi-currency card services. Paytop is known for its affordable fees and fast transfers to over 150 countries, especially across Europe. Because of its strong sense of community, PayTop raised €4.1 million in Series A funding from Truffle Capital in June 2015. Paytop is quickly becoming Europe’s go-to white-label solution for anything money transfer.


MacroGlobal is a UK-based white-label provider also known as ‘NetRemit.’ This white-label solution supports money transfers to and from at least 100 currencies worldwide. Aside from its comparatively lower transaction fees, they are also known for speedy transactions that don’t take more than 24 hours to complete no matter where you are coming from or sending to. 

NetRemit’s platform is so secure that it’s built with 256-bit encryption and has fraud prevention measures in place. No wonder they claim to be the ‘perfect Cross Border Payment Solution that any financial institution truly deserves.


Another white-label provider you should know about is Cymonz, especially if your company has a strong presence across the Oceania region. Cymonz can practically do anything that US-based white-label solutions can. It’s customizable according to your market needs. It is easy to integrate, making the experience flawless for your customers. They give competitive exchange rates and come with a 24/7 customer support service. 

Cymonz was founded in Christchurch, New Zealand, in 2011 by Simon Lynch, a seasoned financial services and payments technology expert who has also founded and sold two other financial services companies- Currency Online, and Lakros Technologies. With his extensive experience, Cymonz is now used by small to large businesses -including banks, financial institutions, and money transfer companies. The company is headquartered in Christchurch, New Zealand, and has offices in London, UK, and Dubai, UAE.


Keeta was founded in 2019 in Cebu City, Philippines, by 3 friends: Gerald Abao Yuvallos, Mikael Jay Borres, and Celine Lagundi. Keeta is probably the youngest white-label solution provider among the bunch. While remittance in the Philippines is a massive contributor to its economy, money transfer solutions are still quite antiquated where individuals have to line up in front of kiosks to send or receive money from abroad. And as businesses come up with ways to solve this pressing concern, they’re constantly met with struggles posed by regulatory bodies. And that’s where Keeta comes in, a solution for Filipino entrepreneurs who want to challenge the current ecosystem of money transfer in the Philippines.

Keeta is a licensed remittance company with the Bangko Sentral ng Pilipinas (BSP). It is also a member of the Electronic Payments Association of the Philippines (EPAP). Keeta aims to be at par with all the other providers on this list with almost the same functionalities. It’s a quick and easy setup; they aim for low transaction fees and keep the fees transparent to their users. It comes with a 24/7 customer support team. It is a customizable platform that ensures your money and transaction is secure.

When picking a white-label provider, thoroughly evaluate your requirements. All providers offer distinctive features and strengths. Whether it's the global reach and scalability, the customer-centric approach , or destination-focused efficiency, businesses have an array of choices tailored to their goals. From secure transactions to rebranding possibilities, white-label solutions offer a spectrum of advantages.

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