What is Palremit?
Palremit is a financial technology application (fintech) that provides financial services for our customers.
We provide an infrastructure for our customers to make money transfers and receive funds in fiat and cryptocurrency, store their money, convert to supported currencies on our app—including fiat currencies like Nigerian Naira (NGN), United States Dollar (USD), Kenyan Shilling (KES), European Euro (EUR), and cryptocurrency like Bitcoin ($BTC), Ethereum ($ETH), and Tether ($USDT)—and manage expenses on their accounts.
We’re adding more supported currencies to Palremit’s ecosystem.
- With our Swap feature, we enable customers to exchange fiat and cryptocurrencies and receive payments immediately at the best rates (6% cheaper than other platforms)
- Send and receive fiat and cryptocurrency and manage your funds IN ONE PLACE with your Palremit account.
- Spend with your virtual USD card, and send or receive money from loved ones on the Palremit app. We provide our users with a multi-currency wallet, allowing them to receive funds in multiple currencies.
- Sell off your cryptocurrency assets with ease from third-party exchanges including Binance and KuCoin using your Palremit multi-currency crypto wallets.
- You can withdraw money to your local bank account on Palremit.
- Our Transactions feature allows you to view your transaction history, keep track of your spending, and manage your expenses.
We relieve you of the hassles associated with cross-border payments and foreign exchange. Make foreign exchanges, send and receive payments across borders on the go and from the comfort of your home with zero hidden charges.
Our platform is highly secure, safe, user-friendly, and easy to use. We are a financial technology company, not a bank. However, our licensed banking partners provide banking services. We are also licensed, regulated, and compliant with relevant policies and laws governing all our areas of operation.
You can learn more about getting started and creating your Palremit account here.