Neema was born to provide migrant workers with financial freedom, regardless of where they are or where they came from. In addition to multi currency account and international Visa card, our apps (iOS & Android) allow customers to transact with bank accounts, mobile wallets, and cash pickup locations across the globe.
Leveraging our years' of experience and network all over the world, we developed a proprietary API for sending money overseas.
- Moshe Kimhi
- moshe@getneema.com
- Tel Aviv
- https://getneema.com
Migrant workers have historically relied on legacy remittance services such as Western Union or MoneyGram to send their income back home to sustain their families. The costs of these services often surpassed 10% of the total amount sent and required standing in line for several hours to deposit and then provide remittance information.
The digitalisation of bank to bank communications via more and more sophisticated APIs and large scale adoption of smartphones has allowed Neema to offer digital accounts to customers and build out for them the possibility to transfer money internationally without the hassle of opening a bank account in a foreign country.
As such, Neema handles the entire KYC (know your customer) process and AML (Anti money laundering) requirements on behalf of the customer.
Through our apps customers can send money to bank accounts, mobile wallets, and cash pickup locations across the globe.
In addition, our customers benefit with a multi currency account with international Visa card.
Lately, our expertise and international network has matured into a reliable API, and we have entered the processing and global payments space by offering B2B solutions to allow business customers and other financial services to send money via API.
Our specialty lies in emerging economies and hard to reach destinations, Neema handles the various hurdles of high cost, low speed, unclear status and unscalable legacy solutions with an easy-to-use API and user friendly web-based portals.