Miami, Nov 10, 2023

TeleGiro, a leading fintech dedicated to financial inclusion for the Hispanic Community, has joined forces with Transfast Europe Company, a prominent money transfer with over 20 years of international cross-border experience. This collaboration aims to unlock new opportunities for individuals and businesses across 17 Latin American countries.

With a commitment to safe, fast, and low-cost remittances, TeleGiro will leverage Transfast’s extensive payout network to facilitate efficient money transfers in key LATAM markets, including Nicaragua, The Dominican Republic, Honduras, and Guatemala, among others. This expansion is poised to enhance convenience and accessibility for customers engaged in cross-border transactions.

The partnership comes at a pivotal time as the remittance market in Latin America and the Caribbean is estimated to have reached $142 billion in 2022. TeleGiro’s strategic alliance with Transfast positions the company for significant success in the growing region, attracting attention from industry players and investors alike.

The partnership between TeleGiro, and Transfast is a testament to their shared vision of providing secure, fast, and affordable remittance services. This collaboration marks a significant milestone for TeleGiro as it expands its reach and solidifies its position as a leading provider of remittance solutions in the region.

About TeleGiro. (TG) focuses on fostering financial inclusion and education within the Hispanic community in the USA, providing seamless onboarding to open a bank account or send international cross-border payments, and remittances to over 17 LATAM countries. The company empowers individuals by simplifying the process of sending funds home and assisting in building credit through cutting-edge credit products.

About Transfast. (TF) Europe Company, with over two decades of experience, specializes in correspondent services, agent networks, and digital solutions for businesses and consumers. Operating in more than 25,000 locations across 30 corridors and supporting 32 types of currencies, Transfast has forged over 60 partnerships in LATAM and Africa.

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