Our Story and Vision
Connecting the world through simplified remittance.
Remit123 is designed for immigrants, international students, seasonal workers, and anyone in Canada who sends money abroad. The platform is fully digital, allowing customers to register, verify their identity, add beneficiaries, send money, and monitor their transfers directly from their mobile device.
Our Company
Remit123 is the operating name of Walcy Inc., a Canadian fintech company incorporated in Toronto, Ontario, in August 2024.
We created Remit123 with one clear objective: to make international money transfers from Canada easier, faster, and more affordable.
Our Mission
We understand that every remittance has a purpose.
It may be helping parents with household expenses, paying a child's tuition, supporting family during an emergency, or simply staying connected with loved ones back home.
Sending money should never be complicated or uncertain. That belief shapes everything we build.
Regulatory Compliance
Walcy Inc. (operating as Remit123) is fully registered as:
FINTRAC
Licensed Money Services Business (MSB) under Canadian law.
Bank of Canada
Payment Service Provider (PSP) for retail payments.
Compliance is a core part of how we operate. Our onboarding and transaction monitoring processes follow robust AML and KYC requirements, helping us maintain a secure and reliable service for every customer.
Our Commitment and Future
At Remit123, we are here for the diaspora today and for generations to come. We are building a remittance platform that customers can rely on every time they need to send money internationally.
As we expand into new corridors and strengthen our partnerships, our focus will remain the same: delivering a service that is transparent, secure, competitively priced, and easy to use.