Founded by industry veterans with 50+ years of combined experience, we're building the future of cross-border payments with transparency, speed, and innovation at our core.
KrosRemit was born from a simple observation: the global payments industry was broken. Traditional banking systems were slow, expensive, and opaque, leaving businesses worldwide frustrated and underserved.
Our founders, Amit Shrimali and Joel Candy, bring over 50 years of combined experience in global finance and payments innovation. Having witnessed firsthand the inefficiencies of legacy systems, they set out to build a modern alternative that would empower businesses to thrive in the global economy.
Today, KrosRemit serves thousands of businesses across 150+ countries, processing millions in cross-border transactions annually. We're not just another payment processor – we're the challenger brand that's reimagining how global finance should work.
To democratize global finance by making cross-border payments as simple, transparent, and affordable as domestic transfers.
A world where businesses of all sizes can seamlessly participate in the global economy without the barriers of slow, expensive traditional banking.
Amit Shrimali is the Founder and Chief Executive Officer of MoneyQ Fintech Solutions and KrosRemit Payments Limited. He brings over 30 years of professional experience across diverse industries including dot-com ventures, advertising, concept selling, and cross-border remittances. Over the past two decades, he has played a pivotal role in building remittance networks and fintech solutions across Africa, the Middle East, Russia, and the CIS countries, with a strong focus on compliance, financial inclusion, and innovation in digital payments.
Joel Candy is the Co-Founder and COO of KrosRemit Payments Limited, with a combined experience of nearly 30 years in banking and cross-border remittances. His career has been strongly focused on the Far East and Oceania markets, where he has built extensive expertise in international payments, correspondent banking, and remittance operations. He brings strategic insight, regulatory knowledge, and operational strength to the company’s leadership team.
Dilip Ratha is a globally recognized expert in international remittances and migration finance. As the world's leading authority on remittance flows, he has advised governments and institutions worldwide on payment system modernization and financial inclusion.
"The future of remittances lies in leveraging technology to reduce costs, increase speed, and improve transparency. KrosRemit's innovative approach represents the next generation of cross-border payment solutions that will benefit businesses and individuals worldwide."
Dilip Ratha has authored numerous publications on remittances and serves as an adviser to the World Bank's Migration and Remittances Unit.
KrosRemit is fully licensed and regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business (MSB). This designation ensures we meet the highest standards of financial regulation and consumer protection.
We employ bank-grade security measures including end-to-end encryption, multi-factor authentication, and comprehensive fraud detection systems. Your data and transactions are protected by industry-leading security protocols.
We maintain full compliance with all applicable regulations in every jurisdiction we operate in. Our compliance team includes former regulators and legal experts who ensure we exceed industry standards.
Your funds are protected through segregated accounts and insurance coverage. We maintain robust systems to ensure your money is safe and available when you need it.
We believe fast payments are fundamental to modern business.
No hidden fees, no surprises. Clear pricing for all services.
Bank-grade security for every transaction we process.
Constantly evolving to meet the changing needs of global business.
Whether you're a business looking to optimize payments or a partner interested in collaboration, we'd love to hear from you.