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Top Money Transfer Companies in Canada

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60 companies for Money Transfer in Canada

MTFX's Logo

MTFX

Markham, Canada

A

51-100 Employees

1996

Key takeaway

MTFX is a global provider of secure international money transfers, offering incredibly competitive exchange rates and low transfer fees. They support payments to over 140 countries and provide various transfer options, including same-day and international wire transfers, ensuring fast, simple, and secure ways to send money internationally.

Reference

Core business

MTFX Group - Foreign exchange and global payment solutions

You can get more information about MTFX is a global provider of secure, international money transfers. Read about our background and why we're the experts in this.

Mercury Mercantile Technologies Inc's Logo

Mercury Mercantile Technologies Inc

Old Toronto, Canada

A

1-10 Employees

2013

Key takeaway

M2Tech specializes in providing fintechs and financial services with a technology platform and payment rails that enable fast and low-cost cross-border money transfer services, making it a key player in the remittances market.

Reference

Core business

M2Tech – Mercury Mercantile Technologies

JUST WALLET's Logo

JUST WALLET

Old Toronto, Canada

A

1-10 Employees

2016

Key takeaway

Just Wallet is dedicated to transforming the money transfer landscape by providing secure, cost-effective, and instant solutions for both the banked and unbanked. Leveraging blockchain and Web3 technology, their platform enables seamless international transactions across 55 countries and 47 currencies, ensuring a transparent and efficient experience for users.

Reference

Core business

Just Wallet

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YallaXash Finance Ltd.'s Logo

YallaXash Finance Ltd.

Montreal, Canada

A

1-10 Employees

2017

Key takeaway

YallaXash is a user-friendly money transfer service that allows you to send money to family in just 30 seconds, making it a convenient option for those in the USA, Canada, and Morocco. With transparent fees and a focus on providing more value for families, clients appreciate the speed and reliability of their transfers.

Reference

Core business

Yalla Xash - Send more value

YallaXash website

MUUV's Logo

MUUV

Mississauga, Canada

A

11-50 Employees

-

Key takeaway

MoneyMoov is a fintech company that offers innovative payment solutions, including peer-to-peer (P2P) and business-to-consumer (B2C) transfers. Their advanced technology facilitates secure transactions and enhances the user experience, making it easier for consumers and businesses to manage their payments in a connected marketplace.

Reference

Core business

Redefining Payments in the Millennial Age | MoneyMoov

Leading the movement to rapidly shift the way consumers do financial services and payments to a highly secure portable mobile platform

Apaylo Finance Technology Inc.'s Logo

Apaylo Finance Technology Inc.

Vaughan, Canada

A

1-10 Employees

2019

Key takeaway

Apaylo is revolutionizing the payments landscape for e-commerce merchants in Canada by offering innovative solutions such as Electronic Funds Transfer, Email Transfer, and Bill Payment. Their commitment to personalized support and a robust payments-as-a-service platform ensures a seamless and secure transaction experience.

Reference

Core business

Payment Service Provider | Electronic Payments API | Canada

Payment service provider API in Canada. EFT, EMT, and Bill Pay. Robust payments-as-a-service platform. Getting Paid. Period

Shift Connect Ltd.'s Logo

Shift Connect Ltd.

Calgary, Canada

A

51-100 Employees

2006

Key takeaway

Shift Connect specializes in global money transfers and international payment processing, providing solutions for both corporate and private clients to facilitate international transactions, pay staff abroad, and receive payments in multiple currencies. Their expertise in foreign exchange and global payments ensures clients can effectively expand into the global marketplace.

Reference

Service

Our Services

BrainStorm Network Inc.'s Logo

BrainStorm Network Inc.

Laval, Canada

A

11-50 Employees

2005

Key takeaway

OneProvider is a Canadian company that offers a wide range of online solutions, emphasizing simplicity and growth.

Reference

Core business

OneProvider - Worldwide Hosting Solutions

Money Direct's Logo

Money Direct

Sydney, Canada

A

1-10 Employees

-

Key takeaway

Money Direct is dedicated to being your trusted money service store, offering efficient money transfer services as an agent for MoneyGram. Their friendly customer service team assists customers in sending and receiving money from over 200 countries, making it a convenient option for helping family and friends in other cities.

Reference

Service

MONEY TRANSFERS & ORDERS - moneydirectstore

MONEY TRANSFERS & ORDERS Money Direct is an agent for MoneyGram. Our friendly customer service team will help you send or receive money from over 200 countries worldwide. Money Transfers are a great way to help out family and friends in other cities. Money Direct also offers MoneyGram Money Orders. A fast and convenient way … Continue reading "MONEY TRANSFERS & ORDERS"

Payline Financial's Logo

Payline Financial

Victoria, Canada

A

11-50 Employees

-

Key takeaway

The company specializes in foreign exchange and international payment solutions, offering safe and secure money transfer services for both personal and business needs. With over two decades of expertise and a commitment to customer satisfaction, they provide customized payment options and 24/7 online access to manage transactions efficiently.

Reference

Core business

Main_Personal_Business_LandingPage | Payline |


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Information about Money Transfer in Canada

When exploring the Money Transfer industry in Canada, several key considerations come into play. Regulatory compliance is paramount, as financial services in Canada are governed by stringent laws, including the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, which mandates that companies adhere to strict anti-money laundering (AML) protocols. Understanding these regulations is crucial for any business operating in this space. Additionally, the competitive landscape is dynamic, with both traditional banks and innovative fintech companies vying for market share. This creates opportunities for new entrants who can leverage technology to provide faster, more efficient services at lower costs. However, challenges such as currency fluctuations and fluctuating consumer demand can impact profitability. Environmental concerns are also emerging as a consideration, as companies increasingly seek sustainable practices in their operations. Moreover, Canada's position in the global market makes it essential for businesses to stay informed about international money transfer trends and technologies, such as blockchain and digital currencies. Being aware of these factors not only aids in identifying potential partners and clients but also helps in crafting strategies to navigate the complexities of the industry effectively.


Insights about the Money Transfer results above

Some interesting numbers and facts about your company results for Money Transfer

Country with most fitting companiesCanada
Amount of fitting manufacturers114
Amount of suitable service providers104
Average amount of employees11-50
Oldest suiting company1996
Youngest suiting company2019

Frequently asked questions (FAQ) about Money Transfer Companies

Some interesting questions that has been asked about the results you have just received for Money Transfer

Based on our calculations related technologies to Money Transfer are Education, Engineering Services, IT & Technology Services, Healthcare Services, Consulting

The most represented industries which are working in Money Transfer are Finance and Insurance, IT, Software and Services, Other, Logistics, Supply Chain and Transportation, Marketing Services

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Money Transfer results by various countries

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