Find stats on top websites

Major Markets

United States flagUnited States
United Kingdom flagUnited Kingdom
European Union flagEuropean Union

Select a competitor

Remitly

Xoom (A PayPal Service)

Revolut

Top Marketing Channels

Remitly

  • Social Media Marketing
  • Examples: Facebook, Instagram, YouTube
  • Campaigns: Send Money to India, Remitly for Family, Holiday Transfer Deals
  • Content Marketing
  • Examples: Blog posts on remittance tips, Customer success stories, FAQ sections
  • Campaigns: Understand Exchange Rates, Secure Your Transfer, Remitly Blog Series
  • Affiliate Marketing
  • Examples: Partnerships with financial bloggers, Comparison websites, Influencer collaborations
  • Campaigns: Refer a Friend Program, Best Remittance Rates, Partner Exclusive Offers

Top Sales Channels

  • Mobile App Sales
  • In-app transfer initiation, Push notifications for deals, Saved recipient profiles
  • First Transfer Free, App Exclusive Rates, Easy Repeat Transfers
  • Website Direct Sales
  • Online money transfer portal, Rate calculator, New user sign-up flow
  • Website Welcome Bonus, Low Fee Guarantee, International Transfer Promotion
  • Customer Support Assisted Sales
  • Live chat support, Phone support, Email assistance for transfers
  • Guided Transfer Process, 24/7 Support for Your Transfer, Dedicated Customer Service

Wise SWOT Analysis

Strengths

Strong focus on remittance services

user-friendly mobile app

competitive exchange rates for specific corridors

wide network of payout locations.

Weaknesses

Limited advanced banking features compared to multi-currency platforms

primarily focused on consumer remittances

less emphasis on business solutions.

Opportunities

Expand into new remittance corridors

enhance financial literacy content

explore partnerships with local payment methods in emerging markets.

Threats

Intense competition from other remittance providers and fintechs

evolving regulatory landscape

potential for disintermediation by direct bank transfers or blockchain solutions.

Transform Your Ideas into Action in Minutes with WaxWing

Sign up now and unleash the power of AI for your business growth