Instant, fee-free remittances for students abroad – send home in seconds.
College students incur high conversion fees and experience delays when using international payment apps to send money home or receive family allowances abroad.
RemiStudent connects directly to student bank accounts and uses optimized Wise API integrations for near-zero fee transfers tailored to small, frequent remittances. Students verify identity via university email for instant approvals and track transfers in real-time. Families receive funds without delays, solving high fees and slow processing common in generic apps.
College students studying abroad who regularly send remittances home or receive family allowances internationally
Exclusive student verification for 0.5% fees (vs 2-5% elsewhere) and campus-specific pickup points.
friendly
One-click signup with university email and ID upload for instant low-fee access.
Send remittances home via Wise API with real-time tracking and notifications.
View transaction history, fees saved, and exchange rates in a simple student-friendly UI.
Get notified when exchange rates hit your target for best-value transfers.
Auto-generate and share proof-of-transfer with family via WhatsApp/email.
Link multiple bank accounts for seamless switching.
Track total remittances and spending insights.
Integrate with student budgeting apps.
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| text | No | |
| university | text | No |
| verified | bool | No |
| created_at | timestamp | No |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| user_id | uuid | No |
| amount | int | No |
| status | text | No |
| fee | int | No |
| created_at | timestamp | No |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| transaction_id | uuid | No |
| name | text | No |
| account_details | text | No |
Relationships:
/api/transactionsInitiate a new transfer
/api/transactionsFetch user transaction history
/api/users/verifyVerify student status
/api/ratesGet current exchange rates
1% fee cap
None
None
| Month | Users | Conversion | MRR | ARR |
|---|---|---|---|---|
| Month 1 | 100 | 3% | $90 | $1,080 |
| Month 6 | 800 | 5% | $1,200 | $14,400 |
College abroad? RemiStudent slashes remittance fees to 0.5% with student verification – instant, secure, simple.
Post in university subreddits like r/NYU, r/UCLA with free Pro trials for first 10 signups; DM international student Facebook groups; offer referral bonuses via student Discord servers.
Reliable transfers
No student discounts or verification
Student-only low fees + faster verification
Cash pickup
High fees for small amounts
Optimized for micro-transfers under $500
Student verification data network for negotiated bank partnerships and lower fees.
Record 6M+ international students post-COVID with rising living costs amplifying fee pain.
Money transmitter licenses
Partner with Wise/Stripe for compliance
API downtime
Fallback providers + caching
Low adoption
Free tier + campus targeting
Success: 70% confirm pain + willingness to pay $30
Success: 100 signups
Success: 50 users week 1
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