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Fintech  
Sentbe (Blockchain-based international money transfer service)

Sentbe is developing an international money transfer service that is cheaper, faster, and simpler. The international remittance market is a massive one — in Korea alone, annual transaction volume reaches KRW 40 trillion. Yet the bank-dominated segment that accounts for the majority of this market is expensive, slow, and cumbersome. By leveraging Bitcoin to build a new international remittance service, Sentbe has eliminated the intermediate steps — the sending bank, correspondent bank, and receiving bank — enabling users to enjoy a cheaper, faster, and simpler overseas transfer experience.

Category
Fintech
Status
Exit
Founded
2015
Location
Korea
CEO
Choi Sung-wook
Batch
6
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