You queued at a counter with banknotes and photo ID. The fee was near ten percent, the rate was whatever the agent said, and the money crawled through correspondent banks for the best part of a week.
Recorded remittances to developing countries pass US$140B — more than double all foreign aid — and almost none of it moves without a clerk and cash.
Complete the form below and visit your nearest agent location with valid government-issued photo ID and cash.
| Destination country | Kenya ▼ |
| Amount (CAD) | 300.00 |
| Transfer fee | CAD 28.50 (9.5%) |
| Exchange rate | contact agent for today's rate |
| Delivery time | 3 – 5 business days |
Transfers acquire the user. Rounds and Harambee retain them. One KYC, one wallet, one trust gradient — three surfaces, each stickier than the last.
Built to send from Canada to Africa — Kenya and Ghana first — in about five minutes, at 2.92% all-in on CA$300. Every transfer routed by an engine that picks the chain the moment you press send.
Chamas, stokvels, susus, mukando — codified on Base L2. Smart contracts enforce contributions, rotate payouts and ledger every cent for every member to audit.
Funerals, school fees, medical bills, weddings. Pooled in smart contracts, transparent to every contributor, released to the beneficiary when the campaign closes.
Most "smart routing" is a lookup table. The RIE weighs corridor, FX volatility, chain congestion, finality, sanctions exposure and partner SLA for this exact transfer — then picks the rail that lands fastest and cheapest.
Coynittlanded · ~5 minThe African diaspora moves about US$240B a year. Wise, Remitly, Western Union and MoneyGram fight over the US$95B remittance slice. The other US$145B — chama contributions, stokvel payouts, the harambee for a sister's wedding — still flows through cash, paper notebooks and WhatsApp pools.
Founded in Calgary, incorporated under the Alberta Business Corporations Act, FINTRAC MSB Approval Pending. Built by a founder who has lived the problem across three diaspora communities — Harare, South London and Calgary.
Most apps hide their FX margin. We don't. The number you see at confirmation is the number that leaves your wallet.
Foreign exchange dealing, money transferring, dealing in virtual currencies. We will not accept customer funds until it is approved.
11 transaction-monitoring triggers, STR/LVCTR/EFTR/TPR workflows, five-year record keeping.
OFAC, UN, EU, UK and CCASL lists, with Travel Rule readiness built in.
Deployed on testnet and undergoing independent audits ahead of public launch.
Our FINTRAC MSB registration is Approval Pending and we're in partner sandbox testing. Leave your email and we'll send an invite the day Coynitt opens — before we tell anyone else.
