Coynitt is the money transfer app we couldn't find on the shelf — so we're building it, in Calgary, for the families we send money to back home.
Most remittance products treat sending money home like a luxury good. Five business days for a wire. Seven percent fees buried in an FX margin you can't see. A 1-800 number that won't tell you why your transfer is "in review" while your mom waits to pay rent.
We're the diaspora. We've sat through that voicemail. So we built something different.
Three load-bearing decisions, none of them cosmetic:
Coynitt Canada Inc. is incorporated in Alberta. Our FINTRAC MSB registration is in review. Our smart contracts are deployed on testnet and undergoing independent audits ahead of public launch. We are currently in sandbox testing and will publish our registration number before opening public money transfer access.
A small Calgary-based team with deep roots across the African diaspora. Engineering, design, compliance, and partnerships — built around the people we're building for.
If you want to talk to us, the fastest way is support or hello@coynitt.ca.