Digital Cross-Border Remittance Industry Research Report 2025

Summary

According to APO Research, The global Digital Cross-Border Remittance market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Digital Cross-Border Remittance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Digital Cross-Border Remittance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Digital Cross-Border Remittance is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of Digital Cross-Border Remittance include Western Union (WU), Wise (TransferWise), Zepz (WorldRemit, Sendwave), Remitly, Ria Financial Services (Euronet), PayPal/Xoom, MoneyGram, Flywire and TransferGo, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Digital Cross-Border Remittance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Cross-Border Remittance.
The Digital Cross-Border Remittance market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Digital Cross-Border Remittance market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Digital Cross-Border Remittance Segment by Company

Western Union (WU)
Wise (TransferWise)
Zepz (WorldRemit, Sendwave)
Remitly
Ria Financial Services (Euronet)
PayPal/Xoom
MoneyGram
Flywire
TransferGo
OrbitRemit
Intermex
Azimo
NIUM, Inc (Instarem)
TNG FinTech
Smiles/Digital Wallet Corporation
Small World
Coins.ph
SingX
FlyRemit
Digital Cross-Border Remittance Segment By Provider
Digital Money Transfer Operators
Bank Digital Remittance
Digital Cross-Border Remittance Segment By End User
Personal Customers
Micro and Small Businesses
Digital Cross-Border Remittance Segment By End User
Personal Customers
Micro and Small Businesses
Digital Cross-Border Remittance Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Digital Cross-Border Remittance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Digital Cross-Border Remittance and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Digital Cross-Border Remittance.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Digital Cross-Border Remittance companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Digital Cross-Border Remittance By Provider
2.2.1 Market Value Comparison By Provider (2020 VS 2024 VS 2031)
2.2.2 Digital Money Transfer Operators
2.2.3 Bank Digital Remittance
2.3 Digital Cross-Border Remittance By End User
2.3.1 Market Value Comparison By End User (2020 VS 2024 VS 2031)
2.3.2 Personal Customers
2.3.3 Micro and Small Businesses
2.4 Assumptions and Limitations
3 Digital Cross-Border Remittance Breakdown Data By Provider
3.1 Global Digital Cross-Border Remittance Historic Market Size By Provider (2020-2025)
3.2 Global Digital Cross-Border Remittance Forecasted Market Size By Provider (2026-2031)
4 Digital Cross-Border Remittance Breakdown Data By End User
4.1 Global Digital Cross-Border Remittance Historic Market Size By End User (2020-2025)
4.2 Global Digital Cross-Border Remittance Forecasted Market Size By End User (2026-2031)
5 Global Growth Trends
5.1 Global Digital Cross-Border Remittance Market Perspective (2020-2031)
5.2 Global Digital Cross-Border Remittance Growth Trends by Region
5.2.1 Global Digital Cross-Border Remittance Market Size by Region: 2020 VS 2024 VS 2031
5.2.2 Digital Cross-Border Remittance Historic Market Size by Region (2020-2025)
5.2.3 Digital Cross-Border Remittance Forecasted Market Size by Region (2026-2031)
5.3 Digital Cross-Border Remittance Market Dynamics
5.3.1 Digital Cross-Border Remittance Industry Trends
5.3.2 Digital Cross-Border Remittance Market Drivers
5.3.3 Digital Cross-Border Remittance Market Challenges
5.3.4 Digital Cross-Border Remittance Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Digital Cross-Border Remittance Players by Revenue
6.1.1 Global Top Digital Cross-Border Remittance Players by Revenue (2020-2025)
6.1.2 Global Digital Cross-Border Remittance Revenue Market Share by Players (2020-2025)
6.2 Global Digital Cross-Border Remittance Industry Players Ranking, 2023 VS 2024 VS 2025
6.3 Global Key Players of Digital Cross-Border Remittance Head Office and Area Served
6.4 Global Digital Cross-Border Remittance Players, Product Type & Application
6.5 Global Digital Cross-Border Remittance Manufacturers Established Date
6.6 Global Digital Cross-Border Remittance Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Digital Cross-Border Remittance Market Size (2020-2031)
7.2 North America Digital Cross-Border Remittance Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 North America Digital Cross-Border Remittance Market Size by Country (2020-2025)
7.4 North America Digital Cross-Border Remittance Market Size by Country (2026-2031)
7.5 United States
7.5 United States
7.6 Canada
7.7 Mexico
8 Europe
8.1 Europe Digital Cross-Border Remittance Market Size (2020-2031)
8.2 Europe Digital Cross-Border Remittance Market Growth Rate by Country: 2020 VS 2024 VS 2031
8.3 Europe Digital Cross-Border Remittance Market Size by Country (2020-2025)
8.4 Europe Digital Cross-Border Remittance Market Size by Country (2026-2031)
8.5 Germany
8.6 France
8.7 U.K.
8.8 Italy
8.9 Spain
8.10 Russia
8.11 Netherlands
8.12 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Digital Cross-Border Remittance Market Size (2020-2031)
9.2 Asia-Pacific Digital Cross-Border Remittance Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Asia-Pacific Digital Cross-Border Remittance Market Size by Country (2020-2025)
9.4 Asia-Pacific Digital Cross-Border Remittance Market Size by Country (2026-2031)
9.5 China
9.6 Japan
9.7 South Korea
9.8 India
9.9 Australia
9.10 China Taiwan
9.11 Southeast Asia
10 South America
10.1 South America Digital Cross-Border Remittance Market Size (2020-2031)
10.2 South America Digital Cross-Border Remittance Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 South America Digital Cross-Border Remittance Market Size by Country (2020-2025)
10.4 South America Digital Cross-Border Remittance Market Size by Country (2026-2031)
10.5 Brazil
10.6 Argentina
10.7 Chile
10.8 Colombia
10.9 Peru
11 Middle East & Africa
11.1 Middle East & Africa Digital Cross-Border Remittance Market Size (2020-2031)
11.2 Middle East & Africa Digital Cross-Border Remittance Market Growth Rate by Country: 2020 VS 2024 VS 2031
11.3 Middle East & Africa Digital Cross-Border Remittance Market Size by Country (2020-2025)
11.4 Middle East & Africa Digital Cross-Border Remittance Market Size by Country (2026-2031)
11.5 Saudi Arabia
11.6 Israel
11.7 United Arab Emirates
11.8 Turkey
11.9 Iran
11.10 Egypt
12 Players Profiled
12.1 Western Union (WU)
12.1.1 Western Union (WU) Company Information
12.1.2 Western Union (WU) Business Overview
12.1.3 Western Union (WU) Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.1.4 Western Union (WU) Digital Cross-Border Remittance Product Portfolio
12.1.5 Western Union (WU) Recent Developments
12.2 Wise (TransferWise)
12.2.1 Wise (TransferWise) Company Information
12.2.2 Wise (TransferWise) Business Overview
12.2.3 Wise (TransferWise) Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.2.4 Wise (TransferWise) Digital Cross-Border Remittance Product Portfolio
12.2.5 Wise (TransferWise) Recent Developments
12.3 Zepz (WorldRemit, Sendwave)
12.3.1 Zepz (WorldRemit, Sendwave) Company Information
12.3.2 Zepz (WorldRemit, Sendwave) Business Overview
12.3.3 Zepz (WorldRemit, Sendwave) Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.3.4 Zepz (WorldRemit, Sendwave) Digital Cross-Border Remittance Product Portfolio
12.3.5 Zepz (WorldRemit, Sendwave) Recent Developments
12.4 Remitly
12.4.1 Remitly Company Information
12.4.2 Remitly Business Overview
12.4.3 Remitly Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.4.4 Remitly Digital Cross-Border Remittance Product Portfolio
12.4.5 Remitly Recent Developments
12.5 Ria Financial Services (Euronet)
12.5.1 Ria Financial Services (Euronet) Company Information
12.5.2 Ria Financial Services (Euronet) Business Overview
12.5.3 Ria Financial Services (Euronet) Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.5.4 Ria Financial Services (Euronet) Digital Cross-Border Remittance Product Portfolio
12.5.5 Ria Financial Services (Euronet) Recent Developments
12.6 PayPal/Xoom
12.6.1 PayPal/Xoom Company Information
12.6.2 PayPal/Xoom Business Overview
12.6.3 PayPal/Xoom Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.6.4 PayPal/Xoom Digital Cross-Border Remittance Product Portfolio
12.6.5 PayPal/Xoom Recent Developments
12.7 MoneyGram
12.7.1 MoneyGram Company Information
12.7.2 MoneyGram Business Overview
12.7.3 MoneyGram Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.7.4 MoneyGram Digital Cross-Border Remittance Product Portfolio
12.7.5 MoneyGram Recent Developments
12.8 Flywire
12.8.1 Flywire Company Information
12.8.2 Flywire Business Overview
12.8.3 Flywire Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.8.4 Flywire Digital Cross-Border Remittance Product Portfolio
12.8.5 Flywire Recent Developments
12.9 TransferGo
12.9.1 TransferGo Company Information
12.9.2 TransferGo Business Overview
12.9.3 TransferGo Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.9.4 TransferGo Digital Cross-Border Remittance Product Portfolio
12.9.5 TransferGo Recent Developments
12.10 OrbitRemit
12.10.1 OrbitRemit Company Information
12.10.2 OrbitRemit Business Overview
12.10.3 OrbitRemit Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.10.4 OrbitRemit Digital Cross-Border Remittance Product Portfolio
12.10.5 OrbitRemit Recent Developments
12.11 Intermex
12.11.1 Intermex Company Information
12.11.2 Intermex Business Overview
12.11.3 Intermex Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.11.4 Intermex Digital Cross-Border Remittance Product Portfolio
12.11.5 Intermex Recent Developments
12.12 Azimo
12.12.1 Azimo Company Information
12.12.2 Azimo Business Overview
12.12.3 Azimo Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.12.4 Azimo Digital Cross-Border Remittance Product Portfolio
12.12.5 Azimo Recent Developments
12.13 NIUM, Inc (Instarem)
12.13.1 NIUM, Inc (Instarem) Company Information
12.13.2 NIUM, Inc (Instarem) Business Overview
12.13.3 NIUM, Inc (Instarem) Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.13.4 NIUM, Inc (Instarem) Digital Cross-Border Remittance Product Portfolio
12.13.5 NIUM, Inc (Instarem) Recent Developments
12.14 TNG FinTech
12.14.1 TNG FinTech Company Information
12.14.2 TNG FinTech Business Overview
12.14.3 TNG FinTech Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.14.4 TNG FinTech Digital Cross-Border Remittance Product Portfolio
12.14.5 TNG FinTech Recent Developments
12.15 Smiles/Digital Wallet Corporation
12.15.1 Smiles/Digital Wallet Corporation Company Information
12.15.2 Smiles/Digital Wallet Corporation Business Overview
12.15.3 Smiles/Digital Wallet Corporation Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.15.4 Smiles/Digital Wallet Corporation Digital Cross-Border Remittance Product Portfolio
12.15.5 Smiles/Digital Wallet Corporation Recent Developments
12.16 Small World
12.16.1 Small World Company Information
12.16.2 Small World Business Overview
12.16.3 Small World Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.16.4 Small World Digital Cross-Border Remittance Product Portfolio
12.16.5 Small World Recent Developments
12.17 Coins.ph
12.17.1 Coins.ph Company Information
12.17.2 Coins.ph Business Overview
12.17.3 Coins.ph Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.17.4 Coins.ph Digital Cross-Border Remittance Product Portfolio
12.17.5 Coins.ph Recent Developments
12.18 SingX
12.18.1 SingX Company Information
12.18.2 SingX Business Overview
12.18.3 SingX Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.18.4 SingX Digital Cross-Border Remittance Product Portfolio
12.18.5 SingX Recent Developments
12.19 FlyRemit
12.19.1 FlyRemit Company Information
12.19.2 FlyRemit Business Overview
12.19.3 FlyRemit Revenue in Digital Cross-Border Remittance Business (2020-2025)
12.19.4 FlyRemit Digital Cross-Border Remittance Product Portfolio
12.19.5 FlyRemit Recent Developments
13 Report Conclusion
14 Disclaimer

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