Send money home in seconds. Run your chama, stokvel, susu, or mukando on-chain. Pool with your community for the funerals, school fees, and weddings that matter. Remittance is the wedge — the platform is Rounds, Harambee, and an LLM-powered routing engine that reasons over every transaction.
After your first transfer, sending becomes two taps.
Email, password, a photo of your ID, a quick selfie. We use Sumsub — the same identity tool Coinbase uses — and most people are done in under 4 minutes.
Mom in Nairobi, your kid brother in Lagos, the cousin in Accra. Save them once with bank details or mobile money — pull them up in two taps after.
Pick how much, see the exact amount they'll receive in their currency, hit confirm. Money settles on-chain in minutes, lands at local-rail speed.
Transfers acquire the user. Rounds and Harambee retain them. One KYC, one wallet, one trust gradient — expressed through three surfaces, each stickier than the last.
The wedge.
Send money to South Africa, Kenya, Ghana, or Zimbabwe in 3–5 seconds, at 2.5–3.5% all-in. Every transaction is routed by an AI agent that picks the chain (XRPL, Stellar, Polygon, Solana) at the moment you press send.
African corridor average: 8.78%. We're not competing on price — we're winning on it.
See how Transfers work ›Savings circles, codified.
Chamas, stokvels, susus, mukando — codified on Coinbase Base L2. Smart contracts enforce the contributions, randomise the payouts, and ledger every cent for every member to audit.
Eight cousins in a Round don't churn. The network effect is the moat.
See how Rounds work ›Community fundraising.
Funerals, school fees, medical bills, weddings, infrastructure. Pooled in smart contracts, transparent to every contributor, and released to the beneficiary when the campaign closes.
Ubuntu — I am because we are. Built for the Calgary cousin chipping in for a funeral in Bulawayo.
See how Harambee works ›Every transaction is reasoned, not rule-matched.
Most "smart routing" in fintech is a rule table — a static lookup that picks a corridor and a rail and hopes for the best. Coynitt's Routing Intelligence Engine is different. We pair a deterministic TypeScript routing layer with a Claude Sonnet 4.5 agent that reasons over every transaction, in real time, across XRPL, Stellar, Polygon, and Solana.
Per transaction, the agent weighs ten variables: the corridor, real-time FX volatility, chain congestion and gas curves, finality time-to-settlement, sanctions exposure, partner SLA state, time-of-day liquidity windows, recipient bank cut-off times, regulatory constraints, and fallback paths if any rail degrades mid-flight. The result is a routing decision tuned to your transaction — not to last quarter's averages.
The engine is live on Google Cloud Run today. It's the structural cost advantage that lets us win at 2.5–3.5% — and the foundation of the infrastructure product we'll sell to other fintechs in Phase 3.
AI-native fintech in the Anthropic era — not a legacy fintech with a chatbot bolted on.
The difference between Coynitt and a bank wire isn't incremental — it's a different unit of time.
›
≈ 1,440× faster›
≈ 1,440× faster›
≈ 1,440× faster›
≈ 1,440× faster›
≈ 1,440× faster›
≈ 1,440× faster›
Invite-onlyIndicative · Times measured in Coynitt sandbox where launched, projected for future corridors. Updated August 2026.
Most apps hide their FX margin. We don't. The number you see at confirmation is the number that comes out of your wallet.
| Corridor | Recipient gets (mid-market ref.) | Total cost | Settles in |
|---|---|---|---|
| Kenya (KES) | ~26,700 KES | CAD $8.75 | ~5 min |
| Ghana (GHS) | ~2,400 GHS | CAD $8.75 | ~5 min |
| South Africa (ZAR) | ~3,450 ZAR | CAD $8.75 | ~5 min |
| Rwanda (RWF) | ~304,000 RWF | CAD $8.75 | ~5 min |
| Côte d'Ivoire (XOF) | ~118,000 XOF | CAD $8.75 | ~5 min |
| Senegal (XOF) | ~118,000 XOF | CAD $8.75 | ~5 min |
| Zimbabwe (USD) · invite-only | ~207 USD | CAD $8.75 | ~6 min |
$0.99 + 2% of send + a 0.6% FX margin on the converted amount = $8.75 on a $300 send (2.92% all-in). Recipient amounts are indicative, calculated from mid-market reference rates in early August 2026 and shown net of our disclosed margin; the live rate on your quote is what applies. FX margin is disclosed on every quote — not hidden in the exchange rate.
The African diaspora moves approximately US$240B in financial life every year. Wise, Remitly, Western Union, MoneyGram, and Sendwave fight over the US$95B remittance slice. The other US$145B — the chama participation, the stokvel contributions, the susu payouts, the harambee for a sister's wedding — flows through cash, paper notebooks, and informal WhatsApp pools. No rails were ever built for it.
Coynitt is the rails. Transfers acquire the user. Rounds and Harambee retain them. One KYC, one wallet, one trust gradient. We're not competing with Wise on price — we're building the rails Wise can't build because they don't have the community.
Founded in Calgary, incorporated under the Alberta Business Corporations Act, FINTRAC MSB submitted in March 2026. Built by a founder who has lived the problem across three diaspora communities — Zimbabwe, South London Caribbean, and Calgary African — and built every line of the MVP himself.
Coynitt is registered with FINTRAC as a Money Services Business (Foreign Exchange Dealing, Money Transferring, Dealing in Virtual Currencies) — submitted March 13, 2026, pending approval. We operate under a full AML/ATF programme drafted to the PCMLTFA standard: sanctions screening against OFAC, UN, EU, UK, and CCASL lists; 11 transaction-monitoring triggers; STR/LVCTR/EFTR/TPR workflows; five-year record-keeping; Travel Rule readiness. Funds in flight sit in Coynitt-controlled addresses and in smart contracts that Coynitt's systems sign for, and those contracts are open-source and undergoing independent audits ahead of public launch. This is how diaspora fintech earns the right to operate at scale.
Coynitt is designed so customer funds are not used for lending or operating expenses. Money in flight sits in Coynitt-controlled addresses and in smart contracts that Coynitt's systems sign for. Transfers may be delayed or reviewed when required for fraud prevention, sanctions screening, or AML obligations. Those contracts are open-source and undergoing independent audits ahead of public launch.
Wise and Remitly are remittance products. Coynitt is a financial operating system for the African diaspora — transfers are only the wedge. Three things set us apart: the Routing Intelligence Engine, where every transaction is reasoned by an AI agent, not rule-matched to a static route; Rounds, which codify the chama, stokvel, susu, and mukando your community already runs; and Harambee, for the community fundraising the incumbents never built rails for. We're building the rails Wise can't build because they don't have the community.
It's a digital ROSCA — rotating savings and credit association. You and your friends contribute monthly, payouts rotate. Known as Susu, Esusu, Chama, Mukando, Stokvel, Pardner, Sou-Sou, Paluwagan. We put it on-chain so contributions are held by a smart contract and the rotation is enforced by code rather than by one member's word. Coynitt operates that contract: it can pause a circle, and after a 48-hour delay it can withdraw the balance to a Coynitt address.
Nope. You sign in with email and password. We provision a Circle Programmable Wallet under the hood and Coynitt holds the keys to it, so you never see a seed phrase and never deal with gas. To the user, Coynitt feels like Wise. The blockchain is plumbing.
Coynitt Canada Inc. is incorporated under the Alberta Business Corporations Act. Our FINTRAC MSB registration was submitted March 13, 2026 and is pending approval. We operate a full AML/ATF programme drafted to the PCMLTFA standard, with sanctions screening, transaction monitoring, and Travel Rule readiness. We're in sandbox testing and will publish our registration number before opening public access. KYC is handled through Sumsub.
Our FINTRAC MSB registration is submitted and pending approval, and we're running partner sandbox testing. Drop your email and we'll send you an early-access invite the day Coynitt opens — before we tell anyone else.
#BecauseLoveShouldntCostExtra
