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 non-custodial smart contracts, transparent to every contributor, and claimed directly by the beneficiary.
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 — pick a corridor, pick a rail, hope for the best. Ours reasons. A Claude Sonnet 4.5 agent weighs your corridor, live FX, network congestion, sanctions exposure, and settlement cut-offs, then picks the fastest, cheapest rail — XRPL, Stellar, Polygon, or Solana — at the moment you press send.
It's live today. It's why we win on cost. And in Phase 3 it becomes a product we sell to the fintechs we compete with. See how the engine reasons →
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 June 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) | ~28,500 KES | CAD $8.79 | ~5 min |
| Ghana (GHS) | ~3,750 GHS | CAD $8.79 | ~5 min |
| South Africa (ZAR) | ~4,080 ZAR | CAD $8.79 | ~5 min |
| Rwanda (RWF) | ~320,000 RWF | CAD $8.79 | ~5 min |
| Côte d'Ivoire (XOF) | ~133,000 XOF | CAD $8.79 | ~5 min |
| Senegal (XOF) | ~133,000 XOF | CAD $8.79 | ~5 min |
| Zimbabwe (USD) · invite-only | ~219 USD | CAD $8.79 | ~6 min |
$0.99 + 2% of send + 0.6% FX margin = $8.79 on a $300 send (2.93% all-in). FX margin is disclosed on every quote — not hidden in the exchange rate.
The African diaspora moves roughly US$240B in financial life every year. The incumbents — Wise, Remitly, Western Union — fight over the ~US$95B remittance slice. The other ~US$145B — chamas, stokvels, susus, the harambee for a sister's wedding — still moves through cash, notebooks, and WhatsApp. No one ever built rails for it.
Coynitt is those rails. Transfers bring you in; Rounds and Harambee keep you. One KYC, one wallet, one relationship. We're not competing with Wise on price — we're building the rails Wise can't, because they don't have the community. Read our story →
FINTRAC MSB application — submitted March 2026, pending approval. Coynitt has applied for Money Services Business registration across foreign-exchange dealing, money transferring, and virtual-currency dealing. We run a full AML/ATF programme built to the PCMLTFA standard, and our non-custodial architecture means we never take possession of your funds.
The full compliance posture — sanctions screening, transaction-monitoring triggers, and reporting workflows — is on our security & compliance page →.
Coynitt is designed so customer funds are not used for lending or operating expenses. Transfers may still be delayed or reviewed when required for fraud prevention, sanctions screening, or AML obligations. The smart contracts that hold transfers in flight 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 — not by trusting one organizer.
Nope. You sign in with email and password. We provision a Circle Programmable Wallet under the hood — you never see a seed phrase, 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
