What is our Product?
Pangea is a software company enabling consumers a way to send money to anyone from anywhere at any time using the web, mobile and retail.
Problems We Solve For
We solve for Cost & Convenience. Traditional money centers rely on store fronts and agent networks. It’s inefficient and cost-prohibitive to operate. Pangea is a software solution that has no infrastructure or hardware costs. We pass the savings onto consumers.
We play in the global money transfer space. The World Bank states that there are 215+ million migrant workers employed in foreign countries sending over $500+ billion back to their home communities through formal channels. Informal money transfer systems such as Hawala networks double the international remittance estimates.
What Makes us Different
Pangea’s distinctive method uses global prepaid networks to offer money transfer via retail, web and mobile. Our approach surmounts scalability issues that have plagued previous money transfer solutions.
Who We Are
The Pangea team has 30+ years of relevant experience in finance, operations, prepaid, marketing and software development. The team brings startup and operational experience spanning the technology, financial services and media sectors.
Why are we in Chicago?
We are proudly built in Chicago – a city with the talent, start-up community, corporate connections and political will to change the world of money transfer.