SendSprint, by ex-Flutterwave executive, hits market with $5 flat fee for all international money transfers

SendSprint, a money transfer startup based in the UK but with operations in the US and Nigeria, has been launched today with the unique selling point of a $5 flat fee for all transfers.
The fintech will in the first 18 months target 300,000 of the 1.7 million Africans in the UK, and grow from there to the US and Canada. It enters a remittance market that is dominated by industry veterans Western Union and MoneyGram, and the relatively new fintechs like Zepz (formerly WorldRemit), Remitly and Wise.
It is, however, its flat-fee value proposition across all transactions that might give it an edge

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