MoneyHop
Dehradun, IN · Founded 2018 · 54 employees on LinkedIn · 2 known investors
moneyHOP provides international money transfer services for individuals, operating in the cross-border remittance and fintech space.
Also known as HOPRemit · moneyHOP
Investors · 2
Company profile
researched Aug 2026moneyHOP operates a digital cross-border money transfer and neo-banking platform aimed at individuals sending funds internationally. Its consumer remittance product, HOPRemit, lets users compare indicative exchange rates, initiate transfers in corridors such as INR to GBP and USD to INR, track transactions in real time, and apply discounts via an in-product loyalty mechanism called HOP Coins. The company presents fees as included in the quoted receive amount and states that displayed rates are indicative and include margins from both moneyHOP and its processing partners.
Beyond direct-to-consumer transfers, moneyHOP offers a portal for remittance agents and consultants to execute outbound transfers on behalf of clients, and a Remittance-as-a-Service (RaaS) offering that exposes its remittance capability to third-party platforms through APIs. The platform emphasises a fully digital, paperless process, two-factor authentication, regulatory compliance, and refunds on unsuccessful transactions. The company also publishes a blog covering international transfer costs, personal finance and global currency market topics.
Business model
moneyHOP intermediates cross-border payments, quoting exchange rates that include margins earned by moneyHOP and its processing partners, alongside stated transfer fees embedded in the receive amount. It also distributes its remittance capability indirectly through an agent/consultant portal and an API-based Remittance-as-a-Service product for other platforms.
Revenue is derived from foreign exchange margins built into the quoted rates and transfer fees included in the transaction amount; the RaaS and agent channels extend this to partner-originated volume.
Traction
The website reports over ₹4,000 crore in cumulative remitted volume, more than 50,000 transactions and over 60,000 customers, along with a Google Reviews rating above 4.5.
Latest developments
The company promotes HOPRemit for consumer transfers, a remittance agent partner portal, and a Remittance-as-a-Service API product, and highlights an award as Best Product Startup of the Year.
▸Full profile — market position, technology, go-to-market, geography
Market position
A cross-border neo-banking and remittance provider serving India-linked transfer corridors, operating both a consumer brand and B2B distribution channels; it states it received an award for Best Product Startup of the Year.
Positions on competitive exchange rates with no hidden costs, a fully digital and paperless process, real-time tracking, immediate refunds on failed transactions, and the combination of consumer remittance with agent portal and API-based Remittance-as-a-Service channels.
Technology
A digital, paperless transfer platform with live rate quoting, real-time transaction tracking, two-factor authentication, and APIs enabling third parties to embed remittance functionality.
Go-to-market
Direct online and app-based acquisition supported by customer reviews, first-time-user discount coupons and a HOP Coins incentive, complemented by a partner programme for remittance agents and API-led distribution through RaaS partners; the company also runs content marketing via a blog and publicises media mentions and press releases.
Individuals remitting money across borders, including families sending funds to relatives and students studying abroad, plus remittance agents/consultants and platforms seeking to offer remittance services to their own users.
Geography
Headquartered in Dehradun, India, with transfer corridors involving India, the United Kingdom and the United States referenced in its product and customer feedback; one review describes it as a currency exchange service available locally in Dehradun.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 5
by search overlap
Companies competing with MoneyHop for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 1
launches, deals, and filingsThe company states it was awarded Best Product Startup of the Year.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 1
primary sources listed
- MoneyHopmoneyhop.co · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does MoneyHop do?
- moneyHOP is an India-based cross-border neo-banking platform for international money transfers by individuals and partners.
- Who are MoneyHop's investors?
- MoneyHop's investors include Flucas Ventures, Kube VC.
- Where is MoneyHop headquartered?
- MoneyHop is headquartered in Dehradun, IN.