Woman smiling

How to start a money app for your diaspora community

By SendPay Business · · 2 min read

Money on its way
  1. Pick who to pay and type the amount
  2. Tap send and it is on its way
  3. It lands in their account

Diaspora communities move a lot of money: supporting family, paying for events, saving together and running small businesses. Many rely on big banks that don't know them, or informal networks. Someone trusted inside the community can offer a money app that speaks their language and fits how they already handle money.

What members often want

  • An account they can open quickly on their phone.
  • Cheap, fast ways to pay each other and local businesses.
  • Clear fees when money is exchanged between currencies.
  • Support from people who understand their community.
Man in a suit on the phone at a desk

Why trust spreads fast

Communities share recommendations through places of worship, WhatsApp groups, associations and local shops. If early members have a good experience, word of mouth can do much of your marketing for you.

Try it

Name your platform and watch it come to life

Type a name, tap a colour and pick what it does. The phone changes as you go.

Colour

What it does

Build mine

Design and preview your whole platform free, then launch when you are ready.

Check the rules first

Moving money is regulated. Sending money to another country, or paying out in a currency your provider doesn't support, may need a separate licensed money transfer partner. Check exactly which countries and currencies your set-up covers before you promise anything to members.

Developers at work

Where SendPay fits

SendPay platforms give your members GBP, EUR and USD accounts, transfers and branded Visa cards under your own brand, powered by licensed partners. SendPay isn't a bank, doesn't offer lending and doesn't pay out in other currencies.

Man in a light blue suit with glasses

How it works

Your own money app
  1. Name it and pick your colours
  2. Choose what it does
  3. Launch when you are ready

Why sign up

Create your free SendPay account

It's all about creating your own financial platform with ease. Start with a free account today.

  • A free business accountOpen it in about a minute with your business name, email, password and mobile. No card and no documents to start.
  • Get paid from day oneTake card payments, and share your own payment link and invoices so customers pay in a click.
  • A free business websiteFree to build, free to publish and free to keep, with unlimited visits.
  • Your own financial platformDesign and preview your whole platform free, then launch when you are ready.

SendPay Business is a technology company, not a bank. Accounts, cards and payments are powered by licensed partners.

Questions people ask

How do I plan a savings circle?

Work out the pot, the date of every turn and what your turn means.

Savings circle calculator →
What is a remittance?

Money sent by someone working abroad to family or friends back home.

Remittances →
What is a multi-currency account?

An account that holds several currencies in one place.

Multi-currency accounts →
What is a white-label fintech platform?

Ready-made finance software you run under your own brand.

White-label fintech →

Read next

Spotted a mistake or something out of date? and we'll fix it. How our guides are made

This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. Other companies named in this guide are reference points only and are not affiliated with SendPay Business.