Planet9
Send-now-pay-later remittance and loan services for migrants.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | $400k | Seed | |
| Total Funding | 000k | ||
Planet9 is a UAE-based financial technology platform offering 'Send Now, Pay Later' (SNPL) services specifically for migrants and their families. The core service allows users to send money internationally without bearing the upfront cost, providing flexibility through various repayment options. This model transforms traditional remittances into immediate financial opportunities.
The platform provides instant money transfers and quick loans, facilitated through partnerships with established banking institutions. It emphasizes security and reliability by using modern security measures to protect user funds. Planet9 aims to deliver low-cost transfers with affordable fixed fees to key remittance corridors, including the Philippines, India, Bangladesh, Pakistan, and Nigeria.
Users can access the services through an app, which supports digital registration via UAE PASS, eliminating the need to visit a physical branch. The company is currently operating on a waitlist basis for early access to its integrated loan and money transfer services.
Keywords: Send Now Pay Later, SNPL, remittance services, migrant financial services, international money transfer, flexible loans, financial inclusion, UAE fintech, cross-border payments, digital remittances, mobile payments, financial empowerment, expatriate services, UAE PASS integration, low-cost transfers, money transfer app
