- 15 April 2019
- Posted by: Canberra Innovation Network
- Categories: KILN Incubator, Startup Stories & Profiles
mHITs (pronounced Em-HITS) are the developers behind Rocket Remit, Australia’s leading FinTech mobile remittance pioneer. Founder and CEO Harold Dimpel wanted to build a unique platform that understands the challenges of implementing and operating successful mobile payment and information services and can have the experience and expertise to tailor a solution to your market needs.
“Our aim is to be the world’s leading mobile remittance service. We are already the leader in our region and plan to expand to more countries in the next few months. Ultimately, we want to able to send money anywhere in the world simply by using the mobile number of the recipient to direct the payment. Ironically this technical innovation is available in most emerging markets – our current focus – but is yet to be supported in most OECD countries – we will need to develop it.” – Harold Dimpel
Rocket Remit provides the world’s fastest and simplest way to send money requiring only the mobile number of the recipient to address the payment. Recipients receive funds instantly and automatically receive an SMS notification as funds are immediately credited to their mobile money account in their local currency. The recipient can access the funds instantly and securely from their mobile money account directly or depending upon their region, may also withdraw funds in cash via an agent or ATM.