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Remittances without cash or fees1-10 Employees
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Remittances without cash or fees
Netero is the free international money transfer service that allows its customers to send *store credit* or *phone credit* to their loved ones at any retailer or mobile phone service provider in our international partner network. Our customers can now give their family and friends access to the goods and services they need the most, without sending cash!

This technology-based solution disrupts an archaic process of sending money across borders dominated by expensive, low-technology solutions like MoneyGram and Western Union.

Netero offers its customers:
- No transfer fees
- Market exchange rates
- Funds sent to retailers you know and trust
- Funds are spent by your family and friends as you intended
- Safer than sending cash

Netero will launch service between the US and Mexico in July, 2014 and expand to other Spanish-speaking Central and South American countries throughout 2015 (Guatemala, El Salvador, Honduras, Colombia, Ecuador, among others).
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Steven Riskey
Avatar for Steven Riskey
Founder Netero, Inc. • Strong business background (IRI, Goldman Sachs, Lionstone Group) • Entrepreneurial successes (Strop) • Studied at Stanford GSB and Emory
Ricardo Vargas-Lugo
Avatar for Ricardo Vargas-Lugo
Founder @Netero . • International work experience at @Microsoft, @Apple , and @Siemens • MBA @Stanford Graduate School of Business
Total raised

$150K

Funded over

1 round

Latest round

Sep 2014

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