Pangea is disrupting the global money transfer space. Every year, over 215 million people send more than $500 billion in money transfers, locally and globally. They rely on traditional money centers, have to commute to a payout location and pay extremely high fees. Pangea has found an innovative way to make money transfer more convenient, cost-effective, and secure. We are a multi-platform offering that includes web, mobile and retail connectivity. Pangea leverages global prepaid networks that power the activation of prepaid products. Through our proprietary integration software, we enable these disparate networks to speak to each other, making money transfer possible across millions of retail locations.
Our international team draws on years of experience across finance, technology and marketing from Cerberus Capital, JP Morgan, Nielsen, Time Warner and Leo Burnett. Pangea launched in September 2012 as one of the eight companies selected to join The Impact Engine, a venture accelerator led by Chuck Templeton, the founder of Open Table (NASDAQ: OPEN). Pangea is funded by The Impact Engine and a number of Angels.