Delhi, June 2 : Higlobe and Unocoin announced today a strategic partnership to launch a new money transfer rail between the U.S. and India. This solution delivers a guaranteed lowest-cost money transfer service targeting individuals, freelancers, remote employees, and contractors in India. The service features no transfer fees or foreign exchange markup, making it the first to deliver funds entirely free of charge.
By utilizing the latest technology, Higlobe ensures that funds are delivered to recipients’ bank accounts in India within hours, if not minutes. Higlobe pioneered cross-border fund movements working with local partners. Higlobe manages the U.S. side of the transaction while collaborating with regulated local partners to deliver funds directly to users’ banks in their home jurisdictions.
Long recognized as a leader in Indian fintech, Unocoin has established a secure and compliant ecosystem for millions of users. Unocoin was a natural partner for Higlobe, and together they have developed this new payments service. By focusing on financial inclusion, Unocoin serves as a vital bridge for Indian professionals and individuals, helping users integrate global financial opportunities into their local economy.
This alliance allows Unocoin users to easily integrate a Higlobe account into their existing workflow. Users can receive USD and convert it to INR with our guaranteed lowest cost, delivered directly to bank accounts in India. This ensures the best possible market rates for every transfer, while maintaining full compliance in the U.S. via Higlobe and in India via Unocoin.
This service provides a significantly better experience for our Indian users receiving USD,” said Sathvik Vishwanath, CEO of Unocoin. “We are stripping away hidden fees so the Indian market can fully benefit from global opportunities.”
Teymour H. Farman-Farmaian, CEO of Higlobe, added:
“Borders should not dictate economic opportunity. Partnering with Unocoin brings our guaranteed lowest cost to India’s vibrant professional community, helping them retain a greater share of their hard-earned income.”