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Remittance comparison

Remitly vs Sendwave: which is right for you?

Two diaspora-focused remittance apps with similar product fits. Remitly has stronger US-side onboarding and bonus structures; Sendwave has cleaner zero-fee pricing on the day-to-day flow. Most Kenyans pick based on which one they happened to install first.

Remitly

remittance

A US-founded remittance app with fast delivery and aggressive first-transfer promos.

Sendwave

remittance

A zero-fee app for diaspora-to-Africa transfers, with M-PESA-first delivery.

Which is better for what

Quick guide by use case. Pick the row that matches your situation.

For a first-time user looking for a promo

Remitly's first-transfer bonuses are bigger than Sendwave's in most major corridors.

Remitly

For consistent monthly remittance

Sendwave's zero-fee flow beats Remitly's standard pricing once promos expire.

Sendwave

For an urgent same-minute transfer

Remitly's express option is the fastest of the two on most corridors.

Remitly

For tight FX margins on £1,000+

Sendwave's FX margin is generally tighter than Remitly's.

Sendwave

At a glance

RemitlySendwave
Sectorremittanceremittance

Common questions

Do both deliver to M-PESA?

Yes. Both Remitly and Sendwave deliver directly to M-PESA wallets in Kenya.

Which is cheaper for monthly £200 transfers?

Sendwave's consistent zero-fee model usually wins over a year. Remitly is competitive in the first month thanks to promos.

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