# Oneremit > Breaking barriers in global finance Spark Tech Hub is a Canadian fintech company that builds cross-border payment infrastructure. It powers platforms used by businesses and individuals to send international payments and manage multi-currency treasury operations. Spark Tech Hub is a Canadian fintech company classified as a payments infrastructure provider, building cross-border payment rails for businesses and individuals. It operates platforms that move money internationally, combining traditional payment rails with stablecoin-enabled liquidity to support transfers between different regions and currencies. The company is registered as a money services business and serves commercial clients handling recurring international payment flows. The company addresses the friction and cost of moving money across borders, particularly for corridors where traditional banking rails are slow or expensive. Its infrastructure combines multi-currency treasury tools, compliance and risk monitoring, and settlement services so that payments can clear faster than conventional bank transfers. Payments are settled using a mix of local payout partnerships and stablecoin-based liquidity to reduce reliance on traditional currency sourcing. Its flagship platform, Oneremit, supports business-to-business payments such as vendor settlements, invoice payments, and procurement disbursements across multiple countries and currencies. A related product, Nexus, focuses on international tuition payments, letting students and sponsors pay school fees abroad with published exchange rates. These platforms are used by businesses across sectors such as trade, manufacturing, logistics, and professional services, as well as individuals and families sending payments internationally. - Type: Company - Sector: Payments - Status: Active - Founded: 2019-12-29 - Profile: https://thegrid.id/profiles/oneremit ## Products - [Oneremit](https://thegrid.id/profiles/oneremit): Oneremit is a business-to-business cross-border payment platform that lets companies send and receive international payments in multiple currencies. It provides transparent foreign-exchange rates, same-day or instant settlement depending on corridor, and beneficiary management with real-time transfer tracking. The platform serves small and medium businesses and large corporates making regular international payments such as suppliers, partners, or tuition fees, with built-in compliance controls. A personal remittance offering is in a waitlist stage ahead of public launch. (Peer to Peer & Remittance, Live, Main Product) - [Nexus by Oneremit](https://thegrid.id/profiles/oneremit): Nexus by Oneremit is a tuition-payment platform that lets international students, parents, and sponsors pay school fees abroad. It converts local currency to the destination currency at quoted foreign-exchange rates, provides an instant cost breakdown and estimated delivery time, and lets users upload required documents directly within the flow. Payments are tracked in real time until funds are confirmed delivered to the receiving institution. The product operates on its own domain and signup flow, separate from the business-facing Oneremit platform. (Live) ## Links - [Main](https://oneremit.co) - [Privacy policy](https://oneremit.co/privacy) - [Terms of Service](https://oneremit.co/terms) - [Blog](https://oneremit.co/blog) - [Substack](https://oneremit.substack.com) - [LinkedIn](https://linkedin.com/company/oneremit) - [Twitter / X](https://x.com/oneremit_) - [Instagram](https://instagram.com/oneremit_) - [Facebook](https://facebook.com/share/185HbY6dL6) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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