Rextie provides an online platform that lets Peruvian individuals and businesses instantly buy and sell US dollars for soles through integrations with all major local banks, offering rates that are typically better than standard bank rates. Transactions are completed within 15 minutes nationwide via a mobile app that handles verification, compliance, and secure fund transfers, and a dedicated business portal supports bulk and recurring exchanges.
Funding
Funding not disclosed
Founders
Product
Problem
Individuals and businesses in Peru often face slow, inconvenient foreign exchange processes that require visiting banks or exchange houses, leading to delayed transactions and limited access to competitive rates.
Solution
Rextie operates an online platform that lets users buy and sell US dollars for Peruvian soles instantly through integrations with all major local banks. The service provides a proprietary exchange rate that is typically more favorable than standard bank rates, and transactions are completed within 15 minutes nationwide. Users access the platform via a mobile app, which handles identity verification, compliance checks, and fund transfers automatically. All operations are secured under ISO 27001 certification, ensuring data protection and transaction integrity. The platform also offers a business solution (Rextie Business) for corporate clients needing larger or recurring currency exchanges.
Target Audience
Primary customers are Peruvian individuals and businesses that need fast, secure, and cost‑effective foreign exchange services.
Features
- Real-time currency exchange with rates calculated against published bank rates, offering exclusive pricing
- Instant interbank transfers completed in 15 minutes across Peru, 30 minutes in Lima and 24 hours to provinces
- Mobile app for both individuals and businesses, supporting seamless buy/sell of USD ↔ PEN
- Integration with all Peruvian banks, eliminating the need for physical visits
- ISO 27001‑certified security infrastructure protecting user data and transactions
- Transparent fee structure with no hidden charges, displayed before each transaction
- Rextie Business portal for corporate clients to manage bulk and scheduled exchanges