Filipino-led digital remittance firm BCRemit has expanded its footprint to 23 countries and unveiled a roadmap to provide cross-border payment solutions for small businesses and freelancers beyond its original Filipino customer base.
The company announced it will move past its core retail remittance roots to target major migrant markets including India, Mexico and China.
BCRemit founder and chief executive Oliver Calma said the expansion aims to prove that Filipino-led innovation can offer transformative global solutions.
“Our mission has always been to show that Filipino-led innovation can offer transformative solutions to the world. By expanding our services beyond our core community, we aim to serve as a global financial partner built on Filipino values ready to serve the world’s most dynamic economies,” Calma said.
The firm plans to launch a new QR-payment collection feature in early 2026 through a partnership with Coins.ph. The tool is designed to streamline outbound remittances from the Philippines, supporting a remittance economy that reached $2.91 billion in November 2025.
To lower costs, BCRemit is utilizing blockchain technology and USDC stablecoins through a strategic partnership with Circle Internet Financial. This infrastructure has reduced transaction fees to approximately 1 percent, compared to the global average of 6.4 percent, while enabling near-instant settlements instead of the 3 to 5 day delays common in traditional banking.
Since its inception, the platform has processed more than 1,000,000 transactions with a total value exceeding $600 million. The company’s long-term vision involves evolving into an all-in-one financial platform that offers loans, e-wallets and investment products.
Established in 2015 by Calma and his son, the company was born from personal experience with the delays of sending money home as overseas workers. BCRemit Co-Founder and Director Gio Calma said the company remains focused on creating a trusted financial gateway for the 10.8 million overseas Filipinos.
“We saw firsthand the impact of financial delays on our own family growing up, and that drives our commitment to innovation today,” Calma said.
“We understand that for our customers, remittances aren’t just transactions, they’re a lifeline,” said Calma.
The company operates under the regulatory oversight of the Bangko Sentral ng Pilipinas, the UK’s Financial Conduct Authority, the Bank of Canada and the Banco de España..
