Nequi vs Remitly
Nequi
nequi.com.co
Remitly
remitly.comSide by side
| Figure | Nequi | Remitly |
|---|---|---|
| Price from | Free | Free |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | — |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| Plans published | 2 | 3 |
| Spec score · Money Transfer Apps | 8.3 (#31) | 9.1 (#2) |
| Mobile platforms | both | The app is available on iOS through the App Store and on Android through Google Play. |
| Recipient methods | wallet | Recipients may receive money by bank account, mobile wallet, cash pickup, mobile money, home delivery, or debit card deposit. |
| Regulatory status | Nequi says it began operating as Nequi S.A. Compañía de Financiamiento on September 1, 2026, as part of Grupo Cibest. | Remitly says it meets regulatory standards worldwide and is licensed as a money transmitter in listed U.S. jurisdictions. |
| Security controls | Nequi says it may temporarily block a card or account after detecting unusual activity and notify the customer through the app or by phone. | Remitly uses multiple security levels and advanced technology to protect transactions and detect unusual activity. |
| Transfer speed | instant | instant |
| Transfer tracking | Yes | Users can follow transfers in real time through the app, website, email, or SMS notifications. |
Plans
Nequi
- Tarjeta Nequi Visa digitalFree
- Tarjeta Nequi Visa física + digital23,200 COP, paid once
Remitly
- Bank depositFree
- Cash pickup$2.99, paid once
- New customer promotional ratePrice not published
In their own words
Remitly
Remitly is a mobile app for sending money internationally, available on Android and iOS. It serves more than 175 countries and offers several ways for recipients to receive funds: bank account, mobile wallet, cash pickup, mobile money, home delivery, or debit card deposit. Senders can pay by bank transfer, debit or credit card, Apple Pay, or Google Pay. Before sending, the app displays the exchange rate, fees, and total cost; exchange rates are variable, and transfer speed is listed as instant. Transfers can be tracked, and recipients do not need to install the app or sign up. The app is free to download, and a free plan is listed. For transfers from the United States to France, bank deposit is free and cash pickup is $2.99, paid once. A new-customer promotional rate applies to the first 1,500.00 USD sent. Sending limits vary by sender and recipient location and apply over 24 hours, 30 days, and 180 days. Remitly says it refunds fees if a transfer is not delivered on time.