Mitu is the everyday financial account designed for people who send money across borders, spend like a local in any city, and travel between continents as part of normal life. We build for the way money actually moves between Africa, Latin America, and the rest of the world.
For hundreds of millions of people, daily life now spans multiple countries. Family obligations sit in one place, work and study in another, and the regular trips back home connect the two. Traditional banking was not designed for that reality. International transfers are slow, exchange rates hide costly markups, and basic essentials like mobile data abroad remain disproportionately expensive.
Mitu is the everyday financial home that we believe this life deserves. From a single balance, members can send money internationally, spend in any local currency, plan their travel, and stay connected the moment they arrive. We have focused our first chapter on Africa and Latin America because that is where the gap between how people live and how banks operate is widest.
Whether the recipient is family, a landlord, a school, or a vendor, Mitu transfers settle on the local payment rails of the destination country, typically within minutes, and at the real mid-market exchange rate plus one clearly disclosed fee.
Members can build itineraries that hold flights, stays, restaurants, and the places they want to visit, and they can pay every vendor in the local currency from the same balance they spend on at home. The work of organizing a trip stops feeling like a second job.
Weddings, naming ceremonies, funerals, birthdays, and family reunions are often funded by relatives spread across several countries. Members can create an event, share it with guests anywhere in the world, collect contributions in any currency, and settle vendors locally on the day.
Our built-in eSIM activates a local data plan in over 200 destinations the moment a member lands, and it tops itself up before the data runs out. The cost is settled from the same balance, which removes both the airport SIM queue and the surprise roaming bill.
Every transfer settles on the local payment systems already in use in the destination country, including M-Pesa, MoMo, NIP, Pix, and SPEI. This removes the dependence on correspondent banking, multi-day delays, and weekend cutoffs that legacy international transfers continue to rely on.
Members receive the mid-market exchange rate on every transfer, with no hidden margin built into the conversion and no surprise deductions when the funds land in the recipient's account.
Pricing is a single published fee applied on top of the real exchange rate. It is the same fee for every member, every corridor, and every transfer, with no tiered plans and no monthly subscriptions.
Member support is staffed by people who speak the languages our members actually use and who work in the regions we serve. There are no automated mazes and no scripted answers that ignore the question being asked.
Member funds are safeguarded with licensed banking partners and are not co-mingled with company funds. Mitu does not lend, invest, or otherwise take risks with member balances under any circumstance.
Our fees, our rails, our policies, and the legal terms that govern every product are published in plain language and made publicly available. Members and regulators can verify what we say at any time, with no special access required.
Real moments from real Mitu members across continents and time zones.
LagosSent rent to Mum, paid the wedding caterer, and split the trip pot, all before breakfast.
AccraThe Detty December pot saved my friend group. Six of us, one trip, zero group-chat drama.
NairobiI landed in Tokyo and my eSIM was online before I cleared customs.
DakarPaying vendors for my mum's 60th in real Naira from Paris. It just works.
Cape TownForty-eight currencies in one account. I haven't opened my old bank's app in months.
CairoThe fees are honest. The rate is the rate. Nothing magic happens between hitting send and arrival.