Tuma’s vision is to make sending money across borders cheap, fair, and simple. Today, Tuma provides millions of immigrants the ability to choose from over 70 currencies while sending money.
Tuma was developed as a key solution to avoid long wait times, expensive fees ,and unfair exchange rates while sending money. With Tuma, you are guaranteed the best rate possible and little to no fees.
Tuma is a leading digital financial service provider for immigrants, enabling users to make person-to-person money transfers in over 100 countries in Africa and Asia(Sending and receiving money) for people in the diaspora. The Tuma APP is a product of the Rightqode Inc. based out of Canada, city of Toronto. Our registered office is 18 King Street East, Suite 1400, Toronto, Ontario, M5C 1C4. It was established by five immigrants from Uganda who now live and work in Canada.
Brenda, Sheila, Bashir, Sadala, and Simon each had one thing in common when they immigrated to Canada, which was that they had a family back home in Uganda that they had to send money to. They moved their money through banks and various remittance apps but were unhappy with the unfair exchange rates and high fees.