Financial Services

Tel-Aviv, Tel Aviv


About Neema

There are 250 million migrant workers globally remitting over 560 billion dollars a year. This segment demonstrates high potential with a steady income, strong work ethic and active need for financial services. These are people who work hard for their money but are outright excluded from financial institutions, forced to pay extremely high fees or faced with fragmented suppliers. By addressing these needs and other issues such as lack of transparency, Neema is restoring monetary control into the hands of migrant workers.

Neema is a digital banking platform custom tailored to meet the needs of migrant workers. Neema offers its customers premium financial services that were previously inaccessible to them. Services include: linked debit cards to their Neema account, short term credit and health insurance. Through banking the unbanked, remitters are transformed into financial consumers.

This data driven, new age financial institution is digitizing the cash economy of the underserved migrant workers. This innovative solution allows migrant workers to remit their funds at low cost in order to capture the users more profitable banking services. Using the Neema app, migrant workers can finally store their money digitally and send money directly from their smartphone 24/7.

We are striving to create a positive impact on a global scale by providing financial services to the unbanked. There over 250 million migrant workers worldwide being withheld access to financial services or charged high fees. We measure our social impact by the direct amount we save migrant workers when they send their hard earned money to their loved ones back home.

The Change We Seek®

The world’s population of migrant workers send home an annual 560 billion USD and they pay very high fees (7%-10%) with companies like Western Union. Neema's solution allows migrant workers to deposit their money into their Neema account and to send it 24/7 for a 1% fee. The startups working today to try to solve the issues of remittance are not helping 94% of migrant workers who don't have a bank account. The most advanced solution requires customers to link a bank account or a credit card. These are resources that are out of reach for most migrants. Neema solves the problem of the cash economy by allowing migrants paid in cash to make a deposit and send their money digitally via their Neema account.

What makes us a better company?

B Impact Report

Certified since: 

January 2016

Company Score

Median Score*



The Environment section of the Assessment evaluates a company's environmental performance through its facilities; materials, resource, and energy use; and emissions. Where applicable, it also considers a company's transportation/distribution channels and environmental impact of its supply chain. This section also measures whether a company's products or services are designed to solve an environmental issue, including products that aid in the provision of renewable energy, conserve resources, reduce waste, promote land/wildlife conservation, prevent toxic/hazardous substance or pollution, or educate, measure, or consult to solve environmental problems.



The Worker section of the survey assesses the company's relationship with its workforce. This section measures how the company treats its workers through compensation, benefits, training, and ownership opportunities provided to workers. It also focuses on the overall work environment within the company through management/worker communication, job flexibility and corporate culture, and worker health and safety practices.



The Customers section of the Assessment measures the impact a company has on its customers. The section focuses on whether a company sells products or services that promote public benefit, and if those products/services are targeted towards serving underserved populations. Questions in this section will measure whether a company's product or service is designed to solve a social or environmental issue (e.g. improves health, preserves environment or creates economic opportunity to individuals or communities, promotes the arts/sciences, or increases the flow of capital to purpose-driven enterprises).



The Community section of the survey assesses a company's impact on its community. The Community section evaluates a company's supplier relations, diversity, and involvement in the local community. The section also measures the company's practices and policies around community service and charitable giving. In addition, this section includes if a company's product or service is designed to solve a social issue, including access to basic services, health, education, economic opportunity, arts, and increasing the flow of capital to purpose-driven enterprises.



The Governance section of the Assessment evaluates a company's accountability and transparency. The section focuses on the company's mission, stakeholder engagement, and overall transparency of the company's practices and policies.

Overall B Score

80 out of 200 is eligible for certification

*Of all businesses that have completed the B Impact Assessment

*Median scores will not add up to overall

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