Why We Created Fidumado

Remittances are a significant part of Paraguay's economy, yet many people sending or receiving money lack clear information about their options and costs.

The Information Gap

Thousands of Paraguayans regularly send money to family members abroad or receive remittances from relatives working in other countries. This represents a substantial flow of funds that impacts household budgets and financial planning.

However, when choosing how to send or receive money, many people rely on habit rather than comparison. They use the same service their family has always used, or the one recommended by a neighbor, without understanding what alternatives exist or how costs compare.

The fee structures of remittance services can be complex. Some charge flat fees, others take percentages. Exchange rate margins vary. Processing times differ. Service availability depends on location. All of this information exists publicly, but it's scattered across different sources and not presented in ways that make comparison straightforward.

Paraguayan family reviewing financial documents together

Families deserve clear information

Our Approach

We created Fidumado to address this information gap through education and comparison, not through providing remittance services ourselves.

Public Data Collection

We gather publicly available information from banks, postal services, digital platforms, cooperatives, and remittance agencies operating in Paraguay.

Standardized Comparison

We present fee structures, exchange rates, and service features in formats that allow direct comparison across different providers and channels.

Educational Content

We explain how each type of remittance service works, what documentation is required, and what factors affect total cost beyond stated fees.

Language Accessibility

All information is available in both Spanish and GuaranĂ­, recognizing that financial literacy should not be limited by language barriers.

Regular Updates

We update our comparisons monthly to reflect current fees and exchange rates, as these can change over time.

No Conflicts of Interest

We don't send money, earn commissions from providers, or represent any particular service. Our only purpose is information.

Clear data visualization showing comparative information

Transparency through data

What We Are Not

Fidumado does not send money. We are not a remittance service provider. We don't process transactions, hold funds, or facilitate transfers in any way.

We are not affiliated with, sponsored by, or compensated by any bank, postal service, digital wallet, cooperative, or remittance agency. We don't earn commissions when people choose particular services after reading our information.

We don't provide financial advice or recommend specific services for individual situations. We provide factual information about options and let each person make their own choice based on their specific needs and circumstances.

Our role is purely educational. We believe that when people understand their options and can compare costs transparently, they can make decisions that work for their situations. That's why we created this platform.

Learn More About Remittance Options

Explore our comparisons and educational resources to understand your choices for sending and receiving money in Paraguay.

Contact Us