Insights

Expanding Geographies Placid NK Corporation is actively expanding its international remittance footprint, with plans to increase its destination countries and obtain licenses to operate in key European markets such as France, Belgium, UK, and Germany. This creates opportunities to offer complementary services or technology solutions to support their growing European operations.

Strategic Partnerships Recent partnerships with banks like Shahjalal Islami Bank Limited and Midland Bank Ltd demonstrate Placid’s focus on establishing reliable cross-border remittance channels. Engaging with their partner network could provide avenues for technology integrations, compliance solutions, or enhanced service offerings.

Digital Transformation Since launching its digital money transfer service in 2014, Placid has faced challenges related to fraud verification and balancing speed with cost. This presents opportunities to offer fraud prevention solutions, optimized digital onboarding tools, or scalable transaction processing technologies.

Technology Infrastructure Utilizing a modern tech stack including React, Cloudflare, and advanced tracking tools indicates Placid’s commitment to a robust, scalable platform. Selling complementary cloud security, user experience enhancement, or fraud detection solutions aligns well with their current infrastructure needs.

Market Penetration With a revenue range of $10M to $25M and a focused yet growing agent network across North America, Europe, and Asia, Placid is positioned for further market expansion. Business opportunities include offering localized compliance solutions, agent onboarding technology, or customer engagement platforms to support their global growth.

Similar companies to Placid NK Corporation

Placid NK Corporation Tech Stack

Placid NK Corporation uses 8 technology products and services including DoubleClick Floodlight, Woopra, Amazon Web Services, and more. Explore Placid NK Corporation's tech stack below.

  • DoubleClick Floodlight
    Advertising
  • Woopra
    Analytics
  • Amazon Web Services
    Cloud Hosting
  • Open Graph
    Content Management System
  • Amazon Route 53
    Domain Name Services
  • React
    Javascript Frameworks
  • PWA
    Miscellaneous
  • PHP
    Programming Languages

Placid NK Corporation's Email Address Formats

Placid NK Corporation uses at least 1 format(s):
Placid NK Corporation Email FormatsExamplePercentage
First.Last@placid.netJohn.Doe@placid.net
85%
Last@placid.netDoe@placid.net
12%
Middle@placid.netMichael@placid.net
1%
First-Last@placid.netJohn-Doe@placid.net
2%

Frequently Asked Questions

Where is Placid NK Corporation's headquarters located?

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Placid NK Corporation's main headquarters is located at 400 Post Avenue Suite 101 Westbury, New York 11590 United States. The company has employees across 2 continents, including AsiaNorth America.

What is Placid NK Corporation's official website and social media links?

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Placid NK Corporation's official website is placid.net and has social profiles on LinkedIn.

What is Placid NK Corporation's NAICS code?

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Placid NK Corporation's NAICS code is 52 - Finance and Insurance.

How many employees does Placid NK Corporation have currently?

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As of June 2026, Placid NK Corporation has approximately 22 employees across 2 continents, including AsiaNorth America. Key team members include Chief Internal Auditor: L. F.Director, It & Product Development: A. C.Manager: N. H.. Explore Placid NK Corporation's employee directory with LeadIQ.

What industry does Placid NK Corporation belong to?

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Placid NK Corporation operates in the Financial Services industry.

What technology does Placid NK Corporation use?

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Placid NK Corporation's tech stack includes DoubleClick FloodlightWoopraAmazon Web ServicesOpen GraphAmazon Route 53ReactPWAPHP.

What is Placid NK Corporation's email format?

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Placid NK Corporation's email format typically follows the pattern of First.Last@placid.net. Find more Placid NK Corporation email formats with LeadIQ.

When was Placid NK Corporation founded?

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Placid NK Corporation was founded in 1996.

Placid NK Corporation

Financial ServicesNew York, United States11-50 Employees

Founded in 1996, Placid NK Corporation D/B/A Placid Express is a Money Transmitter headquartered in New York, USA. Its retail Money Transfer services are available through a growing agent network in the top MSAs of the United States, Canada and Italy. Consumers can also utilize the multiple Money Transfer options it offers via its retail branch offices in Malaysia. Additionally, via partner network arrangements, its services are also available in Spain, UK and U.A.E.

As of Q1 2012, Placid Express offers reliable and affordable Money Transfer services to over 30 countries via correspondent relationships with highly reputed banks and financial institutions. By Q4 2012, the portfolio of destination Money Transfer countries is expected to be increased by another 40. With the recently acquired license under EU Payment Services initiative, Placid Express is on fast-track to make its retail services available via agents and branches in a number of European countries such as France, Belgium, UK and Germany.

Placid Express also provides Money Transfer network use/sharing services to other interested Money Transfer companies as well as its custom developed Money Transfer software platform, Transec.

Placid NK Corporation's fully owned subsidiaries include Placid Express SRL in Italy and Placid Express Sdn Bhd in Malaysia.

Section iconCompany Overview

Headquarters
400 Post Avenue Suite 101 Westbury, New York 11590 United States
Website
placid.net
NAICS Code
52 - Finance and Insurance
Founded
1996
Employees
11-50

Section iconFunding & Financials

  • $10M$25M

    Placid NK Corporation's revenue is estimated to be in the range of $10M$25M

Section iconFunding & Financials

  • $10M$25M

    Placid NK Corporation's revenue is estimated to be in the range of $10M$25M

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