The sponsors can either be licensed financial institutions (i.e. Banks) or Money Services Businesses that hold the necessary money transmitter licenses for the various US states.
The Remittance platform can be owned by you, or them. If the remittance platform is owned by you, then it implies you are using their API to work with a UI/UX that you have developed.
If it is owned by the provider, this implies that you are utilizing their white-label (mobile or web, or both) services.
In either case, the processing and compliance is handled by the principal license holder (PLH) that is sponsoring you.
In all instances, the identity of the sponsoring organization is not disclosed, until you have a signed contract with us, and have paid the one-time (non-refundable) application fees, as well as the advance (refundable) deposit on the referral fee.