Many immigrants send money back home. They do it through backs, wires or by giving cash to visiting relatives; however, there is always risk in sending money; it can get lost or stolen.

To prevent this and ease the process, a Dominican immigrant in the United States developed a startup that will help other immigrants send money back home. Edrizio De La Cruz, 33, created Regalii.com two years ago to help Dominican immigrants send money back to the Dominican Republic, according to Fox News Latino.

"I noticed when I sent the money it was a headache for them to receive it," De La Cruz told Fox News Latino. "They had to go to remittance agency, wait online, fill out a form, pay huge fees, put the money in the pack, and go back home. It is very dangerous for men and women of age to have to deal with that hassle."

For a flat fee of three dollars, a user can send money via text and it can be done through the computer or phone. Similar to a prepaid gift card, the person receiving the money can use a pin code sent directly to a relative's phone number in the Dominican Republic. The code then can be used at participating supermarkets to pay food, medicine and bills.

"The customers wanted a way of controlling how their funds were being spent," De La Cruz said. "When you send remittances ... it's a complete black box, you have no idea how it's being used for gambling, for drinking, and that causes a vicious poverty cycle that inhibits people to get out of that poverty cycle. This is one way to providing some structure to those funds. It provides peace of mind and a sense of security for your loved ones across the border."

Remittances make up 10 percent of Guatemala, Honduras and El Salvador's GDP. Although the Dominican Republic does not receive a lot of money from immigrants abroad, Mexico does, and the startup aims to be available in Mexico by the first fiscal quarter of 2015.