Short description
Remitly is a mobile payments service that enables users to make person-to-person international money transfers.
Description
Remitly is a mobile payment service that enables consumers to conveniently make person-to-person international money transfers from the United States. Its online service is disrupting the $588 billion a year industry by using the latest technology and mobile devices to eliminate unnecessary forms, codes, agents, extra time, and fees tied to the traditional money transfer process.
As a licensed money transmitter, Remitly currently operates in 49 states and Washington, D.C., and spends millions of dollars to thousands of customers each month. Remitly is backed by Stripes Group, DFJ, Vulcan Capital, QED, Trilogy Equity Partners, DN Capital, Founders Co-Op, Bezos Expeditions, and TomorrowVentures.
Last funding
Blurry Noaccess
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Total funding
$$43214321
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Location
Seattle, Washington, United States, North America
Founded on
January 1, 2011
Exited on
September 23, 2021
Went public on
September 23, 2021
Stock symbol
RELY
Non-profit?
No
Acquired?
No
Employees count
1001-5000
Revenue range
$34056 - 789030
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Investors
Noaccess, Absolutely Noaccess, Noaccessforu, Blurry Noaccess, Noaccess, Nopepepe, Cannot Access, No Way, Absolutely Noaccess, Noway Youcantaccess, Absolutely Noaccess, Blurry Noaccess, Cannot Access, Noaccess, Blurry Noaccess, Noaccessforu, Noaccessforu, Absolutely Noaccess, Absolutely Noaccess, Uh Ohhhh, Noaccessforu, Uh Ohhhh, Absolutely Noaccess, Noaccess, Blurry Noaccess, Blurry Noaccess, Nopepepe, Blurry Noaccess, Nopepepe, Nopepepe, Noaccessforu
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Founders
Josh Hug, Matthew Oppenheimer, Shivaas Gulati