aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Remitly, founded in 2011 by Matthew Oppenheimer, Josh Hug, and Shivaas Gulati, is a financial services company headquartered in Seattle, United States. The company's core mission is to simplify international payments through digital channels, primarily mobile phones. Remitly offers international money transfer services to over 150 countries, focusing on providing faster, less expensive, and more convenient options for customers. Their services include various delivery methods such as bank accounts, mobile wallets, and cash pickups.
Notable figures affiliated with Remitly include co-founders Matthew Oppenheimer (CEO), Josh Hug (COO), and Shivaas Gulati (Head of Engineering). The company went public on Nasdaq under the ticker RELY. As of 2022, Remitly reported a revenue of $653 million and employed around 2,200 people by 2023. The company has significantly impacted the remittance industry by offering secure, reliable, and timely money transfer services, earning the trust of millions of users worldwide.
Operating Status
Active
Ownership Type(s)
Public
Main Product(s)
Money Transfers
Technology
FinTech
Tags
Fintech
Model Types
Software
Revenue Type(s)
Transactional
Customer Type(s)
Consumers
Geographic Exposure
Global
When was Remitly founded?
Remitly was founded in 2011.
Where is Remitly's headquarters located?
Remitly's headquarters is located in Managua, NI.
When was Remitly's last funding round?
Remitly's most recent funding round was for $5.8M (USD) in January 2023.
How many employees does Remitly have?
Remitly has 2700 employees as of Jan 30, 2024.
How much has Remitly raised to-date?
As of July 05, 2023, Remitly has raised a total of $525.8M (USD) since Jan 20, 2023.
Add Comparison
Total Raised to Date
$525.8M
USD
Last Update Jan 20, 2023
Last Deal Details
$5.8M
USD
Jan 20, 2023
Post Ipo Equity
Total Employees Over Time
2.7k
As of Jan 2024
Remitly Address
Managua,
Managua Department
Nicaragua
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts