Funding Received
$10.5 Million in 5 Rounds from 11 Investors
Most Recent Funding
$5.5 Million Series A on January 6, 2014
Headquarters:
Seattle, WA
Description:
Remitly is a mobile payments service that enables users to make person-to-person international money transfers from the United States.
Founders:
Shivaas Gulati, Josh Hug, Matt Oppenheimer
Categories:
Finance, Mobile Payments, Mobile
Website:
http://www.remitly.com

Company Details

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Founded:
May 23, 2011
Aliases:
Beamit, Beamit Mobile
Contact:
Employees:
4 in CrunchBase

Remitly is a mobile payments service that enables consumers to conveniently make person-to-person international money transfers from the United States. Its online service is disrupting the $528 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 21 states and sends millions of dollars to thousands of customers each month. The company is funded by Trilogy Partnership, Founders Co-Op, Bezos Expeditions, and TomorrowVentures. Remitly is headquartered in Seattle, WA with additional offices in the Philippines.

Current Team (4)

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Funding Rounds (5) - $5.5M

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Board Members and Advisors (1)

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Offices/Locations (2)

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  • Philippines Office

    Pearl Bank Center Building, 7th Floor

    146 Valero Stree

    Makati,

    PHL

  • Headquarters

    1601 2nd Ave.

    Suite 700

    Seattle, WA 98101

    USA

Competitors (3)

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    Xoom Corporation

    Xoom Corporation is a digital money transfer company that allows users to securely transfer money online.
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  • 3d5d5afcfe7c64e6e679297faf6e5431

    Western Union

    The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western

Images (2)

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