Company Overview

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Founded:
May 23, 2011
Founders:
Josh Hug, Matt Oppenheimer, Shivaas Gulati
Headquarters:
Seattle
Funding:
$10.50M
Categories:
Mobile, Finance, Mobile Payments

Remitly is a mobile payments service that enables users to make person-to-person international money transfers from the United States.

Description

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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) - $10.50M

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Investors (10)

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Offices/Locations (2)

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  • Headquarters

    1601 2nd Ave.

    Suite 700

    Seattle, 98101

  • Philippines Office

    Pearl Bank Center Building, 7th Floor

    146 Valero Stree

    Makati,

Competitors (3)

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