Remitly

formerly Remitly GlobalIPO

Fast. Easy. Reliable.

Public · Seattle, United States · Founded 2011 · $529.5M raised

Employees
1001–5000
Founded
2011
Business Model
B2C
Total Funding
$529.5M
Last Round
$85.0M Series FJul 2020
Rounds
9
Type
Public

About

Remitly is an international payments company that leverages digital channels, including mobile apps, to send money securely to over 170 countries and territories. It offers competitive exchange rates, no hidden fees, multiple delivery options like cash pickup, bank deposits, and mobile wallets, and guarantees on-time delivery with fee refunds if delayed. Serving millions of active customers with billions in annual transfer volume, Remitly focuses on reliability and trust for immigrants and their families.

Summary

Remitly is a Fintech company based in Seattle, United States, founded in 2011. It has raised $529.5M in total across 9 rounds, most recently a $85.0M Series F round in Jul 2020. Investors include PayU, Stripes and Generation Investment Management.

Tech & App Stack

5 technologies & apps tracked

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Funding History

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IPOSep 2021
$523.0M

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Seed through IPO — per-round amounts, valuations, and who invested in each round.

Investors

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