Remitly Stock
Mobile Payments Service
Sign up today and learn more about Remitly Stock
Invest in or value your shares in one or many pre-IPO companies through an EquityZen investment vehicle.
About Remitly Stock
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.
Investors
Goldman Sachs
WeWork, Alibaba, Spotify, Compass, Pinterest, Bloom Energy, Oscar Health, Circle, Ramp, Automation Anywhere
Barclays PLC
Owl Rock Capital Partners
Bolt, MessageBird, Exabeam, Illumio, Arctic Wolf, Remitly, Algolia, CircleCI, Nylas, Split Software
SK Ventures
TomorrowVentures
Remitly, Prosper Marketplace, EVERFI, Shape Security, ThirdLove
Funding History
March 2012 | $2.8M |
---|---|
December 2012 | $2.6M |
December 2013 | $5.7M |
March 2015 | $12.5M |
April 2016 | $42.8M |
November 2017 | $115M |
May 2019 | $135M |
July 2020 | $90.0M |
Management
Chief Executive Officer
Matthew Oppenheimer
Chief Financial Officer
Susanna Morgan
Press
finance - Feb, 3 2021
Digital Money Transfer Market Outlook 2021: Big Things are Happeningdlvr - Jan, 10 2021
Digital Payments Fintech Remitly Explains how to Send Money Abroad Even When You Don’t Have Cash, by Using Credit Cardspaymentssource - Dec, 15 2020
Immigrant social app Homeis partners with Remitly, TransferWise as it reaches 1 million userslaw360 - Dec, 8 2020
Fintech Startup Remitly Taps New GC From Fifth Third Bankdlvr - Aug, 26 2020
Remitly doubles mobile wallet offerings and global consumer reach