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Remitly Stock

Mobile Payments Service

Founded

2011

Notable Investors

Silicon Valley Bank

Headquarters

Seattle WA, US

Total Funding

$406M

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

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 Technology Officer

Rene Yoakum

Press

Other Companies

EquityZen does not have an affiliation with, formal relationship with, or endorsement from Remitly or any companies feature above. This profile is based on publicly available information and is intended to be informative in nature.

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