Remitly Stock

remitly.comFinTech / PaymentsFounded: 2011Funding to Date: $396MM

Remitly is a fintech company and provider of payments solutions that leverages digital channels, including mobile phones, to send money internationally.

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Management Team

Joshua Hug
Co-Founder, Chief Operating Officer, Board Member & Promoter
Rene Yoakum
Chief Customer Officer
Karim Meghji
Chief Product Officer
Matthew Oppenheimer
Co-Founder, Chief Executive Officer & Board Member
Susanna Morgan
Chief Financial Officer
Shivaas Gulati
Co-founding Engineer
Rob Singer
Chief Marketing Officer

Board Members

Joshua Hug
Laurent le Moal
William Bryant Ph.D
Draper Fisher Jurvetson Management
Chris DeVore
Founder's Co-Op
Matthew Oppenheimer
Ron Shah
Charles Stonecipher
Trilogy Equity Partners
Lucia Rigo
Generation Investment Management
Phillip Riese

News Highlights

Remittance processor Remitly targets nearly $7B valuation in U.S. IPO
In May, the company had hired investment banks to prepare for an IPO this year, which could value it at around $5B, Reuters reported. Remitly earns from transactions fees and foreign exchange spreads. Its revenue more than doubled to $257M last year, and it incurred a net loss of $32.6M.
Remitly adds features to mobile banking service for immigrants
Remitly, the mobile-first provider of international remittances and financial services for immigrants, today announced the launch of several new digital banking features in the Passbook by Remitly app.
Remitly Receives Equity Investment from Visa | FinSMEs
Remitly, a Seattle, WA-based mobile-first provider of remittances and financial services for immigrants, received an equity investment from Visa
Updated on: Apr 15, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.