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Remitly

Remitly

  • Revenue$80 MY, 2018

Remitly Summary

Overview

Remitly is an international payments company. It provides online services that enable customers to send and transfer money.

TypeSubsidiary
ParentRemitly Global
Founded2011
HQSeattle, WA, USMap
Websiteremitly.com
Employee Ratings
4.6
Overall CultureA-More

Locations

Remitly is headquartered in
Seattle, United States

Location Map

Latest Updates

Company Growth (employees)

Employees (est.) (Jun 2022)1,608(+6%)
Job Openings118
Website Visits (Mar 2022)5 m(+26%)
Revenue (Y, 2018)$80 M
Cybersecurity ratingBMore
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Key People/Management at Remitly

Remitly Office Locations

Remitly has offices in Seattle, Spokane, Cork, Managua and in 3 other locations

Remitly Financials and Metrics

Summary Metrics

Founding Date

2011

Remitly total Funding

$420.1 m

Remitly latest funding size

$85 m

Time since last funding

2 years ago

Remitly investors

DN Capital, QED Investors, Silicon Valley Bank, DFJ Growth, Bezos Expeditions, Techstars, Stripes Group, Vulcan Capital, Threshold, Geoff Entress, SK Ventures, TomorrowVentures, Top Tier Capital Partners, International Finance Corporation, Trilogy Equity Partners, Sujal Patel, Generation Investment Management, Chase Franklin, Mark Williamson, Founders' Co-op, Prudential Financial, Princeville Global, PayU, Techstars Seattle Accelerator, Threshold Ventures, Stripes, Owl Rock Capital, Schroder & Co Bank AG, Owl Rock Capital Partners, Princeville, Top Tier

In total, Remitly has raised $420.1 m. Remitly is a subsidiary of Remitly Global

Remitly's revenue was reported to be $80 m in Y, 2018

USD

Revenue (Y, 2018)$80 m

USDY, 2018E
Revenue80 m
show all

USD
Y, 2018
Revenue/Employee190.1 k

Remitly Operating Metrics

Remitly's Customers Served was reported to be 300 m in Jul, 2020.

Y, 2016Y, 2017Y, 2018Mar, 2019Jun, 2020Jul, 2020
Transaction Volume$1.5 b$4 b$6 b
Customers1 m
Partners40 k
Trademarks7

Remitly Acquisitions / Subsidiaries

Company NameDateDeal Size
SymphoniMay 16, 2019
Talio LabsJuly 14, 2015

Remitly Hiring Categories

Remitly Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Remitly Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Remitly Website Traffic

Total Visits per monthSimilarWeb

Remitly Online and Social Media Presence

Remitly's Trends

Search term - Remitly

Remitly Technology StackBuildWith Logo

  • ads

    42 products used

    • Adobe Audience Manager
    • Adobe Audience Manager Sync
    • AdRoll
      • Advertising.com
      • AppNexus
      • AppNexus Segment Pixel
      • Artsai
      • Atlas
      • BlueKai
      • BlueKai DMP
      • BounceX
      • DemDex
      • DoubleClick Bid Manager
      • DoubleClick.Net
      • eXelate
      • Facebook Custom Audiences
      • Facebook Exchange FBX
      • FLoC
      • FLoC Opt-Out
      • Geniee
      • Google Adsense
      • Google Remarketing
      • IAB Tech Lab
      • Impact
      • Improve Digital
      • Index Exchange
      • IponWeb BidSwitch
      • Microsoft Advertising
      • Openads/OpenX
      • PebblePost
      • Powerlinks
      • Pubmatic
      • RockerBox
      • Rubicon Project
      • Sonobi
      • SpotXchange
      • StickyAds TV
      • Tapad
      • The Trade Desk
      • Turn
      • Twitter Ads
      • Yahoo Small Business
  • analytics

    53 products used

    • Adobe Analytics
    • Adobe Dynamic Tag Management
    • Adobe Experience Platform Identity Service
      • Bing Universal Event Tracking
      • Branch
      • Braze
      • Chartbeat
      • comScore
      • CrazyEgg
      • Crimson Hexagon
      • DoubleClick Floodlight
      • Facebook Conversion Tracking
      • Facebook Domain Insights
      • Facebook Pixel
      • Facebook Signal
      • Facebook Tag API
      • Fastly
      • FullStory
      • Global Site Tag
      • Google AdWords Conversion
      • Google Analytics
      • Google Analytics 4
      • Google Analytics Classic
      • Google Analytics Enhanced Link Attribution
      • Google Conversion Tracking
      • Google DoubleClick Conversion
      • Google Universal Analytics
      • Hubspot Forms
      • Kenshoo
      • KISSmetrics
      • Krux Digital
      • LiveRamp
      • Lotame Crowd Control
      • MediaMath
      • Microsoft Adcenter
      • New Relic
      • Omniture SiteCatalyst
      • Quantcast Measurement
      • Rapleaf
      • Reddit Conversion Tracking
      • Resonate
      • Salesforce
      • Salesforce Audience Studio
      • Segment
      • Sift Science
      • Solvvy
      • Trustpilot
      • TVSquared
      • Twitter Analytics
      • Twitter Conversion Tracking
      • Twitter Website Universal Tag
      • Yahoo Dot
      • Yahoo Web Analytics
  • CDN

    15 products used

    • AJAX Libraries API
    • Akamai
    • BootstrapCDN
      • CDN JS
      • Cloudflare
      • Cloudflare JS
      • CloudFront
      • Content Delivery Network
      • Facebook CDN
      • GStatic Google Static Content
      • jQuery CDN
      • OSS CDN
      • Twitter CDN
      • Vimeo CDN
      • Yahoo Image CDN
  • cdns

    3 products used

    • Akamai EdgeConnect
    • Amazon CloudFront
    • Amazon S3 CDN
Learn more on BuiltWith

Remitly Company CultureCultureAndCompensation Logo

  • Overall Culture

    A-

    78/100

  • CEO Rating

    A+

    94/100

  • Compensation

    D

    56/100

  • Diversity

    A+

    86/100

Learn more on Comparably

Remitly News and Updates

Mar 07, 2022
Remitly to Present at the 2022 Wolfe FinTech Forum
_3xOCqSEATTLE, March 07, 2022 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a leading digital financial services provider for immigrants and their families, today announced that its management team will present at the 2022 Wolfe FinTech Forum.
Nov 15, 2021
Remitly to Present at Citi’s 2021 FinTech Conference
_3xOCqSEATTLE, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a leading digital financial services provider for immigrants and their families, today announced that its management team will present at Citi’s 2021 FinTech Conference.
Oct 21, 2021
Remitly to Report Third Quarter 2021 Financial Results on Wednesday, November 10th, 2021
SEATTLE, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a leading digital financial services provider for immigrants and their families, today announced that it will report third quarter 2021 financial results after the market close on Wednesday, November 10, 2021. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below.
Sept 24, 2021
IPO Report: Remitly stock pops in trading debut as investors embrace upgrade for remittance technology
_3xOCqIn a vote of confidence for more modern remittance technology, shares of Remitly Global Inc. popped more than 20% in their initial-public-offering debut Thursday, though they later pulled back from the opening price.
Sept 23, 2021
EngageSmart and Remitly stocks pop on first day of trading
_3xOCq Payments software providers EngageSmart Inc. and Remitly U.K. Ltd, got off to great starts on the public markets, with both stocks surging on their first day of trading after launching their initial public offerings today. EngageSmart and Remitly are among a flurry of tech firms going public in September, launching their IPOs just one day […] The post EngageSmart and Remitly stocks pop on first day of trading appeared first on SiliconANGLE.
Sept 23, 2021
Shares Of Money-Transfer Fintech Remitly Rise 13% In IPO, Valuing It At $7.8 Billion
_3xOCqIn 2020, Remitly's revenue doubled, reaching $256 million. Most of its customers are immigrants living in the U.S. who send money to their families and friends in India, the Philippines and Mexico.

Remitly Blogs

Jul 20, 2021
How to Send Money Safely to Bank Rakyat in Indonesia in 5 Easy Steps
If you’ve relocated from Indonesia to set up a new life abroad, you’re far from alone. Research has shown there...
Jul 20, 2021
How to Send Money Safely to Banque de l’Habitat in Tunisia in 5 Easy Steps
Sending money to Tunisia is a priority for many people living and working across the globe. A glance at research...
Jul 08, 2021
5 Facts You Probably Didn’t Know About the Costa Rican Colon
Whether you’re looking for adventure, family-friendly activities, or fantastic scenery, you’ll find it in Costa Rica. This small Central American...
Jul 08, 2021
How to Send Money Safely to Banque Zitouna in Tunisia in 5 Easy Steps
Is sending money to Tunisia on your to-do list? You’re far from alone. Tunisians living in countries across the world...
Jul 07, 2021
How to Celebrate Songkran in Thailand and abroad
The beginning of spring marks the traditional New Year for many countries throughout Southeast Asia, with Songkran being one of...
Jul 07, 2021
How to Send Money Safely to Bank Central Asia in Indonesia in 5 Easy Steps
It’s estimated there are well over eight million Indonesians living and working overseas. This thriving international community contributes towards the...

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When was Remitly founded?
Remitly was founded in 2011.
Who are Remitly key executives?
Remitly's key executives are Matthew Oppenheimer, Josh Hug and Shivaas Gulati.
How many employees does Remitly have?
Remitly has 1,608 employees.
What is Remitly revenue?
Latest Remitly annual revenue is $80 m.
What is Remitly revenue per employee?
Latest Remitly revenue per employee is $190.14 k.
Who are Remitly competitors?
Competitors of Remitly include Xoom, Small World Financial Services and Wise.
Where is Remitly headquarters?
Remitly headquarters is located at 1111 3rd Ave #2100, Seattle.
Where are Remitly offices?
Remitly has offices in Seattle, Spokane, Cork, Managua and 3 other locations
How many offices does Remitly have?
Remitly has 7 offices.

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