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Remitly Summary
Overview
Remitly is an international payments company. It provides online services that enable customers to send and transfer money.
| Type | Private | |
| Founded | 2011 | |
| HQ | Seattle, WA, US | Map |
| Website | remitly.com | |
| Employee Ratings |   | More |
| Overall Culture | C+ | More |
Locations
Latest Updates
Company Growth (employees)
| Employees (est.) (Jan 2021) | 895 | (+3%) |
| Website Visits (Dec 2020) | 4 m | (+15%) |
| Revenue (Y, 2018) | $80 M | |
| Cybersecurity rating | C | More |
Table of Contents
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 | 6 months 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 |
Remitly's latest funding round in July 2020 was reported to be $85 m. In total, Remitly has raised $420.1 m. Remitly's latest valuation is reported to be $950 m.
Remitly's revenue was reported to be $80 m in Y, 2018
USD
| Revenue (Y, 2018) | $80 m |
USD
Y, 2018
| Revenue/Employee | 190.1 k |
Remitly Cybersecurity Score
Remitly Website Traffic
Alexa Website Rank
Total Visits per monthSimilarWeb
Twitter Engagement Stats for @remitly
2.53 k
Tweets
2.26 k
Following
10.89 k
Followers
40
Tweets last 30 days
0.1
Avg. likes per Tweet
7.5%
Tweets with engagement
Remitly Technology Stack![BuildWith Logo]()
ads
17 products used
- AdRoll
- AppNexus
- AppNexus Segment Pixel
- BounceX
- DoubleClick Bid Manager
- DoubleClick.Net
- Facebook Custom Audiences
- Facebook Exchange FBX
- Google Adsense
- Google Remarketing
- Index Exchange
- IponWeb BidSwitch
- Openads/OpenX
- Pubmatic
- Rubicon Project
- Twitter Ads
- Yahoo Small Business
analytics
22 products used
- Bing Universal Event Tracking
- CrazyEgg
- Facebook Conversion Tracking
- Facebook Domain Insights
- Facebook Pixel
- Facebook Signal
- Facebook Tag API
- FullStory
- Google Analytics
- Google Analytics Classic
- Google Conversion Tracking
- Google Universal Analytics
- Kenshoo
- KISSmetrics
- MediaMath
- Microsoft Adcenter
- New Relic
- Rapleaf
- Segment
- Sift Science
- Trustpilot
- Twitter Analytics
cdn
4 products used
- AJAX Libraries API
- CloudFront
- Content Delivery Network
- OSS CDN
cdns
1 product used
- Amazon S3 CDN
Remitly Company Culture![CultureAndCompensation Logo]()
Overall Culture
C+
72/100
CEO Rating
A+
94/100
Compensation
D
53/100
Remitly News and Updates
Jul 29, 2020
Remitly raises $85m at $1.5bn valuation
Digital remittance outfit Remitly has raised $85 million at a $1.5 billion valuation in a funding round led by existing investor Prosus’s PayU.Jul 29, 2020
Remitly raises $85M at a $1.5B valuation, says money transfer business has surgedRemittances — when people send money internationally to family and friends, or as a payment — has long been one of the most important levers for getting funds to people in developing economies. However, the persistent spread of the coronavirus is having a tough impact on that, with the World Bank estimating that remittances to low […]
May 27, 2020
Remitly adds 'Cash Deposit' feature for Passbook customersRemitly, the largest independent digital remittance company in North America, today announced a part...
Feb 03, 2020
Remitly launches bank account for immigrants in the USDigital remittance outfit Remitly is entering the banking business, launching an online account for...Feb 03, 2020
Money-transfer startup Remitly launches Passbook, a neobank aimed at immigrantsLast summer, the Seattle-based startup Remitly closed a $135 million round to go beyond money-transfer services into a wider range of financial products catering to its primarily-immigrant customer base. Today, it’s taking the wraps off a new product that puts paid to that plan: it’s launching Passbook, a new bank aimed at immigrants that lets […]
Jul 10, 2019
Remitly snags $220 mlnSeattle-based Remitly, an online international money transfer service, has raised $220 million in financing. The investors included Generation Investment Management, Owl Rock Capital, Princeville Global, Prudential Financial, Schroder & Co Bank AG and Top Tier Capital Partners.
Remitly Blogs
Jan 19, 2021
3 Top Financial Goals for Immigrants in 2021There’s something magical about New Year’s energy. It feels like you get a chance to start a new life, much...
Jan 14, 2021
6 Facts You Might Not Know about the Mexican PesoAre you traveling to Mexico or sending money home? Then you’ll need to turn your USD, CAD, or other currency...
Jan 10, 2021
How to Make a Budget in 4 Steps: Your Guide for 2021Whether you’re preparing to move, helping your family, or buying a home, having money set aside is very important. You...
Jan 09, 2021
How to Send Money with a Credit Card InternationallyPerhaps you’re a week out from payday and a sudden emergency comes up back home. Or maybe you just don’t...
Dec 23, 2020
How to Safely Send Money to DaviPlata in Colombia in 5 Easy StepsIf you support loved ones by sending money to Colombia, you’re not alone. A recent report from the Organization for...
Dec 22, 2020
How to Safely Send Money to PayMaya in 5 Easy StepsIf you support loved ones by sending money to a PayMaya account in the Philippines, you’re like many of your...
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View company- 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 895 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 TransferWise.
- 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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