- Home
- Â /Â Remitly
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 | B | More |
Locations
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 | a year 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 Operating Metrics
Remitly's Customers Served was reported to be 300 m in Jul, 2020.
Remitly Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Symphoni | May 16, 2019 | |
| Talio Labs | July 14, 2015 |
Remitly Hiring Categories
Remitly Cybersecurity Score
Remitly Website Traffic
Alexa Website Rank
Total Visits per monthSimilarWeb
Twitter Engagement Stats for @remitly
2.82 k
Tweets
2.25 k
Following
11.26 k
Followers
89
Tweets last 30 days
0.1
Avg. likes per Tweet
6.7%
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
B
73/100
CEO Rating
A+
90/100
Compensation
D-
49/100
Diversity
B
75/100
Remitly News and Updates
May 11, 2021
Visa invests in Remitly
Visa has made a "sizeable" equity investment in Remitly to help the digital remittance outfit expand its network in emerging markets.May 06, 2021
Remitly eyes IPO at $5bn valuation - Reuters
Digital remittance outfit Remitly has hired investment banks to lay the ground for an initial public offering at a $5 billion valuation, according to Reuters.Jul 29, 2020
Remitly raises $85m at $1.5bn valuationDigital 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...
Remitly Blogs
Jun 11, 2021
6 Facts You Might not Know About the Korean WonIf you’re traveling to South Korea or sending money home, you’ll need to convert your funds. This guide walks you...
Jun 10, 2021
The 3 Types of International Student Visas in the U.S.: A 2021 GuideWe live in a global society where international education can further your career. A popular destination to study is the...
Jun 09, 2021
How to Make a Fast Bank TransferIf you’ve made a bank transfer in the past, it might have taken a few business days or more. Now,...
Jun 09, 2021
Remitly Confidentially Submits Draft Registration Statement for Proposed Initial Public OfferingRemitly Global, Inc. has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the...
Jun 08, 2021
Relocation Guide: 7 Things You Should Know Before Moving to BrazilWith its diverse cultures, scenic views, and welcoming people, moving to Brazil can feel like an exciting adventure. Just like...
Jun 07, 2021
How to Send Money Safely to Ziraat Bankası in Turkey in 5 Easy StepsIf you’re working abroad and sending money to Turkey to help support your loved ones, you’re far from alone. According...
You may also be interested in Related companies
Ozan
Employees
47 ↑ 18% increase
Ozan is a financial technology company developing a digital wallet.
View company
ASAAS
HQ
null, BR
Employees
139 ↑ 5% increase
ASAAS is a company that develops a SaaS-based mobile application offering billing and subscription management services.
View company
Wing
Employees
388 ↓ -15% decrease
Wing is a company that provides mobile banking services, including local and international money transfers, bill payments, payrolls, and disbursements.
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 1,041 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.
Craft real-time company insights
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies