Remitly Global Competitors and Similar CompaniesClear all

Remitly Global's competitors and similar companies include Venmo, SVB Financial Group, Wise and MoneyGram.

	Remitly Global Remitly Global is a company providing financial services to immigrants and their families.	Venmo Venmo is a provider of an application that enables users to share and make payments for a variety of services.	SVB Financial Group SVB Financial Group is a diversified financial services company providing various banking and financial products and services.	Wise Wise (formerly known as Newco) is a financial technology company that provides money transfer and online currency exchange solutions.	MoneyGram MoneyGram is a global financial technology company providing money transfer and payment services.
Founding Date	Founding Date 2018	Founding Date 2009	Founding Date 1983	Founding Date 2011	Founding Date 1940
Type	Type Public	Type Subsidiary	Type Public	Type Public	Type Public
Tags	Tags Financial Services fintech mobile app money transfer	Tags Technology consumer products & services fintech mobile app money transfer payments	Tags Financial Services Investment banks brokerage commercial banks fintech holding company investment management money transfer mortgages venture capital	Tags Technology exchange fintech money transfer payments platform	Tags Financial Services fintech money transfer outsourcing payments
Locations	Locations Seattle, US HQ	Locations New York, US HQ Chicago, US San Jose, US Chandler, US Newton, US Omaha, US Scottsdale, US	Locations Santa Clara, US HQ Toronto, CA Beijing, CN Shanghai, CN Shanghai, CN Shenzhen, CN Frankfurt Am Main, DE see more	Locations London, GB HQ Melbourne, AU Sydney, AU Sydney, AU Brussels, BE Brussels, BE São Paulo, BR see more	Locations Dallas, US HQ Brussels, BE São Paulo, BR Vancouver, CA Shanghai, CN Hong Kong, HK Mumbai, IN see more
Employees	Employees 1,600	Employees 6601% increase	Employees 6,56747% increase	Employees 6,000	Employees 2,43617% decrease
Valuation ($)	Valuation ($) 2.9 b	Valuation ($) N/A	Valuation ($) 6.3 b	Valuation ($) 96.2 m	Valuation ($) 1.1 b
Financial
Revenue (est.)	Revenue (est.) $1.6b (FY, 2025)	Revenue (est.) N/A	Revenue (est.) $1.5b (FY, 2022)	Revenue (est.) £1.2b (FY, 2025)	Revenue (est.) $1.3b (FY, 2022)
Cost of goods	Cost of goods N/A	Cost of goods N/A	Cost of goods N/A	Cost of goods £263.1m (FY, 2025)	Cost of goods $610.7m (FY, 2022)
Gross profit	Gross profit N/A	Gross profit N/A	Gross profit N/A	Gross profit £955.9m (FY, 2025)	Gross profit $619.9m (FY, 2022)
Net income	Net income $67.9m (FY, 2025)	Net income N/A	Net income $1.6b (FY, 2022)	Net income £416.7m (FY, 2025)	Net income $34.2m (FY, 2022)
Operating ⚠
Countries	Countries N/A	Countries N/A	Countries N/A	Countries 170 (FY, 2023)	Countries 200 (Q2, 2019)
Funding
Total funding raised	Total funding raised N/A	Total funding raised $ 1.3m	Total funding raised N/A	Total funding raised $ 1b	Total funding raised $ 59m