Remitly Competitors and Similar CompaniesClear all
Remitly's competitors and similar companies include Wise, WorldRemit, Xoom and Small World Financial Services.
 Wise Wise (formerly known as TransferWise) is a financial technology company that provides money transfer solutions. |  WorldRemit WorldRemit is a company that develops an online service that lets customers send money to their friends and family living abroad, using a computer, smartphone or tablet. |  Xoom Xoom is a digital money transfer provider that allows users to send money, pay international bills, or reload phones. |  Small World Financial Services Small World Financial Services is a digital money transfer platform enabling its customers to securely send and receive money. | ||
Founding Date | Founding Date 2011 | Founding Date 2011 | Founding Date 2010 | Founding Date 2001 | Founding Date 2005 |
Type | Type Subsidiary | Type Public | Type Private | Type Subsidiary | Type Private |
Tags | |||||
Locations | Locations Seattle, US HQ Cork, IE Managua, NI Manila, PH Kraków, PL London, GB Spokane, US | Locations London, GB HQ Melbourne, AU Sydney, AU Brussels, BE São Paulo, BR Ottawa, CA Shanghai, CN see more | Locations San Francisco, US HQ | ||
Employees | Employees 2,6108% increase | Employees 2,91930% increase | Employees 7031% decrease | Employees 26811% increase | Employees 7362% increase |
Twitter followers | Twitter followers 13.2 k | Twitter followers 147.7 k | Twitter followers 36.4 k | Twitter followers 11.5 k | Twitter followers 1.2 k |
Number of tweets (last 30 days) | Number of tweets (last 30 days) 87 | Number of tweets (last 30 days) 927 | Number of tweets (last 30 days) 554 | Number of tweets (last 30 days) 11 | Number of tweets (last 30 days) N/A |
Average likes per tweet (last 30 days) | Average likes per tweet (last 30 days) 1.4 | Average likes per tweet (last 30 days) 0.5 | Average likes per tweet (last 30 days) 0.7 | Average likes per tweet (last 30 days) N/A | Average likes per tweet (last 30 days) N/A |
Percentage of tweets with engagement (last 30 days) | Percentage of tweets with engagement (last 30 days) 45.98% | Percentage of tweets with engagement (last 30 days) 13.7% | Percentage of tweets with engagement (last 30 days) 15.88% | Percentage of tweets with engagement (last 30 days) N/A | Percentage of tweets with engagement (last 30 days) N/A |
Employee Rating | Employee Rating 4.2 | Employee Rating 4.3 | Employee Rating 2.5 | Employee Rating 3.8 | Employee Rating 3.7 |
Financial | |||||
Revenue (est.) | Revenue (est.) $80m (Y, 2018) | Revenue (est.) £846.1m (FY, 2023) | Revenue (est.) £85.8m (FY, 2018) | Revenue (est.) $159.1m (FY, 2014) | Revenue (est.) £107.1m (FY, 2018) |
Cost of goods | Cost of goods N/A | Cost of goods £225.5m (FY, 2023) | Cost of goods £35.7m (FY, 2018) | Cost of goods $45.4m (FY, 2014) | Cost of goods £66.7m (FY, 2018) |
Gross profit | Gross profit N/A | Gross profit £631.3m (FY, 2023) | Gross profit £50.1m (FY, 2018) | Gross profit $113.7m (FY, 2014) | Gross profit £40.4m (FY, 2018) |
Net income | Net income N/A | Net income £114m (FY, 2023) | Net income (£44.8m) (FY, 2018) | Net income ($26.3m) (FY, 2014) | Net income £833.3k (FY, 2018) |
Operating ⚠ | |||||
Active Customers | Active Customers N/A | Active Customers 400 k (FY, 2022) | Active Customers N/A | Active Customers 1.5 m (Q3, 2015) | Active Customers N/A |
Countries | Countries N/A | Countries 44 (FY, 2022) | Countries 148 (Jun, 2018) | Countries 130 (May, 2019) | Countries N/A |
Customers | Customers 1 m (Mar, 2019) | Customers 13 m (FY, 2022) | Customers N/A | Customers N/A | Customers N/A |
Transactions | Transactions N/A | Transactions N/A | Transactions 5.4 m (FY, 2016) | Transactions 4.3 m (Q3, 2015) | Transactions N/A |
Funding | |||||
Total funding raised | Total funding raised $ 420.1m | Total funding raised $ 1b | Total funding raised $ 407.7m | Total funding raised $ 116.5m | Total funding raised N/A |
For sources of this data, please see the company profile
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Wise
HQ
London, GB
Employees
2,919↑ 30% increase
Wise (formerly known as TransferWise) is a financial technology company that provides money transfer solutions.
View companyWorldRemit
HQ
London, GB
Employees
703↓ 1% decrease
WorldRemit is a company that develops an online service that lets customers send money to their friends and family living abroad, using a computer, smartphone or tablet.
View companyXoom
HQ
San Francisco, US
Xoom is a digital money transfer provider that allows users to send money, pay international bills, or reload phones.
View companySmall World Financial Services
HQ
London, GB
Employees
736↑ 2% increase
Small World Financial Services is a digital money transfer platform enabling its customers to securely send and receive money.
View company