Remitly competitorsClear all

Remitly's top competitors include Xoom, Small World Financial Services, TransferWise and WorldRemit.
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Remitly
Remitly
Remitly is an international payments company.
Xoom
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
Small World Financial Services is a digital money transfer platform enabling its customers to securely send and receive money.
TransferWise
TransferWise
TransferWise is a foreign exchange and money remittance company.
WorldRemit
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.
Founding Date
Founding Date
2011
Founding Date
2001
Founding Date
2005
Founding Date
2011
Founding Date
2010
Type
Type
Private
Type
Subsidiary
Type
Private
Type
Private
Type
Private
Tags
Locations
Locations
Seattle, US HQ
Cork, IE
Managua, NI
Manila, PH
Kraków, PL
London, GB
Spokane, US
Locations
San Francisco, US HQ
Locations
London, GB HQ
Locations
New York, US HQ
Collingwood, AU
Brussels, BE
Tallinn, EE
Budapest, HU
Chiyoda, JP
Kuala Lumpur, MY
see more
Locations
London, GB HQ
Sydney, AU
Saint Gilles, BE
Toronto, CA
港区, JP
Auckland, NZ
Cebu City, PH
see more
Employees
Employees
1,1043% increase
Employees
3112% decrease
Employees
5532% increase
Employees
2,2005% increase
Employees
8481% increase
Valuation ($)
Valuation ($)
1.5 b
Valuation ($)
N/A
Valuation ($)
N/A
Valuation ($)
5 b
Valuation ($)
1.5 b
Twitter followers
Twitter followers
11.4 k
Twitter followers
10.7 k
Twitter followers
1.1 k
Twitter followers
1.5 k
Twitter followers
29.9 k
Number of tweets (last 30 days)
Number of tweets (last 30 days)
83
Number of tweets (last 30 days)
8
Number of tweets (last 30 days)
14
Number of tweets (last 30 days)
N/A
Number of tweets (last 30 days)
249
Average likes per tweet (last 30 days)
Average likes per tweet (last 30 days)
0.5
Average likes per tweet (last 30 days)
N/A
Average likes per tweet (last 30 days)
1.6
Average likes per tweet (last 30 days)
N/A
Average likes per tweet (last 30 days)
1
Percentage of tweets with engagement (last 30 days)
Percentage of tweets with engagement (last 30 days)
30.12%
Percentage of tweets with engagement (last 30 days)
N/A
Percentage of tweets with engagement (last 30 days)
85.71%
Percentage of tweets with engagement (last 30 days)
N/A
Percentage of tweets with engagement (last 30 days)
36.55%
Alexa Website Rank
Alexa Website Rank
15823
Alexa Website Rank
7908
Alexa Website Rank
281221
Alexa Website Rank
20305
Alexa Website Rank
12991
Employee Rating
Employee Rating
4.4
Employee Rating
3.8
Employee Rating
2.9
Employee Rating
4.3
Employee Rating
2.7

Financial

Revenue (est.)
Revenue (est.)
$80m (Y, 2018)
Revenue (est.)
$159.1m (FY, 2014)
Revenue (est.)
£107.1m (FY, 2018)
Revenue (est.)
£302.6m (FY, 2020)
Revenue (est.)
£85.8m (FY, 2018)
Cost of goods
Cost of goods
N/A
Cost of goods
$45.4m (FY, 2014)
Cost of goods
£66.7m (FY, 2018)
Cost of goods
£117.6m (FY, 2020)
Cost of goods
£35.7m (FY, 2018)
Gross profit
Gross profit
N/A
Gross profit
$113.7m (FY, 2014)
Gross profit
£40.4m (FY, 2018)
Gross profit
£185m (FY, 2020)
Gross profit
£50.1m (FY, 2018)
Net income
Net income
N/A
Net income
($26.3m) (FY, 2014)
Net income
£833.3k (FY, 2018)
Net income
£21.3m (FY, 2020)
Net income
(£44.8m) (FY, 2018)

Operating

Countries
Countries
N/A
Countries
130 (May, 2019)
Countries
N/A
Countries
70 (FY, 2020)
Countries
148 (Jun, 2018)
Customers
Customers
1 m (Mar, 2019)
Customers
N/A
Customers
N/A
Customers
8 m (Jul, 2020)
Customers
N/A
Transactions
Transactions
N/A
Transactions
4.3 m (Q3, 2015)
Transactions
N/A
Transactions
N/A
Transactions
5.4 m (FY, 2016)

Funding

Latest funding round
Latest funding round
$ 85m (about 1 year ago)
Latest funding round
N/A
Latest funding round
N/A
Latest funding round
$ 319m (about 1 year ago)
Latest funding round
$ 175m (about 2 years ago)
Total funding raised
Total funding raised
$ 420.1m
Total funding raised
$ 116.5m
Total funding raised
N/A
Total funding raised
$ 1b
Total funding raised
$ 407.7m
For sources of this data, please see the company profile

View company profiles

Xoom
HQ
San Francisco, US

Xoom is a digital money transfer provider that allows users to send money, pay international bills, or reload phones.

View company
Small World Financial Services
HQ
London, GB
Employees
553↑ 2% increase

Small World Financial Services is a digital money transfer platform enabling its customers to securely send and receive money.

View company
TransferWise
HQ
New York, US
Employees
2,200↑ 5% increase

TransferWise is a foreign exchange and money remittance company.

View company
WorldRemit
HQ
London, GB
Employees
848↑ 1% increase

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 company