Remitly Competitors and Similar CompaniesClear all

Remitly's competitors and similar companies include Xoom, Small World Financial Services, Wise and WorldRemit.
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.
Wise
Wise
Wise (formerly known as TransferWise) is a financial technology company that provides money transfer and online currency exchange solutions.
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
Subsidiary
Type
Subsidiary
Type
Private
Type
Public
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
London, GB
London, GB
Albany, US
Chicago, US
Lansing, US
Nashville, US
see more
Locations
London, GB HQ
Melbourne, AU
Sydney, AU
Sydney, AU
Brussels, BE
Brussels, BE
São Paulo, BR
see more
Locations
London, GB HQ
Sydney, AU
Saint Gilles, BE
Toronto, CA
港区, JP
Auckland, NZ
Kraków, PL
see more
Employees
Employees
2,821
Employees
2281% decrease
Employees
8443% increase
Employees
5,353
Employees
5365% decrease
Valuation ($)
Valuation ($)
N/A
Valuation ($)
N/A
Valuation ($)
N/A
Valuation ($)
9 b
Valuation ($)
900 m
Twitter followers
Twitter followers
13.2 k
Twitter followers
11.5 k
Twitter followers
1.2 k
Twitter followers
147.7 k
Twitter followers
36.4 k
Number of tweets (last 30 days)
Number of tweets (last 30 days)
87
Number of tweets (last 30 days)
11
Number of tweets (last 30 days)
N/A
Number of tweets (last 30 days)
927
Number of tweets (last 30 days)
554
Average likes per tweet (last 30 days)
Average likes per tweet (last 30 days)
1.4
Average likes per tweet (last 30 days)
N/A
Average likes per tweet (last 30 days)
N/A
Average likes per tweet (last 30 days)
0.5
Average likes per tweet (last 30 days)
0.7
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)
N/A
Percentage of tweets with engagement (last 30 days)
N/A
Percentage of tweets with engagement (last 30 days)
13.7%
Percentage of tweets with engagement (last 30 days)
15.88%

Financial

Revenue (est.)
Revenue (est.)
$80m (Y, 2018)
Revenue (est.)
$159.1m (FY, 2014)
Revenue (est.)
£107.1m (FY, 2018)
Revenue (est.)
£1.1b (FY, 2024)
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
£252.5m (FY, 2024)
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
£805.2m (FY, 2024)
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
£354.6m (FY, 2024)
Net income
(£44.8m) (FY, 2018)

Operating

Active Customers
Active Customers
N/A
Active Customers
1.5 m (Q3, 2015)
Active Customers
N/A
Active Customers
650 k (FY, 2023)
Active Customers
N/A
Countries
Countries
N/A
Countries
130 (May, 2019)
Countries
N/A
Countries
170 (FY, 2023)
Countries
148 (Jun, 2018)
Customers
Customers
1 m (Mar, 2019)
Customers
N/A
Customers
N/A
Customers
10 m (FY, 2023)
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

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
844↑ 3% increase

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

View company
Wise
HQ
London, GB
Employees
5,353

Wise (formerly known as TransferWise) is a financial technology company that provides money transfer and online currency exchange solutions.

View company
WorldRemit
HQ
London, GB
Employees
536↓ 5% 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 company