Remitly Competitors and Similar CompaniesClear all
Remitly's competitors and similar companies include Xoom and WorldRemit.
 Xoom Xoom is a digital money transfer provider that allows users to send money, pay international bills, or reload phones. |  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 2010 |
Type | Type Subsidiary | Type Subsidiary | Type Private |
Tags | |||
Locations | Locations Seattle, US HQ Cork, IE Tel Aviv Yafo, IL Amsterdam, NL Managua, NI Manila, PH Kraków, PL see more | Locations San Francisco, US HQ | |
Employees | Employees 3,1221% increase | Employees 230 | Employees 4202% decrease |
Financial | |||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) $159.1m (FY, 2014) | Revenue (est.) £85.8m (FY, 2018) |
Cost of goods | Cost of goods N/A | Cost of goods $45.4m (FY, 2014) | Cost of goods £35.7m (FY, 2018) |
Gross profit | Gross profit N/A | Gross profit $113.7m (FY, 2014) | Gross profit £50.1m (FY, 2018) |
Net income | Net income N/A | Net income ($26.3m) (FY, 2014) | Net income (£44.8m) (FY, 2018) |
Operating ⚠ | |||
Countries | Countries N/A | Countries 130 (May, 2019) | Countries 148 (Jun, 2018) |
Transactions | Transactions N/A | Transactions 4.3 m (Q3, 2015) | Transactions 5.4 m (FY, 2016) |
Funding | |||
Total funding raised | Total funding raised $ 420.1m | Total funding raised $ 116.5m | Total funding raised $ 407.7m |
For sources of this data, please see the company profile
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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 companyWorldRemit
HQ
London, GB
Employees
420↓ 2% 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