Wise Competitors and Similar CompaniesClear all
Remitly Global's competitors and similar companies include N26, Qonto, Payoneer, MoneyGram, Ebury, PayPal, Remitly, Azimo, WorldRemit, Revolut and Western Union.
 Remitly Global Remitly Global is a company providing financial services to immigrants and their families. |  MoneyGram MoneyGram is a global financial technology company providing money transfer and payment services. |  Ebury Ebury Partners is a company specialized in international payments, collections, and foreign exchange services. |  Azimo Azimo is a payment processing company that provides internet and mobile-based inter-country consumer money transfer services. |  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. |  Western Union The Western Union is a global provider of money movement and payment services for consumers and businesses. | |||||||
Founding Date | Founding Date 2018 | Founding Date 2013 | Founding Date 2016 | Founding Date 2005 | Founding Date 1940 | Founding Date 2009 | Founding Date 1998 | Founding Date 2011 | Founding Date 2012 | Founding Date 2010 | Founding Date 2015 | Founding Date 1851 |
Type | Type Public | Type Private | Type Private | Type Public | Type Public | Type Subsidiary | Type Public | Type Subsidiary | Type Private | Type Private | Type Private | Type Public |
Tags | ||||||||||||
Locations | Locations Seattle, US HQ | Locations Berlin, DE HQ Vienna, AT São Paulo, BR Berlin, DE Berlin, DE Milano, IT New York, US | Locations Paris, FR HQ Paris, FR Berlin, DE Milan, IT Barcelona, ES | Locations New York, US HQ Sydney, AU Dublin, IE Petah Tikva, IL London, GB | Locations Dallas, US HQ Brussels, BE São Paulo, BR Vancouver, CA Shanghai, CN Hong Kong, HK Mumbai, IN see more | Locations London, GB HQ Brisbane City, AU Melbourne, AU North Sydney, AU Perth, AU Bruxelles, BE São Paulo, BR see more | Locations Seattle, US HQ Cork, IE Tel Aviv Yafo, IL Amsterdam, NL Managua, NI Manila, PH Kraków, PL see more | Locations Greater London, GB HQ | ||||
Employees | Employees 1,600 | Employees 1,7561% increase | Employees 2,0451% increase | Employees 2,33625% increase | Employees 2,43617% decrease | Employees 1,764 | Employees 27,2009% decrease | Employees 3,1221% increase | Employees 492% increase | Employees 4202% decrease | Employees 18,6772% increase | Employees 9,0001% increase |
Valuation ($) | Valuation ($) 2.9 b | Valuation ($) 3.5 b | Valuation ($) N/A | Valuation ($) 2.7 b | Valuation ($) 1.1 b | Valuation ($) N/A | Valuation ($) 73.6 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 900 m | Valuation ($) 33 b | Valuation ($) 4 b |
Financial | ||||||||||||
Revenue (est.) | Revenue (est.) $1.6b (FY, 2025) | Revenue (est.) €43.6m (FY, 2018) | Revenue (est.) €37m (FY, 2020) | Revenue (est.) $1.1b (FY, 2025) | Revenue (est.) $1.3b (FY, 2022) | Revenue (est.) £29.4m (FY, 2022) | Revenue (est.) $33.2b (FY, 2025) | Revenue (est.) N/A | Revenue (est.) £10.8m (FY, 2018) | Revenue (est.) £85.8m (FY, 2018) | Revenue (est.) £636.2m (FY, 2021) | Revenue (est.) $4.1b (FY, 2025) |
Cost of goods | Cost of goods N/A | Cost of goods €14.5m (FY, 2018) | Cost of goods €17.3m (FY, 2020) | Cost of goods N/A | Cost of goods $610.7m (FY, 2022) | Cost of goods £15m (FY, 2022) | Cost of goods N/A | Cost of goods N/A | Cost of goods £4.8m (FY, 2018) | Cost of goods £35.7m (FY, 2018) | Cost of goods £196m (FY, 2021) | Cost of goods $2.6b (FY, 2025) |
Gross profit | Gross profit N/A | Gross profit €29.6m (FY, 2018) | Gross profit €19.8m (FY, 2020) | Gross profit N/A | Gross profit $619.9m (FY, 2022) | Gross profit £14.4m (FY, 2022) | Gross profit N/A | Gross profit N/A | Gross profit £6m (FY, 2018) | Gross profit £50.1m (FY, 2018) | Gross profit £440.2m (FY, 2021) | Gross profit $1.5b (FY, 2025) |
Net income | Net income $67.9m (FY, 2025) | Net income (€39.9m) (FY, 2018) | Net income (€26.9m) (FY, 2020) | Net income $73.2m (FY, 2025) | Net income $34.2m (FY, 2022) | Net income (£29.1m) (FY, 2022) | Net income $5.2b (FY, 2025) | Net income N/A | Net income (£6.8m) (FY, 2018) | Net income (£44.8m) (FY, 2018) | Net income £26.3m (FY, 2021) | Net income $499.6m (FY, 2025) |
Operating ⚠ | ||||||||||||
Countries | Countries N/A | Countries 25 (Jun, 2020) | Countries N/A | Countries 190 (Q2, 2023) | Countries 200 (Q2, 2019) | Countries N/A | Countries N/A | Countries N/A | Countries N/A | Countries 148 (Jun, 2018) | Countries N/A | Countries 200 (FY, 2022) |
Countries Covered | Countries Covered N/A | Countries Covered N/A | Countries Covered N/A | Countries Covered N/A | Countries Covered N/A | Countries Covered 21 (Jul, 2023) | Countries Covered N/A | Countries Covered 57 (Jul, 2020) | Countries Covered N/A | Countries Covered N/A | Countries Covered 200 (Aug, 2023) | Countries Covered N/A |
Currencies | Currencies N/A | Currencies N/A | Currencies N/A | Currencies N/A | Currencies N/A | Currencies 130 (Jul, 2023) | Currencies 150 (FY, 2022) | Currencies N/A | Currencies N/A | Currencies N/A | Currencies 28 (Aug, 2023) | Currencies N/A |
Customers | Customers N/A | Customers 5 m (Jun, 2020) | Customers N/A | Customers N/A | Customers N/A | Customers N/A | Customers N/A | Customers 1 m (Mar, 2019) | Customers N/A | Customers N/A | Customers 30 m (Aug, 2023) | Customers N/A |
Enterprise Customers | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers 400 k (Aug, 2023) | Enterprise Customers 5 m (FY, 2020) | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A | Enterprise Customers N/A |
Markets | Markets N/A | Markets N/A | Markets N/A | Markets N/A | Markets N/A | Markets N/A | Markets 200 (FY, 2022) | Markets 17 (Jul, 2020) | Markets N/A | Markets N/A | Markets N/A | Markets N/A |
Partners | Partners N/A | Partners N/A | Partners N/A | Partners N/A | Partners 750 (FY, 2018) | Partners 3 (Jul, 2023) | Partners N/A | Partners 40 k (Mar, 2019) | Partners N/A | Partners N/A | Partners N/A | Partners N/A |
Product Categories | Product Categories N/A | Product Categories N/A | Product Categories 4 (Aug, 2023) | Product Categories N/A | Product Categories N/A | Product Categories 4 (Jul, 2023) | Product Categories N/A | Product Categories N/A | Product Categories N/A | Product Categories N/A | Product Categories N/A | Product Categories N/A |
Registered Users | Registered Users N/A | Registered Users N/A | Registered Users N/A | Registered Users N/A | Registered Users N/A | Registered Users N/A | Registered Users N/A | Registered Users N/A | Registered Users 2 m (Feb, 2020) | Registered Users N/A | Registered Users 13 m (Dec, 2020) | Registered Users N/A |
Trademarks | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks 7 (Jun, 2020) | Trademarks N/A | Trademarks N/A | Trademarks 6 (Aug, 2023) | Trademarks N/A |
Transactions | Transactions N/A | Transactions 10 m (Y, 2016) | Transactions N/A | Transactions N/A | Transactions N/A | Transactions N/A | Transactions 6.5 b (Q1, 2024) | Transactions N/A | Transactions N/A | Transactions 5.4 m (FY, 2016) | Transactions N/A | Transactions 70.6 m (Q2, 2023) |
Funding | ||||||||||||
Latest funding round | Latest funding round N/A | Latest funding round $ 100m (about 6 years ago) | Latest funding round $ 115m (over 6 years ago) | Latest funding round N/A | Latest funding round N/A | Latest funding round N/A | Latest funding round N/A | Latest funding round N/A | Latest funding round $ 20m (about 8 years ago) | Latest funding round $ 175m (almost 7 years ago) | Latest funding round $ 800m (almost 5 years ago) | Latest funding round N/A |
Total funding raised | Total funding raised N/A | Total funding raised $ 782.8m | Total funding raised $ 151.1m | Total funding raised $ 270m | Total funding raised $ 59m | Total funding raised $ 570.8m | Total funding raised $ 217m | Total funding raised $ 420.1m | Total funding raised $ 66m | Total funding raised $ 407.7m | Total funding raised $ 1.7b | Total funding raised N/A |
For sources of this data, please see the company profile
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