Remitly Global is a digital financial services company that specializes in cross-border money transfers for immigrants and international workers. Leveraging a mobile-first platform, Remitly enables users to send funds from developed economies to recipients in emerging markets quickly and securely. By operating entirely online, the company seeks to reduce the costs and friction traditionally associated with remittance services offered by brick-and-mortar providers.
The company’s core services include instant and economy transfer options, allowing senders to choose between faster delivery times and lower transaction fees. Recipients can receive funds directly into bank accounts, mobile wallets or as cash pickups at partner locations. Additional features, such as real-time exchange rate locks, transparent fee structures and in-app tracking, are designed to enhance user confidence through every step of the transaction.
Since its founding in 2011, Remitly has expanded its reach to serve customers in North America, Europe, Australia and the United Kingdom, with payout corridors spanning Latin America, South Asia, Southeast Asia and parts of Africa. The company maintains global offices in key markets—including Seattle, London, Manila and Singapore—to support regional compliance, customer service and business development initiatives.
Headquartered in Seattle and publicly traded on the NASDAQ under the ticker RELY, Remitly was co-founded by Matt Oppenheimer, Josh Hug and Paula Friedman. Under Oppenheimer’s leadership as CEO, the firm has pursued partnerships with banks, mobile network operators and fintech platforms to broaden its distribution network. A focus on proprietary risk-management systems, data analytics and user-centric design continues to guide the company’s growth in the competitive remittance landscape.
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