About Remitly
Remitly is a mobile payments service that enables users to make person-to-person international money transfers.
Headquarters
Remitly, Seattle
Founded
2011-01-01
Industry
Financial Services, FinTech, Payments
Last Funding Type
Post Ipo Equity
Valuation
6.9
Total Funding
$526.74 million dollars
IPO Status
Public
Financial
Remitly is moving into a new headquarters office in downtown Seattle. The company reported first-quarter results with revenue up 32% year over year to $269.1 million but missed analysts' expectations. Shares fell 22.9% in the pre-market session following the report. Additionally, Remitly hired a new chief compliance officer from Google.
Funding Rounds
15
Number of Lead Investors
8
Total Funding Amount
$526.74 million dollars
Number of Investors
31