Remitly is an American online remittance service and the largest independent digital remittance company in the United States, based in Seattle, Washington, offering international money transfers to over 170 countries across 175+ countries globally with competitive exchange rates, no hidden fees, and guaranteed on-time delivery. Founded in 2011 by Matthew Oppenheimer (CEO), Josh Hug (COO), and Shivaas Gulati (Head of Engineering), Remitly became publicly traded on the Nasdaq exchange (ticker: RELY, S&P 600 component) on September 23, 2021, operating as a public company with 1,001-5,000 employees in the financial services industry focused on mobile payments, remittance, digital money transfer, banking, fintech, and lending.
Remitly transfers more than $1.5 billion from customers in the U.S. and Canada to loved ones throughout the world, combining traditional money transfer services with modern mobile payments and delivery to digital wallets to send money directly to bank accounts, mobile wallets, cash pickup locations, and door deliveries. The company’s proprietary global transfer network includes an easy-to-use mobile app that makes sending money faster, easier, more transparent, and less costly by eliminating the forms, codes, agents, extra time, and fees typical of the traditional, century-old money transfer process, with digitally-native cross-border remittance services that eliminate long wait times, complexities, and fees.
Remitly offers fast transfers with an express service that ensures funds reach recipients within minutes for urgent situations, plus reliable money transfers with every transfer guaranteed to arrive on time or fees are refunded, serving over 175 countries across 100+ currencies. The company is trusted by millions of people worldwide for fast, secure money transfers and easy mobile payments for international transfers and remittance, with support for transfers to countries across Asia, Africa, Europe, Latin America, and more, making it easy, fast, and affordable anytime, anywhere. Remitly is headquartered at 401 Union Street, Suite 1000, Seattle, WA 98101 (primary office at 1111 3rd Ave, Suite 2100, Seattle, Washington 98101) with additional offices in Manila (Philippines), Managua (Nicaragua), Cork (Ireland), London (UK), Krakow (Poland), Singapore, Spokane (Washington), Tel Aviv (Israel), Amsterdam (Netherlands), Arlington (Virginia), and New Westminster (BC, Canada).