Details
Remitly is a global digital financial services company that specialises in international money transfers, helping individuals send funds across borders quickly and securely. Founded in 2011 and headquartered in Seattle, the company operates entirely online through its website and mobile app, allowing users to transfer money without relying on traditional physical agents or banks.
The platform enables customers in multiple countries to send money to over 170 destinations worldwide, supporting more than 100 currencies and various delivery methods such as bank deposits, mobile wallets, and cash pickup. It is particularly popular among immigrant communities who need to send money to family and friends abroad, offering a faster and often more transparent alternative to traditional remittance services.
Remitly focuses on improving access to financial services by simplifying cross-border payments and reducing costs associated with transfers. With millions of active users and billions of dollars processed annually, the company positions itself as a technology-driven alternative in the global remittance market, aiming to increase financial inclusion and make international money movement more efficient and accessible worldwide.