Tagged: matt oppenheimer

Fintech Remitly and Visa Extend Cross-Border Funds Transfer Collaboration

Remitly is pleased to announce an expanded five-year collaboration with Visa aimed at streamlining global money movement for Remitly customers and building on the company’s initial integration of Visa Direct. Through our extended collaboration, Remitly customers “in more than 15 countries, including the U.S., Canada,… Read More

Digital Financial Services: Remitly Global Reports Increase in Active Customers, Send Volume Rises

Remitly Global, Inc. (NASDAQ: RELY), a digital financial services provider for immigrants and their families in over 170 countries around the world, reported results for the first quarter ended March 31, 2023. Matt Oppenheimer, co-founder and Chief Executive Officer, Remitly, said: “We are pleased to… Read More

Digital Financial Services Provider Remitly Appoints Members to Board of Directors

Remitly Global, Inc. (NASDAQ: RELY), a digital financial services provider for immigrants and their families, announced the appointments of Phyllis Campbell and Ryno Blignaut to its Board of Directors. Matt Oppenheimer, CEO of Remitly, said: “We are delighted to welcome Phyllis and Ryno to Remitly’s… Read More

Global Fintech Remitly Expands Services to New Zealand, Japan

Remitly Global, Inc. (NASDAQ: RELY), a digital financial services provider for immigrants and their families in over 170 countries around the world, announced key business milestones in the Asia-Pacific (APAC) region. Remitly has expanded its global footprint “to include Japan and New Zealand. To date,… Read More

Digital Financial Services Provider Remitly to Acquire Rewire

Remitly Global, Inc., (NASDAQ: RELY), a global digital financial services provider for immigrants and their families, announced that it has signed a definitive agreement to acquire Rewire, an Israeli-based financial services platform for migrant workers. Under the terms of the agreement, Remitly will “acquire Rewire… Read More

Remitly Raises $85 Million at $1.5 Billion Valuation as Business Booms During COVID

Remitly, a Fintech providing transfers targeting the immigrant community, has raised $85 million at a $1.5 billion valuation. Remitly said its business is booming during the COVID-19 pandemic. FT Partners served as the financial advisor to Remitly on this transaction with existing investor PayU leading… Read More

US Fintech Platform Remitly Secures $38M, Expands into Latin America

Remitly, an independent mobile remittance company in the US, announced its receipt of  $38 million in new equity and debt financing from IFC, a member of the World Bank Group, and Silicon Valley Bank. The financing will aid in the company’s expansion to deliver international fund transfers… Read More

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