Tagged: matt oppenheimer

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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