Tagged: remitly

February 3, 2020 @ 11:30 am By Samantha Hurst  |  

Remitly, a U.S.-based online money transfer service, announced on Monday it has launched a new mobile banking service called Passbook by Remitly specifically for the immigrant community. According to Remitly, the service offers an app-based account that charges no monthly fees, ATM fees, overdraft charges or… Read More

January 27, 2020 @ 12:16 pm By Samantha Hurst  |  

Remitly, a U.S.-based online money transfer service, announced on Monday it has teamed up with Alipay to enable Remitly customers to send money from their smartphone or computer, and for funds to be received within the Alipay app. The company is claiming to be the… Read More

July 10, 2019 @ 8:02 am By Samantha Hurst  |  

U.S.-based independent mobile remittance company Remitly announced on Wednesday it secured $220 million in new financing to continue its international expansion. Remitly reported that the funding includes $135 million Series E equity and $85 million syndicated debt financing. The equity component is led by Generation… Read More

April 18, 2019 @ 8:34 pm By Samantha Hurst  |  

U.S.-based independent mobile remittance company Remitly announced on Thursday it has launched its international money transfer service in France. Customers may now access the Remitly service through its mobile app or website and benefit from a variety of secure and convenient money sending and receiving… Read More

March 28, 2019 @ 9:28 pm By Samantha Hurst  |  

U.S.-based independent mobile remittance company Remitly announced on Thursday it has teamed up with Visa to enhance its cross-border money transfer service.  Working together, Remitly and Visa are planning to provide the ability to send funds from the U.S. to eligible Visa debit cards across borders,… Read More

September 12, 2018 @ 11:31 am By Samantha Hurst  |  

Just one year after launching its service in the UK,  U.S.-based independent mobile remittance company Remitly announced it was continuing its global expansion efforts by launching in Europe. Founded in 2011, Remitly describes itself as an international payments company that leverages digital channels, including mobile… Read More

August 23, 2018 @ 3:43 pm By JD Alois  |  

Remitly, the largest private digital remittance Fintech HQed in the US, has boosted its money transfer service to India. The update moves its daily sending limit to $30,000 on money sent to India from the United States. Remittance payments around the world have become a… Read More