Remilty have expanded their seafarers product experience to the European Union, United Kingdom, Australia, and Singapore. With this launch, Remitly said that they aim to bring even more seafarers the reliable, “secure,” and accessible money transfer service they deserve Remitly noted in a blog post… Read More
Remitly (NASDAQ: RELY) is pleased to announce the opening of their first Greater Vancouver area office in New Westminster, nestled along the picturesque Fraser River. According to Remit, this new location marks “a significant milestone in our growth journey as we expand our corporate footprint… Read More
Remitly Global, Inc. (NASDAQ: RELY), a provider of digital financial services, has announced the appointment of finance executive Vikas Mehta as Chief Financial Officer, succeeding Hemanth Munipalli, effective August 19, 2024. Munipalli is leaving for family reasons, and will “oversee an orderly transition, remaining with… Read More
Remitly is pleased to introduce our new Chief People Officer, Ronit Peled. Remitly is an international payments company that “leverages digital channels, including mobile phones, to send money internationally.” Remitly’s digital products are said to be “fundamentally faster, less expensive, and far more convenient for… Read More
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
Mastercard (NYSE: MA) and Remitly Global, Inc. (NASDAQ: RELY), a digital financial services provider for immigrants and their families, announced they’ve joined forces to expand access to cross-border payments and remittances. Tapping into the power of the Mastercard network, Remitly will integrate Mastercard’s Send and… Read More
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
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
Remitly Global, Inc. (NASDAQ: RELY), a digital financial services provider for immigrants and their families, announced it has expanded into the Middle East with the launch of its outbound remittance product in the UAE. Remitly has also “opened an office in the Dubai International Financial… Read More
QED Investors is probably the most prominent and successful Fintech-focused venture capital firm. Holding dozens of well-known names in their portfolio – including multiple unicorns, QED is hyper-engaged with the Fintech ecosystem around the world. Recently, QED distributed a couple of comments on the… Read More
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
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, a payments company that leverages digital channels, including mobile phones, to send money internationally, has explained how you can send funds securely to Thailand. Remitly writes in a blog post that if you’re looking for a safe way to send funds to Thailand, then… Read More
Senior management professionals from Fintech giants such as Grab, PayPal, and Stripe have all come together to establish an angel investment network that will aim to channel funds towards early-stage ventures based in Southeast Asia. Established with assistance from Saison Capital and Finantier, the Fintech… Read More
Personal finance specialist Joyce Chou notes that there are ways to send money during times of need even when you might not have enough cash in your savings or checking account. Chou writes in a blog post published by Remitly, a cross-border payments service, that… Read More
Remitly, a U.S.-based online money transfer service for immigrants, announced on Wednesday the expansion of its mobile wallet network, which now reaches over 300 million mobile wallet holders across the globe. According to Remitly, this more than doubling its reach from 160 million earlier this… Read More
Remitly, a U.S.-based online money transfer service, announced on Wednesday it secured $85 million through its latest investment round, which was led by Prosus’s PayU, at a $1.5 billion valuation. Generation Investment Management, Owl Rock Capital, Stripes, DN Capital, Top Tier, Princeville Global, and Threshold… Read More
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
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
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
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