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Overview

Remitly is a Seattle-based fintech company founded in 2011, specializing in international money transfers. The company operates entirely online, allowing users to send money quickly and affordably to family and friends in over 170 countries, supporting around 100 currencies. Remitly's services include electronic money transfers, which can be received via bank deposits, mobile wallets, or cash pickups, depending on the destination.

The Remitly mobile app, available on iOS and Android, facilitates secure transfers and offers features for tracking and managing remittances. Additionally, the company launched Passbook in 2018, a money management app designed to help immigrants in the U.S. manage their finances. Remitly has also made strategic acquisitions to enhance its offerings and improve financial inclusion for its users. With a mission to simplify cross-border payments, Remitly serves a diverse customer base, primarily focusing on immigrants and expatriates.
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