Remitly

FinTech Remitly to Acquire Rewire for $80M
FinTech Remitly to Acquire Rewire for $80M
August 16, 2022  |  Acquisitions

Remitly, a global finTech that provides digital remittance solutions, announced Tuesday (Aug. 16) that it has signed a definitive agreement to acquire Rewire, an Israeli-based...

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FinTechs Redefine X-Border Payments for African Consumers, SMBs
FinTechs Redefine X-Border Payments for African Consumers, SMBs
July 05, 2022  |  Cross-border Payments

Remittance corridors that connect African nations to economies in Europe, the Middle East and the U.S. provide a vital lifeline for many individuals moving money...

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Remitly on Serving Underbanked Populations and Ensuring Shared Alignment With Partners
Remitly on Serving Underbanked Populations and Ensuring Shared Alignment With Partners
June 14, 2022  |  Digital-First Banking

Moving to a new country is never easy, and gaining access to banking services is one of the more challenging aspects for new residents of...

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Remitly: FinTechs and Banks Team to Serve the Underbanked
Remitly: FinTechs and Banks Team to Serve the Underbanked
June 13, 2022  |  Digital-First Banking

As life begins to settle back into some semblance of normalcy, more than a few digital conveniences that consumers took advantage of throughout the pandemic...

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Wise, Remitly Suspend Money Transfer Services to Russia
Wise, Remitly Suspend Money Transfer Services to Russia
February 28, 2022  |  International

Both cross-border payments company Wise and remittance processor Remitly have suspended their money transfer services in Russia due to the sanctions there and the ongoing...

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Behavioral Analytics Can Foster Consumer Satisfaction In the Cross-Border Remittance Market
Behavioral Analytics Can Foster Consumer Satisfaction In the Cross-Border Remittance Market
January 03, 2022  |  Cross-border Payments

Sending money abroad has become an essential part of migrant workers’ lives, leading to a boom in remittance service providers who help customers send billions...

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How Remitly Uses Behavioral Analytics to Foster Consumer Satisfaction
How Remitly Uses Behavioral Analytics to Foster Consumer Satisfaction
December 28, 2021  |  Authentication

Immigrants working abroad want receivers to get their funds instantly, at the same time, remittance platforms need compliant systems to keep those transfers secure. In...

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Remittance Platforms Tap Behavioral Analytics to Reduce Fraud, False Positives
Remittance Platforms Tap Behavioral Analytics to Reduce Fraud, False Positives
December 27, 2021  |  Authentication

Onboarding sets the stage for the rest of the customer experience, regardless of industry — one recent report found nearly two-thirds of consumers think about...

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Remitly Pairs with Novi on Digital Wallet
Remitly Pairs with Novi on Digital Wallet
October 19, 2021  |  Digital Payments

Digital financial services platform Remitly Global Inc. on Tuesday (Oct. 19) announced a collaboration with digital wallet Novi to support Novi’s pilot launch, including cash...

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