Remitly

FinTech Remitly Makes Move Toward $5 Billion New York IPO 
FinTech Remitly Makes Move Toward $5 Billion New York IPO 
May 06, 2021  |  IPO

The FinTech startup Remitly is taking steps toward an initial public offering (IPO) in New York that could give the remittance platform a $5 billion...

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Remitly Sees Vast Growth In Mobile Wallet Network
Remitly Sees Vast Growth In Mobile Wallet Network
August 26, 2020  |  Mobile Payments

Remitly, which sells financial services products aimed at making it easier for immigrants to send money electronically to recipients in their countries of origin, said...

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Money Transfer Startup Remitly Nets $85M On $1.5B Valuation
Money Transfer Startup Remitly Nets $85M On $1.5B Valuation
July 30, 2020  |  Investments

Remitly, which works to provide remittances and financial services for immigrants, announced an $85 million funding round amid a worldwide surge in demand for those...

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Remitly Taps Immigrant Market With New Passbook Banking Service
Remitly Taps Immigrant Market With New Passbook Banking Service
February 03, 2020  |  Banking

Seattle global remittance startup Remitly is rolling out a new banking product created especially for immigrants, the company announced Monday (Feb. 3). Get the Full...

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Remitly Scores $135M To Expand Globally
Remitly Scores $135M To Expand Globally
July 10, 2019  |  Investments

Weeks after Facebook took aim at its core business, Seattle-based Remitly notched $135 million in funding at a valuation of almost $1 billion. The company...

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Visa Partners With Remitly On Real-Time Global P2P
Visa Partners With Remitly On Real-Time Global P2P
March 28, 2019  |  VISA

Instant payments — and the ability to push funds immediately across the debit rails to consumer bank accounts — has entered something of a renaissance. The demand is...

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Remitly Grows Global Footprint; MYOB Plans Omnichanel Gateway
Remitly Grows Global Footprint; MYOB Plans Omnichanel Gateway
December 11, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Remitly’s coverage expansion and product enhancements, as the company...

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India Grabs Headlines; Ripple Makes Waves In X-Border Efforts                             
India Grabs Headlines; Ripple Makes Waves In X-Border Efforts                             
August 16, 2018  |  B2B Payments

India gains some traction with SWIFT's gpi service and cross-border payments, while even despite crypto's freefall, Ripple eyes that country -- and China, too --...

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Remitly Raises $115M Series D
Remitly Raises $115M Series D
November 01, 2017  |  Investments

Remitly, an independent digital remittance company, announced that it had agreed to raise up to $115 million in series D funding, according to Business Wire....

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