Remitly Revenue and Competitors
Estimated Revenue & Valuation
- Remitly's estimated annual revenue is currently $516.4M per year.
- Remitly received $115.0M in venture funding in November 2017.
- Remitly's estimated revenue per employee is $185,900
- Remitly's total funding is $505M.
- Remitly's current valuation is $6.5B. (September 2021)
Employee Data
- Remitly has 2778 Employees.
- Remitly grew their employee count by 40% last year.
Remitly Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $193.3M | 1040 | 43% | $699.7M | $5B |
#2 | $24570M | 32520 | 5% | $216M | $209.6B |
#3 | $5M | 51 | 4% | N/A | N/A |
#4 | $1277.8M | 7021 | 7% | N/A | N/A |
#5 | $7.3M | 56 | N/A | N/A | N/A |
#6 | $35.9M | 225 | N/A | N/A | N/A |
#7 | $33.2M | 366 | N/A | N/A | N/A |
#8 | $2.1M | 21 | N/A | N/A | N/A |
#9 | $5.1M | 44 | N/A | N/A | N/A |
What Is Remitly?
Remitly is an international payments company that leverages digital channels, including mobile phones, to send money internationally. Remitly's digital products are fundamentally faster, less expensive, and far more convenient for customers to send money across borders.
keywords:saas, Consumer Services,E-Commerce,Finance,Mobile,Payments
$505M
Total Funding
2778
Number of Employees
$516.4M
Revenue (est)
40%
Employee Growth %
$6.5B
Valuation
N/A
Accelerator
Remitly's People
| Name | Title | Email/Phone |
|---|---|---|
1 | Director, Digital Support Product | Reveal Email/Phone |
2 | CMO | Reveal Email/Phone |
3 | Director Financial Planning and Analysis | Reveal Email/Phone |
4 | Engineering Manager, Marketing Platform | Reveal Email/Phone |
5 | Staff Software Engineer | Reveal Email/Phone |
6 | Senior Program Manager, Enterprise Systems | Reveal Email/Phone |
7 | Director, Brand Strategy & Management | Reveal Email/Phone |
8 | VP Brand | Reveal Email/Phone |
9 | VP, Global Executive & Leadership Talent | Reveal Email/Phone |
10 | Director - Global Facilities | Reveal Email/Phone |
Remitly News
Remitly Global, Inc. (NASDAQ: RELY) (Remitly), a leading digital financial services provider for immigrants and their families,...
Remitly Global was established with the primary purpose of creating seamless transborder transactions, especially between immigrants and...
Remitly Global ( RELY 5.25% ), a newly public company, focuses on remittance services for immigrants who want to send money internationally.
Remitly employees inside one of the company’s offices. (Remitly Photo) It’s been a heck of a startup journey for Remitly. The latest chapter begins Thursday when the mobile remittance company starts trading on the NASDAQ, marking a key milestone for a 10-year-old firm that has navigated throug ...
Fintech startups are having one hell of a week. On the heels of Boston-based software-and-payments company Toast’s strong IPO pricing, Remitly priced shares in its own debut above its proposed range yesterday evening. The Seattle-based fintech company sold 12,162,777 shares (7,000,000 primary) ...
Other Companies in Seattle
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $623.8M | 3073 | 4% | N/A |
#2 | $719.3M | 3211 | 7% | N/A |
#3 | $300M | 3272 | 5% | N/A |
#4 | $1212.1M | 3422 | 13% | N/A |
#5 | $1280.7M | 3427 | -4% | N/A |
Remitly Funding
| Date | Amount | Round | Lead Investors | Reference |
|---|---|---|---|---|
| 2014-01-07 | $5.5M | A | QED | Article |
| 2015-03-20 | $12.5M | B | DFJ | Article |
| 2016-04-27 | $38.5M | C | Stripes Group | Article |
| 2016-10-03 | $38.0M | Undisclosed | IFC | Article |
| 2017-11-01 | $115.0M | D | Naspers | Article |