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Remitly - aVenture Company Research
Remitly
Updated Aug 28, 2026 Added Dec 29, 2023
Updated Aug 28, 2026
Remitly: Simplifying international payments via mobile.
Remitly, founded in 2011 by Matthew Oppenheimer, Josh Hug, and Shivaas Gulati, is a financial services company headquartered in Seattle, United States. The company's core mission is to simplify international payments through digital channels, primarily mobile phones. Remitly offers international money transfer services to over 150 countries, focusing on providing faster, less expensive, and more convenient options for customers. Their services include various delivery methods such as bank accounts, mobile wallets, and cash pickups.
Notable figures affiliated with Remitly include co-founders Matthew Oppenheimer (CEO), Josh Hug (COO), and Shivaas Gulati (Head of Engineering). The company went public on Nasdaq under the ticker RELY. As of 2022, Remitly reported a revenue of $653 million and employed around 2,200 people by 2023. The company has significantly impacted the remittance industry by offering secure, reliable, and timely money transfer services, earning the trust of millions of users worldwide.
Remitly - Similar Companies
Remitly - Quick Facts When was Remitly founded? Remitly was founded in 2011.
Where is Remitly's headquarters located? Remitly's headquarters is located in Seattle, WA, US.
When was Remitly's last funding round? Remitly's most recent funding round was for 5.8M in January 2023.
How much has Remitly raised to-date? As of Jan 20, 2023, Remitly has raised a total of 525.8M.
How many employees does Remitly have? Remitly has 2,700 employees as of Jan 30, 2024.
NAICS 320000 Manufacturing 325000 Chemical Manufacturing 325900 Other Chemical Product and Preparation Manufacturing 325990 All Other Chemical Product and Preparation Manufacturing 325998 All Other Miscellaneous Chemical Product and Preparation Manufacturing SIC 7300 Business Services 7380 Miscellaneous Business Services 7389 Business Services, Not Elsewhere Classified ISIC 1200 Manufacture of tobacco products 5310 Postal activities 5920 Sound recording and music publishing activities 6619 Other activities auxiliary to financial service activities 6910 Legal activities 7110 Architectural and engineering activities and related technical consultancy 7310 Advertising 7410 Specialized design activities 7490 Other professional, scientific and technical activities n.e.c. 7990 Show 103 more industry codes NAICS 310000 Manufacturing 312200 Tobacco Manufacturing 425000 Wholesale Trade Agents and Brokers 425120 Wholesale Trade Agents and Brokers 490000 Transportation and Warehousing 491100 Postal Service 491110 Postal Service 518000 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services Other reservation service and related activities
8219 Photocopying, document preparation and other specialized office support activities
8220 Activities of call centres
8230 Organization of conventions and trade shows
8292 Packaging activities
8299 Other business support service activities n.e.c.
9601 Washing and (dry-) cleaning of textile and fur products 518200
Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
519000 Web Search Portals, Libraries, Archives, and Other Information Services
540000 Professional, Scientific, and Technical Services
711410 Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures
420000 Wholesale Trade
480000 Transportation and Warehousing
510000 Information
520000 Finance and Insurance
560000 Administrative and Support and Waste Management and Remediation Services
710000 Arts, Entertainment, and Recreation
810000 Other Services (except Public Administration)
312000 Beverage and Tobacco Product Manufacturing
313000 Textile Mills
314000 Textile Product Mills
488000 Support Activities for Transportation
491000 Postal Service
512000 Motion Picture and Sound Recording Industries
522000 Credit Intermediation and Related Activities
541000 Professional, Scientific, and Technical Services
561000 Administrative and Support Services
711000 Performing Arts, Spectator Sports, and Related Industries
812000 Personal and Laundry Services
313300 Textile and Fabric Finishing and Fabric Coating Mills
314900 Other Textile Product Mills
425100 Wholesale Trade Agents and Brokers
488400 Support Activities for Road Transportation
512200 Sound Recording Industries
519200 Web Search Portals, Libraries, Archives, and Other Information Services
522300 Activities Related to Credit Intermediation
541100 Legal Services
541300 Architectural, Engineering, and Related Services
541400 Specialized Design Services
541800 Advertising, Public Relations, and Related Services
541900 Other Professional, Scientific, and Technical Services
561400 Business Support Services
561500 Travel Arrangement and Reservation Services
561700 Services to Buildings and Dwellings
561900 Other Support Services
711300 Promoters of Performing Arts, Sports, and Similar Events
711400 Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures
812300 Drycleaning and Laundry Services
812900 Other Personal Services
312230 Tobacco Manufacturing
313310 Textile and Fabric Finishing Mills
314990 All Other Textile Product Mills
488490 Other Support Activities for Road Transportation
512240 Sound Recording Studios
512290 Other Sound Recording Industries
518210 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
519290 Web Search Portals and All Other Information Services
522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities
541190 Other Legal Services
541340 Drafting Services
541350 Building Inspection Services
541370 Surveying and Mapping (except Geophysical) Services
541410 Interior Design Services
541420 Industrial Design Services
541490 Other Specialized Design Services
541870 Advertising Material Distribution Services
541890 Other Services Related to Advertising
541930 Translation and Interpretation Services
541990 All Other Professional, Scientific, and Technical Services
561410 Document Preparation Services
561420 Telephone Call Centers
561430 Business Service Centers
561440 Collection Agencies
561490 Other Business Support Services
561590 Other Travel Arrangement and Reservation Services
561790 Other Services to Buildings and Dwellings
561910 Packaging and Labeling Services
561920 Convention and Trade Show Organizers
561990 All Other Support Services
711310 Promoters of Performing Arts, Sports, and Similar Events with Facilities
711320 Promoters of Performing Arts, Sports, and Similar Events without Facilities
812320 Drycleaning and Laundry Services (except Coin-Operated)
812990 All Other Personal Services
314999 All Other Miscellaneous Textile Product Mills
541199 All Other Legal Services
561421 Telephone Answering Services
561422 Telemarketing Bureaus and Other Contact Centers
561431 Private Mail Centers
561439 Other Business Service Centers (including Copy Shops)
561491 Repossession Services
561499 All Other Business Support Services
561591 Convention and Visitors Bureaus
561599 All Other Travel Arrangement and Reservation Services SIC 6000 Depository Institutions 6200 Security And Commodity Brokers, Dealers, Exchanges, And Services 8700 Engineering, Accounting, Research, Management, And Related Services 6090 Functions Related To Depository Banking 6280 Services Allied With The Exchange Of Securities Or Commodities 8740 Management And Public Relations Services 6099 Functions Related To Depository Banking, Not Elsewhere Classified 6282 Investment Advice 8742 Management Consulting Services
Remitly - Products & Services 
