Remitly

Remitly is a Washington-based fintech platform that offers solutions such as cross-border transactions, and payment processing for individuals and businesses.

Business Model: B2B

Revenue: $597.8M

Employees: 1,001-5,000

Detailed Remitly Information

Geographic Data

Remitly headquarters map

Address: 1111 3rd Avenue

City: Seattle

State: WA

Zip: 98101

Country: US

Financial Info

Stage:

corporate round

Raised Last:

$0

Raised Total:

$505M

Metrics

27,115Website Global Rank

4,447,110Website Monthly Traffic

Twitter Followers

Description

Remitly is a Washington-based fintech platform that offers solutions such as cross-border transactions, and payment processing for individuals and businesses.

Contact Phone:
+12065356152

Contact Email:

Remitly went public on 9/23/2021 on the NASDAQ

Listed Exchange:
NASDAQ

IPO Date:
9/23/2021

IPO Valuation:
$7B

Ticker Symbol:
RELY

IPO Price:
$43/share

Amount Raised:
$301M

Live

Opened: -/share

EBITDA -
Total Cash -
Total Debt -
Total Revenue -
Total Profit (Gross) -
PE Ratio -
Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
3/2015 Series B 4 $12.5M Threshold
Trilogy Equity Partners
QED Investors
DN Capital
Threshold
8/2011 Seed Round 2 $750k Techstars
Mark Williamson
Techstars
Mark Williamson
4/2016 Series C 6 $38.5M Stripes
Vulcan Capital
Trilogy Equity Partners
Threshold
DN Capital
Bezos Expeditions
Stripes
5/2021 Corporate Round -
10/2017 Series D 4 $115M PayU
Threshold
Stripes
DN Capital
PayU
1/2023 Post-IPO Equity $5.8M PayU
QED Investors
Stripes
1/2023 Post-IPO Equity $5.8M PayU
PayU
PayU
PayU
PayU
PayU
PayU
PayU
9/2021 IPO $523M
7/2019 Debt Financing 3 $85M Silicon Valley Bank
Goldman Sachs
Barclays Corporate Banking
11/2013 Convertible Note 1 - Acequia Capital (AceCap)
Acequia Capital (AceCap)
9/2016 Series C 2 $23.5M Silicon Valley Bank
International Finance Corporation
7/2019 Series E $0 Top Tier Capital Partners
Generation Investment Management
Prudential Financial
DN Capital
Owl Rock Capital
PayU
Princeville Global
Schroder &a; Co Bank AG
Stripes
Top Tier Capital Partners
Generation Investment Management
Prudential Financial
DN Capital
Owl Rock Capital
PayU
Princeville Global
Schroder &a; Co Bank AG
Stripes
5/2021 Corporate Round 1 - Visa
Visa
Visa
Visa
1/2014 Series A 6 $5.5M QED Investors
Trilogy Equity Partners
TomorrowVentures
SK Ventures
Founders&s; Co-op
Bezos Expeditions
QED Investors
7/2020 Series F $0 Generation Investment Management
Threshold
Owl Rock Capital
Princeville Global
DN Capital
Top Tier Capital Partners
PayU
Stripes
PayU
Generation Investment Management
Threshold
Owl Rock Capital
Princeville Global
DN Capital
Top Tier Capital Partners
PayU
Stripes
PayU
1/2013 Seed Round 1 $2.6M Trilogy Equity Partners
Trilogy Equity Partners
4/2012 Seed Round 10 $1.6M Trilogy Equity Partners
TomorrowVentures
Techstars
Sujal Patel
SK Ventures
Geoff Entress
Founders&s; Co-op
Chase Franklin
Bezos Expeditions
Alex Algard
Trilogy Equity Partners
TomorrowVentures
Techstars
Sujal Patel
SK Ventures
Geoff Entress
Founders&s; Co-op
Chase Franklin
Bezos Expeditions
Alex Algard
5/2021 Corporate Round - Visa Inc.
Visa Inc.
7/2020 Series F 8 $85M PayU
DN Capital
Generation Investment Management
Owl Rock Capital
Princeville
Stripes
Threshold Ventures
Top Tier
Generation Investment Management
Threshold
Owl Rock Capital
Princeville Global
DN Capital
Top Tier Capital Partners
PayU
Stripes
PayU
5/2021 Corporate Round 1 - Visa
Visa
Visa
Visa
7/2019 Series E 9 $135M Top Tier Capital Partners
Generation Investment Management
Top Tier Capital Partners
Generation Investment Management
11/2013 Convertible Note 1 -
Announced Date Name Price
5/2019 Symphoni
7/2015 Wire

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