Remitly Global, Inc. is a digital financial services company that provides cross-border remittances and complementary financial services to immigrants and their families. Operating across 175+ countries with 5,300+ corridors, Remitly serves 9.3 million quarterly active customers through a mobile-first platform, enabling fast, reliable, and transparent money transfers with competitive rates.
Remitly is publicly traded
IPO'd on September 23, 2021
This company is no longer available on our private secondary market. Shares can be traded publicly under RELY.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2011
Employees
2,700–2,900
Total Funding
$452M
8 rounds
Last Private Valuation
$1.5B
July 2021
Total raised $452M across 8 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series F
Date
July 29, 2020
Amount
$85M
Valuation
$1.5B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| July 2021 | Series G | $60M | — | Visa |
| July 29, 2020 | Series F | $85M | $1.5B | PayU, Naspers |
| July 2019 | Series E | $135M | — | Generation Investment Management |
Sebastian J. Gunningham
Chief Executive Officer
Matt Oppenheimer
Chairman of the Board, Co-Founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Wise
Digital money transfer service offering multi-currency accounts and low-cost international transfers with mid-market exchange rates, operating in 140+ countries.
Western Union
Established money transfer service with over a century of history, offering both digital and physical network of agents across 200+ countries.
MoneyGram
Money transfer service founded in 1940 operating in 200+ countries with both online and in-person services, offering bill payments and prepaid card services.
InstaRem
Fintech platform providing international money transfers with focus on Asian remittance corridors and competitive pricing.
OFX
International money transfer service focusing on low-cost transfers and business payments across multiple countries.
Yes, Remitly is publicly traded under the ticker symbol RELY on the NASDAQ. The company went public in September 23, 2021.
Remitly trades under the ticker symbol RELY on the NASDAQ. It began trading in September 23, 2021.
Remitly (RELY on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker RELY to place an order.
Remitly went public in September 23, 2021 via ipo, with an offering valuation of approximately $1.5B. Remitly completed its initial public offering on September 23, 2021, pricing at $43 per share and raising approximately $300 million. Shares began trading on the NASDAQ Global Select Market under ticker symbol RELY. The stock opened at $52.90, representing a 23% first-day pop and valuing the company at approximately $8.5 billion at the opening.
Remitly raised $452M across 8 disclosed funding rounds prior to its public listing.
Remitly was founded by Matt Oppenheimer in 2011.
Remitly is headquartered in Seattle, WA, United States.
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