Remitly Global, Inc. is a digital cross-border financial services company serving immigrants and their families. Its mobile-first platform spans more than 175 countries and over 5,700 corridors, and served approximately 10.2 million quarterly active customers in the second quarter of 2026. Alongside consumer remittances it offers complementary financial products and now also serves high-amount senders, businesses and receivers. Remitly has traded on Nasdaq under the ticker RELY since 2021 and is headquartered in Seattle.
Remitly is publicly traded
IPO'd on Sep 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
Jul 29, 2020
Restructuring begun Q1 2026: Israel R&D hub closed, Israel and Ireland facilities exited; $15.8M charged in H1 2026, programme due to end by Dec 31, 2026
About 110 Israel roles cut, more than half the local staff, per Israeli press
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $452M across 8 rounds
Last updated 09-21-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Jul 2021 | Series G | $60M | — | Visa |
| Jul 29, 2020 | Series F TechCrunch | $85M | $1.5B | PayU, Naspers |
| Jul 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 Sep 23, 2021.
Remitly trades under the ticker symbol RELY on the NASDAQ. It began trading in Sep 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 Sep 23, 2021 via ipo, with an offering valuation of approximately $1.5B. Remitly has traded on the Nasdaq Global Select Market under the ticker RELY since its initial public offering on September 23, 2021, which priced at $43 per share and raised approximately $300 million. Co-founder Matt Oppenheimer handed the chief executive role to Sebastian J. Gunningham effective February 19, 2026 and became chairman of the board. In the first quarter of 2026 the company began restructuring initiatives covering severance and lease exits at its Israel and Ireland facilities, booking $15.8 million of charges in the first half of 2026 and expecting the programme to be complete by December 31, 2026.
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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