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Remitly Global, Inc. operates a digital remittance platform that enables international money transfers to over 170 countries through its mobile app and website. Founded in 2011 and headquartered in Seattle, the company has positioned itself as a technology-driven alternative to traditional money transfer services by offering transparent pricing, competitive exchange rates, and faster delivery times. Remitly went public in September 2021, raising $270 million in its IPO and achieving a market capitalization of approximately $7 billion at debut. The company continues to focus on expanding its global corridor coverage, enhancing its digital infrastructure, and capturing market share in the $700 billion cross-border payments industry.
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