Fundz

Remitly Announces $85 Million Round as Digital Remittances Surge Globally

PUBLIC · RELYJul 29, 2020

Amount Raised

$85 Million

Round Type

Funding Round

SeattleInformation TechnologyFinancial Services

Description

Remitly, the mobile-first provider of remittances and financial services for immigrants, today announced a $85 million funding round to fuel the company’s growth as the global demand for digital remittances continues to surge during the COVID-19 pandemic. The funding will enable Remitly to expand its suite of digital financial services products at a time its customers need them most.

Quick answer

Remitly Global raised $85 Million in a Funding Round round, dated July 29, 2020. Remitly Global is based in Seattle, Washington, United States.

How much did Remitly Global raise?
Remitly Global raised $85 Million in a Funding Round round on July 29, 2020.
What does Remitly Global do?
Remitly is an international payments company that leverages digital channels, including mobile phones, to send money internationally.
Where is Remitly Global based and how big is it?
Remitly Global is based in Seattle, Washington, United States. Fundz records about 3,443 employees.
Who are the decision-makers at Remitly Global?
Fundz holds 2 contacts at Remitly Global, including the Executive Officer, Director, Promoter. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services around the same time

Companies in the same sectors as Remitly Global that raised within 45 days of this round, from Fundz verified event records.

  • Zip Co raised $114M on September 11, 2020.
  • Capitolis raised an undisclosed amount (Corporate Round) on September 10, 2020.
  • Thunes raised $60M (Series B) on September 8, 2020.
  • Addentax Group Corp raised $3.7M (Seed) on August 27, 2020.
  • Quantum Computing raised $342K (Seed) on August 26, 2020.
  • Leap Technologies raised $3M (Seed) on August 25, 2020.

Who to call at Remitly Global, and when

A new round usually means Remitly Global is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Remitly Global raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Remitly Global, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Remitly Global. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Remitly Global

Location

401 Union Street Suite 1000

Seattle, Washington, United States

About

Remitly is an international payments company that leverages digital channels, including mobile phones, to send money internationally. Remitly's digital products are fundamentally faster, less expensive, and far more convenient for customers to send money across borders.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Remitly Global raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsMatt O., Executive Officer, Director, Promoter hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Remitly Global's next move

See what Strategic adds

Remitly Global raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.