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Remitly was founded in 2011 as BeamIt Mobile. [5] [6] The company was initially a search engine for remittance services but shifted into money transfers soon after. [6] It changed its name from BeamIt to Remitly in August 2012. [7] In April 2013, Remitly announced that it would allow its users to send free money transfers to the Philippines. [8]
Rewire by Remitly is a digital financial platform operated by the fintech company Remitly in Israel that provides online financial services tailored to migrant workers. The platform provides remittance services for workers to transfer funds back home.
Last summer, the Seattle-based startup Remitly closed a $135 million round to go beyond money-transfer services into a wider range of financial products catering to its primarily-immigrant ...
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Remitly, Oppenheimer says, has tackled the challenge of building trust in large part through investing in customer service and embedding it in the corporate culture. And that culture is driven ...
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