# Remitly

> Remitly is a U.S.-based digital remittance company moving money across international corridors.

Source: https://www.neobank.wiki/wiki/remitly
Last updated: 2026-08-11
Categories: Financial technology, United States fintech, Remittance platforms, Payment platforms, Public companies, Companies founded in 2011

**Remitly** is an American financial technology company specialising in digital international remittances. It competes with [Wise](/wiki/wise), [Nala](/wiki/nala) and traditional money-transfer operators by emphasising mobile-first cross-border payouts to families and workers.[^re1]

## History

Remitly was founded in Seattle to improve the migrant remittance experience with transparent fees and faster delivery. It listed publicly and expanded corridor coverage worldwide.[^re2]

## Founders

**Matt Oppenheimer**, **Josh Hug** and **Shivaas Gulati** co-founded Remitly. Oppenheimer has served as chief executive through the company’s growth and IPO.

## Model

Remitly is a licensed money transmitter / payments company, not a deposit [neobank](/wiki/neobank). It partners with banks and payout networks in destination countries.

## Products

Products centre on app-based international transfers with multiple payout options (bank deposit, cash pickup, mobile wallet) and related financial services for remittance customers.

## Infobox

- **Type**: Public (NASDAQ: RELY)
- **Founded**: 2011
- **Headquarters**: Seattle, U.S.
- **Focus**: Remittances

## Frequently asked questions

### What is Remitly?

Remitly is a U.S.-based digital remittance company moving money across international corridors.

### When was Remitly founded?

Remitly was founded in 2011.

### Where is Remitly headquartered?

Remitly is headquartered in Seattle, U.S..

### What type of company is Remitly?

Remitly is described as Public (NASDAQ: RELY) in its neobank.wiki profile.


## References

[^re1]: Remitly is a digital international remittance company. — https://www.remitly.com/
[^re2]: Remitly listed publicly and expanded global remittance corridors. — https://ir.remitly.com/