Remitly
remitly.comSend money online faster and more securely with great rates
Finance & Fintechmoney-transferremittanceinternational-paymentsmobile-appcurrency-exchangefintech
About
Remitly is an international money transfer service that allows users to send funds online to recipients in countries around the world. It offers competitive exchange rates and low transfer fees, with a focus on speed, ease of use, and reliability. The service is available via web and mobile app and supports high per-transfer sending limits across many currencies.
Problem
Sending money internationally is often slow, expensive, and complicated through traditional banks.
For
immigrants and expatriates sending money to family abroad
How it works
Users sign up, verify their identity, enter recipient details, and transfer funds online or via the mobile app with competitive exchange rates and low fees.
Business model
freemium
Status
launched
Company
Remitly Global, Inc.