Remitly is an American online remittance service based in Seattle, United States that offers international money transfers to over 170 countries. It was founded in 2011 by Matthew Oppenheimer, Josh Hug, and Shivaas Gulati and became publicly traded on the Nasdaq exchange in September 2021.[4]
History
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