Remitly
Founded 2011 · Seattle, Washington, United States
Estimated rates Published fees with open exchange rate API fallback (corridor-specific static estimates)
Supported currencies
100
Supported countries
170
Transfer methods
Bank Transfer, Debit Card, Credit Card, Mobile Wallet, Cash Pickup
Typical speed
Express transfers can arrive in minutes (debit/credit card funding). Economy transfers typically 1–3 business days.
Fee model
Per-transfer fee varies by corridor and delivery speed (Express or Economy). Typical fees range from $1.49–$3.99 per transfer. Exchange rate includes a margin that varies by corridor.
Website
API docs: https://developer.remitly.com
Download: iOS App Store · Google Play
Regulation & Licenses
- US — FinCEN (Money Services Business), state money transmitter licenses
- UK — FCA (Financial Conduct Authority)
- EU — various national regulators
- Australia — AUSTRAC
- Canada — FINTRAC
Key Facts
- Founded in 2011 by Matt Oppenheimer, Josh Hug, and Shivaas Gulati.
- Publicly traded on NASDAQ under ticker symbol RELY since September 2021.
- Disbursement network includes 435,000+ cash pickup locations, ~4 billion bank accounts, ~1.1 billion mobile wallets, and 900 million cards.
- Supports transfers from 17 sending countries to over 170 receiving countries.
- Acquired Rewire (now Remitly for Immigrants) to serve long-term migrant financial needs.
See Remitly rates on Coinnect
This profile contains publicly available, factual information only. Coinnect is not affiliated with, endorsed by, or sponsored by Remitly. Data sourced from official websites, press releases, and regulatory filings.