Remitly is a mobile payments service, supported on Android, iOS and online, that enables consumers to conveniently make person-to-person international money transfers from the United States. Its digital service uses the latest technology to eliminate the forms, codes, agents, extra time and fees typical of the traditional money transfer process. Remitly is authorized to operate in 45 states and sends millions of dollars to thousands of people each week.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 01/07/14 | $5,500,000 | Series A |
Founder's Co-op QED Investors TomorrowVentures Trilogy | undisclosed |
| 03/19/15 | $12,500,000 | Series B |
DN Capital QED Investors Trilogy Equity Partners | undisclosed |
| 04/26/16 | $38,500,000 | Series C |
DFJ DN Capital Stripes Group Trilogy Equity Partners Vulcan Capital | undisclosed |
| 09/30/16 | $38,000,000 |
IFC Silicon Valley Bank | undisclosed | |
| 10/31/17 | $115,000,000 | Series D |
DFJ DN Capital PayU  Stripes Group | undisclosed |
| 07/30/20 | $85,000,000 |
DN Capital Generation Investment Management Owl Rock Capital Partners PayU Princeville Global Stripes Group Threshold Ventures Top Tier Capital | $1,500,000,000 |
