Is Remitly safe to use?

Yes, Remitly is a regulated financial service.

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Money Transfer Public RELY

Remitly

Q: What are the main features of Remitly?

Express and Economy transfer speed tiers, Bank deposit mobile wallet cash pickup, Real-time exchange rate lock-in guarantee, Transfers to 170+ countries 100+ currencies, WhatsApp-integrated send and support channel

Q: What are the pros of using Remitly?

Coverage spans 170+ receive countries, Sub-minute Express delivery option, 4.9 star App Store rating, Zero-fee first transfer promotion

Q: What are the cons of Remitly?

Exchange rate markups on transfers, Limited sending country availability, No domestic transfer support

Trusted Cross-Border Money Transfers to 170+ Countries Instantly

Available in 7 countries Last verified: Feb 2026

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Founded

2011

Users

~9 million

Total Funding

$505M (pre-IPO) + ~$300M (IPO)

Employees

2,800

🏢 Company Overview

Headquarters

Seattle, USA

CEO

Matthew Oppenheimer

Founder

Matthew Oppenheimer, Josh Hug, Shivaas Gulati

Funding Stage

Public

Total Funding

$505M (pre-IPO) + ~$300M (IPO)

Users

~9 million

Pricing

freemium

AML Compliant GDPR PCI DSS Payment License No

ℹ️ About Remitly

Remitly is a publicly traded (NASDAQ: RELY) digital money transfer service founded in 2011 and headquartered in Seattle.

It allows users in 30+ sending countries to transfer funds to recipients in over 170 countries through bank deposit, mobile wallet, cash pickup, debit card deposit, and home delivery.

Remitly offers Express and Economy transfer speeds, supports 100+ currencies, and serves nearly 9 million quarterly active customers. The platform is regulated by FinCEN in the U. S. and the FCA in the U. K.

, with 256-bit encryption and real-time fraud monitoring protecting every transaction.