Remitly

?? Exciting news! Remitly has been named a 2024 Deloitte Technology Fast 500? Company—for the eighth year in a row! ?? This achievement reflects our commitment to delivering innovative, trusted cross-border financial services to customers around the globe. A big thanks to our global team of dedicated Remitlians, and to our customers who inspire us everyday. ?? Read more in our Newsroom → https://bit.ly/4fBy005 #Remitly #Fast500 #Innovation #CustomerImpact

?? Thrilled to see Remitly featured in Celent Research’s new report, Generative AI in Payments: Today and Tomorrow, driven by Amazon Web Services. This comprehensive study dives into the major shifts GenAI is driving across the payments industry, ranging across customer service, marketing, fraud & risk management, Product Development, Operations & Intelligence and more. At Remitly, we’re excited to contribute to this innovative wave, using GenAI to reinforce our mission of seamless, reliable service for our customers around the globe. The report offers a glimpse into the potential of GenAI to transform the payments industry in both the near and long term. ?? Download the report to read more about areas where Remitly is deploying GenAI at scale, where we're exploring and where we want to evolve. You'll also see what our peers are doing in Fintech and Payments, as well as an overall industry take on how this space will grow. https://lnkd.in/g7ynCtCW #GenAI #Fintech #AIinPayments #Innovation #CustomerExperience

???? At Remitly, we’re always exploring new ways to make sending money home easier and more secure for our global customers. That’s why we’re excited to announce that we’re now collaborating with Tigo Tanzania Plc, one of Tanzania’s leading mobile money providers! ?? With more than 17 million customers already trusting Tigo Pesa, we’re thrilled to make it easier for Remitly customers to send money directly to Tigo Pesa wallets. This collaboration is a step forward in delivering greater convenience and value. Learn more about how you can send money via Tigo Pesa here ?? https://bit.ly/3NTcO9F #Remitly #TigoPesa #MoneyTransfers #Tanzania?

Q3 was an exceptional quarter at Remitly. Our results speak volumes about the trust we’ve built with our customers and our commitment to serving them. Together, we’re transforming what’s possible in cross-border financial services. Thank you to our incredible team of Remitlians around the world. We’re just getting started!

Remitly is proud to share our strong third quarter 2024 financial results and our increased 2024 outlook, which we reported on October 30, 2024. These results demonstrate our unique and sustainable growth strategy is delivering for both customers and shareholders. Key year-over-year highlights from the third quarter include 35% growth in quarterly active customers to 7.3 million and 39% growth in revenue to $336.5 million. We also delivered $1.9 million of net income and $46.7 million of Adjusted EBITDA in the third quarter. Our co-founder and CEO, Matt Oppenheimer, said: “I am grateful to our customers and global teams for the exceptional third quarter results. As our performance in the third quarter exceeded expectations, we are pleased to increase our 2024 outlook for both revenue and Adjusted EBITDA. We are excited about growth opportunities in 2025 and beyond as we execute on our vision of transforming lives with trusted financial services that transcend borders.” We’re just getting started! For full results visit ?? https://ir.remitly.com/ #remitly #wjgs #financialresults #customercentricity #growth

We’re thrilled to announce that Remitly’s Seafarers product has expanded to serve Europe, the UK, Australia, and Singapore! ?? No matter where your journey takes you, we’re here to offer secure, reliable, and convenient money transfers so you can stay connected to your loved ones back home. ?? Here’s some of what you can expect: ? Easy Sign-Up: A user-friendly experience tailored just for seafarers.? ?? Competitive Rates & Fees: Get more value when sending money home.? ?? 24/7 Support: We’ve got your back anytime, anywhere. We’re honoured to be part of your journey and proud to grow our service in support of seafarers worldwide. ?? Read the full article here ?? https://bit.ly/3C8kYbR #Remitly #Seafarers #MoneyTransfers #StayConnected

Had a great time at the Philly Fed conference, joining Harsh Sinha from Wise and Aaron Klein from The Brookings Institution for a fireside chat on the future of payments and financial inclusion Big thanks to everyone who made this conversation possible! We covered a lot of ground, including: ? The Power of Remittances: U.S. private remittances now surpass public sector development aid, playing a vital role in supporting families and stabilizing economies. ? Built on Trust & Compliance: Remitly remains committed to operating with the highest standards under?robust federal and state regulatory oversight. ? FedNow Access: Direct access to FedNow for well-regulated remittance companies will lower costs, speed up payments, and increase financial inclusion—a win for both consumers and the U.S. payments landscape. Learn more in the Remitly Newsroom ?? https://bit.ly/3NC2T8D #FinTech #Remittances #FinancialInclusion #Payments #FedNow #Remitly

We’re thrilled to announce our collaboration with Airtel Tanzania, one of the key mobile money providers in the country! ?????? Now, you can send money directly to Airtel wallets, whether it's for family, education, or emergencies, your money arrives quickly and safely, just as you'd expect from Remitly. ?? You can read more about our collaboration with Airtel Tanzania, as well as Remitly updates on our Newsroom https://bit.ly/40cwRra ? #Remitly #AirtelTanzania #MoneyTransfers #Tanzania #SendMoneyHome

Earlier this week, Remitly’s Chief Legal and Corporate Affairs Officer, Saema Somalya participated in the Center for Financial Inclusion (CFI)'s annual Financial Inclusion Week event, where she discussed the vital role remittances play in strengthening the resilience of communities around the world. ??? ? From supporting recovery after climate disasters to providing financial stability in turbulent times, remittances are more than transactions—they're lifelines. At Remitly, we’re committed to making cross-border payments faster, more affordable, and reliable, helping families access the funds they need when they need them most. Visit the Remitly Newsroom to learn more and watch Saema’s full talk: https://bit.ly/4dOo41J #FinancialInclusionWeek #Resilience #GlobalImpact

?? Building Careers with Confidence at Remitly?? Meet Renana Plachinski, from our Seattle office! Renana's journey from marketing to product management is a testament to the power of taking ownership of your career growth. From moving across the globe to embracing new challenges, Renana's story is about adaptability, determination, and a relentless focus on personal and professional development. Curious about how she made it happen? Read the full article to uncover her insights for navigating a successful career at Remitly. At Remitly, we believe in empowering our employees to explore their potential and make a real impact. If Renana's story resonates with you, it might be time to take the next step in your career with us. ?? Interested in growing your career? Explore our exciting job opportunities today ?? https://bit.ly/473UAv7 ? #CareerGrowth #ProductManagement #BuildingCareers #Hiring #JobOpportunities #SeattleJobs