Remitly
American online remittance company
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| September 23 2021 | Remitly became publicly traded on the Nasdaq exchange, completing an initial public offering of seven million shares and generating approximately $300 million in new funding. |
| March 2018 | Expanded international money transfer services, allowing users from the United States, United Kingdom, Canada, and Australia to send money to multiple countries including Philippines, India, Mexico, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, and Peru. |
| 2017 | Remitly expanded its services to become available in all 50 U.S. states, with Massachusetts being the final state to approve its operations. |
| April 2013 | Remitly announced free money transfers to the Philippines, marking its first international destination for money transfer services. |
| August 2012 | Company changed its name from BeamIt to Remitly. |
| 2011 | Remitly was founded as BeamIt Mobile, initially operating as a search engine for remittance services before shifting to money transfers. |
| 2011 | Remitly was founded by Matthew Oppenheimer, Josh Hug, and Shivaas Gulati in Seattle, establishing an online international money transfer service. |
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