Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 2 companies across 1 category.
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Founded in 2011 as BeamIt Mobile, a remittance search engine, Remitly quickly pivoted to becoming a direct digital money transfer platform, rebranding in 2012. Over the next decade it scaled into one of the largest digital remittance networks, covering 175+ countries and going public on NASDAQ in 2021. In 2025, Remitly announced a significant product expansion with Remitly One — moving beyond pure remittances to offer a financial membership that bundles send-now-pay-later credit (Remitly Flex), a rewards wallet (Remitly Wallet), and cashback, positioning itself as a broader financial platform for immigrants and cross-border households.
Other FX / Payouts providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.
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<img src="https://www.embeddedfinanceindex.com/api/badge/remitly/install" width="1" height="1" alt="" style="display:none">2 companies are linked to Remitly in the Embedded Finance Index 2026, through their own public disclosures or Remitly's published customer list, including GCash and Suits Me.
Remitly is an embedded-finance provider in FX / Payouts. It ranks #91 of 179 FX / Payouts providers by linked companies.
Yes. Remitly trades as NASDAQ:RELY, listed since 2021.
The most-named FX / Payouts alternatives to Remitly are Currencycloud (81 buyers), Airwallex (80 buyers), Nium (67 buyers), Wise Platform (58 buyers), Stripe (49 buyers) and Convera (33 buyers).
Remitly was founded by Matthew Oppenheimer, Josh Hug and Shivaas Gulati and is founded in 2011, headquartered in Seattle, WA, USA.
Remitly has raised ~$1.5B+ (pre-IPO) in total.
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