- Submission
- Discovery
- Evaluation
- Commercialization
- Scaling
Employee Count
501-1000
Website
Founded On
07/10/2019
Funding Status
bootstrapped
Total Funding Amount
$ 335,000M
Funding Rounds
11Rounds
Product Stage
Released
Potential BUs Interest
Sales
Geographical Location
USA
Company Locations/Offices
Seattle, Washington, United States
Contact Person Details
Aubrey Fields
mauris.Suspendisse@etmalesuada.com
1-579-353-8139
Source Of Contact
Hackathon
Status
Late Stage Venture
Categorisation
Finance, FinTech, Mobile, Mobile Payments, Software
Country Tag
France
Maturity
Seed
Additional resources / links / articles
Remitly is a mobile payments service that enables consumers to conveniently make person-to-person international money transfers from the United States. Its online service is disrupting the $588 billion a year industry by using the latest technology and mobile devices to eliminate unnecessary forms, codes, agents, extra time and fees tied to the traditional money transfer process. As a licensed money transmitter, Remitly currently operates in 49 states and Washington, D.C., and sends millions of dollars to thousands of customers each month. A Techstars company, Remitly is backed by Stripes Group, DFJ, Vulcan Capital, QED, Trilogy Equity Partners, DN Capital, Founders Co-Op, Bezos Expeditions and TomorrowVentures. Remitly is headquartered in Seattle, Washington, with additional offices in the Philippines. For more information on Remitly, please visit www.remitly.com.
Meeting date
08/09/2015
Meeting Summary
Great idea! But i hope once booked it cannot be changed by anybody accessing it.
Solution Assessment
The company said it had reached settlements with the U.S. Attorney’s Office for the Middle District of Pennsylvania and the Department of Justice.
Annual Recurring Revenue
k$ 502,500
Gross Margin
k$ 753,750
User Base
10,000 k Users
Internal Evaluation
Other proposals for a common response to a banking crisis have hit obstacles.
Forecasted Impact
k$ 1,507,500
PoC Due Date
23/05/2018
Initial Release date
27/06/2018
Commercial Intent
Merge
Implementation Efforts (man/days)
1,500 man/days
Implementation Cost
k$ 1,500
M&A Completion Progress
95 %
Actual Impact
k$ 1,658,250
Owner
Product Manager
Powered by Qmarkets
No Comments