Remitly Obtains $38,000,000 New Round

  • Feed Type
  • Date
    9/30/2016
  • Company Name
    Remitly
  • Mailing Address
    1601 2nd Ave. Seattle, WA 98101 USA
  • Company Description
    Remitly has changed the way to send money. We understand the pain of sending money abroad. We make things easier and faster, and work smarter so you can send more and pay less.
  • Website
    http://www.remitly.com
  • Transaction Type
    Venture Equity, Debt
  • Transaction Amount
    $38,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The financing will help the company expand its ability to deliver international fund transfers quickly, efficiently, and at a low cost to consumers.
  • M&A Terms
  • Venture Investor
    IFC
  • Venture Investor
    Silicon Valley Bank

Trending on Xconomy