Recent events
Recent events tied to this brand in public sources.
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2022
Coinbase partners with Remitly for crypto cash-outs in Mexico
Coinbase partnered with Remitly to enable customers in Mexico to cash out digital currencies through a pilot program.
2022
Coinbase launches Mexico crypto cash-out pilot
Coinbase launched a free pilot program on Tuesday that lets customers in Mexico cash out digital currencies using a service enabled by its partnership with Remitly.
2021
Remitly prices IPO shares at $43
Remitly priced its IPO shares at $43 on Wednesday evening, above its expected range of $38 to $42. The article says the company would raise more than $300 million in net proceeds as part of the IPO.
2020
Remitly secures $85 million in funding
Remitly announced that it secured $85 million in an investment round led by Prosus's PayU, at a $1.5 billion valuation. Other participating investors included Generation Investment Management, Owl Rock Capital, Stripes, DN Capital, Top Tier, Princeville Global and Threshold Ventures.
2020
Remitly launches Passbook mobile banking service
Remitly announced that it had launched Passbook by Remitly, a mobile banking service designed for immigrant communities. The article says the app-based account has no monthly fees, ATM fees, overdraft charges or minimum balance requirements, and includes a Visa debit card for ATM withdrawals in more than 200 countries.