Remitly

GPTKB entity

Statements (267)
Predicate Object
gptkbp:instance_of gptkb:financial_technology
gptkb:Company
gptkb:mobile_applications
gptkbp:acquired_by gptkb:Revolut
gptkbp:acquisition gptkb:Revolut
Rewire
Sendwave
gptkbp:advertising Digital marketing campaigns
gptkbp:app_features real-time tracking
multiple language support
recipient notifications
gptkbp:available_in multiple countries
gptkbp:awards gptkb:Fintech_Innovation_Award
Best Money Transfer App
Best Money Transfer Service
gptkbp:brand Increasing brand awareness.
Strong customer loyalty.
Transparency and trust.
Building brand loyalty among users.
Focused brand strategy.
gptkbp:brand_recognition Strong in target markets
Growing brand in the remittance industry.
gptkbp:business_model transaction-based fees
Transaction fees and exchange rate margins.
gptkbp:ceo gptkb:Matthew_Oppenheimer
gptkb:Matt_Oppenheimer
gptkbp:community_engagement Participates in local community events.
gptkbp:community_impact Supporting Immigrant Communities
Supports financial inclusion
Promoting Financial Inclusion
Supports remittances to developing countries
gptkbp:community_involvement Supports local charities
Financial Education Programs
financial literacy programs
Charity Partnerships
Active community involvement.
charity partnerships
gptkbp:community_support Engages in community support.
gptkbp:competitors gptkb:Revolut
gptkb:Transfer_Wise
gptkb:Pay_Pal
gptkb:Money_Gram
gptkb:Western_Union
gptkbp:currency gptkb:USD
gptkb:Yes
EUR
GBP
Multiple currencies
competitive rates
Supports multiple currencies
gptkbp:customer_base Millions of users
Over 3 million customers
Immigrants and expatriates
gptkbp:customer_feedback Actively seeks user feedback for improvements.
gptkbp:customer_satisfaction High user satisfaction.
High levels of user satisfaction.
gptkbp:customer_support 24/7
24/7 support
24/7 support available
Multilingual support
Focus on enhancing customer experience.
Dedicated customer service team.
gptkbp:data_privacy Prioritizes transaction security.
gptkbp:data_usage Minutes
Varies by country
Minutes to days
instant or 3-5 business days
Instant to a few days
Fast transaction speed.
Has transaction limits based on country.
gptkbp:demographics families
working professionals
Primarily young adults
primarily young adults
Diverse user demographics.
Primarily serves immigrants and expatriates.
gptkbp:developed_by gptkb:Remitly,_Inc.
gptkbp:education Provides resources for financial literacy.
Effective user acquisition strategies.
gptkbp:employees Over 1,000
gptkbp:expansion gptkb:Global_expansion_strategy
Plans to expand into new markets.
gptkbp:financial_products Offers various financial services.
Diverse financial products offered.
gptkbp:financials Promotes financial literacy.
Offers resources for users.
Aims to enhance financial inclusion.
Expanding financial services.
Expanding range of financial services.
Innovative financial technology.
Innovative solutions in money transfer.
Pioneering in remittance technology.
Promotes financial literacy among users.
Utilizes cutting-edge financial technology.
gptkbp:founded gptkb:2011
gptkbp:founded_by gptkb:Katherine_Oppenheimer
gptkb:Josh_Hug
gptkb:Matthew_Oppenheimer
gptkbp:founded_in gptkb:2011
gptkbp:founder gptkb:Katherine_Oppenheimer
gptkb:Katherine_O'_Brien
gptkb:Josh_Hug
gptkb:Matthew_Oppenheimer
gptkb:Matt_Oppenheimer
gptkbp:funding multiple
$420 million
Series E
$420 million (as of 2021)
gptkbp:has_mission To provide a better way to send money.
gptkbp:has_partnerships_with gptkb:Pay_Pal
gptkb:Visa
gptkb:Mastercard
gptkbp:has_product gptkb:Remitly_App
gptkb:Remitly_Pass
gptkb:Remitly_for_Business
gptkbp:has_website www.remitly.com
gptkbp:headcount Over 500 employees
gptkbp:headquarters gptkb:Seattle,_Washington
https://www.w3.org/2000/01/rdf-schema#label Remitly
gptkbp:industry gptkb:financial_technology
gptkbp:investment gptkb:Greylock_Partners
gptkb:Maveron
gptkb:Balyasny_Asset_Management
gptkb:Index_Ventures
gptkb:Tudor_Investment_Corp.
gptkb:QED_Investors
gptkb:Y_Combinator
gptkb:Coatue_Management
gptkb:Ribbit_Capital
gptkb:Union_Square_Ventures
gptkb:Foundry_Group
gptkb:Bessemer_Venture_Partners
gptkb:Jeff_Bezos
gptkb:RRE_Ventures
gptkb:Insight_Partners
gptkb:Felicis_Ventures
gptkb:Naspers
gptkb:Alyeska_Investment_Group
gptkb:Khosla_Ventures
gptkb:Founders_Fund
gptkb:Wellington_Management
gptkb:Sapphire_Ventures
gptkb:Accel_Partners
gptkb:IVP
gptkb:CQS
gptkb:DN_Capital
gptkb:investors
$420 million
Social Capital
Winton Group
Stripes Group
Includes notable venture capital firms.
gptkbp:is_respected_by High levels of user trust.
High user trust.
gptkbp:is_valued_for $1.5 billion
$1.5 billion (2021)
gptkbp:launch_date gptkb:2011
gptkbp:leadership Led by CEO Matthew Oppenheimer.
gptkbp:market_position Strong market presence.
Strong position in the remittance market.
gptkbp:marketing_strategy Focuses on digital-first approach.
gptkbp:membership Rapidly growing user base.
gptkbp:mission To provide a better way to send money home.
gptkbp:mobile_app Available on Android
Available on i OS and Android
Available on i OS
gptkbp:number_of_employees 1000+
500+
gptkbp:operates_in gptkb:Australia
gptkb:Canada
gptkb:India
gptkb:Mexico
gptkb:Philippines
gptkb:United_Kingdom
gptkb:United_States
over 50 countries
gptkbp:partnership gptkb:Pay_Pal
gptkb:Western_Union
gptkb:World_Remit
Local banks
Mobile money services
Cash pickup locations
gptkbp:partnerships gptkb:Pay_Pal
gptkb:Money_Gram
gptkb:Western_Union
various financial institutions
Collaborates with fintech companies.
Partners with financial institutions.
Establishing financial partnerships.
Strong financial partnerships.
Works with local banks and cash pickup locations.
Works with NGOs for remittance education.
gptkbp:payment_methods gptkb:credit_card
Bank Transfer
bank transfer
Cash Pickup
gptkbp:platforms gptkb:Android
gptkb:i_OS
gptkbp:primary_function money transfer
gptkbp:product gptkb:Remitly_Express
gptkb:Remitly_for_Business
Remitly Economy
gptkbp:promotions first transfer free
Referral bonuses for users.
gptkbp:reach Operates in multiple continents.
gptkbp:regulatory_compliance Adheres to financial regulations
licensed in various jurisdictions
Complies with financial regulations in operating countries
gptkbp:reliability Reliable service.
High reliability in transactions.
gptkbp:revenue $100 million+
$100 million (2020)
Varies by transfer method
gptkbp:reviews Generally positive
gptkbp:sales social media
TV commercials
online ads
gptkbp:security Encryption and fraud detection
Uses encryption and fraud detection.
gptkbp:security_features encryption
gptkbp:service Remittance
Money Transfer
gptkbp:service_area Global
Over 50 countries
gptkbp:service_fees Competitive service fees.
gptkbp:services International Money Transfers
International Money Transfer
Continuously innovating services.
Expanding services to new regions.
gptkbp:services_provided Money transfer
Wide range of service offerings.
gptkbp:social_responsibility Engages in community support initiatives.
gptkbp:target_market Immigrants
Families
immigrants and expatriates
International Workers
gptkbp:technology Cloud-based platform
Utilizes advanced technology for transactions.
gptkbp:transaction_efficiency Focus on transaction efficiency.
gptkbp:transfer_fee varies by country
gptkbp:transfer_limits Varies by country
gptkbp:trends Adapting to market trends.
gptkbp:type gptkb:public_company
gptkbp:type_of Supports various transaction types.
gptkbp:user millions
gptkbp:user_base Millions
millions of users
gptkbp:user_engagement High user engagement rates.
High user engagement.
gptkbp:user_experience User-friendly interface
Prioritizes user experience.
gptkbp:user_feedback app stability improvements
requests lower fees
suggests more payment options
Incorporates user feedback into services.
gptkbp:user_interface user-friendly
Intuitive and easy to navigate.
gptkbp:user_reviews Positive
generally positive
High Satisfaction
Generally positive feedback.
gptkbp:vision To be the best way to send money globally.
gptkbp:website www.remitly.com
gptkbp:year_established gptkb:2011
gptkbp:bfsParent gptkb:Western_Union
gptkb:Xoom
gptkbp:bfsLayer 5