In addition to QED, Remitly investors include Trilogy Partnership, Founders Co-Op, TomorrowVentures, Bezos Expeditions and other investors.
Remitly’s services are currently focused on customers sending money from the US to the Philippines. Remitly is set to use the new capital to extend its presence worldwide.
Remitly is a mobile payments service that enables consumers to make person-to-person (P2P) international money transfers from the US. Remitly is a licensed money transmitter operating in 21 states. The company is backed by QED, Trilogy Partnership, Founders CoOp, Bezos Expeditions, and TomorrowVentures. Remitly is headquartered in Seattle, US with additional offices in the Philippines.
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