Beamit changes name to Remitly

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Beamit Mobile, the TechStars Seattle grad that’s developing technologies to allow customers to easily transfer money from the U.S. to the Philippines, has changed its name to Remitly. CEO Matt Oppenheimer said that they’ve been testing the new name since April, and it has resonated with customers. “Remitly is a play on the word “remit,” which is… Read More…

Seattle startup Beamit beams up $750,000, recruits Amazon employee Josh Hug

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As a mentor at TechStars, Josh Hug got an inside peek at some of the cool technologies emerging inside the Seattle tech incubator. But one in particular grabbed his attention: Beamit. And now the 33-year-old former CEO at Shelfari is joining that young upstart in order to help transform the way people transfer money to… Read More…