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Bezos-backed money transfer startup Remitly lands $5.5M

Seattle money transfer startup Remitly continues to reel in cash, most recently scoring a $5.5 million series A deal led by QED. That brings total funding in the company to $10 million, following a $2.6 million round last year led by Trilogy Equity Partners. In addition to QED and Trilogy, Remitly is backed by Founders Co-Op,… Read More

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Bezos-backed Remitly lands $2.6M to help immigrants send money home

Remitly, the Seattle online money transfer startup, has reeled in $2.6 million in fresh capital in a deal led by Trilogy Equity Partnership. The company, a TechStars Seattle grad formerly known as Beamit Mobile, has raised a total of $5.1 million. “We’re excited about Trilogy’s international, operational, and mobile expertise,” said Matt Oppenheimer, Remitly co-founder… Read More