Jeff Bezos-backed Remitly announces free money transfers to the Philippines

remitly11

Seattle startup Remitly just announced pricing for its new international money-transfer service to the Philippines, and customers are probably going to like the price. Money transfers of more than $100 are free — if you’re willing to wait three business days. If the money needs to be wired immediately, Remitly plans to charge a flat… Read More…

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

remitly11

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…