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Remitly

Remitly aims to raise up to $332M at $6.5B valuation in IPO for Seattle fintech giant

Remitly set terms for its IPO on Tuesday. The fintech company expects to raise $284.6 million, or $332.6 million if… Read More

Money transfer startup Remitly reveals financial results in preparation for upcoming IPO

Seattle-based money remittance company Remitly disclosed key financial results on Monday afternoon in its Form S-1 registration statement, a key… Read More

Tech Moves: Seattle AI experts join national task force; Boundless co-founder departs; and more

— DefinedCrowd founder and CEO Daniela Braga and Allen Institute for AI CEO Oren Etzioni are part of the newly… Read More

Remitly files initial IPO paperwork as Seattle fintech company prepares to go public

Remitly is going public. The mobile remittance company said Wednesday it confidentially submitted a draft registration statement with the SEC… Read More

6 tips from Seattle tech companies on how to support racial equity programs

As people around the country observe the anniversary of the murder of George Floyd, companies that pledged to do more… Read More

Tech Moves: Icertis hires new CMO; Expedia Group board member steps down; and more

— Icertis hired longtime SAP executive Gretchen Eischen as its new chief marketing officer. She was most recently global vice… Read More

Seattle startup Jargon sells IP to Remitly; founders will join remittance company

The news: Seattle mobile remittance company Remitly has acquired intellectual property from Jargon, a Seattle startup that developed an enterprise… Read More

Report: Seattle digital remittance startup Remitly hires banks for IPO at around $5B valuation

The news: Seattle startup Remitly has hired investment banks to prepare for an initial public offering, according to Reuters. The IPO… Read More

GeekWire Awards 2021: Check out the 5 finalists for Workplace of the Year

After a year in which the definition of “workplace” became especially fluid, our understanding of what makes for a great… Read More

Podcast

GeekWire Podcast: What Seattle’s billion-dollar startups say about the region’s tech industry

Here’s what we’re talking about on the GeekWire Podcast this week: Seattle’s tech community just reached a new milestone: 10… Read More

Seattle area boasts 10 fast-growing unicorns: Can you name the billion-dollar startups?

The unicorn — that supposed elusive creature of the startup world  — is becoming a bit more commonplace in these… Read More

Tech Moves: Outreach and Flyhomes marketing chiefs depart; startup studio Pienza grows team

— Margaret Arakawa has left her role as chief marketing officer at sales automation startup Outreach. Arakawa spent nearly 20… Read More

GeekWire 200 Update: Seattle and Pacific NW startups raise big funding rounds amid pandemic

The leading privately-held companies across the Pacific Northwest are raising giant swaths of cash and increasing their valuations despite the… Read More

Another unicorn in Seattle: Digital remittance startup Remitly raises $85M at $1.5B valuation

The unicorns are sprouting up in Seattle. The latest newly-minted billion-dollar startup in the Emerald City is digital remittance platform… Read More

Spencer Rascoff

Tech Moves: Zillow co-founder joins Palantir board; Hootsuite names new CEO; and more

— Zillow Group co-founder and former CEO Spencer Rascoff joined the board of Palantir Technologies, a big data company backed… Read More

Caution ahead: Startup report predicts venture capital drought, layoffs as COVID-19 crisis mounts

Fasten your seatbelts, it’s going to be a bumpy ride. That’s how the National Venture Capital Association kicks off a… Read More

Seattle startup Remitly sees growth as COVID-19 crisis accelerates shift to digital remittances

Many tech startups are laying off employees and facing steep revenue declines due to the COVID-19 crisis. That’s not the… Read More

Tech Moves: Longtime Amazon leader Greg Hart joins Compass; Icertis and Avanade hire execs

Amazon veteran Greg Hart, a former technical advisor to Jeff Bezos, is joining Compass as its new chief product officer.… Read More

Remitly expands beyond remittances, launches new banking service for immigrants

Remitly, the well-funded Seattle startup that helps people send money overseas, is expanding beyond remittances for the first time and… Read More

GeekWire 200 update reveals trending startups in edtech, consumer tech, B.C. and more

There’s a growing cohort of education tech companies across the Pacific Northwest. A flurry of up-and-coming startups are sprouting up… Read More

Rising Pacific Northwest startups show that financial technology is about more than payments

Seattle-area startups are building fintech offerings centered around communities like churches, schools and foreign workers. Church fundraising tech startup Subsplash… Read More

Remitly opens 2nd U.S. office in Spokane, 300 miles east of Seattle HQ

International money transfer heavyweight Remitly is opening its second U.S. office, and it didn’t have to stray far from home… Read More

Tech Moves: Remitly names diversity lead; Tableau hires marketing exec; ArtsFund taps interim CEO

— Kim Vu is the new head of diversity, equity and inclusion at Remitly, a Seattle startup that makes it… Read More

Fresh off $135M round, Remitly CEO and early investor dish on startup journey and offer advice

Before it served more than one million customers, before it helped process $6 billion in remittances last year, and before… Read More

Remitly raises $135M and inks $85M credit line to grow remittance service, launch new products

TransferWise. WorldRemit. And now Remitly. Seattle-based Remitly announced a $220 million cash infusion late Tuesday, becoming the third mobile remittance… Read More

Can Seattle become a financial technology hub? Why some tech leaders are banking on it

Madrona Venture Group managing partner Tom Alberg has witnessed and participated in the rise of the aerospace, wireless and e-commerce… Read More

GeekWire Awards 2019: Big Tech CEO of the Year finalists use leadership to fuel big growth

Seattle is an evolving city, so it makes sense for the GeekWire Awards to evolve, too. That’s especially evident as… Read More

GeekWire Awards 2019: Which of these burgeoning giants will be the region’s Next Tech Titan?

The Pacific Northwest tech scene is known primarily for giants such as Amazon and Microsoft, but there is a huge… Read More

Remitly teams up with Visa to enable cross-border money transfers to debit cards

Remitly, the Seattle international money transfer company, is teaming up with Visa to give people sending money abroad a new… Read More

Remitly expands coverage for mobile remittance program to 40 countries, nears 1K employee mark

Remitly today announced a major expansion, expanding its mobile remittance service to 40 countries across the world. That’s up from… Read More

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