Company and Product News

Remitly launches Trust & Safety Center and joins the Aspen Institute’s National Task Force on Fraud and Scam Prevention.

Remitly's Identity & Trust team share how our improved machine learning capabilities enabled us to reduce our rate of fraud intervention by over 25% compared to the previous year, while also lowering our rate of transaction loss by over 30%, ensuring fast, secure transactions for millions of customers.

Our new AI-powered virtual support assistant can resolve issues four times faster than an associate - slashing the average time a customer spends with support by 75%

We’re honored to announce that Remitly has been recognized as a 2024 Deloitte Technology Fast 500™ award recipient, marking our eighth consecutive year on this distinguished list. This achievement underscores our commitment to delivering innovative, trusted cross-border financial services.

Remitly announces collaboration with Tigo Pesa (now known as Mixx by Yas), a top mobile money provider in Tanzania. By teaming up with this trusted and widely-used platform, Remitly customers can now send directly to Tigo Pesa wallets.

We have expanded our seafarers product experience to the European Union, United Kingdom, Australia, and Singapore. With this launch, we hope to bring even more seafarers the reliable, secure, and convenient money transfer service they deserve

Remitly collaborates with Airtel Tanzania to help make sending money to loved ones in Tanzania more convenient. 

Remitly is thrilled to introduce our new Chief Financial Officer, Vikas Mehta! Based in Seattle, Vikas is responsible for leading all aspects of financial planning and analysis, procurement, accounting and tax, investor relations, and treasury.

New Westminster Office to Become a Center of Excellence, Actively Hiring Engineering Talent Remitly is thrilled to announce the opening of our first Greater Vancouver area office in New Westminster, nestled along the picturesque Fraser River. This new location marks a significant milestone in our growth journey as we expand...

Featuring improved search, transparent contact options, and a new AI-powered virtual support assistant