TRANSACTION:REMITLY

Remitly is an online money transfer service based in Seattle, United States that offers international money transfers to over 135 countries. It was founded in 2011 by Matthew Oppenheimer, Josh Hug, and Shivas Gulati and became publicly traded on the Nasdaq exchange in September of 2021. Remitly earns its money by charging customers to send money from one country to another. These fees are what you pay based on where you’re sending money, how much you’re sending, how fast you want the money to get there, and how you’re paying to send the money.