Remitly Raises Another $38M, Adds World Bank’s IFC as it Pushes Into Emerging Markets

Sep 30, 2016 at 12:00am

Remitly, a startup co-founded and led by a former executive of Barclays who saw a gap in the market to build money transfer and other financial services for emerging markets and the “unbanked”, is today announcing that it has raised $38.5 million, as well as expansion to seven more countries in Latin America.

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