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

Remitly’s $115M investment round approved by regulators as startup expands mobile remittance platform – GeekWire

Remitly’s $115M investment round approved by regulators as startup expands mobile remittance platform – GeekWire

Remitly CEO Matt Oppenheimer. (Remitly Photo)

NEWS BRIEF: Remitly’s $115 million investment round has officially been approved. The cash infusion, which we previously reported on last month, was subject to regulatory approval given its size and the nature of the company, which operates a mobile remittance platform in 10 countries. The Series D round, led by Naspers — a global investment company with equity stakes in tech giants like Tencent and Flipkart — will help the Seattle startup expand internationally and add to its 400-person employee base across four offices worldwide. Read more here.

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