One Year after Setting Roots in Mexico, Remitly Expands Deeper into Central and South America

One Year after Setting Roots in Mexico, Remitly Expands Deeper into Central and South America

Remitly adds over 10,000 more payout locations to its network across Latin America, providing better access to remittances for those on the receiving end

 SEATTLE–(BLOCK512)–Remitly, the largest independent mobile remittance company in the United States, today announced a strategic partnership with UniTeller, a leader in international money transfer processing. The partnership gives Remitly customers more options to send money to over 10,000 new cash payout locations across Latin America. This brings the company’s total network in Latin America to over 31,000 locations, making it easier for customers’ loved ones to receive money.

Among the new partners added to Remitly’s network across Latin America are Wal-Mart (including Aurrera, Superama and Suburbia), Farmacias Guadalajara in Mexico, Banco G&T Continental in Guatemala, Banco de Occidente in Honduras and Banco de Crédito del Perú.

Remitly’s relentless focus on customers continues to fuel its growth. “We’re happy to partner with UniTeller as we continue to improve the traditional broken remittance model. We are committed to giving our customers the best possible experience as we respond and adjust to their needs,” said Remitly CEO Matt Oppenheimer. “We launched in Mexico over a year ago and into seven additional countries across Central and South America a little over a month ago. We’re proud to deliver exceptional value to our hard-working customers.”

About Remitly

Remitly is the largest independent digital remittance company in the United States, transferring more than $1.5 billion from its customers in the U.S. and Canada to loved ones throughout the world. The company’s proprietary global transfer network includes its easy-to-use mobile app, which makes the process of sending money faster, easier, more transparent and less costly by eliminating the forms, codes, agents, extra time and fees typical of the traditional, century-old money transfer process. Remitly is backed by industry-leading investors, including Stripes Group, DFJ, DN Capital, QED Investors, Trilogy Equity Partners, Bezos Expeditions, Founders’ Co-Op, International Finance Corp., and TomorrowVentures. The company is headquartered in Seattle, with additional offices in the Philippines and Nicaragua. For more information, visit Remitly.com.

Contacts

Remitly
Britta Gidican, 206-535-6152 ext. 213
Head of Marcoms
[email protected]
or
The Keller Group
Carol Lucas, 425-443-3978
[email protected]