Remitly is a digital money transfer service designed to help people send money internationally quickly, securely, and affordably. Founded in 2011, Remitly focuses on providing fast, low-cost remittances to individuals who need to send money across borders, particularly to countries in Asia, Africa, and Latin America. The platform offers a simple, user-friendly experience for sending funds to loved ones or businesses abroad, making it a popular choice for immigrants and expatriates.
One of Remitly’s standout features is its range of transfer options, including bank deposits, cash pick-up, and mobile wallet transfers, providing flexibility to meet the needs of recipients. Transfers can be sent within minutes for urgent needs or through economy options for lower fees. The platform also supports multiple currencies and works with both debit and credit cards, as well as bank transfers for funding.
Security is a priority for Remitly, with advanced encryption and fraud detection systems in place to protect both senders and recipients. Additionally, the company provides excellent customer support and a transparent fee structure, ensuring users know the costs upfront.
Remitly has quickly grown into one of the leading alternatives to traditional money transfer services, offering a reliable, affordable, and convenient way to send money internationally.