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Remitly

GeekWire 200 Update: Seattle and Pacific NW startups raise big funding rounds amid pandemic

The leading privately-held companies across the Pacific Northwest are raising giant swaths of cash and increasing their valuations despite the… Read More

Another unicorn in Seattle: Digital remittance startup Remitly raises $85M at $1.5B valuation

The unicorns are sprouting up in Seattle. The latest newly-minted billion-dollar startup in the Emerald City is digital remittance platform… Read More

Spencer Rascoff

Tech Moves: Zillow co-founder joins Palantir board; Hootsuite names new CEO; and more

— Zillow Group co-founder and former CEO Spencer Rascoff joined the board of Palantir Technologies, a big data company backed… Read More

Caution ahead: Startup report predicts venture capital drought, layoffs as COVID-19 crisis mounts

Fasten your seatbelts, it’s going to be a bumpy ride. That’s how the National Venture Capital Association kicks off a… Read More

Seattle startup Remitly sees growth as COVID-19 crisis accelerates shift to digital remittances

Many tech startups are laying off employees and facing steep revenue declines due to the COVID-19 crisis. That’s not the… Read More

Tech Moves: Longtime Amazon leader Greg Hart joins Compass; Icertis and Avanade hire execs

Amazon veteran Greg Hart, a former technical advisor to Jeff Bezos, is joining Compass as its new chief product officer.… Read More

Remitly expands beyond remittances, launches new banking service for immigrants

Remitly, the well-funded Seattle startup that helps people send money overseas, is expanding beyond remittances for the first time and… Read More

GeekWire 200 update reveals trending startups in edtech, consumer tech, B.C. and more

There’s a growing cohort of education tech companies across the Pacific Northwest. A flurry of up-and-coming startups are sprouting up… Read More

Rising Pacific Northwest startups show that financial technology is about more than payments

Seattle-area startups are building fintech offerings centered around communities like churches, schools and foreign workers. Church fundraising tech startup Subsplash… Read More

Remitly opens 2nd U.S. office in Spokane, 300 miles east of Seattle HQ

International money transfer heavyweight Remitly is opening its second U.S. office, and it didn’t have to stray far from home… Read More

Tech Moves: Remitly names diversity lead; Tableau hires marketing exec; ArtsFund taps interim CEO

— Kim Vu is the new head of diversity, equity and inclusion at Remitly, a Seattle startup that makes it… Read More

Fresh off $135M round, Remitly CEO and early investor dish on startup journey and offer advice

Before it served more than one million customers, before it helped process $6 billion in remittances last year, and before… Read More

Remitly raises $135M and inks $85M credit line to grow remittance service, launch new products

TransferWise. WorldRemit. And now Remitly. Seattle-based Remitly announced a $220 million cash infusion late Tuesday, becoming the third mobile remittance… Read More

Can Seattle become a financial technology hub? Why some tech leaders are banking on it

Madrona Venture Group managing partner Tom Alberg has witnessed and participated in the rise of the aerospace, wireless and e-commerce… Read More

GeekWire Awards 2019: Big Tech CEO of the Year finalists use leadership to fuel big growth

Seattle is an evolving city, so it makes sense for the GeekWire Awards to evolve, too. That’s especially evident as… Read More

GeekWire Awards 2019: Which of these burgeoning giants will be the region’s Next Tech Titan?

The Pacific Northwest tech scene is known primarily for giants such as Amazon and Microsoft, but there is a huge… Read More

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

Remitly, the Seattle international money transfer company, is teaming up with Visa to give people sending money abroad a new… Read More

Remitly expands coverage for mobile remittance program to 40 countries, nears 1K employee mark

Remitly today announced a major expansion, expanding its mobile remittance service to 40 countries across the world. That’s up from… Read More

Tech Moves: Remitly CFO lands in the grocery world; Amazon finance VP joins Robinhood

Krish Srinivasan, former CFO of Seattle international money transfer startup Remitly, has found his next gig, and it’s in a… Read More

Tech Moves: Rep the Squad CEO joins Bulletproof as startup closes; Banzai adds AI2 exec; and more

As sports jersey rental startup Rep the Squad winds down operations, its founder and CEO is on to a new… Read More

Jeff Bezos at Museum of Flight

Dan Primack is right: Amazon has not sparked a startup wave in Seattle

Dan Primack is one of my favorite journalists on the startup and venture capital beat, and his Pro Rata newsletter… Read More

Remitly expands to 11 European countries, CEO compares company’s growth strategy to Amazon

Remitly, the Seattle-based digital remittance company, is coming to Europe. After debuting its service in the U.K. last year, Remitly… Read More

Tech Moves: Nordstrom taps former Intuit CEO as chair; FlyHomes adds Zulily exec as CTO; and more

Nordstrom is solidifying its commitment to the digital retail world with a new chair of its board of directors. Brad… Read More

Working Geek: From rap fans to immigrant families, Remitly’s Kevin Nakao taps customers for answers

One of Kevin Nakao’s earliest marketing gigs sent him on tour almost 30 years ago with Puff Daddy, Jodeci and Mary… Read More

Resilience and risk-taking: How the immigration experience shapes the path of foreign-born entrepreneurs

First- and second-generation immigrants make up only 27 percent of the U.S. population, yet more than half of the most… Read More

Tech Moves: Remitly hires first chief people officer; Amazon VP of finance leaves for Snap; and more

Remitly, the Seattle-based digital remittance startup, hired its first chief people officer as it expands to more than 700 employees… Read More

GeekWire Awards 2018: Which of these 5 fast-growing companies will become the Next Tech Titan?

One of five companies is about to join an exclusive club. Past winners of GeekWire’s Next Tech Titan award have… Read More

Tech Moves: Remitly taps John Scrofano to lead new initiatives; Convoy adds Dropbox engineering leader; Microsoft data whiz joins Outreach

John Scrofano, a longtime Seattle entrepreneur and executive who most recently served as CEO of Seattle startup Garmentory, joined startup… Read More

GeekWire 200 in 2018: Our bold predictions for the Pacific NW’s top private tech companies

Last week we wrapped up a wild year for the Pacific Northwest’s top startups. Now it’s time to look ahead and… Read More

Top Pacific Northwest startup funding rounds of 2017: Remitly, Rover, Vacasa lead the way

Plenty of Pacific Northwest startups raised big funding rounds this year to fuel their growth in 2017 and beyond. The… Read More

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