Quick Answer: Who Owns Remitly?

Who is the founder of Remitly?

Shivaas GulatiMatthew OppenheimerJosh HugRemitly/Founders.

Does Remitly ask for SSN?

You’ll need to submit your full name, address and DOB. You can also submit the last 4-digits of your SSN, if you have one, so Remitly can more quickly verify your identity.

How reliable is Xoom money transfer?

Xoom has excellent reviews on TrustPilot. The company also offers a money-back guarantee, which means that if your transfer is not received, Xoom will refund your transaction in full. Our Xoom’s Credibility and Security score is 9/10. At the same time, Xoom might not be the cheapest option to send money abroad.

Is Remitly better than Xoom?

Remitly wins the comparison with a score of 7.7/10 versus 7/10 for Xoom. SMS / text message alerts for you and the beneficiary so you can track the transfer and know when it’s been paid and collected. A 100% satisfaction guarantee means you get your fees back if you aren’t completely happy.

Is Remitly and WorldRemit the same?

Remitly and WorldRemit are not the same. They are different companies but are both international money transfer companies.

Which is the best money transfer service to India?

5 of the best money transfer services to send money from the USA to IndiaBest Exchange Rates: TransferWise.Sending Money to Family and Friends: Remitly.Send Airtime or Pay Bills: WorldRemit.Fee Free: XE Money Transfers.Best Big Brand: Xoom, powered by PayPal.

Can I use WorldRemit in Nigeria?

Using the WorldRemit app or website, the Nigerian diaspora living in over 50 countries can now send money quickly and securely to 1,800 cash pick-up locations across 36 Nigerian states. … As well as instant cash pickup, customers can also send money to Nigeria via bank transfer, airtime top-up and mobile money.

Why is my WorldRemit disabled?

Why was my account disabled? As a regulated financial entity, we have to follow a set of rules regarding accounts and transactions. Sometimes an account doesn’t meet our approval criteria, and we have to disable it.

How many employees does Remitly have?

1,000 employeesRemitly has 1,000 employees and is ranked 7th among it’s top 10 competitors.

How do I receive money from Remitly?

What options do I have for getting money through Remitly?Get a deposit in your bank account.Pick up cash in-person at a nearby location.Use a mobile wallet on your phone with Coins.ph, GCash, or PayMaya.Receive cash at your home using home delivery.

Is Remitly fast?

We may offer two delivery speeds – sometimes called Economy or Express. We recommend using Express when you need to send money fast, delivery is usually within minutes when using a debit card, and Economy when you’re able to wait 3-5 business days for your funds to be delivered.

Is WorldRemit secure?

We take pride in being a trustworthy and secure money transfer service. So yes – WorldRemit is safe!

Is Remitly a legitimate company?

Yes, Remitly is a trustworthy and secure money transfer provider. The company has an “Excellent” customer rating (4.5/5) on Trustpilot. Hundreds of thousands of Remitly customers are collectively transferring more than $6 billion a year through its services. Remitly offers a 100% satisfaction or money-back guarantee.

How much is Remitly worth?

All are previous backers, and Remitly’s valuation with the deal is now $1.5 billion — an upround compared to its Series E last year.

Is WorldRemit better than Remitly?

In a nutshell: Both are leaders when it comes to smaller amounts including bank transfers, mobile wallet transfers and cash pick up. Remitly offers home delivery while WorldRemit offers prepaid mobile top ups. WorldRemit offers slightly better fees and also offers a business option.

Is Remitly a US company?

Registered in the U.S.A. Only Remitly, Inc. is not licensed to provide the Service outside of the United States of America. As a result, the Service may not be available for use in countries other than the United States.

How much can you send through Remitly?

Transfer limits: $2,999 within 24 hours when you first register with Remitly. This can be increased to $10,000 ($30,000 for transfers to India) if you provide additional information to confirm your identity or source of funds. The amount you can send within a month is capped at $30,000.

How do I verify a Remitly account?

Once you submit your transfer, you will be prompted to complete the verification process in our Resolution Center.Click Verify Payment Method.Sign in to your banking app or website.Check your account or transaction history.Look for your most recent Remitly transaction.Find the code in the description.More items…•