Remittances is a huge business with over $600 billion remitted every year; the fintech startups currently leading are WorldRemit, TransferWise and Remitly; the WSJ breaks down the various offerings as well as the other players in the industry; includes data on the remittance market across the globe and trends in the industry. Source
In this episode we sit down with Matt Oppenheimer, the CEO and founder of Remitly, to discuss remittances, the financial challenges of immigrants and how fintech is serving them better.
The World Bank predicted remittances would decline by almost 20 percent in 2020, the biggest drop in history; Remitly and...
Remittances have always been extremely important to a certain segment of the economy and the process has been dominated by...
There has been considerable buzz around Facebook’s Libra project and what it means for the monetary systems; fintech companies are...
Remitly is best known for their money transfer service but is now launching Passbook, a bank for immigrants that don’t...
Remittance fintech Remitly has announced it has raised $85 million in equity at a $1.5 billion valuation, an up round...
In the ninth episode we sat down with Matt Oppenheimer to talk about the remittance market in a time of increasing digitalization.