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remitly
Overview
Remitly is a leading digital financial services company specializing in cross-border payments, primarily focused on serving the remittance needs of immigrants and migrant workers. As a prominent player in the fintech industry, Remitly offers a user-friendly and secure online and mobile platform that simplifies the process of sending money internationally. By leveraging technology to provide competitive exchange rates, transparent fees, and faster transfer times compared to traditional methods, Remitly has established a strong market position, disrupting the traditional remittance landscape and providing a more efficient and accessible solution for its target demographic.
remitly's headcount breakdown by department
| Department | HeadCount |
|---|---|
Administrative | 31 |
Consulting | 10 |
Service | 109 |
Design | 21 |
Education | 9 |
Finance | 131 |
Management | 29 |
Hr | 60 |
Legal | 278 |
Marketing | 56 |
Medical | 0 |
Operations | 59 |
Department | 267 |
Product | 79 |
Management | 41 |
Estate | 1 |
Research | 120 |
Sales | 39 |
Technical | 368 |
Trades | 0 |
Remitly's department distribution reflects a modern fintech company prioritizing technological innovation, regulatory compliance, and a data-driven approach to product development. The significant number of employees in the Technical department (368) underscores the company's commitment to developing and maintaining a robust, secure, and user-friendly platform for international money transfers. The large Legal department (278) emphasizes the critical importance of navigating the complex regulatory landscape of global finance and ensuring compliance with various international laws and regulations surrounding money transmission. The substantial Finance department (131) highlights the necessity of managing financial operations, maintaining profitability, and ensuring compliance with reporting requirements. Furthermore, the robust Research team (120) demonstrates a commitment to understanding customer needs, market trends, and emerging technologies to inform product development and strategic decision-making. While the Sales department (39) is relatively smaller, it suggests a strategy that leverages digital marketing, partnerships, and organic growth, rather than a heavy reliance on a large direct sales force. This balanced approach, emphasizing technology, legal compliance, research, and efficient digital acquisition, positions Remitly for continued growth and innovation within the highly competitive fintech market.
remitly's employees by locations
Employee Count by Country
Total: 1,707 employees
Remitly's global workforce distribution illustrates a strategic approach tailored to its mission of facilitating international money transfers. The largest employee presence in the United States (689) likely reflects the location of its headquarters and a significant customer base sending money from the US. The substantial presence in the Philippines (406) and Nicaragua (229) indicates key remittance corridors, housing customer support, operations, and potentially technology teams focusing on these markets. Ireland (100) and Poland (83) likely serve as European operational or technology hubs, benefiting from available talent and strategic locations within the region. The presence in the United Kingdom (68) and Canada (31) further supports its operations in major remittance-sending countries. Smaller teams in locations such as Israel (23), United Arab Emirates (11), and various Latin American countries (Brazil, Colombia, Peru) suggest a targeted approach, fostering local partnerships, ensuring regulatory adherence, and providing culturally relevant customer support in key receiving markets. This geographically distributed model strategically positions Remitly to serve both senders and recipients of international remittances efficiently and effectively while maintaining a solid foundation in its home market.
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