- Remitly Global, which is a provider of digital financial services, will now work with customers in major countries such as New Zealand.
- The company, which works with migrants in more than 170 nations around the world, said that it had already processed more than $2bn in recent years.
- “Helping customers send more than $2.5bn from the region to date is a testament not only to strong demand, but also to the world-class customer experience Remitly provides,” said a senior spokesperson for the firm.
Remitly Global, a provider of digital financial services, has confirmed a new expansion into key markets in the Asia-Pacific region.
The firm will now work with customers in New Zealand and Japan, two major financial markets in the region.
The company, which works with migrants in more than 170 nations around the world, said that it had already processed more than $2bn in recent years.
The firm also said that it was looking for additional growth once access to its platform was expanded.
It is thought that it will reach several million new clients in the area in the coming years.
Clients who are based in the new nations to join the Remitly Global online money transfer list will be able to send cash abroad to more than 150 payment corridors.
“Remitly is proud to serve immigrants living in Asia and the greater Pacific region and to leverage the investments we’ve made in our global payments platform to be the trusted provider for customers sending money home to their loved ones,” explained Matt Oppenheimer, the CEO and Co-Founder of Remitly.
“We are on a mission to transform international payments,” he continued.
“Helping customers send more than $2.5 bn from the region to date is a testament not only to strong demand, but also to the world-class customer experience Remitly provides, making the process of getting money home faster, simpler and more reliable.”
Another spokesperson, Remitly’s Executive Vice President for International Pankaj Sharma, added that the infrastructure that had been created in recent years was now being leveraged.
“Remitly’s strategic approach to expansion leverages the significant payments infrastructure we’ve built over more than a decade and is underpinned by our commitment to customers around the world,” he said.
Do you want to learn more about the state of the international money transfer sector? If so, we’ve got the details you need to get on top of it – just go to our money transfer reviews pages where you can find what you need.
