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Remitly completes acquisition of Rewire

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Remitly Global, Inc. (“Remitly”), a leading provider of digital financial services for immigrants and their families in more than 170 countries around the world, today announced the successful completion of the acquisition of Rewire. , an Israeli money transfer service was announced earlier. financial services company. immigrant worker service platform, January 5, 2023.

“Today marks an exciting milestone as we enter a new phase of Remitly’s journey,”
“We are thrilled for the Rewire team to join Remitly, bringing with them a strong account-based remittance product in complementary geographies and a track record of product innovation and execution. Our combined expertise and strategic alignment will serve us well as we continue executing on our vision to transform the lives of immigrants and their families by providing the most trusted financial services on the planet.”
Matt Oppenheimer, Co-Founder and CEO, Remitly.
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