Wharton Fintech Podcast

In this episode, Miguel Armaza sits down with Matt Oppenheimer, Co-Founder and CEO of Remitly, a Seattle-based mobile payments platform enabling consumers to send and receive payments around the world that aims to provide the full suite of financial services to immigrants and migrants. The inspiration behind Remitly came when Matt was working in Kenya in 2010 and saw how difficult it was to send and receive money overseas. He began working on the problem immediately and has since grown the business to a rumored 1.5 Billion dollar-valuation in 2020. The company has raised almost $500 million in debt and equity from top industry VCs, including Generation Investment Management, Nasper’s PayU, Stripes Group, Threshold, QED, the World Bank’s IFC, Jeff Bezos, and many more! Matthew Oppenheimer Matthew Oppenheimer is Co-Founder and CEO at Remitly. The inspiration behind Remitly came when Matt was working for Barclays in Kenya and saw how difficult it was to send and receive money overseas. Matt was drawn to th