Remitly vs TransferGo
Remitly
We are united through our vision to transform lives with trusted financial services that transcend borders
3329 employees · est. 2011 · Seattle, United States
TransferGo
Our mission is to provide hard-working migrants with simpler, better financial services — making their money go further
351 employees · est. 2012 · London, United Kingdom
Remitly is the older company (2011 vs 2012); Remitly is the larger of the two.
20 signals in the last 90 days
Side-by-Side Comparison
| Metric | Remitly | TransferGo |
|---|---|---|
| Founded | ||
| Founded | 2011 older | 2012 |
| Headquarters | ||
| Headquarters | Seattle, United States | London, United Kingdom |
| Employees | ||
| Employees | 3329 larger | 351 |
| Industry | ||
| Industry | Financial Services, Fintech, Payments | B2B, Financial Services, Fintech |
| Funding Stage | ||
| Funding Stage | Post-IPO Debt | Not tracked yet |
| Total Funding | ||
| Total Funding | $1.08B | $115.15M |
| Funding Rounds | ||
| Funding Rounds | 16 | 14 |
| Services | ||
| Services | Personal and Business Money Transfers, International Payment Processing, Real-time Currency Exchange, Secure Mobile Transactions | International money transfers, Multi-currency account management, Business payment solutions, Contactless payments via GoCard, Currency conversion services, Mobile app for financial management |
| Target Customers | ||
| Target Customers | International Money Senders, Small and Medium-Sized Enterprises (SMEs), Freelancers, Remote Teams, Global Vendors and Contractors | Migrants, Expats, Individuals needing international money transfers, Small and medium businesses, E-commerce users, Freelancers and remote workers |
| Taxonomy | ||
| Taxonomy | International Money TransfersDigital PaymentsMobile Payment ServicesFinTechCross-Border TransactionsRemittance Services +6 | Migrant SupportInternational Money TransferDigital PaymentsFee TransparencyCurrency ConversionCost-effective Transfers +8 |
| Website | ||
| Website | remitly.com | transfergo.com |
About Remitly
Remitly is an innovative player in the Fintech space, headquartered in the United States. Founded in 2011, the company focuses on facilitating international payments, mainly through digital channels like mobile phones, making money transfers across borders both quicker and more cost-effective. The...
About TransferGo
TransferGo, founded in 2012, is a United Kingdom-based fintech company specializing in simplifying international money transfers. With the mission encapsulated in their slogan, "Our mission is to provide hard-working migrants with simpler, better financial services — making their money go further,"...
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Compiled from the BounceWatch company index. We last looked at Remitly on 28 May 2026, and TransferGo on 2 Sep 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
