Change the World 2025
Tens of millions of people work outside the countries in which their families live, and many regularly send money back home, making cross-border remittances a nearly $700 billion annual business. Remitly helps its 8 million active users keep more of that money for themselves: In an industry where the average fee is over $4 for every $100 sent, Remitly keeps about $2.31 for every $100 sent; in 2024, its customers sent over $54 billion globally, and saved an estimated $1 billion in remittance fees compared with the industry average.