Remitly nets $12.5 mln Series B
Seattle-based Remitly Inc, an online remittance service, has secured $12.5 million in Series B funding. DFJ led the round with participation from DN Capital, QED Investors and Trilogy Equity Partners. In conjunction with the funding, William Bryant, a partner at DFJ, has been named to Remitly's board of directors. According to the company, the capital infusion will be used for personnel hiring, scaling marketing efforts, and service expansion.
19 March 2015•4 mins read
