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Remitly’s Plans for Growth as a Public Company: CEO Matt Oppenheimer on Q3 2021 earnings

Remitly has published its first results as a public company, so as part of our Post-Earnings Call Series, Remitly CEO Matt Oppenheimer discusses the company’s plans and Q3 2021 earnings. Download it here. 

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In ‘Remitly’s Plans for Growth as a Public Company’

Remitly has published its Q3 2021 results, the first as a public company, with some strong headline numbers. The company has seen quarterly revenue grow by 69% year-on-year to $121m, while active customers and send volume increased 51% and 61% respectively.

The company also used its first earnings call to provide a deeper understanding of Remitly’s market position and typical customer, as well as provide an update on the company’s partnership with Novi. We build on that in this conversation.

With this in mind, how does Remitly plan to continue its run of growth, and how does it view its evolving place in the wider market? Daniel Webber spoke to Remitly CEO Matt Oppenheimer to find out.

Topics covered:

  • Core drivers of Remitly’s growth
  • Customer acquisition strategy
  • Developing brand trust
  • Defining localization at scale
  • Remitly’s four pillars of growth
  • Market differentiation
  • Network quality and reach
  • Remitly for developers
  • Partnering with Novi
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