[May 05, 2016]

Remitly CEO Matt Oppenheimer Named Finalist in EY Entrepreneur of the Year® 2016 in the Pacific Northwest

EY announced today that Remitly co-founder and CEO Matt Oppenheimer is a finalist for the EY Entrepreneur Of The Year® 2016 Award in the Pacific Northwest. The awards program celebrates entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. On the heels of Remitly's $38.5 million Series C funding round, Oppenheimer was selected as a finalist by a panel of independent judges. Award winners will be announced at a black-tie gala event on June 17, 2016 at the Sheraton Seattle Hotel.

"It's an honor to be recognized for this award. Five years ago we set out to build a business that would have a profound impact on the lives of migrants worldwide," said Oppenheimer. "Remittances underpin the GDP of many developing countries and are a vital aspect of the global economy. I'm so proud of the Remitly team for working so hard every day to bring a great product to our customers and I'm excited for our continued growth ahead."

To learn more about the Pacific Northwest program, please visit www.ey.com/us/eoy/pnwwww.ey.com/us/eoy/greaterla. Join the conversation on social media and follow program developments @EY_EOYUS using #EOYPNW.

About Remitly

Remitly is a mobile payments service that enables consumers to conveniently make person-to-person international money transfers from the United States and Canada. Its online service uses the latest technology and mobile devices to eliminate the forms, codes, agents, extra time, and fees tied to the traditional money transfer process. Remitly is a licensed money transmitter currently operating in 49 states and Washington, D.C., and sending millions of dollars to thousands of customers each month. A Techstars company, Remitly is backed by Stripes Group, DFJ, Vulcan Capital, QED, Trilogy Equity Partners, DN Capital, Founders Co-Op, Bezos Expeditions and TomorrowVentures. Remitly is headquartered in Seattle, Washington, with additional offices in the Philippines. For more information on Remitly, please visit www.remitly.com.

About EY Entrepreneur Of The Year®

EY Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160505006215/en/

[ Back To Mobile World Congress's Homepage ]