Remitly files initial IPO paperwork as Seattle fintech company prepares to go public

Remitly CEO Matt Oppenheimer. (Remitly Photo)Remitly is going public. The mobile remittance company said Wednesday it confidentially submitted a draft registration statement with the SEC for its proposed IPO. Reuters reported last month that Remitly had hired investment banks as it prepared to go public at a valuation of around $5 billion. Remitly’s last valuation was $1.5 billion in July…
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