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

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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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