ESO Fund
ESO Fund, established in 2012 and based in San Mateo, California, specializes in providing financial assistance to current and former employees of venture-backed companies. The firm enables these individuals to exercise stock options by offering the necessary cash to cover associated taxes. ESO Fund employs a thorough due diligence strategy to facilitate quick evaluations and closings of transactions. It presents a unique approach that leverages financial strategies to optimize tax implications and enhance return on investment potential for employees. Additionally, the firm offers partial liquidity options for those who have already exercised their stock options, allowing them to recoup capital while maintaining upside potential. As a Registered Investment Adviser, ESO Fund focuses on alternative investments primarily within the technology sector.
Remitly Global, Inc. is a digital remittance company that facilitates international money transfers through its global network, primarily serving customers in Africa, Asia, Central Europe, and South America. Headquartered in Seattle, Washington, with additional offices in London, Manila, and Nicaragua, Remitly offers an online service and mobile application that allows users in the United States, Canada, and the United Kingdom to send money to family and friends abroad. The company aims to disrupt the traditional money transfer industry, which is valued at $588 billion annually, by utilizing advanced technology to simplify the process and reduce associated costs. As a licensed money transmitter operating in 49 states and Washington, D.C., Remitly generates revenue through transaction fees and foreign exchange spreads, providing a reliable and cost-effective solution for immigrants seeking to send money internationally.
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