QED Investors, LLC is a venture capital firm founded in 2007 and headquartered in Alexandria, Virginia, with an additional office in New York City. The firm focuses on making direct investments in high-growth companies, particularly in the financial services sector. It specializes in seed, early, and mid-stage investments, as well as growth capital transactions. QED Investors targets disruptive financial services companies and invests across various sectors, including fintech, online financial services, technology hardware, and specialized finance. The firm is active in regions such as India, Southeast Asia, the United States, the United Kingdom, and Latin America and the Caribbean. QED Investors is known for its commitment to engaging directly with portfolio companies, emphasizing the importance of information and collaboration in driving success.
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.
Remitly
Series A in 2014
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.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.