Remitly: verified facts and rating
Checked 2026-10-29
Score breakdown
85% backed by facts · How we rank
Remitly against the market
The dot is the company, the line is the median of all companies in this ranking.
Fee to send 1,000 USD (US → Mexico)$0.00$7.67$1.99 · median $1.49
Remitly strengths and weaknesses
Pros
- Low fee on the reference transfer
- Regulator licence or registration stated on the official site
- Sends to a large number of countries
- Highly rated by App Store users
Cons
- The exchange rate includes a markup over the market rate
All facts
| Fact | Value | Source | Checked |
|---|---|---|---|
| Fee to send 1,000 USD (US → Mexico) | $1.99 | remitly.com | 2026-10-29 |
| Discloses earnings on the exchange rate | Yes | remitly.com | 2026-10-29 |
| Mid-market rate with no markup | No | remitly.com | 2026-10-29 |
| Countries you can send to | 175 | remitly.com | 2026-10-29 |
| Cash pickup | Yes | remitly.com | 2026-10-29 |
| Delivery to mobile wallets | Yes | remitly.com | 2026-10-29 |
| Delivery within minutes or same day | Not verified | — | |
| Licensed by a financial regulator | Yes | remitly.com | 2026-10-29 |
| Founded | 2011 | remitly.com | 2026-10-29 |
| Public company (listed, audited reports) | Yes | sec.gov | 2026-10-29 |
| App Store rating | 4.9★ | itunes.apple.com | 2026-10-29 |
| App Store ratings | 2,802,916 | itunes.apple.com | 2026-10-29 |
| Parent company | Not verified | — |