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Taylor Soper / GeekWire

Remitly files S-1 ahead of IPO after 2020 revenue doubles to $257M and $1.5B valuation

Remitly filed an S-1 ahead of a conventional IPO, reporting $257M revenue and a $32.5M net loss for 2020 and $202M revenue with a $9.2M loss in H1 of the current year, with a $1.5B valuation from a July funding round and roughly $16.1B in trailing 12-month send volume.

MMatt Oppenheimer SShivaas Gulati
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