Remitly confidentially files draft SEC registration for IPO as it eyes roughly $5 billion valuation

Remitly, a Seattle-based mobile remittance company founded in 2011, confidentially submitted a draft registration statement with the SEC for a proposed IPO while preparing for a potential $5 billion valuation; it previously raised $85 million in July at a $1.5 billion valuation and recently received an undisclosed equity investment from Visa.

MMatt Oppenheimer