Remitly Reports 44% Revenue Growth to $944M in 2023, Projects Over $1.2B in 2024 with Reduced Losses
Remitly's 2023 revenue rose 44% to $944.3 million with send volume up 38% and active customers increasing 41%, while losses slightly widened to $117.8 million. The Seattle-based digital remittance company forecasts over $1.2 billion revenue in 2024 and plans to reduce losses.
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