Matt Oppenheimer
Matt Oppenheimer is Co-Founder and Chairman at Remitly, a digital financial services company that went public, and serves on the boards of BECU and Washington Roundtable. He has expertise in consumer technology, global growth, and mission-driven businesses.
Remitly co-founder Matt Oppenheimer inducted into Dartmouth Entrepreneur Hall of Fame after stepping down as CEO
Remitly co-founder and chairman Matt Oppenheimer was inducted into Dartmouth College’s Entrepreneur Hall of Fame after stepping down as CEO seven months earlier, honored for making lasting positive impacts through his ventures. He credited Dartmouth’s social psychology teachings for shaping his people-focused approach to business and thanked admissions officers who gave him a chance despite “OK grades.”
Remitly launches Remitly Global Card — Visa debit account with preferred FX, USD/USDC balances, instant P2P and 0% APR line
Remitly launched the Remitly Global Card, a Visa debit card and linked account that lets cross-border customers get paid, spend, save, and send money across countries with direct deposits, fee-free local spending, and global ATM access. The card, issued via Lead Bank with a Stripe wallet and funds held at Fifth Third Bank, includes preferred FX rates, support for USD or USDC balances, instant P2P transfers between Remitly cards, and a US 0% APR open-end line of credit for eligible users.
Matt Oppenheimer Steps Down as CEO of $7B Remitly After 15 Years, Moves to Chairman Role
Matt Oppenheimer led Remitly for nearly 15 years, growing it from a three-person startup to a $7 billion public fintech company with over 9 million users, before transitioning to chairman. Remitly reported $442.2 million revenue in Q4 with its first profitable year in 2025 under new CEO Sebastian Gunningham.
Remitly co-founder Matt Oppenheimer becomes executive chairman as ex-Amazon exec Sebastian Gunningham named CEO
Remitly co-founder Matt Oppenheimer is stepping down as CEO and becoming executive chairman while former Amazon executive Sebastian Gunningham will succeed him as CEO; Oppenly (sic) remains a major shareholder and will focus on long-term strategy.
Remitly Unveils New Seattle HQ at Rainier Square to Support Growth and Global Collaboration
Remitly opened its new headquarters at Seattle's Rainier Square, designed to reflect global cultures and foster collaboration as the digital remittance company plans for continued growth. The HQ spans three floors with plans to expand further, supporting over 500 Seattle employees and a hybrid work model.
Remitly CEO Matt Oppenheimer Details Expansion to 5,000 Global Corridors and Customer-Centric Strategy
Remitly CEO Matt Oppenheimer discusses transforming cross-border financial services and the companys customer-centric strategy as it expands to 5,000 global corridors.
Remitly Signs Lease for Larger Seattle Headquarters at Rainier Square Tower, Plans Move in 2025
Remitly is relocating its Seattle headquarters to a larger office at Rainier Square Tower in downtown Seattle next year to enhance collaboration and in-person work. The company employs over 450 people in Seattle and aims to support return-to-office strategies amid a broader downtown recovery.
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.
Seattle Tech Leaders Advise on Overcoming Imposter Syndrome and Building Confidence at HBS Seattle Event
Seattle tech leaders, including Remitly CEO Matt Oppenheimer and Expedia CTO Rathi Murthy, shared advice on normalizing imposter syndrome, building self-confidence, and the value of mentorship during a Harvard Business School Club of Seattle discussion. They emphasized vulnerability, flexibility, and self-improvement as keys to effective leadership and workplace success.
Ben Gilbert Names ChatGPT with GPT-4 as Top Technology of 2023, Citing Microsoft Azure's Key Role
Ben Gilbert, co-founder of Pioneer Square Labs, identifies ChatGPT based on GPT-4 as the most important technology of 2023, highlighting its growing mainstream impact and generative AI's potential. Microsoft, a key OpenAI investor, plays a crucial role with its Azure cloud infrastructure supporting this AI innovation.
Matt Oppenheimer, Remitly CEO and Co-founder, Discusses Innovation in Fintech
Matt Oppenheimer, CEO and co-founder of payment startup Remitly, is highlighted as a rising star in the fintech industry discussing innovation in payments.
Remitly reports FY2021 revenue $459M (+78% YoY), Q4 $135M (+69%); adds 700+ corridors to reach 2,100
Remitly reported FY2021 revenue of $459M, up 78% year‑over‑year, and Q4 revenue of $135M, up 69%, driven by 90% revenue retention, a 50% increase in active customers, and expansion of over 700 payment corridors to more than 2,100. CEO Matt Oppenheimer says Remitly will continue building its global disbursement network, invest in financial services, and roll out new products to 'reinvent the remittance experience' in 2022.
Sarah Bird departs Moz after 14 years and seven-plus years as CEO following June acquisition by iContact (J2 Global)
Sarah Bird is leaving Moz after 14 years at the Seattle SEO software startup, including more than seven years as CEO; Moz was acquired by iContact (a J2 Global subsidiary) this past June and Bird transitioned to EVP and chief revenue officer of the Moz Group before announcing her departure. She plans to take the winter off to rest and has no firm next steps yet.
Remitly prices IPO at $43, values company near $7B and raises $300M+ as shares debut on NASDAQ
Remitly, a 10-year-old mobile remittance company, priced its IPO at $43 per share valuing the firm near $7 billion and raised over $300 million in net proceeds as it began trading on NASDAQ; shares opened at $53 and closed at $48.45 on debut. CEO Matt Oppenheimer framed the IPO as a step in the company’s mission to simplify cross-border money transfers for immigrants and their families.
Techstars Seattle 2011 cohort produced three unicorns (30% rate), making it arguably the accelerator world's most successful class
Techstars Seattle’s 2011 accelerator cohort produced three unicorns — a 30% unicorn-rate — making it likely the most successful accelerator class ever, despite founders facing near-death challenges and a low representation of women among its ten startups.
Former Maveron Investor Jason Stoffer Says He Was Wrong to Pass on Remitly as Company Nears $6.5B IPO
Maveron investor Jason Stoffer passed on investing in Seattle remittance startup Remitly in 2012 due to regulatory and market concerns but now says the company proved him wrong as it prepares a $6.5 billion IPO. Stoffer discusses his analysis of Remitly’s S-1, investing lessons, and related topics on the GeekWire Podcast.
Remitly files to raise up to $332.6M in IPO at roughly $6.5B valuation with $38–$42 price range
Remitly set IPO terms expecting to raise $284.6 million (up to $332.6 million with overallotment) at $38–$42 a share, valuing the Seattle fintech about $6.5 billion. The company reported $202M revenue and a $9.2M net loss in the first half of the year and competes with firms like Wise and Zepz.
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.
Seattle Tech CEOs — Icertis, Syndio, Qumulo, Remitly, Outreach, Convoy, Zenoti, Skilljar — Share First-Job Lessons That Shaped Their Careers
Seattle-area tech startup CEOs shared lessons from their first jobs—ranging from car washing to programming—highlighting practical skills, work ethic, and enduring lessons that shaped their leadership and product thinking.
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.
Madrona Venture Group’s Steve Singh Details Six Post-COVID Tech Trends and Reasons for Hope on GeekWire Podcast
Steve Singh, managing director of Madrona Venture Group and former CEO of Docker and Concur, joined GeekWire to discuss reasons for hope and six technology trends to watch as the Pacific Northwest emerges from the pandemic, in a special episode tied to the 2021 virtual GeekWire Awards.
Icertis names ex‑SAP marketer Gretchen Eischen as CMO amid $2.8B valuation; Apollo partner David Sambur exits Expedia board
Icertis hired former SAP marketing executive Gretchen Eischen as CMO while moving Seth Nesbitt to a newly created culture role; Icertis was valued at $2.8B after an $80M round. Apollo partner David Sambur resigned from Expedia Group’s board after a $1B investment, and Remitly named Vishal Ghotge EVP of North America.
Two Screens for Teachers raises support as founders seek $23M to supply 250,000 pandemic-strained educators; teen Avi Schiffmann built a widely used COVID-19 tracker
A roundup of positive tech, science, and education stories from 2020 highlights initiatives that helped during the pandemic, including Two Screens for Teachers providing monitors to school districts and a high school student, Avi Schiffmann, building a widely used COVID-19 tracker.
Seattle Reaches 10 Unicorns Worth $1B+, Mostly Enterprise Software Firms with Microsoft Links
Seattle now has 10 unicorn startups valued at $1 billion or more, many concentrated in enterprise software/cloud computing and driven by rapid digital transformation and strong revenue run rates. Most have immigrant founders and Microsoft ties, but none have female co-founders or CEOs.
Remitly raises $85M, reaches $1.5B valuation as digital remittance demand spikes during COVID-19
Remitly, a Seattle-based digital remittance platform, raised $85 million in new funding, valuing the company at $1.5 billion as customer growth surged amid the COVID-19 pandemic.
Organizations
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Education
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Harvard Business School Master of Business Administration (M.B.A.) · 2007–2009
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Dartmouth College BA, Psychology · 2001–2005
