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.
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Remitly CEO · current
