Remitly raises $135M and inks $85M credit line to grow remittance service, launch new products

TransferWise. WorldRemit. And now Remitly.
Seattle-based Remitly today announced a huge $220 million cash infusion on Tuesday, becoming the third mobile remittance company in the past two months to raise more than $100 million.
The investment includes a $135 million equity round and
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