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Remitly

Facilitates international money transfers for immigrants

Senior Counsel - New Product Initiatives

Full-Time
$208k - $260k+ Equity
Senior
JD
Seattle, WA, USA+1 moreMore locations: Arlington County, Arlington, VA, USA
HybridThree days on-site per week required.
LegalLegal Counsel & Legal Support

About the job

Requirements
  • A J.D. or equivalent is required.
  • Admission to, and good standing with, at least one State Bar is required.
  • Knowledge of consumer FinTech products and experience advising cross-functional teams at all stages of the product development lifecycle are required.
  • At least six years of experience practicing either in-house at a FinTech or bank, or at a law firm focused on financial services and products, is required.
  • General ability to work on commercial contracts is required.
  • Ability to collaborate and work as part of a global team is required.
Responsibilities
  • Support new global product launches by providing complex legal advice on legal topics and issues in the highly regulated financial services industry.
  • Provide legal support for the development and launch of global new products.
  • Advise product, engineering, compliance, and marketing teams on legal requirements and risks related to products; identify potential legal risks and recommend reasonable mitigations.
  • Advise teams on unclear areas of the law and interpret and apply the law in new contexts.
  • Translate legal advice into actionable guidance for product and business teams.
  • Work with outside counsel to obtain legal advice in multiple jurisdictions; when necessary, assist with interactions with regulators and internal audit inquiries.
  • Remain up to date on relevant financial services regulations and guidance, industry standards, and consumer protection laws to provide legal advice.
Desired Qualifications
  • Experience with prepaid or stored-value products, payments and money movement, and lending laws is beneficial.
  • Knowledge of Bank Secrecy Act anti-money laundering regulations is beneficial but not required.

About the company

Remitly helps immigrants send money internationally by offering transfers to bank accounts, cash pickups, or mobile wallets. The service works through its website and mobile app, where users initiate transfers, compare fees, and view real-time tracking. Remitly earns money from per-transaction fees and a margin on exchange rates, and it charges customers via the transfer process. It differentiates itself by focusing on immigrant communities, offering competitive rates and fast, secure transfers, plus promotions and a user-friendly experience. Its goal is to provide affordable, transparent, and convenient remittance services worldwide while supporting the needs and financial education of immigrant communities.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Seattle, Washington

Founded

2011

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Simplify's Take

What believers are saying

  • Remitly raised 2026 revenue guidance to $1.978 billion-$1.988 billion on August 5.
  • Adjusted EBITDA jumped 79% to $114.7 million, signaling operating leverage.
  • Remitly en Español launched in September 2026, strengthening Spanish-speaking customer acquisition and retention.

What critics are saying

  • Q2 2026 send volume rose 27% while revenue grew 20%, compressing take rates.
  • Wise reported September 2026 cross-border volume of £253 billion and 0.53% average fees.
  • Western Union launched Stablecard on August 4, 2026, pushing stablecoin payouts across 37 markets.

What makes Remitly unique

  • Remitly passed 10.2 million active customers in Q2 2026, validating network depth.
  • Nearly 70% of transfers arrived under 20 seconds on August 5, 2026.
  • Etsy named Remitly its first marketplace payout partner on September 9, 2026.

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Benefits

Continuing Education or Travel Stipend

Office Culture

Flexible PTO, Schedules and Leaves

DEI Learning Opportunities

Community Engagement

Inclusive Benefits

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

0%
Calcalist Tech
Oct 5th, 2026
Remitly appoints Maya Roisman to lead its Israeli operations.

Remitly appoints Maya Roisman to lead its Israeli operations. The former Fiverr executive succeeds Rewire founder Guy Kashtan, who is stepping down after Remitly acquired the Israeli fintech in 2022. 14:00, 05.10.26 Nasdaq listed fintech company Remitly has appointed Maya Roisman as General Manager of its Israeli operations. Roisman succeeds Guy Kashtan, founder of Israeli startup Rewire, which was acquired by Remitly in 2022. In her new role, Roisman will lead the company's strategy and business operations in Israel, with a focus on expanding its local activity and establishing strategic partnerships. Roisman brings approximately 18 years of experience to the role. Most recently, she served as GM Fiverr Business Solutions, VP Upmarket, where she developed complex monetization programs and transformed the division into a key growth engine for the company. Prior to that, she served as GM of Gett Delivery Israel, managing an independent business unit and leading its commercial and operational strategy. Kashtan, who founded Rewire and served as General Manager of Remitly Israel, said: "After years of exciting work, from founding Rewire and navigating its acquisition to building and leading a financial solution for foreign workers and their employers, I am handing over the reins with full confidence. The proven business experience Maya brings in building profit centers, combined with her ability to lead a business at the highest level, is exactly what the company needs right now to continue growing in the Israeli market." Roisman said: "Remitly's business potential in Israel is immense, and my primary goal is to leverage this momentum alongside the company's global platform. Together, we can deepen our presence in the local market, unlock new growth engines, reach new audiences and strengthen strategic partnerships."

Yahoo Finance
Sep 10th, 2026
Remitly hits 10M customers and raises outlook despite shrinking take rates and $141M one-time tax boost

Remitly reported second-quarter results for the period ended 30 June 2026, surpassing 10 million active customers for the first time—a 20% increase from 8.5 million a year earlier. Revenue grew 20% whilst adjusted EBITDA jumped 79% to $114.7 million, reflecting improved operating leverage. The company raised its full-year 2026 revenue guidance to $1.978 billion to $1.988 billion, representing 21% to 22% growth. However, the record net income of $205.9 million included a one-time $140.6 million tax benefit from releasing a US valuation allowance. Send volume rose 27% to $23.5 billion, outpacing the 20% revenue growth—suggesting a declining take rate. Management attributed efficiency gains to AI improvements.

Seeking Alpha
Sep 10th, 2026
Remitly Global, Inc. (RELY) presents at Goldman Sachs Communacopia + Technology Conference 2026 transcript.

Remitly Global, Inc. (RELY) presents at Goldman Sachs Communacopia + Technology Conference 2026 transcript. 162.15K Followers Remitly Global, Inc. (RELY) Goldman Sachs Communacopia + Technology Conference 2026 September 9, 2026 4:45 PM EDT Company Participants Sebastian Gunningham Vikas Mehta - Chief Financial Officer Conference Call Participants William Nance - Goldman Sachs Group, Inc., Research Division Presentation William Nance Goldman Sachs Group, Inc., Research Division All right. We are going to get started with the next session. We are very pleased here to have both Sebastian Gunningham and Vikas Mehta from Remitly here, CEO and CFO, respectively. Thanks for joining us. Always a pleasure to have Remitly at the conference. Sebastian Gunningham Vikas Mehta Chief Financial Officer Congrats on your conference. William Nance Goldman Sachs Group, Inc., Research Division Thank you. It's not over yet. Sebastian Gunningham Very impressive. Question-and-Answer Session William Nance Goldman Sachs Group, Inc., Research Division All right. Sebastian, thanks for being here. You've been in the seat for a little over 6 months. You came into a business that was already compounding at a very high rate. What have you learned in the first 6 months? And what have you changed? And where do you think you can have the most impact from here? Sebastian Gunningham Yes. Well, first, I'd say that when you join a business and you start to peel the onion, 1 or 2 things can happen. The more you peel the worse, the less you like or the more you peel the more you like. And I'd say that I had the luxury of joining a very solid company being put together over many years. The moats are real around the network, the infrastructure, the compliance, customers love the product. So there was a lot of boxes that checked right and I think the company is really a fantastic company. I'd say that my focus since joining has

Yahoo Finance
Sep 9th, 2026
Remitly chief business officer sells $554K in shares under pre-set trading plan

Remitly Global's Chief Business Officer Pankaj Sharma sold 21,000 shares of common stock for approximately $554,000 on 28 August 2026, according to an SEC filing. The sale was executed under a Rule 10b5-1 trading plan established in November 2025. Following the transaction, Sharma retains 716,022 shares worth $19 million. Remitly shares have delivered a 44% return over the past year and are up nearly 80% in 2026. Remitly operates a digital remittance platform serving customers in over 130 countries. The company generated $1.8 billion in revenue and $305 million in net income, with a market valuation of $5.2 billion.

GlobeNewswire
Sep 9th, 2026
Remitly partners with Etsy to give sellers more choice in how they get paid globally.

Remitly partners with Etsy to give sellers more choice in how they get paid globally. In Remitly's first partnership of its kind, new Etsy sellers in 15 countries will have the option to get paid locally via Remitly's cross-border network. September 09, 2026 09:00 ET | Source: Remitly, Inc. SEATTLE, Sept. 09, 2026 (GLOBE NEWSWIRE) - Remitly Global, Inc. (NASDAQ: RELY) today announced that it has partnered with Etsy (NYSE: ETSY) to be an additional payment provider on Etsy Payments, Etsy's payments platform, in 15 countries. The partnership marks the next step in Remitly's expansion beyond serving millions of individual customers into powering payments for small and medium businesses worldwide. Starting this fall, new international sellers opening an Etsy shop in select countries will have the option to choose Remitly as their payout provider during onboarding. For Etsy's global community of creative entrepreneurs, getting paid reliably and on time is critical. "Etsy Payments enables sellers around the world to access secure and flexible payments solutions," said Megan Oxman, Senior Director of Product at Etsy. "Adding Remity's payments platform as an option in Etsy Payments will give many sellers another dependable way to get paid, through the local banks and wallets they already use." When receiving their payout with Remitly, Etsy sellers can hold their earnings in USD and convert to their local currencies on their own terms, depositing income straight to their bank accounts or mobile wallets. "Etsy is Remitly's first marketplace partner and a model for what's ahead: taking the payment network that millions of receivers already trust and putting it to work for businesses," said Ankur Tiwari, VP and General Manager of Remitly Business. About Remitly (NASDAQ: RELY) Remitly is a trusted provider of financial services that transcend borders. With a global footprint spanning more than 175 countries, Remitly has built one of the world's leading global money movement platforms, trusted by millions of customers. Remitly continues to evolve beyond a remittance company into a diversified, cross-border financial services provider, serving both consumers and businesses across the globe. Media Inquiries: [email protected] Investor Relations: [email protected]