Remitly to create 120 new jobs with expansion of strategic operations in Cork

SEATTLE – April 7th 2022– Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a leading digital financial services provider for immigrants and their families, has announced it will increase operations in Cork, creating approximately 120 jobs over the next six months.

Established in Seattle in 2011, Remitly employs over 1,800 full-time equivalent employees either working out of our headquarters in Seattle, Washington, at one of our seven other office locations around the world, or remotely. The mobile-first provider of remittances and financial services for immigrants has served over five million customers globally across more than 75 currencies.

In June 2020 Remitly established its Fraud and Compliance Centre of Excellence in Cork and in that time has grown to more than 100 employees. In this next phase of growth, Remitly will be hiring roles that include Customer Protection Associates, Customer Success Team Managers, Program Specialists and Compliance Analysts.

Tánaiste and Minister for Enterprise Trade & Employment Leo Varadkar said: “Congratulations to the Remitly team on this expansion, which will see the creation of 120 new jobs at the company’s office in Penrose Dock. Great news for Cork and I’m sure the company will have no problem filling the new roles with the wealth of talent in the area. The very best of luck.”

“As Remitly continues to grow, we’re incredibly excited to nearly double the size of our talented team in Cork this year,” said Rene Yoakum, Chief Customer and People Officer at Remitly. “We are working to transform the way immigrants send money globally and doing it in a way that is truly customer centric. We look forward to welcoming 120 new Remitlians to the team who share our passion for serving customers, solving fascinating problems and having fun with talented colleagues.”  

Remitly has recently taken nearly 20,000 sq ft at Penrose Dock, a new Grade-A office complex at the heart of Cork’s new docklands.

Fiona Nagle, Director, Global Risk Operations said: “We’ve already hired 110 employees in Cork and are currently recruiting for 120 additional roles, growing the Cork team to 230 team members this year. The opportunity to build the Cork team with local, and customer-focused talent is exciting.”

Dermot Kennedy, Director, Ireland Operations said: “IDA Ireland has supported our team in a business-friendly environment and has a strong record of collaboration found here.  Industry alignment is also key and we have been able to partner with University College Cork and Cork Institute of Technology, which is exciting for us as we look to our future in Cork.”

CEO of IDA Ireland, Martin Shanahan said: “Today’s announcement by Remitly is very good news from a company that has experienced rapid growth in recent years. Remitly’s presence in Cork strengthens the South West region’s FinTech cluster. Its plans for its Fraud and Compliance Centre of Excellence is a strong vote of confidence in the highly skilled and talented workforce available in the region. I wish Remitly the very best with this expansion.”

Remitly is currently hiring across a series of functions including, Customer Protection Associates, Compliance Squad Investigators, Compliance Analysts, Program Specialist and Customer Success Team Managers.

To explore opportunities at Remitly Cork visit https://www.remitly.com/ie/en/careers

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