Remitly, a U.S.-based company offering digital cross-border payments solutions, announced its expansion into India with an office in Bengaluru. The move is part of Remitly’s global growth strategy, and the new office will serve as a tech and R&D hub focused on driving innovation and enhancing the company’s services.
Remitly serves individuals across more than 170 countries, helping immigrants send remittance money back to their loved ones. Establishing a physical presence in India enables Remitly to further connect with the region and deepen its understanding of the Indian remittance experience as it works to build solutions that resonate with customers.
Slated to open in June, Remitly’s Indian office in IndiQube Eco features a modern layout as well as several amenities like art galleries and wellness zones. The facility allows Remitly to tap into Bengaluru’s thriving technology and fintech talent pool. The company is actively growing its Indian team and has plans for continual growth in the region.
