Remitly Global completes acquisition of Rewire

Remitly Global announced the successful completion of its previously announced acquisition of Rewire, an Israeli-based remittance and financial services platform for migrant workers, on January 5, 2023. "Today marks an exciting milestone as we enter a new phase of Remitly’s journey," said Matt Oppenheimer, Co-Founder and CEO, Remitly. "We are thrilled for the Rewire team to join Remitly, bringing with them a strong account based remittance product in complementary geographies and a track record of product innovation and execution. Our combined expertise and strategic alignment will serve us well as we continue executing on our vision to transform the lives of immigrants and their families by providing the most trusted financial services on the planet."