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Fireside chat: Matt Oppenheimer, Founder of Remitly
24 August 2021 06:00 PM - 08:00 PM ((GMT-08:00) Pacific Time (US & Canada))
Venue: Block 41
Location: 115 Bell St. ,Seattle, United States View on Google Map
Hosted By: Ellen Peterson
Type of Event: Learning
Event Contact: Ellen Peterson
Member: No price
Guest: $0.00
Description
Date: August 24th, 2021
Time: 6:00 pm - 8:00 pm
Who: Members & SAP's
Signature Sponsor: 1st Security Bank
Join us as we welcome Matt Oppenheimer back to EO Seattle. He is a former member and therefore one of us! We will ask him about his journey from a StartUp Biz -> EO Seattle Membership -> Achieving Unicorn status.
Bio:
Matt Oppenheimer is the co-founder and CEO of Remitly, the mobile-first provider of remittances and financial services for immigrants. Founded initially to disrupt the $700 billion global remittance industry, Remitly’s vision is to transform the lives of millions of immigrants and their families with the most trusted financial services products in the world. Remitly’s reliable and easy-to-use mobile app eliminates the long wait times, complexities and fees typical of traditional remittance processes, returning millions of dollars in savings and spending power to immigrants every year. Established in 2011 and headquartered in Seattle, Remitly is backed by more than a dozen industry-leading investors, including Generation Investment Management, Prosus’ PayU, Stripes and Bezos Expeditions. The company operates from numerous offices around the world, in cities including London, Kraków, Manila and Managua. For more information, visit Remitly.com and Passbook.app.
The inspiration behind Remitly came when Matt was working for Barclays in Kenya and saw how difficult it was to send and receive money overseas. Matt was drawn to the global impact his business could have: remittances eclipse foreign aid in improving global wealth equality and give people who receive them upward mobility. He began working on the problem immediately as an Entrepreneur in Residence at Highway 12 Ventures in Idaho and launched the company from Techstars in Seattle. Matt was named EY Entrepreneur of the Year 2016 in the Pacific Northwest and has been recognized as a Puget Sound Business Journal 40 Under 40 honoree for his work with Remitly. He holds a MBA from Harvard Business School and a bachelor’s degree in psychology from Dartmouth College.