Remitly Appoints Vishal Ghotge as Executive Vice President, North America

Financial Services Company Taps Former Microsoft and Groupon Executive to Lead Product Development and Growth Efforts Across the U.S. and Canada

Remitly, the mobile-first provider of remittances and financial services for immigrants, today announced that Vishal Ghotge has joined the company as its Executive Vice President, North America. Ghotge brings to Remitly nearly two decades of experience working in the technology industry, including more than 15 years leading product growth initiatives at tech giants Microsoft and Groupon. In his new role with Remitly, Ghotge will drive the company’s customer-focused product vision and roadmap for North America, reporting directly to Co-Founder and CEO Matt Oppenheimer.

Immediately prior to joining Remitly, Ghotge served as Chief Product Officer at compensation software company PayScale, where he was responsible for overseeing the product strategy, user experience and technology for the entirety of the company's product portfolio.

“Vishal brings a unique skill set that will propel Remitly’s product vision amid the market’s accelerated shift to digital financial services,” said Remitly CEO Matt Oppenheimer. “We’ve proven that we can develop modern technology that is trusted by millions of customers, and with Vishal’s leadership, we look forward to continuously improving and delivering superior products to even more customers around the globe.”

“As an immigrant myself, Remitly’s mission to make financial services more accessible for underserved communities deeply resonates with me,” said Vishal Ghotge, Executive Vice President, North America, Remitly. “Staying true to this mission is what has enabled Remitly’s success, a rare and special feat for any business. I’m thrilled to join this talented team on the journey, and I look forward to working together to improve and build products that serve our customers and continue to drive the company's growth.”

Ghotge holds a Master’s in Computer Science from the University of Illinois, and a bachelor’s in Computer Engineering from the University of Mumbai, India.

For more information about Remitly, visit remitly.com.

About Remitly

Founded initially to disrupt the nearly $600 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. The mobile-first provider of remittances and financial services for immigrants, Remitly makes international money transfers faster, easier, more transparent and more affordable through its global network. 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, Stripes Group, Naspers PayU and Bezos Expeditions. Remitly operates from numerous offices around the world, in cities including London, Kraków, Manila and Managua. For more information, visit Remitly.com and Passbook.app.

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