Comment on Remitly debuts on Nasdaq, plans for more hiring in Seattle and beyond

Remitly debuts on Nasdaq, plans for more hiring in Seattle and beyond

Seattle-based banking and remittance startup Remitly debuted on the Nasdaq on Thursday. The company, which is trading under the ticker symbol RELY, priced its stock at $43 on Wednesday, and the price jumped to over $53 before closing at $47.85. Remitly co-founder and COO Josh Hug said the company now has over 1,600 employees globally and plans to continue hiring in Seattle and elsewhere. "We see lots of opportunities to continue to grow and invest," Hug said.

 

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