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February 3, 2020 06:56 pm GMT

Remitly launches Passbook, a neobank aimed at immigrants, to expand beyond money transfers

Last summer, the Seattle-based startup Remitly closed a $135 million round to go beyond money-transfer services into a wider range of financial products catering to its primarily-immigrant customer base. Today, it’s taking the wraps off a new product that puts paid to that plan: it’s launching Passbook, a new bank aimed at immigrants that lets […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ICDQ89BAFkQ/

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