Matt Oppenheimer is the co-founder and CEO of Remitly, a company focused on transforming the global remittance industry. With his background in mobile and internet banking initiatives at Barclays Bank, Oppenheimer has led Remitly to become the largest independent international money transmitter in the USA, transferring nearly $6 billion a year.
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Who is the CEO of Remitly?
Before founding Remitly, Matt Oppenheimer worked for Barclays Bank in London and Nairobi, Kenya, where he was involved in mobile and internet banking initiatives. His experience in Nairobi ignited his passion for addressing the challenges associated with international money transfers, leading him to work on Remitly as an Entrepreneur in Residence at Highway 12 Ventures in Idaho.
He later relocated the company to Seattle, Washington, to participate in the TechStars program, which played a significant role in the development and innovation of Remitly as a successful financial services firm. He has been recognized as an EY Entrepreneur of the Year in the Pacific Northwest and a Puget Sound Business Journal "40 Under 40" honoree.
Work History
- Remitly - Co-founder & CEO (May 2011 - Present)
- BECU - Board of Directors (October 2018 - Present)
- Highway 12 Ventures - Entrepreneur in Residence (May 2011 - May 2015)
- Barclays Kenya - Head of Mobile and Internet Banking Initiatives (July 2010 - May 2011)
- Barclays Corporate - Director, United Kingdom & Ireland (August 2009 - July 2010)
- Cambridge Associates - Senior Consulting Associate (July 2005 - April 2007)
Education History
Matt Oppenheimer's educational background includes a Bachelor of Arts degree in Psychology from Dartmouth College, which he obtained between 2001 and 2005. He later pursued a Master of Business Administration (M.B.A.) at Harvard Business School, completing the program between 2007 and 2009. This combination of education in both psychology and business administration has contributed to his success as an entrepreneur and leader in the financial services industry.
When did Matt Oppenheimer join Remitly?
Matt Oppenheimer co-founded Remitly in May 2011 and has been serving as its CEO since the company's inception. As of 2023, Oppenheimer has been with Remitly for approximately 12 years, leading the company to become a major player in the global remittance industry.