FXC Intelligence announces data and intelligence partnership with Remitly
- FXC Intelligence, the leading provider of cross-border payments data and intelligence, has renewed its strategic partnership with Remitly, a trusted provider of digital financial services that transcend borders.
- FXC Intelligence will provide Remitly with its market-leading remittances pricing data via its pricing platform.
- The FX pricing datasets provide rich insights into pricing and speeds across more than 25,000 corridors, covering around 700 providers across over 110 countries.
FXC Intelligence has signed an extended data and intelligence partnership with Remitly, one of the leading providers of global digital remittances services. This announcement marks the 5th year that Remitly has been working with FXC Intelligence.
Remitly will be using FXC Intelligence’s remittances benchmarking pricing data, which tracks price fluctuations in real time, allowing companies to benchmark themselves against their peers to gain competitive insights into a changing market.
FXC Intelligence’s cross-border payments pricing datasets provide rich insights into price, speeds and product capabilities across more than 25,000 corridors, covering over 700 providers across 110+ countries.
Daniel Webber, CEO and Founder of FXC Intelligence, said:
“Our continued collaboration with Remitly signifies a commitment to empowering the digital remittance industry with comprehensive data and insights. Remittances is a highly nuanced market segment and requires a deeply experienced, specialist expertise alongside high-quality, up-to-date data, which we provide."
Matt Oppenheimer, CEO and Co-Founder of Remitly, said:
“At Remitly, we take pride in being data driven business owners; this approach enables us to continuously improve how we serve customers around the world. We’re pleased to be extending our collaboration with FXC Intelligence, whose FX and cross border payments price benchmarking datasets add depth to our data and insights and support our teams as we continue to scale the business.”
Further information
About FXC Intelligence
FXC Intelligence is the industry leader in cross-border payments data and intelligence.The world's biggest banks, payments and big tech companies use our critical data to make vital decisions that shape their day-to-day operations, product development and strategy.
Our data is also used by a number of international bodies, including the World Bank and the Financial Stability Board, to provide the most important indices in the sector.
We track pricing, market size and product changes as they happen and update our dataset at high frequency, giving our clients the competitive edge they need to stay on top in a rapidly changing market.
Our platform, which is built on top of our data, offers solutions such as a price engine and sales enablement tool to drive our clients’ growth and profit.
Our data gives us a unique understanding of cross-border payments and we share our analysis and insights every week with subscribers to our newsletter, the most widely read in the cross-border payments market globally. Interested and want to find out more? Sign up to our newsletter here.
About Remitly
Remitly is a trusted provider of digital financial services that transcend borders. Remitly helps customers across the globe send money home in a safe, reliable, and transparent manner. Its digitally native, cross-border remittance app eliminates the long wait times, complexities, and fees typical of traditional remittance processes. Building on its strong foundation, Remitly is expanding its suite of products to further its vision and transform lives around the world.
Kezia Johnson
External Communications and Branding Manager
kjohnson@fxcintel.com