
Tearsheet Podcast: Exploring Financial Services Together
Unlocking 5000 global corridors: Remitly's growth story with Matt Oppenheimer
Aug 4, 2024
Matt Oppenheimer, co-founder and CEO of Remitly, shares his remarkable journey of expanding from a single corridor to over 5,000 global pathways for financial services. He emphasizes how building customer trust is key to their growth strategy, showcasing the complexities of market launches and seamless money transfers. Oppenheimer also reflects on his personal leadership evolution, highlighting the importance of feedback in nurturing both product and company culture as Remitly continues to transform lives worldwide.
42:58
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Quick takeaways
- Matt Oppenheimer emphasizes the importance of building customer trust through a focused growth strategy that initially started with one corridor.
- Remitly's use of advanced machine learning for fraud detection has significantly improved transaction efficiency and customer service while expanding into new markets.
Deep dives
Focus on SMBs at the Upcoming Conference
The flagship conference, The Big Bank Theory 2024, will emphasize the importance of small and medium-sized businesses (SMBs) in the economy. It aims to address the unique challenges and opportunities that SMBs face, particularly in banking and payments. Attendees will have the chance to engage in workshops led by executives from prestigious firms like Goldman Sachs and Google. This gathering will facilitate collaboration amongst top professionals in the banking and fintech industries, providing insights into navigating the rapidly changing financial landscape.
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