Remitly Global Increases Secured Revolving Credit Facility to $1 Billion From $550 Million

By Public Technologies
  • Remitly Global increased its secured revolving credit facility to $1 billion from $550 million on October 26, 2026.
  • The amendment doubled the letter of credit sub-facility to $400 million from $200 million.
  • JPMorgan Chase Bank serves as issuing bank, administrative agent and collateral agent.
  • Facility proceeds are intended primarily to prefund customer flows in the global remittance business, with additional use for general corporate purposes.


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