[3] In January 2023, the deal closed and Rewire officially became part of Remitly, an American fintech company traded on Nasdaq.

Initially it served the thousands of Filipinos working in Israel as domestic caregivers for the elderly and expanded its services to additional migrant populations looking to send money to India, Thailand, and China to name a few.

Additional initial investors included BNP Paribas[4] (Opera Tech) and Standard Bank of South Africa.

[2][3] In 2021, the company announced that it had completed a series B funding round of $20 million and also a collaboration with Israel's Bank Hapoalim.

[7] In August 2022, Rewire announced the signing of a concrete agreement to be acquired by American online remittance service company Remitly which is traded on Nasdaq.