Press Releases September 9, 2026 09:00 AM

Remitly partners with Etsy to give sellers more choice in how they get paid globally

Remitly partners with Etsy to expand payment options for international sellers across 15 countries

By Nina Shah
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RELY

Remitly Global, Inc. has partnered with Etsy to become an additional payout provider on Etsy Payments for sellers in 15 countries. This collaboration marks Remitly's expansion into serving small and medium businesses by enabling Etsy's international sellers to receive payments in local currencies through familiar banks and mobile wallets, with flexible currency holding options. This partnership leverages Remitly's global payment network to enhance payment reliability for Etsy's global creative entrepreneurs.

Remitly partners with Etsy to give sellers more choice in how they get paid globally
RELY
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Key Points

  • Remitly joins Etsy Payments as a payout option for international sellers in 15 countries starting this fall.
  • Sellers can hold earnings in USD and convert to local currency at their convenience, with payouts to local banks and mobile wallets.
  • The partnership signifies Remitly’s strategic expansion from individual remittance services into business payment solutions, targeting small and medium enterprises.

SEATTLE, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) today announced that it has partnered with Etsy (NYSE: ETSY) to be an additional payment provider on Etsy Payments, Etsy’s payments platform, in 15 countries. The partnership marks the next step in Remitly’s expansion beyond serving millions of individual customers into powering payments for small and medium businesses worldwide.

Starting this fall, new international sellers opening an Etsy shop in select countries will have the option to choose Remitly as their payout provider during onboarding.

For Etsy's global community of creative entrepreneurs, getting paid reliably and on time is critical. “Etsy Payments enables sellers around the world to access secure and flexible payments solutions,” said Megan Oxman, Senior Director of Product at Etsy. “Adding Remity’s payments platform as an option in Etsy Payments will give many sellers another dependable way to get paid, through the local banks and wallets they already use.”

When receiving their payout with Remitly, Etsy sellers can hold their earnings in USD and convert to their local currencies on their own terms, depositing income straight to their bank accounts or mobile wallets.

“Etsy is Remitly’s first marketplace partner and a model for what's ahead: taking the payment network that millions of receivers already trust and putting it to work for businesses,” said Ankur Tiwari, VP and General Manager of Remitly Business.

About Remitly (NASDAQ: RELY)

Remitly is a trusted provider of financial services that transcend borders. With a global footprint spanning more than 175 countries, Remitly has built one of the world’s leading global money movement platforms, trusted by millions of customers. Remitly continues to evolve beyond a remittance company into a diversified, cross-border financial services provider, serving both consumers and businesses across the globe.

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Risks

  • The adoption rate by international sellers might be slower than expected, impacting the anticipated business growth from this partnership.
  • Currency conversion and cross-border payment complexities could pose operational challenges and affect user experience.
  • Competition from other payment providers on Etsy Payments platform may limit Remitly’s market share expansion.

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