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Back to Matt Oppenheimer of Remitly, with Matt Oppenheimer.

How Did Matt Oppenheimer Come Up With the Idea for Remitly

As a young kid, Matt and his family traveled a lot. He had been to nearly 100 countries, where he got to see poverty and inequality, among other things. Fast-forward to his adulthood, while working for HBS in Kenya, Matt saw saw how remittances could elevate people from poverty and enable opportunities. Kenya was already using mobile phones to transform their financial landscape, and it made a lot of sense to make the concept available to the world. As smart phone adoption continued to grow, so did Remitly.

Transcript

Matt Oppenheimer of Remitly ·

What Fuels You

More from this episode

  1. What Was It Like for Remitly CEO Matt Oppenheimer to Grow Up Around Entrepreneurs?He grew up inside a family company and was told not to join it yet.
  2. What Is Boise Idaho LikeGrowing up in Boise, Matt got to see how much privilege some had vs. others.
  3. Do the Best Entrepreneurs Ever Doubt ThemselvesMatt says he doubts himself all the time, not just at the beginning of the business, but on the daily basis. This doubt helps to keep himself in check.
  4. How Big Did Matt Oppenheimer Say Remitly Was?Close to 800 people, in offices in Seattle, London, Nicaragua, and the Philippines.
  5. How Did Matt Get Remitly Working Toward the Same Goals?In case of Remitly, Matt is empowering the employees to drive their growth.
  6. How Can I Pick the Right Startup CofounderFirst, it is important to know what you do not know.

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