Remitly Global announced the appointment of Sebastian J. Gunningham as Chief Executive Officer and member of the Board of Directors, effective February 19, 2026. He succeeds Co-Founder Matt Oppenheimer, who is transitioning from the CEO role after nearly 15 years leading the company’s growth and will continue to serve as Chairman of the Board.
The company said Gunningham brings decades of global leadership and product innovation experience across financial services, technology and high-growth digital businesses. He previously spent more than a decade at Amazon as a Senior Vice President and member of the executive S-Team, where he led global marketplace, payments, search and fulfillment businesses. Most recently, he served as Chairman of Santander Consumer Finance and Vice Chairman of Openbank, following prior leadership roles as CEO of Material Bank and Vice Chair and Co-CEO of WeWork. Earlier in his career, he held senior executive roles at Oracle and Apple.
With Gunningham’s appointment, Remitly’s Board will comprise ten directors, seven of whom are independent.
In conjunction with the leadership announcement, Remitly also released its fourth quarter and full-year 2025 earnings results, reporting performance above the high ends of its revenue and Adjusted EBITDA guidance ranges, and provided guidance for the first quarter and full-year 2026.
Remitly operates a global money movement platform spanning more than 175 countries and serves millions of customers across digital and physical channels, positioning itself as a diversified cross-border financial services provider for consumers and businesses.
KEY QUOTES:
“It has been the privilege of a lifetime to work alongside the outstanding team that built Remitly into the company it is today. Over nearly 15 years, we have transformed the way people move money across borders, helping millions of customers send and receive billions of dollars across more than 175 countries, and improving lives in the process. As we look ahead, Remitly is still early in addressing a large and growing global opportunity, and I am confident the Company is well positioned to deliver sustained, long-term growth and value creation. Sebastian is the right leader to guide Remitly through its next chapter. He brings deep expertise in technology and financial services, along with a proven track record of leading innovative, high-growth businesses at scale within complex multinational environments. I am excited to welcome Sebastian to Remitly and look forward to supporting him and the entire team as they execute on the growth strategy and medium-term financial targets shared at Investor Day.”
Matt Oppenheimer, Co-Founder and Chairman of the Board, Remitly
“It has been a privilege to watch Matt guide Remitly from a start-up to a leading provider of cross-border financial services. We will miss his executive leadership and have found in Sebastian the right leader for the next growth phase of this remarkable company Matt and the team have built. On behalf of the entire Board, we sincerely thank Matt both for 15 years of dedication and tireless leadership and for the foresight to initiate and lead this transition. We welcome Sebastian to our Board and as our new CEO.”
Phillip Riese, Lead Independent Director, Remitly
“I’m grateful for the opportunity to step into the role of Remitly’s next CEO. I’ve long admired Remitly’s mission and the real difference it makes in people’s lives. Working alongside this world-class team, I look forward to building on our momentum, delivering even greater value to our customers, and driving the significant growth opportunities that are before us. I also want to thank Matt for his outstanding leadership, amazing welcome, and for laying such a strong foundation for Remitly’s future.”
Sebastian J. Gunningham, Chief Executive Officer, Remitly
