Matt Oppenheimer, CEO & co-founder at Remitly, talks about finding things that piss you off, willful ignorance, and taking the road less traveled.
For extras, get my weekly email on Seattle startups.
Remitly has rare results.
2M+ customers, 1,000+ employees, $300M+ raised, nearly $1B valuation, just 9 years in.
But the story is better. Go behind the scenes with Matt Oppenheimer on the path from business school to Kenya to Seattle, his learnings building Remitly, and how he's leading during COVID-19.
Matt shares his story on this episode of The Built in Seattle Podcast
- Matt's path on the road less traveled from Business School to Kenya to finding a customer problem.
- "Willful ignorance" and the irrational decision to start.
- Uncommon differentiation - respecting customers more than the competition.
- The "does it pisses you off" test for worthwhile problems.
- Pivoting without ego when people weren't using the product.
- Serving people in ways that doesn't scale during COVID-19.
Matt Oppenheimer Bio
The inspiration behind Remitly came when Matt was working for Barclays in Kenya and saw how difficult it was to send and receive money overseas. Matt was drawn to the global impact his business could have: remittances eclipse foreign aid in improving global wealth equality and give people who receive them upward mobility. He began working on the problem immediately as an Entrepreneur in Residence at Highway 12 Ventures in Idaho and launched the company from Techstars in Seattle. Matt was named EY Entrepreneur of the Year 2016 in the Pacific Northwest and has been recognized as a Puget Sound Business Journal 40 Under 40 honoree for his work with Remitly. He holds an MBA from Harvard Business School and a bachelor’s degree in psychology from Dartmouth College.