Remitly vs Venmo

Remitly

9.1 #3 in Money Transfer Apps

About Remitly

Venmo

8.3 #9 in Money Transfer Apps

About Venmo
RemitlyVenmo
Free planYesYes
Free trialNoNo
Paid fromFreeFree
Open sourceNoNo
PlatformsAndroid, iOSAndroid, iOS, Web
Paid fromFree—
Recipient methodsBank account, mobile wallet, cash pickup, mobile money, home delivery, and debit card deposit—
Transfer speedinstantinstant
Exchange-rate modelvariablemarkup
Mobile platformsbothboth
Upfront fee displayYesYes
Transfer trackingYesYes
Free plan—Yes
Scheduled transfers—Yes

Both are listed in Best Money Transfer Apps, Best Peer-to-Peer Payment Apps. On Everything Xiaomi, Remitly scores higher on our published basis.