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Boise-born entrepreneur lands $115 million investment to expand international business

November 1, 2017 /

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Dorsey & Whitney - An International business law firm, applying a business perspective to clients' needs in Missoula, Montana and beyond.

Startup founder Matt Oppenheimer, a Boise native and the son of Boise businessman Arthur F. "Skip" Oppenheimer, just landed an investment to expand his worldwide payment-remittance service.

His Seattle company, Remitly, raised $115 million in a funding round led by PayU, a company controlled by Naspers, a South Africa company that invests in technology. PayU is a digital payment provider serving merchants and their customers.

BY AUDREY DUTTON
[email protected]

http://www.idahostatesman.com/news/business/business-insider/article95758697.html

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