Remitly Global Inc. (NASDAQ: RELY) announced the launch of two new features for its business customers in the United States and expanded its business service to general availability in Canada.

The company introduced Bulk Payments and Send by Link features for small and medium-sized business customers in the US. Bulk Payments allows businesses to pay multiple international recipients in a single workflow, while Send by Link enables senders to initiate payments using only the recipient's email and phone number, with recipients providing banking details through a secure link.

"A small business owner shouldn't lose half a day to a single overseas pay run — or deal with transfer delays because of a typo in a recipient's name," said Pankaj Sharma, Chief Business Officer of Remitly.

Remitly Business reached general availability in Canada, joining the US and UK as the service's third market. The company reported that send volume for the business platform grew more than 30% quarter-over-quarter in Q1 2026, with more than 20,000 businesses using the product.

The expansion to Canada builds on Remitly's existing presence in the market, where the company opened an office in the Vancouver area in 2024 and received registration approval under Canada's Retail Payment Activities Act. The company added support for Interac e-Transfers, major Canadian bank accounts, and debit and credit cards.

"Canadians have trusted Remitly to move money across borders for more than a decade," said Jung Lee, General Manager of Canada at Remitly. "Bringing that same speed and reliability to Canadian business owners was overdue."

Send by Link is generally available to US customers, while Bulk Payments is rolling out to select US customers with general availability to follow. The information is based on a company press release.