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Remitly seeks to gain 40% share of PHL remittance market by 2022 

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UNITED STATES-BASED Remitly said on Wednesday it is targeting to increase its share of the Philippine remittance market from 16 percent to 40 percent by 2022 as it aggressively expands its money- transfer operations worldwide. “The market [here] is growing [by] about 8 percent a year,” Remitly VP for Global Business Development Gene Nigro told reporters in a […]

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