Remitly CEO Matt Oppenheimer. (Remitly Photo)

BRIEF: Remitly’s $11 million investment round has officially been approved. The cash infusion, which we previously reported on last month, was subject to regulatory approval given its size and the nature of the company, which operates a mobile remittance platform in countries. The Series D round, led by Naspers — a global investment company with equity stakes in giants like Tencent and Flipkart — will help the Seattle expand internationally and add to its 400-person employee base across four offices worldwide. Read more here.

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