EU Sovereignty Score
Non-EU vendorFintech & NeobanksHeadquarters: US

Remitly: sovereignty score and 8 European alternatives

Remitly is a provider of international money transfers through an app and website. Individuals send money from the United States and other countries to bank accounts, mobile wallets or cash-pickup points in more than a hundred countries; there is also a business variant, Remitly Business, for paying teams, suppliers and freelancers across borders, and a Remitly Card. The service is a licensed payments company delivered as an app and web service.

Remitly, Inc. has its registered address in Seattle, Washington, and is subject to US jurisdiction, including the CLOUD Act. For residents of the EEA the controller is Remitly Europe Ltd in Ireland; for UK customers it is Remitly U.K. Ltd. Personal data may be shared within the group and with third parties outside the customer's country. Remitly states that it is certified under the EU-US Data Privacy Framework and also names adequacy decisions and standard contractual clauses for transfers. The privacy notice does not say exactly where data is stored; European users should expect processing in the US.

Sovereignty score
17 / 1000 = high exposure
100 = sovereign
  • Jurisdiction SOV-210
    Headquartered in the US: CLOUD Act and FISA 702
  • Data residency SOV-30
    No hosting in Europe (US)
  • Cryptographic key sovereignty SOV-320
    Key management with a non-European vendor
  • Freedom from lock-in SOV-640
    Closed source: switching requires data migration
  • Source & runtime sovereignty SOV-4 · SOV-615
    Closed source, runtime with the vendor

SOV codes: the matching objective in the European Commission's Cloud Sovereignty Framework. Official source

How the score is calculated

Facts and evidence

Last checked October 11, 2026
Headquarters
US (US)Verified by hand
EU adequacy decision
Only for companies individually certified under the EU-US Data Privacy FrameworkVerified by hand
Sovereignty model
Vendor-hosted (non-EU)Verified by hand
Data hosting
USVerified by hand
Open-source
NoVerified by hand
GDPR-compliant
YesVendor-stated
Category
Type
Product
Website

How we verify · Something wrong? Suggest a correction

Top EU-based & GDPR-compliant alternatives to Remitly

The European alternatives to Remitly come from our knowledge base of over 6,800 vendors. We only list vendors headquartered in the EU or the EEA; fully European-owned vendors rank before vendors with a foreign owner. For each alternative you see the country, the open-source status and a short description.

Score per alternative: 0 = high exposure, 100 = sovereign

116 European Fintech & Neobanks vendors are in the catalogue. View the whole category · Submit an alternative · View category on the map

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Why digital sovereignty matters with Remitly

Remitly is headquartered in the United States. US vendors fall under the CLOUD Act and FISA 702: US authorities can compel access to data, even when that data sits in a European data centre. That is the core of the jurisdictional exposure in our model.

Remitly hosts data outside the EU (US). Personal data therefore leaves the EU, which requires a transfer mechanism under the GDPR and pulls the data residency score down.

Remitly is closed source and hosted by the vendor. The encryption keys and the runtime sit with the vendor and switching requires data migration. Ask about bring-your-own-key, export options and open standards.

What this means for your organisation depends on your whole stack and context. The free assessment weighs Remitly together with your other vendors and gives a total score, a heatmap and the main risk drivers.

Frequently asked questions

What is the best European alternative to Remitly?

It depends on your use case. Strong EU alternatives to Remitly include 1822direkt, ActivoBank and Air Bank. On this page you can compare 8 EU alternatives by jurisdiction, data residency and open-source status.

Are there open-source alternatives to Remitly?

Our list of EU alternatives to Remitly is mostly commercial options. Browse the category on the map for open-source choices.

Is Remitly GDPR-compliant and where is the data hosted?

Remitly is headquartered in US and hosts data in US. The vendor states it is GDPR-compliant, but the data falls under non-EU jurisdiction. For full EU data residency the EU alternatives on this page usually offer more certainty.

Details and sources

Verified by handHeadquarters, owner, hosting locations and licence have been checked by us against public sources. Free of charge and for every vendor, not a paid label. Nothing in this knowledge base is taken over automatically. Last checked on October 11, 2026.

Sources

Public sources used in the latest check of this record.

Compliance evidence

The links below point to the vendor's own public documents. We only record what we found: a missing link means "not found publicly", not "not compliant".

No public compliance evidence has been recorded for this vendor yet. Do you know its DPA or subprocessor list? Something wrong? Suggest a correction

Digital sovereignty in Fintech & Neobanks

Fintech & Neobanks: Digital banks, neobanks, money transfers and fintech services. In this category the choice of vendor determines who has legal access to your data, where that data lives and how easily you can switch later.

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8 European alternatives to Remitly — GDPR-compliant & EU-hosted · EU Sovereignty Score