REMITLY GLOBAL INC (RELY)
Financials · Cross-border payments and remittances · NASDAQ
Remitly is a trusted global money movement platform connecting 9.3 million users to send and receive cross-border payments with speed and simplicity across 175+ countries.
What REMITLY GLOBAL INC does
Remitly is a global money movement and cross-border financial services platform founded in 2011, serving more than 9.3 million quarterly active users across 175+ countries. The company generates revenue primarily through transaction fees and foreign exchange spreads on digital money transfers, with send volume reaching $74.9 billion in 2025. Beyond remittance services, Remitly is diversifying into new products and customer categories including high-amount senders, businesses, and receivers.
Themes: ["Global money movement / remittances","Cross-border payments","Digital financial services","Mobile payments","Financial inclusion","AI and machine learning in fintech"]
Fundamentals
- Price$23.56 as of 2026-07-09 close
- Market cap$5.0B as of 2026-07-10
- 1-year return+27.6% as of 2026-07-09 close
- P/E46.96 as of 2026-07-10
- Net margin+6.1% as of 2026-07-10
- Gross margin+66.8% as of 2026-07-10
- ROE+12.7% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+27.3% as of 2026-07-10
- Revenue CAGR (3y)+35.8% SEC XBRL
- Beta0.36 as of 2026-07-10
Key risks (from latest filing)
["Regulatory changes related to money transmission licenses, immigration policy, foreign trade, foreign investment, and fiscal/tax policy across 175+ countries","Geopolitical and macroeconomic risks including currency fluctuations, inflation, regional and global conflicts, government sanctions, and ability to maintain international operations","Cybersecurity and platform availability risks; ability to maintain security and availability of solutions to protect customer data and funds"]
Competitors & peers
- Wise
- Western Union
- MoneyGram
- Stripe
- PayPal
- TransferWise (acquired by Wise)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.