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Remitly Global, Inc. (RELY)

NASDAQ: RELY · IEX Real-Time Price · USD
31.38 -0.38 (-1.20%)
Oct 27, 2021 12:38 PM EDT - Market open
Market Cap5.07B
Revenue (ttm)353.91M
Net Income (ttm)-20.65M
Shares Out161.42M
EPS (ttm)-0.13
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume176,274
Open31.54
Previous Close31.76
Day's Range31.00 - 32.58
52-Week Range30.56 - 53.65
Betan/a
Analystsn/a
Price Targetn/a
Earnings DateNov 10, 2021

About RELY

Remitly is a leading digital financial services provider for immigrants and their families in over 135 countries around the world. Our core proposition is to bring trust, reliability, and a fair and transparent price to cross-border remittances and broader financial services. On June 30, 2021, over 85% of our customers engaged with us via our mobile app. Our mobile app for cross-border remittances provides an easy-to-use, end-to-end process. From the moment a customer connects their banking information to our app, they can send money home in mi...

IndustrySoftware-Infrastructure
IPO DateSep 23, 2021
CEOMatthew Oppenheimer
Employees1,600
Stock ExchangeNASDAQ
Ticker SymbolRELY
Full Company Profile

Financial Performance

In 2020, Remitly Global's revenue was $256.96 million, an increase of 103.02% compared to the previous year's $126.57 million. Losses were -$32.56 million, -36.64% less than in 2019.

Financial Statements

News

Remitly to Report Third Quarter 2021 Financial Results on Wednesday, November 10th, 2021

SEATTLE, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a leading digital financial services provider for immigrants and their families, today announced that it will ...

5 days ago - GlobeNewsWire

Remitly Pairs with Novi on Digital Wallet

Digital financial services platform Remitly Global Inc. on Tuesday (Oct. 19) announced a collaboration with digital wallet B2B marketplace Novi to support Novi's pilot launch, including cash pickup in G...

1 week ago - PYMNTS

Remitly Announces New Partnership With Novi For The Pilot Of Its Digital Wallet

SEATTLE--(BUSINESS WIRE)--Remitly, the mobile-first provider of remittances and financial services for immigrants, announced a partnership with digital wallet Novi.

1 week ago - Business Wire

A Deep Dive Into IPO Remitly

Remitly, a newly public payments company, is trying to disrupt the cross-border payments market.

3 weeks ago - The Motley Fool

RELY Stock: 9 Things to Know as Remitly Starts Trading Today

Here's what investors may want to know about Remitly, following the rather successful debut of RELY stock on the Nasdaq today. The post RELY Stock: 9 Things to Know as Remitly Starts Trading Today appea...

1 month ago - InvestorPlace

Remitly CEO on Nasdaq debut and company future

Remitly CEO joins 'TechCheck' to explain what the company does, how the growth will continue and where the focus is.

1 month ago - CNBC Television

Remittance processor Remitly valued at over $8 billion after strong market debut

Shares of Remitly Inc opened more than 23% above their initial public offering (IPO) price in their Nasdaq debut on Thursday, giving the remittance processor a market capitalization of roughly $8.5 bill...

1 month ago - Reuters

Remitly Starts Trading on Nasdaq With $43 Share Price at $7B Valuation

Global remittance startup Remitly is set to begin trading on the Nasdaq on Thursday (Sept. 23) under the ticker RELY with a per-share price of $43, above its expected range of $38 to $42, according to m...

1 month ago - PYMNTS

‘Fall in love with a problem': Remitly CEO reflects on startup journey as remittance company goes public

It's been a heck of a startup journey for Remitly.

1 month ago - GeekWire

Remitly Global Raises $301M Via IPO At $43/Share, Trading Begins Today

Mobile-first provider of remittances and financial services for immigrants Remitly Global Inc (NASDAQ: RELY) priced 12.16 million shares at $43 per share in its initial public offering. The company had ...

1 month ago - Benzinga

Remitly prices IPO at $43/share; Seattle fintech giant valued at nearly $7B

Remitly will be valued at nearly $7 billion when it goes public on Thursday.

1 month ago - GeekWire

Remitly Announces Pricing of Initial Public Offering

Remitly Global, Inc. (“Remitly”), the mobile-first provider of remittances and financial services for immigrants, today announced the pricing of its initial public offering...

1 month ago - Business Wire

Remitly Announces Launch of Initial Public Offering

Remitly Global, Inc. (“Remitly”), the mobile-first provider of remittances and financial services for immigrants, announced today that it plans to commence the roadshow for its proposed initial public o...

1 month ago - Business Wire

Money transfer company Remitly files IPO plans with SEC

The company Remitly, which helps immigrants send money home to families, aims to raise up to $100m

1 month ago - Capital.com

Remitly Global IPO Registration Document (S-1)

Remitly Global, Inc. has filed to go public with an IPO on the NASDAQ.

1 month ago - SEC

Money transfer startup Remitly reveals financial results in preparation for upcoming IPO

Seattle-based money remittance company Remitly disclosed key financial results on Monday afternoon in its Form S-1 registration statement…

1 month ago - GeekWire

Remitly Becomes Exclusive Global Money Transfer Partner of Los Angeles Football Club

Remitly, the mobile-first provider of remittances and financial services for immigrants, today announced it will become the exclusive global money transfer partner of the Los Angeles Football Club (LAFC).

2 months ago - Business Wire

EXCLUSIVE U.S. remittance processor Remitly hires advisers for IPO -sources

Remitly Inc has hired investment banks to prepare for an initial public offering (IPO) in New York this year that could value the U.S. remittance payments processor at around $5 billion, people familiar...

5 months ago - Reuters