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Corporation
MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Payments
remitly.com

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Founded Year

2011

Stage

IPO | IPO

Total Raised

$520.27M

Date of IPO

9/23/2021

Revenue

$0000 

About Remitly

Remitly (NASDAQ: RELY) is an independent digital remittance company that facilitates transfers through its global money transfer network across Africa, Asia, Central Europe, Central and South America. Its mobile app eliminates the need for the forms, codes, agents, extra time and fees typical of the traditional, century-old money transfer process.

Remitly Headquarter Location

1111 3rd Ave Suite 2100

Seattle, Washington, 98101,

United States

888-736-4859

Latest Remitly News

RELY Stock: $57 Price Target From JPMorgan

Oct 18, 2021

The shares of Remitly Global Inc (NASDAQ: RELY) have received a $57 price target from JPMorgan. These are the details. The shares of Remitly Global Inc (NASDAQ: RELY) have received a $57 price target from JPMorgan. And JPMorgan analyst Tien-tsin Huang initiated coverage of Remitly Global with an “Overweight” rating. Huang said that he likes Remitly as a mission-led growth company as it brings “modern digital solutions to the antiquated global remittance market.” And with less than 3% share of its serviceable addressable market for cross-border remittances to low-and-middle-income countries, Remitly is considered a “durable share gainer in a fragmented market dominated by legacy providers.” Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

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Expert Collections containing Remitly

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Remitly is included in 5 Expert Collections, including Banking.

B

Banking

709 items

P

Payments

1,618 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

D

Deloitte 2019 Technology Fast500 - North America

501 items

T

Tech IPO Pipeline 2020

282 items

Track and capture company information and workflow.

F

Fintech

26,163 items

US-based companies

Remitly Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Remitly Rank

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