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Added to YB: 2025-08-18

Pitch date: 2025-08-15

RELY [neutral]

Remitly Global, Inc.

-25.37%

current return

Author Info

No bio for this author

Company Info

Remitly Global, Inc. engages in the provision of digital financial services in the United States, Canada, and internationally.

Market Cap

$3.2B

Pitch Price

$19.63

Price Target

N/A

Dividend

N/A

EV/EBITDA

47.75

P/E

161.60

EV/Sales

1.78

Sector

Financial Services

Category

growth

Show full summary:
Unconventional Value | Mid Year 2025 Letter - Remitly Global, Inc.

RELY (holding update): Remitly disrupting remittance industry with strong execution despite market pessimism. Payments industry specialist sees company positioned on right side of secular transition. Recent market negativity created buying opportunity as fundamentals remain solid. Long-term focused investment with 5-10 year horizon.

Read full article (2 min)