Added to YB: 2025-08-18
Pitch date: 2025-08-15
RELY [neutral]
Remitly Global, Inc.
+9.88%
current return
Author Info
No bio for this author
Company Info
Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally.
Market Cap
$4.8B
Pitch Price
$19.63
Price Target
N/A
Dividend
N/A
EV/EBITDA
44.75
P/E
73.52
EV/Sales
2.72
Sector
Financial Services
Category
growth
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.
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