Added to YB: 2025-08-27
Pitch date: 2025-08-25
RELY [bullish]
Remitly Global, Inc.
-21.62%
current return
Author Info
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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
$18.69
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:
Remitly: Winning the First Send, Owning the Rest
RELY: Digital remittance leader growing 34% revenue with 85-90% retention, 5x LTV/CAC, targeting 25%+ FCF margins. Trading <8x '27e unlevered FCF despite taking share from cash agents. Stablecoin/regulatory risks overblown - consumer wallet adoption decades away, Trump policies favor digital over cash transfers.
Read full article (15 min)