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Added to YB: 2025-09-19

Pitch date: 2025-09-17

RELY [bullish]

Remitly Global, Inc.

+23.19%

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

$17.51

Price Target

N/A

Dividend

N/A

EV/EBITDA

44.75

P/E

73.52

EV/Sales

2.72

Sector

Financial Services

Category

growth

Show full summary:
How Remitly Buys $6 for $1

RELY: Fintech turning $1 marketing into $6 gross profit over 5yrs w/ 6x LTV/CAC ratio. Spends $300M annually vs WU's 7x volume, grabbing 3% of $43B+ transfer market. 93% revenue retention, 90%+ repeat customers. Hidden $250M earnings power if growth spending stopped = 11.8x multiple on $2.95B market cap. 30%+ growth, dominant position.

Read full article (5 min)