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Added to YB: 2025-09-19

Pitch date: 2025-09-17

RELY [bullish]

Remitly Global, Inc.

-16.33%

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

$17.51

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:
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)