Added to YB: 2025-10-30
Pitch date: 2025-10-28
RELY [bullish]
Remitly Global, Inc.
-11.96%
current return
Author Info
The Reservist is building a long-duration high growth portfolio of companies, looking to outperform the QQQ for the next 7 years. In depth stock analysis and portfolio management thoughts. Sign up for the newsletter.
Company Info
Remitly Global, Inc. engages in the provision of digital financial services in the United States, Canada, and internationally.
Market Cap
$3.1B
Pitch Price
$16.47
Price Target
N/A
Dividend
N/A
EV/EBITDA
45.64
P/E
155.44
EV/Sales
1.70
Sector
Financial Services
Category
growth
Remitly: Long overdue invest and investigates
RELY: Digital remittance leader w/ 8M+ active users at profitability inflection point. Revenue growing faster than COGS, expanding gross margins. Could generate hundreds of millions FCF within years at $3.5B valuation. Risks: TAM size, competition from PayPal/crypto/bundlers, regulation/immigration trends. 2% position, adding pending research.
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