Added to YB: 2025-10-30
Pitch date: 2025-10-28
RELY [bullish]
Remitly Global, Inc.
+30.97%
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., 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
$16.47
Price Target
N/A
Dividend
N/A
EV/EBITDA
44.75
P/E
73.52
EV/Sales
2.72
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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