Added to YB: 2025-11-13
Pitch date: 2025-11-11
RELY [bullish]
Remitly Global, Inc.
+17.48%
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
$12.47
Price Target
37.05 (+153%)
Dividend
N/A
EV/EBITDA
47.75
P/E
161.60
EV/Sales
1.78
Sector
Financial Services
Category
growth
300% Upside on Remittance Juggernaut - Remitly Global, Inc.
RELY: Remitly trades at 4-6x 2027-28 earnings power despite 25% revenue growth, 35% send volume growth. CEO owns $70M+ stock, salary only $290K. Digital remittance market shifting from legacy players like Western Union. 1% cash transfer tax starting 2026 accelerates digital adoption. Expanding into business payments ($22T TAM vs $2T consumer), high-amount senders, stablecoins. Under 3% market share with massive runway.
Read full article (6 min)