RELY Stock Analysis
RE
Uncovered
Remitly Global Inc is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Remitly Global, Inc. engages in the provision of digital financial services for immigrants and their families. The company is headquartered in Seattle, Washington and currently employs 2,700 full-time employees. The company went IPO on 2021-09-23. The firm helps customers send money internationally by leveraging digital channels and supporting cross-border transmissions across the globe. Its technology platform is purpose-built to enable its mobile-centric suite of products, connect its global network, localize its marketing, products and experiences, and drive its data-driven approach. The company provides a digital cross-border remittance product that is accessible via its mobile application or the Web. The company serves business customers through Remitly for Developers, its remittance-as-a-service offering that leverages its custom-built global network and compliance and regulatory infrastructure. The company has launched Passbook, a digital banking service available through a mobile application and designed for immigrants. Passbook promotes financial access by giving its customers a way to store, spend, and send money.