RE

Remitly Global IncNASDAQ RELY Stock Report

Last reporting period 30 Sep, 2024

Updated 12 Nov, 2024

Last price

Market cap $B

2.689

Small

Exchange

XNAS - Nasdaq

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.

22/100

Low score

Market cap $B

2.689

Dividend yield

Shares outstanding

173.25 B

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.

View Section: Eyestock Rating