Remitly Global Aktie News

SEATTLE, July 21, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that it will report second quarter financial results after the market close on Wednesday, August 6, 2025. Management will host a conference call and live webcast to present the Company's financial results and answer ...

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In 1Q25, RELY generated $361.6 million in revenue, representing a year-on-year growth of 34%. Overall profitability improved with operating and net income margins expanding by 1079 bps and 1097 bps. Despite global economic headwinds, RELY's revenue and customer growth outpace competitors, driven by aggressive diversification and innovative solutions. Due to operational efficiencies, profitabili...

The stock market keeps soaring, but Remitly Global (RELY 1.31%) has failed to join the party. Shares of the mobile remittance platform have tumbled 33% from highs set earlier this year due to perceived risks over reduced immigration to the U.S., potential taxes on remittances, and the rise of stablecoins for international money transfers.

It is hard to find growth stocks to buy at a reasonable price today. Many of the hottest stocks in the market are soaring to undesirable prices that will disappoint shareholders in the next few years.

Shares of Remitly Global (RELY 5.68%) finished higher Tuesday on signs that the "Big, Beautiful Bill" moving through Congress could be less burdensome than initially expected, as one Wall Street analyst pointed out, after Senate revisions to the bill.

The U.S. Senate added exceptions to a tax aimed mostly at immigrants who send money to their families.

Remitly is a global fintech specializing in remittances, boasting strong unit economics and effective marketing campaigns to drive active user growth. In Q1, Remitly grew revenue by a stunning 34% and send volume by 41%, demonstrating an accelerated growth continuation in core KPIs, despite being founded fourteen years ago. The stock appears fairly valued relative to its expected earnings growt...