Remitly Global Aktie News

Divested 5,036,343 shares of Remitly Global, resulting in a position value decrease of approximately $94.68 million The transaction represented a 3.94% change relative to the fund's reportable assets under management (AUM) Post-trade, the fund holds 61,463 shares valued at $1.00 million The position now accounts for 0.04% of AUM, which places it outside the fund's top five holdings

Remitly topped revenue estimates in its third-quarter report. Its take rate is falling as it expands to new markets.

We believe Remitly Global (RELY) stock is worthy of consideration: It is growing, generating cash, and offered at a considerable valuation discount. Companies with such profiles can utilize cash to drive further revenue growth, or simply return it to shareholders via dividends or buybacks.

Fintech stocks have plunged on concerns about rising credit risk. Remitly has little exposure to credit, but the stock fell sharply on its recent earnings report.

Remitly's stock is down even though the business is growing rather quickly. The company is facing concerns over an immigration crackdown, but these issues are not showing up in the numbers.

Remitly beat top-line estimates in the third quarter. The company's take rate shrunk.

Remitly Global, Inc. ( RELY ) Q3 2025 Earnings Call November 5, 2025 5:00 PM EST Company Participants Matthew Oppenheimer - Co-Founder, CEO, President & Director Vikas Mehta - Chief Financial Officer Conference Call Participants Tien-Tsin Huang - JPMorgan Chase & Co, Research Division Gustavo Gala - Monness, Crespi, Hardt & Co., Inc., Research Division Cristopher Kennedy - William Blair & Compa...

SEATTLE, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of digital financial services that transcend borders, today announced that it will host its first Investor Day since IPO on Tuesday, December 9, 2025 beginning at 10:00 am ET / 7:00 am PT in New York City, NY.