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	Saved 2026-09-09 13:18 2h ago Published 2026-09-09 09:00 7h ago	Remitly bude vyplácet prodejcům Etsy v 15 zemích Remitly uzavřela partnerství s Etsy a stala se dalším poskytovatelem výplat v rámci Etsy Payments v 15 zemích. Noví mezinárodní prodejci si budou moci zvolit Remitly při onboardingu. RELY Remitly Global	FMP Stock News	78
Original source text SEATTLE, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) today announced that it has partnered with Etsy (NYSE: ETSY) to be an additional payment provider on Etsy Payments, Etsy’s payments platform, in 15 countries. The partnership marks the next step in Remitly’s expansion beyond serving millions of individual customers into powering payments for small and medium businesses worldwide. Starting this fall, new international sellers opening an Etsy shop in select countries will have the option to choose Remitly as their payout provider during onboarding. For Etsy's global community of creative entrepreneurs, getting paid reliably and on time is critical. “Etsy Payments enables sellers around the world to access secure and flexible payments solutions,” said Megan Oxman, Senior Director of Product at Etsy. “Adding Remity’s payments platform as an option in Etsy Payments will give many sellers another dependable way to get paid, through the local banks and wallets they already use.” When receiving their payout with Remitly, Etsy sellers can hold their earnings in USD and convert to their local currencies on their own terms, depositing income straight to their bank accounts or mobile wallets. “Etsy is Remitly’s first marketplace partner and a model for what's ahead: taking the payment network that millions of receivers already trust and putting it to work for businesses,” said Ankur Tiwari, VP and General Manager of Remitly Business. About Remitly (NASDAQ: RELY) Remitly is a trusted provider of financial services that transcend borders. With a global footprint spanning more than 175 countries, Remitly has built one of the world’s leading global money movement platforms, trusted by millions of customers. Remitly continues to evolve beyond a remittance company into a diversified, cross-border financial services provider, serving both consumers and businesses across the globe. Media Inquiries: [email protected] Investor Relations: [email protected]
	Saved 2026-08-13 17:10 26d ago Published 2026-08-13 10:15 27d ago	Remitly zvýšil objem převodů o 27 %, EBITDA o 79 % Remitly ve 2. čtvrtletí zvýšil objem převodů o 27 % a EBITDA meziročně vzrostla o 79 %. Zisk před zdaněním stoupl na 64,6 milionu USD při tržbách necelých 500 milionů USD. RELY Remitly Global	FMP Stock News	78
Original source text For nearly all businesses, more scale means wider profit margins and, therefore, profit growth that outpaces revenue growth. Credit the fact that at least some parts of any company's operating costs eventually plateau. And in some cases, even variable costs directly linked to manufacturing a product or providing a service eventually start flattening out. It's a premise that's increasingly important to current and prospective shareholders of Remitly Global (RELY +4.38%). The cross-border payments middleman continues to grow its customer count. But it's growing its total revenue at an even faster pace, resulting in now-explosive growth of its bottom line. Here's what you need to know. Image source: Getty Images. Remitly's tech disrupts an industry that's ripe for disruption Remitly helps consumers and companies send money to and from one country to another. It's obviously not impossible to do it another way. It is, however, surprisingly complicated and expensive. Remitly's app makes it easier and more affordable. That's why the company's customer base grew 20% year over year to 9.6 million in Q1 2026, then grew another 20% in Q2. It's not just adding active customers, though. It's adding bigger customers, as well as more active ones. Although the total amount of money it handled in Q2 only grew 27% following Q1's growth pace of 37%, that's still huge, profit-widening progress for this company that's now at the proverbial tipping point. Following Q1's EBITDA growth of 74%, Q2's EBITDA improved at a faster clip of 79% year over year, when pretax net income improved from nearly nothing to $64.6 million on a little less than $500 million in revenue. RELY Revenue (Quarterly) data by YCharts This is still just the beginning, however. An outlook from Straits Research suggests the worldwide cross-border remittance business is poised to grow at an average annual pace of 15.6% through 2034, with most of that growth materializing in the latter half of this time frame. For Remitly's part of this tailwind, Monness Crespi Hardt's senior equity research analyst, Gus Galá, noted just last month, "We view Remitly as a structural market winner poised to capture 10% to 15%+ of consumer transactions by 2030, driven by a product superiority vs. legacy incumbents and a business model built around digital scale." Following its second-quarter report, the argument that this company offers a superior app that facilitates cost-effective scale isn't in question. This digital scalability means even more for Remitly's bottom line than it does its top line. That's a big reason why the company has now topped analysts' earnings estimates for 10 consecutive quarters. Today's Change ( 4.38 %) $ 1.06 Current Price $ 25.29 Lots of long-term potential for the volatility-tolerant The market finally appears to be catching on. After a forgettable 2025 following a similarly forgettable prior three years, the stock's up more than 60% year-to-date, in step with revenue growth, which is driving even more dramatic profit growth. Yet, there's still a fair amount of near-term upside left to tap. The analyst community's 12-month consensus target of $32.05 is nearly 40% above this stock's present price. Just know that -- given its total growth potential as well as the likelihood that it will remain volatile -- most interested investors will want to treat RELY as a longer-term growth holding meant to be held through its inevitable ups and downs in the meantime.
	Saved 2026-08-12 21:55 27d ago Published 2026-08-12 15:32 28d ago	Ředitel Remitly prodal část akcií, stále drží většinu Ředitel společnosti Remitly Global Nigel W. Morris prodal 8 938 akcií za průměrnou cenu 25,43 USD a stále drží 1 882 056 akcií. Akcie jsou letos výše, ale zůstávají asi 45 % pod post-IPO maximy. RELY Remitly Global	FMP Stock News	72
Original source text Remitly Global, Inc. (RELY +2.63%) Director Nigel W. Morris reported a sale of 8,938 shares of common stock on August 7, according to an SEC Form 4 filing. Transaction summaryMetricValueTransaction value$227,293Shares sold (directly held)8,938Post-transaction shares (directly held)1,882,056Post-transaction value$45.96 millionTransaction value based on SEC Form 4 weighted average sale price ($25.43); post-transaction value based on the August 7 market close ($24.42). Key questionsWhat was the nature of this transaction? Morris executed a direct open-market sale of 8,938 shares at a weighted average price of $25.43 per share. This was a discretionary move that did not involve tax-related withholding or a pre-arranged trading plan, according to the filing.How does this impact the insider's equity position? The sale reduced the director's total direct equity stake by 0.5%. Despite the transaction, the reporting person maintains a substantial position of 1,882,056 shares with a market value of $45.96 million as of the August 7 close.What is the broader ownership context for Remitly Global? The current holding reported by the director is held entirely in a direct capacity, with no indirect holdings or derivative securities disclosed in this specific filing.Where does the stock price sit relative to the transaction? The shares were sold at $25.43, slightly above the market close of $24.42 on the day of the trade. As of the August 10 market close, the stock was priced at $23.14.Company OverviewMetricValueShare Price (as of market close 2026-08-10)$23.14Market Capitalization$4.9 billionRevenue (TTM)$1.8 billionNet Income (TTM)$305.0 millionCompany SnapshotRemitly Global specializes in digital financial services for immigrants and their families, with a primary focus on international money transfers operating across 170 countries, generating revenue through transaction fees and value-added financial services.The company operates a digital-first platform that enables customers to send money internationally with competitive pricing and fast settlement times, monetizing through transaction fees, foreign exchange margins, and complementary financial products.Remitly's primary customers are immigrant workers and their families in developing markets who rely on remittances for household income, with a strategic focus on emerging markets where traditional banking infrastructure remains limited.Remitly Global is a leading digital remittance platform serving the global immigrant population with a market capitalization of $4.9 billion and TTM revenue of $1.8 billion. The company has established a scalable technology infrastructure that enables cross-border payments at lower costs than traditional money transfer operators, positioning itself as a disruptive alternative to legacy remittance channels. With a growing base of digital-native customers, Remitly maintains competitive advantages through its technology platform, operational efficiency, and deep understanding of emerging market customer needs. What this transaction means for investorsMorris trimmed just half a percent of his stake and kept more than 1.8 million shares, which reads closer to a small housekeeping sale than a signal long-term investors should read into. Yes, this was a discretionary open-market trade, not tax withholding or a scheduled exercise, but in light of the transaction size, that simply makes the restraint more telling than the sale. Meanwhile, Remitly has more than earned investor patience lately. It grew second-quarter revenue 20% to $495 million, crossed 10 million active customers for the first time, and lifted adjusted EBITDA 79% to a record $115 million. New CEO Sebastian Gunningham called the quarter "a direct reflection of" the company's strategy and share gains, with the stock roughly doubling off its lows this year. Even after that run, shares sit around 45% below their post-IPO highs, so it could be that Morris is waiting for the stock to finish closing that gap, and that’s ultimately a good indication for long-term investors, along with the firm’s latest earnings. Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
	Saved 2026-08-11 02:35 29d ago Published 2026-08-10 22:05 29d ago	Remitly Global cílí na nové zdroje tržeb Remitly Global rozšiřuje růst mimo remitence: cílí na vyšší převody, malé firmy, příjemce plateb a kartu Remitly Global Card. Nové iniciativy mají letos tvořit asi 5 % tržeb. RELY Remitly Global	FMP Stock News	86
Original source text Old Money, New Tech: Western Union's Crypto RebootRemitly Global NASDAQ: RELY executives said the company is focused on expanding market share in its core remittance business while building new revenue streams around higher-value transfers, small businesses, recipients and its global card offering. Speaking during an investor discussion, Chief Executive Officer Sebastian Gunningham said the company’s core priorities remain consistent: competitive pricing, fast money movement across its network and customer service. He said Remitly is continuing to sharpen prices across roughly 5,000 corridors, add licenses, expand its network and use artificial intelligence to improve customer support and internal operations. Get Remitly Global alerts: 3 Stocks Well Below 52-Week Highs With Strong Growth Projections“There will not be a customer in the next 100 years who wants to pay more money for transferring money across the world,” Gunningham said. “There will not be a customer who will tell you, ‘Please move my money slower.’” Diversification Targets and Global Card Remitly’s primary business has centered on lower-value international transfers, generally in the $200 to $300 range. Gunningham said the company now serves about 10 million customers in that segment, but is pursuing additional customer categories using its existing infrastructure. One opportunity is high-value senders, including people transferring money for personal investments or to themselves internationally. Chief Financial Officer Vikas Mehta said the company has enabled larger transactions through product and partner changes, including multiple transfers of $300,000 and one customer transaction exceeding $1 million during the most recent quarter. Remitly is also targeting small businesses and freelancers that use its network to make cross-border payments. Gunningham said the initial focus is on the smaller end of the small- and medium-sized business market, including freelancers and companies paying workers abroad. The business product requires additional capabilities, such as business verification processes, the ability to pay multiple recipients and integrations with accounting and enterprise resource planning systems, he said. A third growth area is recipients of remittances. Gunningham said that while 10 million senders move approximately $100 billion annually to an estimated 30 million to 40 million recipients, the company historically had not built products for those receivers. Remitly has launched an app in 170 countries and is generating early revenue from receiver-focused offerings, he said. The company has also consolidated several initiatives, including its Remitly Flex send-now, pay-later product, under the Remitly Global Card. Gunningham said the card is intended for customers who live, travel or maintain family relationships across borders. Features include card-to-card transfers, short-term liquidity, loyalty benefits, no foreign transaction fees and the ability to deposit salary. Mehta said Remitly expects its newer growth initiatives to represent approximately 5% of revenue this year and more than 10% of revenue by 2028. These products could also diversify the company’s income sources through membership revenue, interchange and float-related interest income, he said. AI, Organization Changes and Investment Gunningham said AI is affecting Remitly in three areas: costs, customer experience and revenue growth from faster product development. He cited the rollout of the Remitly Global Card in roughly 60 days with a small team as an example of how AI-supported development can accelerate launches. He also said the company has flattened its organizational structure and is pushing teams to become smaller and faster-moving. Gunningham expects AI to contribute to smaller teams and a convergence of traditional roles such as product management, design and software engineering. Mehta said the company had a strong first half of 2026 and is preparing to increase investment during the second half, including marketing spending. He said Remitly plans to continue its “Skip the Line” campaign, which management said was successful in the first half. On transaction losses, Mehta said the company expects the next two quarters to run at around 11 basis points, within its previously stated average range of 9 to 13 basis points. He said Remitly remains cautious because entering new geographies and payment types can create new fraud risks. Core Remittance Market and Regional Trends Gunningham said Remitly’s 5,000-corridor network represents about half of the potential global coverage opportunity. He identified network expansion, customer acquisition, repeat use and price competitiveness as the main growth levers in the core business. Management said Remitly holds roughly 10% to 15% share in certain established markets, including major corridors such as the U.S. to Mexico, U.S. to the Philippines, U.S. to India and the U.K. to India. Gunningham said that share demonstrates the company’s position but also leaves substantial room for expansion. Mehta said Canada experienced macroeconomic headwinds and more constrained immigration policies, though Remitly continues to pursue share gains in that market. He said slower growth in the company’s “rest of world” category was tied to more difficult year-over-year comparisons in African corridors. Gunningham highlighted the United Arab Emirates as a significant market, citing approximately $50 billion in annual remittances, a population that is 90% migrant and a digital share of outbound transfers of about 50%. A new license in the UAE will enable additional products, including the Remitly Global Card, he said. Stablecoins and Capital Allocation Management said Remitly is evaluating stablecoins for treasury settlements, faster movement of funds in certain corridors and consumer products in markets where customers seek to hold U.S. dollar-denominated value. Gunningham said the company has introduced card-related stablecoin offerings in Argentina and Pakistan, though consumer adoption remains small. He said Remitly joined the OpenUSD initiative because it could support trust, adoption and shared economics among payment companies. The company has not yet launched a specific OpenUSD product. On capital allocation, Gunningham said Remitly intends to continue balancing share repurchases with internal investment. He said the company has no current plans for mergers and acquisitions, adding that its organic product roadmap remains extensive. About Remitly Global (NASDAQ:RELY)Remitly Global, Inc operates as a digital financial services company specializing in cross-border money transfers. Through its proprietary online platform and mobile applications, the company enables immigrants, expatriates and international workers to send remittances swiftly and securely to their families abroad. By focusing on fast deliverability and transparent pricing, Remitly seeks to streamline a process traditionally dominated by cash-based methods and legacy money transfer operators. Founded in 2011 by Matt Oppenheimer and headquartered in Seattle, Washington, Remitly has grown from a startup into a publicly traded corporation listed on NASDAQ under the ticker RELY. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Should You Invest $1,000 in Remitly Global Right Now?Before you consider Remitly Global, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Remitly Global wasn't on the list. While Remitly Global currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Click the link to see MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report
	Saved 2026-08-06 04:40 1mo ago Published 2026-08-06 00:04 1mo ago	Remitly Global překonal výhled, tržby vzrostly o 20 % Remitly Global ve 2. čtvrtletí překonal výhled: tržby vzrostly meziročně o 20 % na 495 milionů USD a upravená EBITDA dosáhla rekordu 115 milionů USD. RELY Remitly Global	FMP Stock News	88
Original source text Old Money, New Tech: Western Union's Crypto RebootRemitly Global NASDAQ: RELY reported second-quarter results above its guidance range, with revenue rising 20% year over year to $495 million and adjusted EBITDA reaching a record $115 million, or a 23% margin. Chief Executive Officer Sebastian Gunningham said the company also surpassed 10 million quarterly active users for the first time, supported by record new-customer additions. Quarterly active customers increased 20% from a year earlier to 10.2 million, while send volume rose 27% to $23.5 billion. Send volume per active customer reached a record $2,300, up 6% year over year. Get Remitly Global alerts: 3 Stocks Well Below 52-Week Highs With Strong Growth Projections“Record revenue, record adjusted EBITDA, both above the high end of guidance again,” Gunningham said. He attributed the results to the company’s remittance strategy, network scale and what he described as structural cost discipline. Network expansion and core remittance performance Remitly added five receive countries during the quarter—New Zealand, Niger, Mali, Angola and Botswana—bringing its network to 179 receive geographies. Thirty-two countries are now enabled for both sending and receiving, according to the company. The company said new real-time pay-in rails, including FedNow and real-time payments in the U.S., helped improve funding speeds. Nearly 70% of globally funded transfers were delivered in less than 20 seconds during the quarter, an all-time high, Gunningham said. The company also cited record pay-in acceptance rates and record-low defect rates. In the U.S., revenue grew 24% year over year, while revenue from the rest of the world rose 18%, Chief Financial Officer Vikas Mehta said. Revenue from receive regions outside India, the Philippines and Mexico grew faster than overall company revenue and accounted for more than half of the revenue mix. Mehta said regulatory changes in the U.S. continued to support a shift toward digital remittances, contributing to record customer acquisition. He also said volume over Mother’s Day weekend exceeded the company’s expectations. Growth products gain traction Remitly continued expanding products beyond its core consumer remittance service, which it calls “growth accelerators.” These include high-value senders, Remitly Business, receiver products, and offerings to spend, save and borrow. The company expects these categories to represent about 5% of total revenue in 2026 and more than 10% by 2028. High-value sender volume, defined as transfers of $5,000 or more, increased 37% year over year and gained 70 basis points of mix. The company completed its first $300,000 transfer and had a customer send more than $1 million in a single quarter. Remitly added bank wires as a funding method, with customers using wires sending nearly three times more per transaction, Mehta said. Gunningham said high-value send volume more than doubled in the U.S.-Mexico corridor after the company reduced customer friction, raised send limits and added Wise as a funding option. Mehta noted, however, that high-value volume growth softened in June because of Indian rupee fluctuations and foreign-currency mobilization measures announced by the Reserve Bank of India. He said the company expects those trends affecting Indian corridors to normalize during the year. Remitly Business ended the quarter with more than 25,000 users, with sequential growth in both revenue and volume accelerating from the prior quarter. More than 80% of customers added to the business platform were new to Remitly, and the average business customer sent money 10 times per quarter, Gunningham said. The company expanded its receiver product from six countries to 130 countries. The offering generated revenue for the first time in the second quarter. Management said the product could provide direct access to more than 30 million receivers on its platform, although Gunningham said monetization remains in its early stages. Global Card, stablecoins and AI initiatives Remitly launched the Remitly Global Card last week, offering customers a single account for sending, spending, saving and receiving money. The product includes no-fee everyday spending, direct deposit, global ATM access, multicurrency and USDC capabilities, instant transfers between cardholders, and no foreign transaction fees, according to Gunningham. The company also offers a $9.99 monthly membership plan that includes an open-end line of credit, which customers can use to remit money before payday and repay over time. Mehta said the associated lines of credit are funded by a third-party bank partner and that the newer card plan format has shown response and conversion rates above prior benchmarks. Separately, Remitly launched a global stablecoin wallet with a debit card in Latin America, allowing receivers to receive, hold and spend USDC. The company also joined the OpenUSD stablecoin consortium as a founding member. Gunningham said the stablecoin could potentially reduce pay and settlement times by up to one day. Mehta said stablecoins are already producing early treasury-settlement benefits, though the absolute impact remains modest. Management emphasized artificial intelligence as a contributor to productivity and operating leverage. Technology and development expense increased in the mid-single digits, while declining 175 basis points as a percentage of revenue to 11.2%. General and administrative expense fell 11% year over year to $41 million, its first annual decline as a public company, Mehta said. The company said AI-driven fraud prevention and detection helped keep provisions for transaction losses below expectations. Transaction margin, formerly called revenue less transaction expense, increased 25% to $334 million, with margin improving 235 basis points to 67%. Cash flow, repurchases and outlook Net income was $206 million, including a $140.6 million release of a tax valuation allowance. Free cash flow nearly tripled from a year earlier to more than $130 million, aided by operating leverage, favorable working capital and lower property and equipment spending. Remitly repurchased $21 million of stock, or more than 1.1 million shares, during the quarter. Year to date, it has repurchased nearly 4 million shares. For the third quarter, the company forecast revenue of $505 million to $507 million, representing 20% to 21% growth, and adjusted EBITDA of $92 million to $94 million, implying an 18% to 19% margin. For the full year, Remitly raised its revenue outlook to $1.978 billion to $1.988 billion, or 21% to 22% growth, and projected adjusted EBITDA of $410 million to $415 million, for an approximately 21% margin. Gunningham said the company intends to pursue market-share gains aggressively through sharper pricing, faster money movement and improved service, while continuing to invest selectively in its newer products. About Remitly Global (NASDAQ:RELY)Remitly Global, Inc operates as a digital financial services company specializing in cross-border money transfers. Through its proprietary online platform and mobile applications, the company enables immigrants, expatriates and international workers to send remittances swiftly and securely to their families abroad. By focusing on fast deliverability and transparent pricing, Remitly seeks to streamline a process traditionally dominated by cash-based methods and legacy money transfer operators. Founded in 2011 by Matt Oppenheimer and headquartered in Seattle, Washington, Remitly has grown from a startup into a publicly traded corporation listed on NASDAQ under the ticker RELY. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Should You Invest $1,000 in Remitly Global Right Now?Before you consider Remitly Global, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Remitly Global wasn't on the list. While Remitly Global currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Looking to profit from the electric vehicle mega-trend? Click the link to see our list of which EV stocks show the most long-term potential. Get This Free Report
	Saved 2026-07-30 15:20 1mo ago Published 2026-07-30 09:00 1mo ago	Remitly spouští Global Card pro přeshraniční platby Remitly spustila Global Card pro lidi žijící přes hranice: z jednoho účtu umožní dostávat výplatu, utrácet, spořit i posílat peníze. Karta nabídne i držení a převody peněz v USD nebo USDC, bez poplatků za zahraniční transakce. RELY Remitly Global	FMP Stock News	78
Original source text The Remitly Global Card combines one-of-a-kind features including our best remittance prices, faster and lower-fee sends, no-fee everyday spending, a bank account for everyone, the ability to hold and move money in fiat currency or USDC, instant transfers between Remitly Global Cardholders, no foreign transaction fees, direct deposit, global ATM access, and access to credit through the Remitly Global Card Membership plan, among other valuable new features for its global customers. SEATTLE, July 30, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) today introduced the Remitly Global Card, a card built for people whose lives extend across borders. Cardmembers can get paid, spend, save, and send money home from the same account, wherever they happen to be. This launch gives communities who live across borders frictionless access to borrowing, spending, saving, and sending — all from one card. For more than a decade, millions of customers have trusted Remitly to send money to the people who matter most to them. With the Remitly Global Card, that same trust extends further - to the worker who cannot wait for payday to send money home to their family, the professional living between two countries, the freelancer living in a country with volatile currency swings, and the global nomad without a fixed address. Unlike traditional debit cards built primarily for domestic banking, the Remitly Global Card is designed for customers whose financial lives span multiple countries - one card plan for wherever life or work takes them. "Our top goal for the Remitly Global Card was for it to disappear into people's everyday lives, so sending money home feels as simple as buying a coffee," said Sebastian J. Gunningham, Chief Executive Officer of Remitly. "Whether you're getting paid in Seattle, sending money to family in Asia, or picking up groceries in Latin America, it's the same card and the same balance, no matter which currency or country you're in. No separate app to spend. No separate account to save. It's one card, and it's yours wherever you go. We're excited to bring it to customers today." The Remitly Global Card will launch with the following customer features, as available: Better Rates, Faster Sends. Every transfer sent from an eligible Remitly Global Card automatically unlocks preferred FX rates and faster delivery speeds — no need to shop rates or pick a delivery option, it's already the best one, exclusive to Cardmembers. Cardmembers get default access to the lowest cost, fastest remittance options on Remitly.A No-Fee Card for Everyday Spending. Customers can spend anywhere in the world with no transaction fees, allowing them to keep more of every dollar they earn - whether they're buying groceries, paying bills, or covering everyday purchases.A Bank Account for Everyone. Many of Remitly's customers are underbanked, new to a country, and wary of hidden bank fees. The Remitly Global Card gives them a debit card they can get in minutes without lengthy paperwork or a bank branch visit, opening the door to a financial account many would otherwise struggle to access.A Card and Account Where Money Holds its Value. A large part of the world values the ability to hold their money in digital dollars, where allowed, and the Remitly Global Card is built for that reality. Available today in select locations and expanding globally, it lets eligible customers hold balances in U.S. dollars or USDC instead of a local currency. With funds that can be used directly with the card, customers receive money faster and can choose how and when to convert funds to their local currencies. From a digital wallet, they can tap to pay locally with Apple Pay or Google Pay, shop online, or cover subscriptions billed in U.S. dollars, all from the same card.Instant Money Movement Between Loved Ones. Two customers who each hold an eligible Remitly Global Card, wherever they are in the world, will be able to move money to each other instantly. Whether it's a parent sending an allowance to a child studying abroad or family members splitting a bill across borders, money moves between Remitly Global Cardholders as easily as it would between two accounts at the same bank.No Foreign Transaction Fees. Cardmembers who travel or live across borders can spend with no foreign transaction fees, adding up to real, recurring savings every time they use the card outside their home country.Get Paid to Card. Customers can receive their paycheck by direct deposit straight onto the Remitly Global Card, making it the single account they use to get paid, spend, save, and send.Access to Liquidity. Through the Remitly Global Card Membership plan, eligible customers who need short-term flexibility when timing doesn't line up with a paycheck or an unexpected expense can get access to an open-end line of credit, with no credit history required.Travel eSIM. Remitly Global Card Membership will include a 3GB global travel eSIM, giving cardmembers mobile data the moment they land in a new country — no local SIM card, no roaming fees, no searching for Wi-Fi.Smart Rate. Remitly Global Card Membership will also include Smart Rate, which will protect cardmembers from missing out on a better deal: if the exchange rate improves within 24 hours of a send funded by the Remitly Global Card, Remitly credits the difference back automatically. Initial availability will be in the U.S. and select international markets. Over the coming quarters, Remitly intends to expand the Global Card to the UK, Europe, and 10 additional markets, enabling seamless direct payouts for global workers, broader multi-currency holding capabilities for consumers and businesses worldwide, and additional borrowing products designed to help consumers build credit in their new countries. Remitly Global Card is beginning a phased rollout to eligible, invited customers today, with expanded regional capabilities rolling out globally through the remainder of 2026. To learn more, visit remitly.com/cards. About Remitly: Remitly is a trusted provider of financial services that transcend borders. With a footprint spanning more than 175 countries, Remitly has built one of the world’s leading global money movement platforms, trusted by millions of customers. Remitly continues to evolve beyond a remittance company into a diversified, cross-border financial services provider, serving both consumers and businesses across a growing set of use cases. Contacts Media Inquiries: [email protected] Investor Relations: [email protected] Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/033a8569-fbdc-4ec6-829b-742975baf831 https://www.globenewswire.com/NewsRoom/AttachmentNg/73c8a99f-da69-4b55-9039-f0af9955f2af
	Saved 2026-07-10 22:15 1mo ago Published 2026-07-10 15:40 1mo ago	Remitly Global roste díky podílu na trhu a ziskovosti Remitly Global vzrostla v první polovině roku 2026 o 62,4 % díky růstu podílu na trhu a první ziskovosti. V 1. čtvrtletí vzrostl objem převodů o 37 % na 22,1 miliardy USD a tržby o 25 % na 453 milionů USD. RELY Remitly Global	FMP Stock News	78
Original source text Shares of Remitly Global (RELY +0.89%) were soaring 62.4% in the first half of 2026, according to data from S&P Global Market Intelligence. The remittance disruptor is taking market share and finally showing some profitability, which is getting investors bullish on the stock. After years of worries about disruption from novel technologies like stablecoins, Remitly is finally showing its might to investors. Here's why the stock was soaring in 2026, and whether it is still a buy for your portfolio today. Today's Change ( 0.89 %) $ 0.21 Current Price $ 23.77 Fast growth and hints of profitability Remitly has delivered consistent gains for investors in 2026 due to its market share gains in remittances, or international money transfers. In the first quarter, send volume was up 37% to $22.1 billion, revenue was up 25% to $453 million, and, importantly, net income was a positive $49.1 million, up 332% year-over-year. There is a massive opportunity for Remitly to deliver an easy-to-use money transfer service to tens of millions of customers around the globe, which is allowing it to steal share from existing players while also expanding the total addressable market. Management is now expanding into new sectors, including card spending, mobile wallets, and business transfers. At the same time, it is expanding profit margins. These dual engines of growth and profitability are why investors are now more bullish on Remitly than they've been in a long while. Image source: Getty Images. Should you buy Remitly stock? Even after this jump, Remitly's stock is still down 51% from its highs set at the time of its 2021 IPO. With monster revenue growth over the past few years, its price-to-sales ratio (P/S) is still below 3. With strong profit margins and further room to grow, this P/S ratio still feels cheap for anyone looking to add to their Remitly position today. For example, in 2026, Remitly expects revenue to grow by 20% to just under $2 billion. If double-digit growth continues, it will soon reach $3 billion. With EBIT (earnings before interest and taxes) margin climbing, we could see a 20% bottom-line profit margin a few years down the line, especially once Remitly stops its large marketing investments. A 20% profit margin on $3 billion in revenue is $600 million in earnings, which is still a cheap earnings multiple compared to Remitly's market cap of $5 billion. It is not as cheap as it was at the beginning of this year, but Remitly Global still looks like a solid buy for investors today.
	Saved 2026-07-09 22:16 1mo ago Published 2026-07-09 16:12 1mo ago	Remitly získala licenci SVF v SAE Remitly získala od centrální banky SAE licenci SVF s Exchange Business Category IV, což jí umožní rozšířit nabídku nových produktů pro zákazníky v SAE. RELY Remitly Global	FMP Stock News	86
Original source text ABU DHABI, July 09, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) is among the first international remittance companies to secure a Stored Value Facilities (SVF) license with Exchange Business Category IV from the Central Bank of the UAE, a major milestone in one of the world's largest remittance markets. This authorization further extends Remitly’s regulated global footprint and our service to customers across more than 175 countries, strengthening our position for long term growth in the region. The license follows a rigorous review process with the CBUAE and reflects the formal recognition of Remitly's commitment to the UAE and its customers. With the license secured, Remitly will be able to bring new products, purpose-built to serve UAE customers. The UAE moves an estimated $50 billion across borders every year. Currently people in the UAE can transfer money via Remitly across more than 175 countries, with upfront fees and exchange rates, high transfer limits, and the speed and reliability that has earned the trust of 9.6 million quarterly users worldwide, who moved over $80 billion in send volume over the last twelve months. With CBUAE authorization in place, Remitly can now build and introduce new products designed to strengthen customers' financial lives across countries. "The UAE is one of the most important remittance regions in the world, and receiving our CBUAE license is a defining moment for Remitly”, said Davis Dominic Parakal, UAE CEO at Remitly. “We are grateful for the rigorous engagement with CBUAE throughout this process and are proud to operate to the high bar it has set for the industry. We are here to build something valuable for the diverse communities across the UAE." This authorization arrives as the UAE accelerates its position as a global fintech leader. The CBUAE's dedicated digital remittance license category is designed specifically for globally minded operators committed to investing in the region for the long term. Remitly's presence here directly supports the UAE's 'We the UAE 2031' vision, which places fintech and digital financial services at the heart of the country's ambition to double the contribution of its digital economy to GDP. The UAE license is the latest chapter in Remitly's global drive to expand access to fast, fair, and transparent financial services for the millions of people worldwide who have historically been underserved. About Remitly: Remitly is a trusted provider of financial services that transcend borders. With a footprint spanning more than 175 countries, Remitly has built one of the world’s leading global money movement platforms, trusted by millions of customers. Remitly continues to evolve beyond a remittance company into a diversified, cross-border financial services provider, serving both consumers and businesses across a growing set of use cases. Contacts Media Inquiries: [email protected] Investor Relations: [email protected]