Remitly
RELY
About: Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
Employees: 2,800
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
398% more call options, than puts
Call options by funds: $63.5M | Put options by funds: $12.8M
43% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 83
4.77% more ownership
Funds ownership: 83.56% [Q1] → 88.33% (+4.77%) [Q2]
2% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 41
0% less funds holding
Funds holding: 278 [Q1] → 277 (-1) [Q2]
3% less capital invested
Capital invested by funds: $3.49B [Q1] → $3.38B (-$107M) [Q2]
17% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 5 (-1) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
|
Wolfe Research
Darrin Peller
|
$25
|
Outperform
Upgraded
|
9 Sep 2025 |
|
Keybanc
Alex Markgraff
|
$28
|
Overweight
Maintained
|
7 Aug 2025 |
Financial journalist opinion
Based on 13 articles about RELY published over the past 30 days
