Remitly Global Watchlist

tz-plus logo Remitly Global – Financial Services Provider for Migrants Surpasses 10 Million Customers for the First Time

A. Zehetner
Reading Time: 3 minutes

Record Quarter: Remitly increases revenue by 20% and surpasses the 10 million active customer mark for the first time. New Growth Areas: With Global Card, stablecoins, and other financial products, Remitly is evolving beyond traditional remittance services. Profitability Increases: Adjusted EBITDA grows significantly faster than revenue, up 79%.   Remitly Global (RELY) is a U.S.-based financial service provider specializing in digital, cross-border money transfers. The company's target audience primarily consists of migrants and...

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