Remitly Global Watchlist

tz-plus logo Remitly Global is building a modern financial platform for globally connected individuals – Wolfe Research raises target to $25!

A. Zehetner
Reading Time: 2 minutes

The fintech company Remitly Global (RELY) aims to develop into a modern financial platform for globally connected individuals with its first product keynote event "Remitly Reimagine" scheduled for September 9. Online money transfers are already enabled in over 170 countries, especially for immigrants sending remittances back home. Transfers via WhatsApp to currently 11 countries are also possible. $65 billion were sent through the network in the last 12 months, with the number of customers increasing by 24% last quarter, reaching 8.5 million. ...

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