Remitly was once deeply unprofitable, but its profits are now soaring. Its user growth, AI upgrades, and expanding ecosystem are boosting its margins.
Remitly's business is booming as more people initiate cross-border money transfers. Its stock still looks reasonably valued, but it could face existential challenges soon.
It won't happen this year, but these stocks could go up 10-fold during the next 10 years.

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03:25am, Monday, 25'th May 2026
These are businesses you'll want to buy and never sell in your retirement portfolio.
The mean of analysts' price targets for Remitly Global (RELY) points to a 28.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among a
Remitly Global, Inc. (RELY) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
Mobile payments are transforming checkout worldwide, and companies like INTU, RELY, WEX and PAY are positioning to ride the next wave of digital commerce growth.
Cross-border payments app Remitly Business is now generally available to small and medium-sized businesses in Canada.
SEATTLE, May 12, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of financial services that transcend borders, today announced that its management team
SEATTLE, May 12, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) today announced two new features for small and medium sized business customers in the US: Bulk Payments and Send by Link.
Remitly Global is rated 'buy' due to rapid business customer growth and strong adoption of Remitly Business, targeting high-value SMB senders. RELY posted Q1 '26 revenue of $453M (25% YoY growth), bea
NEW YORK, May 7, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the opening of trading on Thursday, May 14: Bright Horizons Famil
Watch more: Need to Know With Remitly's Sebastian Gunningham Sending money across borders should be simple by now. We live in a world where you can order groceries from your couch and open a bank acco
Remitly Global, Inc. (RELY) Q1 2026 Earnings Call Transcript
Remitly Global, Inc. (RELY) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.05 per share a year ago.
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