Shares of Remitly Inc opened more than 23% above their initial public offering (IPO) price in their Nasdaq debut on Thursday, giving the remittance processor a market capitalization of roughly $8.5 bi
In a vote of confidence for more modern remittance technology, shares of Remitly Global Inc. popped more than 20% in their initial-public-offering debut Thursday.
It's been a heck of a startup journey for Remitly.
Mobile-first provider of remittances and financial services for immigrants Remitly Global Inc (NASDAQ: RELY) priced 12.16 million shares at $43 per share in its initial public offering. The company
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