Remitly is an American online remittance service based in Seattle, United States that offers international money transfers to over 170 countries. It was founded in 2011 by Matthew Oppenheimer, Josh Hug, and Shivaas Gulati and became publicly traded on the Nasdaq exchange in September 2021.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| RELY | Remitly Global, Inc. | 2026-03-03 18:49:15 | 17.57 | -0.01 | -0.06 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RELY | 0001782170 | Remitly Global, Inc. | US75960P1049 | — | 832301143 | Nasdaq | 7389 | Services-Business Services, NEC | 1231 | DE | REMITLY GLOBAL, INC. | SEATTLE | WA | 98101 | UNITED STATES | US | 206-535-6152 | REMITLY GLOBAL, INC., SEATTLE, WA, 98101 | REMITLY GLOBAL, INC., SEATTLE, WA, 98101 | — | Financial services | 2011 | — | 2,700 | https://www.remitly.com/ | 3,200,000,000 | 210,625,519 | 210,654,386 | Remitly is an American online remittance service based in Seattle, United States that offers international money transfers to over 170 countries. It was founded in 2011 by Matthew Oppenheimer, Josh Hug, and Shivaas Gulati and became publicly traded on the Nasdaq exchange in September 2021. | 2026-02-26 17:00:13 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 3,200,000,000 | 1,428,800,000 | 80.6685 | 210,654,386 | 10,047,006 | 5.0083 |
| 2024 | 1,771,200,000 | -720,500,000 | -28.916 | 200,607,380 | 12,102,207 | 6.4201 |
| 2023 | 2,491,700,000 | 1,585,000,000 | 174.8097 | 188,505,173 | 14,315,414 | 8.2183 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Hemanth Munipalli | Chief Financial Officer | 2024 | 218,599 | 0 | 4,575,458 | 0 | 4,600 | 4,798,657 |
| Matthew Oppenheimer | Chairman, Chief Executive Officer | 2024 | 290,000 | 0 | 0 | 0 | 6,100 | 296,100 |
| Vikas Mehta | Chief Financial Officer | 2024 | 107,652 | 500,000 | 12,652,500 | 0 | 1,602 | 13,261,754 |
| Pankaj Sharma | Chief Business Officer | 2024 | 316,033 | 0 | 4,900,308 | 0 | 187,130 | 5,403,470 |
| René Yoakum | EVP | 2024 | 290,000 | 0 | 3,898,784 | 0 | 7,600 | 4,196,384 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 1,635,147,000 | 1,263,963,000 | 944,285,000 |
| Cost Of Revenue | 549,480,000 | 431,604,000 | 329,113,000 |
| Gross Profit | — | — | — |
| Research And Development Expenses | 313,907,000 | 269,817,000 | 219,939,000 |
| General And Administrative Expenses | 225,129,000 | 195,857,000 | 179,372,000 |
| Operating Expenses | 1,557,679,000 | 1,303,049,000 | 1,058,480,000 |
| Operating Income | 77,468,000 | -39,086,000 | -114,195,000 |
| Net Income | 67,933,000 | -36,978,000 | -117,840,000 |
| Earnings Per Share Basic | 0.33 | -0.19 | -0.65 |
| Earnings Per Share Diluted | 0.31 | -0.19 | -0.65 |
| Weighted Average Shares Outstanding Basic | 205,833,196 | 194,646,436 | 180,818,399 |
| Weighted Average Shares Outstanding Diluted | 217,569,896 | 194,646,436 | 180,818,399 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 542,426,000 | 368,097,000 | 323,710,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | — | — | — |
| Inventories | — | — | — |
| Non Trade Receivables | 5,202,000 | 3,250,000 | 2,813,000 |
| Other Assets Current | 8,549,000 | 2,177,000 | 1,317,000 |
| Total Assets Current | 1,315,951,000 | 897,514,000 | 932,118,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 61,521,000 | 31,566,000 | 16,010,000 |
| Other Assets Non Current | 11,724,000 | 5,386,000 | 7,071,000 |
| Total Assets Non Current | 73,973,000 | 44,568,000 | 25,535,000 |
| Total Assets | 1,458,713,000 | 1,012,871,000 | 1,036,306,000 |
| Accounts Payable | 28,450,000 | 16,159,000 | 35,051,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 2,821,000 | 2,468,000 | 2,481,000 |
| Other Liabilities Current | 141,948,000 | 116,652,000 | 145,802,000 |
| Total Liabilities Current | 399,052,000 | 329,008,000 | 366,839,000 |
| Long Term Debt | 155,000,000 | 0 | 130,000,000 |
| Other Liabilities Non Current | 7,737,000 | 9,319,000 | 5,653,000 |
| Total Liabilities Non Current | 190,872,000 | 18,392,000 | 140,130,000 |
| Total Liabilities | 589,924,000 | 347,400,000 | 506,969,000 |
| Common Stock | 21,000 | 20,000 | 19,000 |
| Retained Earnings | -460,348,000 | -528,281,000 | -491,303,000 |
| Accumulated Other Comprehensive Income | 3,596,000 | -1,658,000 | 335,000 |
| Total Shareholders Equity | 868,789,000 | 665,471,000 | 529,337,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 46,761,000 | 18,054,000 | 13,118,000 |
| Share Based Compensation Expense | 155,114,000 | 152,137,000 | 136,967,000 |
| Other Non Cash Income Expense | — | -454,000 | -713,000 |
| Change In Accounts Receivable | — | — | — |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | 10,058,000 | -20,823,000 | 27,559,000 |
| Change In Other Liabilities | 23,840,000 | -14,499,000 | 47,357,000 |
| Cash From Operating Activities | 325,082,000 | 194,485,000 | -53,590,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 29,431,000 | 5,998,000 | 2,857,000 |
| Acquisition Of Business | 0 | 0 | 40,933,000 |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -69,934,000 | -17,702,000 | -50,037,000 |
| Tax Withholding For Share Based Compensation | 26,909,000 | 5,228,000 | 6,702,000 |
| Payments Of Dividends | 0 | 0 | 0 |
| Issuance Of Common Stock | — | — | 0 |
| Repurchase Of Common Stock | 23,894,000 | — | — |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | 6,656,000,000 | 1,583,000,000 | 17,068,000 |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -89,780,000 | -127,440,000 | 126,650,000 |
| Change In Cash | 174,482,000 | 44,788,000 | 24,295,000 |
| Cash At End Of Period | 542,426,000 | 368,097,000 | 323,710,000 |
| Income Taxes Paid | 2,722,000 | 3,159,000 | 5,305,000 |
| Interest Paid | 5,478,000 | 2,551,000 | 1,653,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | 0.33 | -0.19 | -0.65 |
| Price To Earnings Ratio | 41.8182 | -118.7895 | -29.8769 |
| Earnings Growth Rate | -273.6842 | -70.7692 | -4.4118 |
| Price Earnings To Growth Ratio | -0.1528 | 1.6785 | 6.7721 |
| Book Value Per Share | 4.2208 | 3.4189 | 2.9275 |
| Price To Book Ratio | 3.2695 | 6.6016 | 6.6338 |
| Ebitda | 125,028,000 | -12,524,000 | -97,065,000 |
| Enterprise Value | 2,455,893,104.8 | 4,027,541,060.52 | 3,320,264,308.58 |
| Dividend Yield | 0 | 0 | 0 |
| Dividend Payout Ratio | 0 | 0 | 0 |
| Debt To Equity Ratio | 0.1817 | 0.0037 | 0.2503 |
| Capital Expenditures | 76,716,000 | 33,610,000 | 17,582,000 |
| Free Cash Flow | 248,366,000 | 160,875,000 | -71,172,000 |
| Return On Equity | 0.0782 | -0.0556 | -0.2226 |
| One Year Beta | 0.9816 | 0.7209 | 0.7314 |
| Three Year Beta | 0.8635 | 1.3702 | 1.4825 |
| Five Year Beta | 1.2531 | 1.36 | 1.4825 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Hug Joshua | Director | 2026-03-02 | 40,777 | D | 3,604,782 |
| Smyth Margaret Mary | Director | 2026-02-25 | 714 | A | 85,499 |
| Smyth Margaret Mary | Director | 2026-02-25 | 714 | D | 0 |
| MORRIS NIGEL W | Director | 2026-02-25 | 524 | A | 1,861,210 |
| MORRIS NIGEL W | Director | 2026-02-25 | 524 | D | 0 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Sunbelt Securities, Inc. | 2025-12-31 | 649 | 47 | 13.8085 |
| Brevan Howard Capital Management LP | 2025-12-31 | 1,406,620 | 101,929 | 13.8 |
| CITADEL ADVISORS LLC | 2025-12-31 | 2,739,300 | 198,500 | 13.8 |
| CITADEL ADVISORS LLC | 2025-12-31 | 4,841,040 | 350,800 | 13.8 |
| CITADEL ADVISORS LLC | 2025-12-31 | 80,246,780 | 5,814,984 | 13.8 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| MERIDIAN FUND INC | 2025-12-31 | Class C | MRCGX | 435,769 | 6,013,612.2 | 1.045 |
| MERIDIAN FUND INC | 2025-12-31 | Institutional Class | MRRGX | 435,769 | 6,013,612.2 | 1.045 |
| MERIDIAN FUND INC | 2025-12-31 | Class A | MRAGX | 435,769 | 6,013,612.2 | 1.045 |
| MERIDIAN FUND INC | 2025-12-31 | Investor Class | MRIGX | 435,769 | 6,013,612.2 | 1.045 |
| MERIDIAN FUND INC | 2025-12-31 | Legacy Class | MERDX | 435,769 | 6,013,612.2 | 1.045 |