Remitly Global Inc
NASDAQ:RELY

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Remitly Global Inc
NASDAQ:RELY
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Price: 19.97 USD 1.06% Market Closed
Market Cap: 4B USD
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Remitly Global Inc
Research & Development

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Remitly Global Inc
Research & Development Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Research & Development CAGR 3Y CAGR 5Y CAGR 10Y
Remitly Global Inc
NASDAQ:RELY
Research & Development
-$219.9m
CAGR 3-Years
-75%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Mastercard Inc
NYSE:MA
Research & Development
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Visa Inc
NYSE:V
Research & Development
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Automatic Data Processing Inc
NASDAQ:ADP
Research & Development
-$34.6m
CAGR 3-Years
-12%
CAGR 5-Years
-13%
CAGR 10-Years
-6%
PayPal Holdings Inc
NASDAQ:PYPL
Research & Development
-$3B
CAGR 3-Years
0%
CAGR 5-Years
-10%
CAGR 10-Years
N/A
F
Fiserv Inc
NYSE:FI
Research & Development
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Remitly Global Inc
Glance View

Market Cap
4B USD
Industry
Technology

Remitly Global, Inc. engages in the provision of digital financial services for immigrants and their families. The company is headquartered in Seattle, Washington and currently employs 1,800 full-time employees. The company went IPO on 2021-09-23. The firm serves customers who are primarily immigrants from developing countries who have moved away from their families to seek new opportunities. The firm offers services through its mobile application for cross-border remittances. The company provides end to end process from the moment a customer connects their banking information to the application, they can send money home in minutes. Its customers and their families can also track the status of their transactions in real-time. The firm's features include digital experience, onboarding process, centralized portal for account management and customer support. The company has partnered with various banks, such as Barclays, Chase, HSBC, and Wells Fargo, and other global payment providers, including Visa.

RELY Intrinsic Value
16.45 USD
Overvaluation 18%
Intrinsic Value
Price

See Also

What is Remitly Global Inc's Research & Development?
Research & Development
-219.9m USD

Based on the financial report for Dec 31, 2023, Remitly Global Inc's Research & Development amounts to -219.9m USD.

What is Remitly Global Inc's Research & Development growth rate?
Research & Development CAGR 3Y
-75%

Over the last year, the Research & Development growth was -59%. The average annual Research & Development growth rates for Remitly Global Inc have been -75% over the past three years .

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