Added to YB: 2026-02-11
Pitch date: 2026-02-09
RELY [bullish]
Remitly Global, Inc.
+58.6%
current return
Author Info
No bio for this author
Company Info
Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally.
Market Cap
$4.8B
Pitch Price
$13.60
Price Target
21.00 (-3%)
Dividend
N/A
EV/EBITDA
44.75
P/E
73.52
EV/Sales
2.72
Sector
Financial Services
Category
growth
Bought $RELY @ $12.82
RELY: Fintech serving immigrants w/ money transfers, 43% revenue CAGR since 2020. Mgmt addressing SBC concerns, CEO foregoes new grants. 2028E FCF/sh ~$1.58 (12% yield). Trading 7.9x '26E EBITDA vs WISE at 13x despite higher growth. Trump risk overblown, Baillie Gifford took 5.6% stake. $21 target, 64% upside.
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