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Added to YB: 2026-02-11

Pitch date: 2026-02-09

RELY [bullish]

Remitly Global, Inc.

+26.03%

current return

Author Info

No bio for this author

Company Info

Remitly Global, Inc. engages in the provision of digital financial services in the United States, Canada, and internationally.

Market Cap

$2.7B

Pitch Price

$13.60

Price Target

21.00 (+23%)

Dividend

N/A

EV/EBITDA

39.67

P/E

138.04

EV/Sales

1.47

Sector

Financial Services

Category

growth

Show full summary:
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.

Read full article (4 min)