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Remitly, a digital remittance provider serving global migrants, reported a notable insider sale amid steady financial performance.

Remitly was once deeply unprofitable, but its profits are now soaring. Its user growth, AI upgrades, and expanding ecosystem are boosting its margins.

Remitly's business is booming as more people initiate cross-border money transfers. Its stock still looks reasonably valued, but it could face existential challenges soon.

It won't happen this year, but these stocks could go up 10-fold during the next 10 years.

These are businesses you'll want to buy and never sell in your retirement portfolio.

The mean of analysts' price targets for Remitly Global (RELY) points to a 28.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Remitly Global, Inc. (RELY) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript

Mobile payments are transforming checkout worldwide, and companies like INTU, RELY, WEX and PAY are positioning to ride the next wave of digital commerce growth.

Cross-border payments app Remitly Business is now generally available to small and medium-sized businesses in Canada.

SEATTLE, May 12, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of financial services that transcend borders, today announced that its management team will present at the following investor conferences:

SEATTLE, May 12, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) today announced two new features for small and medium sized business customers in the US: Bulk Payments and Send by Link. At the same time, Remitly Business has reached general availability in Canada, joining the US and UK as the offering's third live market.

Remitly Global is rated 'buy' due to rapid business customer growth and strong adoption of Remitly Business, targeting high-value SMB senders. RELY posted Q1 '26 revenue of $453M (25% YoY growth), beating both company and analyst estimates, with active customers reaching 9.634 million. High-value sender growth (73% in Q1 '26) and improved margins (adj. EBITDA margin 22%) underpin RELY's shift to profitability and robust forward outlook.

NEW YORK, May 7, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the opening of trading on Thursday, May 14: Bright Horizons Family Solutions Inc. (NYSE: BFAM) will replace Tri Pointe Homes Inc. (NYSE: TPH). Sumitomo Forestry Group (TSE: 1911) is acquiring Tri Pointe Homes in a deal expected to close soon, pending final closing conditions.

Watch more: Need to Know With Remitly's Sebastian Gunningham Sending money across borders should be simple by now. We live in a world where you can order groceries from your couch and open a bank account on your phone.

Remitly Global, Inc. (RELY) Q1 2026 Earnings Call Transcript

Remitly Global, Inc. (RELY) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.05 per share a year ago.

First quarter send volume up 37% and revenue up 25% year over year First quarter net income of $49.1 million up 332% and Adjusted EBITDA of $101.6 million up 74% year over year SEATTLE, May 06, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY), a trusted provider of financial services that transcend borders, reported results for the first quarter ended March 31, 2026. “We delivered an exceptional Q1, achieving record revenue and Adjusted EBITDA,” said Sebastian Gunningham, Chief Executive Officer, Remitly.

RELY gears up for Q1 results with strong revenue growth expectations, driven by higher send volumes, Flex demand and expanding digital adoption.

Remitly is beating back the bear cases that say disruption is coming to the remittance market. The company keeps growing quickly and is adding new features that users will love.

SEATTLE, April 22, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly” or the “Company”), a trusted provider of financial services that transcend borders, today announced that it will report first quarter financial results after the market closes on Wednesday, May 6, 2026. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below.

Somalya sold 35,976 shares over two days for a transaction value of approximately $650,000 based on a weighted average price of around $18.07 per share. This represented 12.2% of her direct common stock holdings at the time, reducing her direct position from 295,791 to 259,815 shares.

During the first quarter, the Harbor Active Small Cap ETF (“ETF”) returned -4.52% (NAV), significantly underperforming the Russell 2000® Index, which returned 0.89%. Shares are bought and sold at market price not net asset value (NAV). A fund's NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times.

After reaching an important support level, Remitly Global, Inc. (RELY) could be a good stock pick from a technical perspective. RELY recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.

SEATTLE, April 10, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”) today announced the appointment of Adam Messinger to its Board of Directors (the “Board”). With this appointment, Remitly is increasing the size of its Board from 10 to 11 directors. In connection with his appointment, Mr. Messinger also joins the Talent and Compensation Committee of the Board.

Let's take a look at four stocks, RELY, MG, BTSG and CSTM, with stellar net profit margins and rising EPS estimates that can help create a winning portfolio.

SG Americas Securities LLC boosted its stake in Remitly Global, Inc. (NASDAQ: RELY) by 88.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 84,652 shares of the financial services provider's stock after buying an additional 39,810 shares during the period. SG Americas

Shares of UiPath have suffered as investors rethink the value of artificial intelligence, but this company's solutions serve a proven, marketable purpose. Remitly Global has found a great niche and perfected the way it serves it.

Oscar Health is gaining market share in health insurance. Adyen is a dominant player in enterprise payment processing.

Phibro Animal Health, Deluxe, Remitly Global and BrightSpring Health Services, Inc. (BTSG) represent four compelling small-cap stocks.

Cash is fading fast, and mobile payments are taking over everything from retail checkouts to cross-border transfers. JPMorgan Chase, Block, Jack Henry and Remitly are positioned to ride the boom.

Joshua Hug sold 29,049 shares for a transaction value of $522,301.02 on March 4, 2026. The sale represented 0.81% of his direct holdings at the time of the transaction.

RELY, MG, ENVA and SNEX boast strong net margins, rising earnings and bullish analyst ratings that signal upside.

Remitly Global (NASDAQ: RELY - Get Free Report) and Worldline (OTCMKTS:WWLNF - Get Free Report) are both business services companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, profitability, institutional ownership, dividends, valuation and risk. Analyst Ratings This is a breakdown of recent

Remitly, a global digital remittance provider, saw significant insider selling as disclosed in recent regulatory filings.

Remitly Global, Inc. (NASDAQ: RELY - Get Free Report) insider Ltd Naspers sold 12,000,000 shares of the company's stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $15.98, for a total value of $191,760,000.00. Following the completion of the transaction, the insider owned 13,441,745 shares of the company's

Remitly is facing a narrative disruption, but is actually the disruptor. It should keep growing its share of the remittance market and is expanding into new product categories.

ADMA, RELY and HSY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 12th, 2026.

The consensus price target hints at a 29.2% upside potential for Remitly Global (RELY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Shopify's recent pullback doesn't jibe with its latest and projected growth. Remitly Global looks like the simple solution to cross-border money transfers that much of the world's been waiting on.

AEO, RELY, ADMA, HSY and HTBK have been added to the Zacks Rank #1 (Strong Buy) List on March 12th, 2026.

Lead Edge Capital Management acquired 1,425,420 shares of Remitly Global for an estimated $20.71 million in the fourth quarter. Meanwhile, the quarter-end position value rose by $13.08 million, reflecting both the additional shares and price movement.

Fieldview Capital Management LLC trimmed its holdings in Remitly Global, Inc. (NASDAQ: RELY) by 87.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,876 shares of the financial services provider's stock after selling 164,113 shares during the quarter. Fieldview Capital Management
