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Remitly Global (RELY) Stock News

RELY Nasdaq

Welcome to our dedicated page for Remitly Global news (Ticker: RELY), a resource for investors and traders seeking the latest updates and insights on Remitly Global stock.

Remitly Global, Inc. provides digital cross-border financial services and money movement for customers sending funds internationally. Company news commonly covers quarterly operating results, send volume, revenue, active customer trends, profitability measures, and outlook updates tied to its transaction-fee and foreign-exchange-spread model.

Coverage also includes product and platform expansion, including WhatsApp Send, Request Money, and the Remitly app in ChatGPT, as well as geographic availability across send and receive markets. Governance updates include CEO succession, board appointments, investor communications, and other corporate-status developments for the Nasdaq-listed common stock.

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Remitly (RELY) announced a payments partnership with Etsy (ETSY), becoming an additional payout provider on Etsy Payments for new sellers in 15 countries starting this fall.

New international Etsy shop owners in select markets will be able to choose Remitly during onboarding, receive payouts through local banks or mobile wallets, and hold earnings in USD before converting to local currencies. Etsy is described as Remitly’s first marketplace partner, supporting Remitly’s move into powering payments for small and medium businesses.

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Remitly (NASDAQ: RELY) announced that CEO Sebastian Gunningham and CFO Vikas Mehta will participate in several upcoming investor events. These include a William Blair post-earnings virtual webinar on August 10, 2026, the Keybanc Technology Leadership Forum on August 11, 2026, the Goldman Sachs Communacopia + Technology Conference on September 9, 2026, and the FT Partners FinTech Conference and Oppenheimer Fintech Leaders Conference in New York City on September 15, 2026. The Goldman Sachs fireside chat will be webcast live, with a replay available, via Remitly’s investor relations website.

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Remitly (NASDAQ: RELY) reported record Q2 2026 results, with revenue of $495.2 million, up 20% year over year, and send volume of $23.5 billion, up 27%. Quarterly active customers reached 10.2 million, a 20% increase.

Net income was $205.9 million, including a $140.6 million discrete tax benefit from a U.S. valuation allowance release. Adjusted EBITDA rose to $114.7 million, up 79%. For 2026, Remitly now expects revenue of $1.978–$1.988 billion and Adjusted EBITDA of $410–$415 million, and forecasts Q3 2026 revenue of $505–$507 million with higher year-over-year net income and Adjusted EBITDA.

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Remitly (NASDAQ: RELY) launched the Remitly Global Card, a single account designed for people living and working across borders to send, spend, save, and borrow. Cardmembers can access preferred FX rates and faster remittances, no-fee everyday spending, no foreign transaction fees, direct deposit, and global ATM access.

The card supports balances in U.S. dollars or USDC in select locations, instant transfers between eligible Remitly Global Cardholders, and access to an open-end line of credit via the Membership plan. Membership also adds a 3GB global travel eSIM and Smart Rate exchange protection. Initial rollout targets the U.S. and select markets in 2026, with planned expansion to the UK, Europe, and 10 additional countries.

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Remitly (NASDAQ: RELY) plans to report its second quarter 2026 financial results after the market close on Wednesday, August 5, 2026. Management will hold a conference call and live webcast at 2:00 p.m. Pacific / 5:00 p.m. Eastern the same day to review results and answer analyst questions.

Investors can access the call by registering via the provided “Remitly 2Q 2026 Earnings Call” link to receive dial-in details and a unique access code. A live webcast and replay will be available in the Investor Relations section of Remitly’s website.

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Remitly (NASDAQ: RELY) has secured a Stored Value Facilities license with Exchange Business Category IV from the Central Bank of the UAE, becoming one of the first international remittance firms to do so. This authorization extends its regulated footprint in a key $50 billion remittance market.

The license enables Remitly to develop new, UAE-focused products for customers already sending money to over 175 countries. According to the company, 9.6 million quarterly users moved more than $80 billion in send volume over the last twelve months.

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Remitly (NASDAQ: RELY) announced a post-earnings virtual webinar and multiple investor conference appearances in May and June 2026.

CEO Sebastian Gunningham and CFO Vikas Mehta will join sessions hosted by Cantor, J.P. Morgan, Bernstein, and Bank of America, with several events webcast on Remitly’s investor relations website.

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Remitly (NASDAQ: RELY) expanded its Remitly Business platform with Bulk Payments and Send by Link for US SMBs and reached general availability in Canada.

Remitly Business now serves over 20,000 businesses, with send volume up 30% QoQ in Q1 2026, across the US, UK, and Canada.

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S&P Dow Jones Indices will revise the S&P SmallCap 600 effective before market open on May 14, 2026. Bright Horizons (BFAM) and Remitly Global (RELY) will be added; Tri Pointe Homes (TPH) and Apellis Pharmaceuticals (APLS) will be removed.

Removals follow announced acquisitions of Tri Pointe by Sumitomo Forestry and Apellis by Biogen, each described as expected to close soon pending final closing conditions.

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Remitly (NASDAQ: RELY) reported record first-quarter 2026 results: send volume $22.1B (+37% YoY), revenue $452.8M (+25% YoY), net income $49.1M (+332% YoY) and Adjusted EBITDA $101.6M (+74% YoY). Active customers rose to 9.6M (+20% YoY).

For fiscal 2026 the company expects revenue $1.960B–$1.975B (20–21% growth) and Adjusted EBITDA $370M–$385M. The company did not provide a quantitative reconciliation of forecasted Adjusted EBITDA to GAAP net income due to variability in certain items.

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FAQ

What is the current stock price of Remitly Global (RELY)?

The current stock price of Remitly Global (RELY) is $21.93 as of September 11, 2026.

What is the market cap of Remitly Global (RELY)?

The market cap of Remitly Global (RELY) is approximately 4.6B.