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. (RELY) operates at the forefront of digital remittance services, providing mobile-first solutions for secure cross-border money transfers. This news hub offers investors and stakeholders timely access to official updates, financial disclosures, and strategic developments shaping the company’s position in the global FinTech sector.
Discover comprehensive coverage of earnings reports, partnership announcements, product innovations, and regulatory compliance updates. Our curated collection ensures you stay informed about Remitly’s operational milestones, market expansions, and initiatives to enhance financial inclusion for immigrant communities worldwide.
Key updates include quarterly financial results, leadership changes, technology advancements in payment processing, and expansions into new markets. Each release is verified for accuracy, providing a trustworthy resource for analyzing Remitly’s growth trajectory and competitive strategies.
Bookmark this page for streamlined access to Remitly’s evolving story. Check back regularly to monitor how the company navigates regulatory landscapes, leverages digital transformation, and maintains its commitment to transparent, low-cost international money transfers.
Remitly Global, a digital financial services provider, will be participating in two upcoming investor conferences in May 2024. The company's management team will present at Barclays 14th Annual Emerging Payments and FinTech Forum on May 16 and J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference on May 20. The presentations will be available for live webcast and replay on Remitly's investor relations website.
Remitly Global, a digital financial services provider, appointed Ronit Peled as Chief People Officer. Peled brings strategic leadership and a commitment to culture. With over 20 years of experience, including as CPO of DreamBox Learning, she aims to drive impact for people, customers, and the business at Remitly.
Remitly Global, Inc. (NASDAQ: RELY) reported strong first quarter 2024 results with active customers up 36%, send volume up 34%, and revenue up 32% year over year. The company's net loss decreased, and Adjusted EBITDA improved significantly. Remitly raised its full year 2024 outlook, expecting total revenue between $1,225 million to $1,250 million and Adjusted EBITDA in the range of $85 million to $95 million.
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