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.
Remitly has announced that its management team will present at the William Blair 44th Annual Growth Stock Conference on June 5, 2024. The presentation will take place at 7:20am Pacific Time / 9:20am Central Time and will be webcast live on Remitly’s investor relations website. A replay will be available post-event. Remitly provides digital financial services in over 170 countries, focusing on fast, reliable, and transparent cross-border payments. The company aims to expand its product suite to enhance its vision of transforming lives globally.
Remitly Global (NASDAQ: RELY) announced its management team's participation in two upcoming investor conferences in May 2024. These include the Barclays 14th Annual Emerging Payments and FinTech Forum on May 16, and the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference on May 20 at 4:30 p.m. ET/1:30 p.m. PT. The J.P. Morgan presentation will be webcast live via Remitly’s investor relations website with replays available post-event.
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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