STOCK TITAN

MIH/Prosus/Naspers report 6.4% stake in Remitly (NASDAQ: RELY)

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Remitly Global, Inc. ownership update: MIH Fintech Investments B.V., Prosus N.V. and NASPERS LIMITED jointly report beneficial ownership of 13,441,745 shares of common stock, representing 6.4% of the class. The percentage is based on 210,654,386 shares outstanding as of February 16, 2026. The filing notes that MIH Investments became the legal successor to PayU Fintech Investments B.V. following a March 24, 2026 merger, and that Prosus and Naspers indirectly hold and share voting and dispositive power over the reported shares.

Positive

  • None.

Negative

  • None.

Insights

Joint holders report a significant passive stake and shared control lines.

The Schedule 13G/A lists 13,441,745 shares held directly by MIH Fintech Investments B.V. and indirectly by Prosus and Naspers, equaling 6.4% of the class on the issuer's stated outstanding base of February 16, 2026.

The filing emphasizes ownership structure and control chains, including a March 24, 2026 merger making MIH Investments the legal successor to PayU. Future disclosures may show any change in holdings if Reporting Persons alter their positions or the group's composition.

Shares held 13,441,745 shares Directly held by MIH Investments and indirectly by Prosus/Naspers
Percent of class 6.4% Based on 210,654,386 shares outstanding as of February 16, 2026
Shares outstanding 210,654,386 shares Issuer's Annual Report for fiscal year ended December 31, 2025 (as of February 16, 2026)
Merger effective date March 24, 2026 MIH Investments became legal successor to PayU Fintech Investments B.V.
Joint Filing Agreement April 23, 2026 Date of Joint Filing Agreement among Reporting Persons
beneficially owned regulatory
"Amount beneficially owned: See Row 9 of cover page for each Reporting Person."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared dispositive power regulatory
"Shared Dispositive Power 13,441,745.00"
differential voting structure corporate
"Naspers employs a differential voting structure involving two South African entities"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stake do MIH, Prosus and Naspers report in Remitly (RELY)?

They report beneficial ownership of 13,441,745 shares, representing 6.4% of Remitly's common stock based on 210,654,386 shares outstanding as of February 16, 2026. The shares are directly held by MIH Investments and indirectly by Prosus and Naspers.

Who directly holds the reported shares for the group in the Remitly filing?

The filing states the shares are directly held by MIH Fintech Investments B.V., which became the legal successor to PayU Fintech Investments B.V. after the March 24, 2026 merger, with indirect holdings through Prosus and Naspers.

How is voting and dispositive power described for the Reporting Persons?

The Schedule 13G/A reports shared voting power and shared dispositive power of 13,441,745 shares among MIH Investments, Prosus and Naspers, indicating joint control over those shares rather than sole power held by a single filer.

What outstanding share base does the filing use to calculate the 6.4% figure?

The percentage is calculated using 210,654,386 shares outstanding as of February 16, 2026, cited from the issuer's Annual Report for the fiscal year ended December 31, 2025, filed on February 18, 2026.

Does the filing indicate any dissolution of the reporting group?

The filing includes a provision for a Notice of Dissolution of Group and references a Joint Filing Agreement dated April 23, 2026, but does not state that the group has dissolved; it simply provides the agreement among the Reporting Persons.





75960P104

(CUSIP Number)
03/12/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Rows 6, 8 & 9: represents Shares (as defined below) directly held by MIH Fintech Investments B.V. (MIH Investments), as the legal successor to PayU Fintech Investments B.V. (PayU) following the March 24, 2026 merger of PayU and MIH Investments, with MIH Investments as the surviving company, and indirectly held by Prosus N.V. (Prosus) and NASPERS LIMITED (Naspers), which are, together, significant stockholders of the Issuer. MIH Investments is a 100% subsidiary of MIH Fintech Holdings B.V., which is a 100% subsidiary of MIH e-Commerce Holdings B.V., which is a 100% subsidiary of MIH Internet Holdings B.V., which is a 100% subsidiary of Prosus, which is a majority-owned subsidiary of Naspers. Prosus and Naspers control MIH Investments and share voting and dispositive control over the Shares. Naspers employs a differential voting structure involving two South African entities, Naspers Beleggings (RF) Beperk and Keeromstraat 30 Beleggings (RF) Beperk, the sole remit of which is to protect the continued independence of NASPERS LIMITED. Each of the foregoing two entities disclaims beneficial ownership of all Shares, except to the extent of their respective pecuniary interests therein. Note to Row 11: the percentage of ownership is based on 210,654,386 shares outstanding as of February 16, 2026, as reported in the Issuer's (as defined above) Annual Report for the fiscal year ended December 31, 2025, as filed with the Securities and Exchange Commission on February 18, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Rows 6, 8 & 9: represents Shares (as defined below) directly held by MIH Fintech Investments B.V. (MIH Investments), as the legal successor to PayU Fintech Investments B.V. (PayU) following the March 24, 2026 merger of PayU and MIH Investments, with MIH Investments as the surviving company, and indirectly held by Prosus N.V. (Prosus) and NASPERS LIMITED (Naspers), which are, together, significant stockholders of the Issuer. MIH Investments is a 100% subsidiary of MIH Fintech Holdings B.V., which is a 100% subsidiary of MIH e-Commerce Holdings B.V., which is a 100% subsidiary of MIH Internet Holdings B.V., which is a 100% subsidiary of Prosus, which is a majority-owned subsidiary of Naspers. Prosus and Naspers control MIH Investments and share voting and dispositive control over the Shares. Naspers employs a differential voting structure involving two South African entities, Naspers Beleggings (RF) Beperk and Keeromstraat 30 Beleggings (RF) Beperk, the sole remit of which is to protect the continued independence of NASPERS LIMITED. Each of the foregoing two entities disclaims beneficial ownership of all Shares, except to the extent of their respective pecuniary interests therein. Note to Row 11: the percentage of ownership is based on 210,654,386 shares outstanding as of February 16, 2026, as reported in the Issuer's (as defined above) Annual Report for the fiscal year ended December 31, 2025, as filed with the Securities and Exchange Commission on February 18, 2026.


SCHEDULE 13G




Comment for Type of Reporting Person: Note to Rows 6, 8 & 9: represents Shares (as defined below) directly held by MIH Fintech Investments B.V. (MIH Investments), as the legal successor to PayU Fintech Investments B.V. (PayU) following the March 24, 2026 merger of PayU and MIH Investments, with MIH Investments as the surviving company, and indirectly held by Prosus N.V. (Prosus) and NASPERS LIMITED (Naspers), which are, together, significant stockholders of the Issuer. MIH Investments is a 100% subsidiary of MIH Fintech Holdings B.V., which is a 100% subsidiary of MIH e-Commerce Holdings B.V., which is a 100% subsidiary of MIH Internet Holdings B.V., which is a 100% subsidiary of Prosus, which is a majority-owned subsidiary of Naspers. Prosus and Naspers control MIH Investments and share voting and dispositive control over the Shares. Naspers employs a differential voting structure involving two South African entities, Naspers Beleggings (RF) Beperk and Keeromstraat 30 Beleggings (RF) Beperk, the sole remit of which is to protect the continued independence of NASPERS LIMITED. Each of the foregoing two entities disclaims beneficial ownership of all Shares, except to the extent of their respective pecuniary interests therein. Note to Row 11: the percentage of ownership is based on 210,654,386 shares outstanding as of February 16, 2026, as reported in the Issuer's (as defined above) Annual Report for the fiscal year ended December 31, 2025, as filed with the Securities and Exchange Commission on February 18, 2026.


SCHEDULE 13G



MIH Fintech Investments B.V.
Signature:/s/ S. de Reus
Name/Title:Director
Date:04/23/2026
NASPERS LIMITED
Signature:/s/ N. Marais
Name/Title:CFO
Date:04/23/2026
Prosus N.V.
Signature:/s/ N. Marais
Name/Title:CFO
Date:04/23/2026
Exhibit Information

Agreement