Baillie Gifford & Co, a Scotland-based investment adviser, reported beneficial ownership of 11,658,558 shares of Remitly Global, Inc. common stock, representing 5.58% of the class as of 12/31/2025.
Baillie Gifford has sole voting power over 7,338,155 shares and sole dispositive power over all 11,658,558 shares. The holdings are kept by Baillie Gifford and its adviser subsidiaries on behalf of investment advisory clients, including funds and institutional accounts, and are certified as being held in the ordinary course of business, not to influence control of Remitly.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Remitly Global, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
75960P104
(CUSIP Number)
12/31/2025
(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)
SCHEDULE 13G
CUSIP No.
75960P104
1
Names of Reporting Persons
BAILLIE GIFFORD & CO
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED KINGDOM
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
7,338,155.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
11,658,558.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,658,558.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
Address or principal business office or, if none, residence:
Calton Square
1 Greenside Row
Edinburgh
EH1 3AN
(c)
Citizenship:
Scotland
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
75960P104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Investment Adviser
Item 4.
Ownership
(a)
Amount beneficially owned:
11,658,558
(b)
Percent of class:
5.58 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
7,338,155
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
11,658,558
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Securities reported on this Schedule 13G as being beneficially owned by Baillie Gifford & Co. are held by Baillie Gifford & Co. and/or one or more of its investment adviser subsidiaries, which may include Baillie Gifford Overseas Limited, on behalf of investment advisory clients, which may include investment companies registered under the Investment Company Act, employee benefit plans, pension funds or other institutional clients.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ? 240.14a-11.
By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Investment Adviser is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What did Baillie Gifford disclose in this Schedule 13G/A for Remitly (RELY)?
Baillie Gifford & Co disclosed beneficial ownership of Remitly common stock. It reported holding 11,658,558 shares, filed on an amended Schedule 13G, indicating passive ownership above 5% of the company’s outstanding common shares as of December 31, 2025.
How many Remitly (RELY) shares does Baillie Gifford beneficially own and what percentage is this?
Baillie Gifford & Co reported beneficial ownership of 11,658,558 Remitly common shares. This position represents 5.58% of Remitly’s outstanding common stock, crossing the 5% threshold that requires disclosure on Schedule 13G under U.S. securities regulations.
What voting and dispositive power does Baillie Gifford have over Remitly (RELY) shares?
Baillie Gifford & Co has sole voting power over 7,338,155 Remitly shares and sole dispositive power over 11,658,558 shares. It reported no shared voting or shared dispositive power, meaning all reported authority is held solely rather than jointly with other parties.
In what capacity is Baillie Gifford filing this Remitly (RELY) Schedule 13G/A?
Baillie Gifford & Co is filing as an investment adviser. The filing states it qualifies under Rule 13d‑1(b)(1)(ii)(E), indicating it manages these Remitly shares in a professional advisory capacity for clients rather than as an operating company or individual investor.
For whose benefit are Baillie Gifford’s Remitly (RELY) shares held?
The securities reported as beneficially owned by Baillie Gifford & Co are held by it and/or its investment adviser subsidiaries on behalf of investment advisory clients. These clients may include registered investment companies, employee benefit plans, pension funds, or other institutional accounts.
Is Baillie Gifford seeking to influence control of Remitly (RELY) with this stake?
No. Baillie Gifford certifies the Remitly shares were acquired and are held in the ordinary course of business. It states they were not acquired and are not held to change or influence control of Remitly, consistent with a passive Schedule 13G filer status.
What is the relevant date of Baillie Gifford’s ownership information for Remitly (RELY)?
The ownership information relates to an event dated December 31, 2025. That date anchors the reported 11,658,558 beneficially owned shares and the 5.58% ownership percentage, reflecting Baillie Gifford’s Remitly position as of year-end 2025 under Schedule 13G reporting requirements.