Overview
Compare with Paysafe Group, TIC Solutions, Inc. or Wright Express, or pick any stock.
- TickerRELY on Nasdaq1
- IndustryServices-Business Services, NEC1
- HeadquartersSeattle, Washington1
- Incorporated inDE2
- Business addressRemitly Global, Inc., 401 Union Street, Suite 1000, Seattle, Wa 981012
- Filer categoryLarge accelerated filer2
- Legal formCorporation
See how the biggest companies compare on our leaderboards
Remitly, founded in 2011, is a trusted provider of financial services that transcend borders. With a footprint spanning more than 175 countries, we have built one of the world’s leading global money movement platforms, trusted by millions of customers who rely on us every day.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
4.7%Operating margin5
4.2%Net margin5
29.4%Revenue growth, 20255
7.8%Return on equity5
0.18×Debt to equity5
$295.7MFree cash flow5
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Regions
United States brought in 66% of the revenue Remitly Global, Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $631.7M | $825.8M | $1.1B |
| Rest Of World | $199.2M | $297.1M | $388.2M |
| Canada | $113.3M | $141.1M | $163.8M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development19¢$313.9M
- Other costs76¢$1.2B
- Income tax0¢$3.7M
- Profit4¢$67.9M
Out of $1.6B in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending9¢$29.4M
- Share buybacks7¢$23.9M
- Kept or used elsewhere84¢$271.8M
Out of $325.1M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $1.6B | $1.3B | $944.3M |
| Marketing | $342.9M | $303.8M | $234.4M |
| Technology and development | $313.9M | $269.8M | $219.9M |
| General and administrative | $225.1M | $195.9M | $179.4M |
| Depreciation and amortization | $25.0M | $18.1M | $13.1M |
| Total costs and expenses | $1.6B | $1.3B | $1.1B |
| Income (loss) from operations | $77.5M | -$39.1M | -$114.2M |
| Interest income | $7.7M | $8.1M | $7.4M |
| Interest expense | -$7.6M | -$3.2M | -$2.4M |
| Other income (expense), net | -$5.9M | $4.0M | -$2.8M |
| Income (loss) before provision for income taxes | $71.6M | -$30.3M | -$111.9M |
| Provision for income taxes | $3.7M | $6.7M | $5.9M |
| Net income (loss) | $67.9M | -$37.0M | -$117.8M |
| Basic (in dollars per share) | $0.33 | -$0.19 | -$0.65 |
| Diluted (in dollars per share) | $0.31 | -$0.19 | -$0.65 |
| Basic (in shares) | 205.8M shares | 194.6M shares | 180.8M shares |
| Diluted (in shares) | 217.6M shares | 194.6M shares | 180.8M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $542.4M | $368.1M | $323.7M | |
| Disbursement prefunding | $441.3M | $288.9M | ||
| Customer funds receivable, net | $286.5M | $194.0M | ||
| Prepaid expenses and other current assets | $45.7M | $46.5M | ||
| Total current assets | $1.3B | $897.5M | ||
| Property and equipment, net | $61.5M | $31.6M | ||
| Operating lease right-of-use assets | $12.5M | $13.0M | ||
| Goodwill | $54.9M | $54.9M | ||
| Intangible assets, net | $2.1M | $10.5M | ||
| Other noncurrent assets, net | $11.7M | $5.4M | ||
| Total assets | $1.5B | $1.0B | ||
| Accounts payable | $28.4M | $16.2M | ||
| Customer liabilities | $219.7M | $189.0M | ||
| Short-term debt | $2.8M | $2.5M | ||
| Accrued expenses and other current liabilities | $141.9M | $116.7M | ||
| Operating lease liabilities | $6.2M | $4.7M | ||
| Total current liabilities | $399.1M | $329.0M | ||
| Operating lease liabilities, noncurrent | $28.1M | $9.1M | ||
| Long-term debt | $155.0M | $0 | ||
| Other noncurrent liabilities | $7.7M | $9.3M | ||
| Total liabilities | $589.9M | $347.4M | ||
| Common stock, $0.0001 par value; 725,000,000 shares authorized as of both December 31, 2025 and 2024; 210,625,519 and 200,534,626 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $21.0K | $20.0K | ||
| Additional paid-in capital | $1.3B | $1.2B | ||
| Accumulated other comprehensive income (loss) | $3.6M | -$1.7M | ||
| Accumulated deficit | -$460.3M | -$528.3M | ||
| Total stockholders equity | $868.8M | $665.5M | $529.3M | $480.1M |
| Total liabilities and stockholders equity | $1.5B | $1.0B | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, authorized (in shares) | 725.0M shares | 725.0M shares | ||
| Common stock, issued (in shares) | 210.6M shares | 200.5M shares | ||
| Common stock, outstanding (in shares) | 210.6M shares | 200.5M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $542.4M | $368.1M | $323.7M | |
| Disbursement prefunding | $441.3M | $288.9M | ||
| Customer funds receivable, net | $286.5M | $194.0M | ||
| Prepaid expenses and other current assets | $45.7M | $46.5M | ||
| Total current assets | $1.3B | $897.5M | ||
| Property and equipment, net | $61.5M | $31.6M | ||
| Operating lease right-of-use assets | $12.5M | $13.0M | ||
| Goodwill | $54.9M | $54.9M | ||
| Intangible assets, net | $2.1M | $10.5M | ||
| Other noncurrent assets, net | $11.7M | $5.4M | ||
| Total assets | $1.5B | $1.0B | ||
| Accounts payable | $28.4M | $16.2M | ||
| Customer liabilities | $219.7M | $189.0M | ||
| Short-term debt | $2.8M | $2.5M | ||
| Accrued expenses and other current liabilities | $141.9M | $116.7M | ||
| Operating lease liabilities | $6.2M | $4.7M | ||
| Total current liabilities | $399.1M | $329.0M | ||
| Operating lease liabilities, noncurrent | $28.1M | $9.1M | ||
| Long-term debt | $155.0M | $0 | ||
| Other noncurrent liabilities | $7.7M | $9.3M | ||
| Total liabilities | $589.9M | $347.4M | ||
| Common stock, $0.0001 par value; 725,000,000 shares authorized as of both December 31, 2025 and 2024; 210,625,519 and 200,534,626 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $21.0K | $20.0K | ||
| Additional paid-in capital | $1.3B | $1.2B | ||
| Accumulated other comprehensive income (loss) | $3.6M | -$1.7M | ||
| Accumulated deficit | -$460.3M | -$528.3M | ||
| Total stockholders equity | $868.8M | $665.5M | $529.3M | $480.1M |
| Total liabilities and stockholders equity | $1.5B | $1.0B | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, authorized (in shares) | 725.0M shares | 725.0M shares | ||
| Common stock, issued (in shares) | 210.6M shares | 200.5M shares | ||
| Common stock, outstanding (in shares) | 210.6M shares | 200.5M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $67.9M | -$37.0M | -$117.8M |
| Depreciation, amortization, and other | $46.8M | $16.5M | $13.7M |
| Stock-based compensation expense, net | $155.1M | $152.1M | $137.0M |
| Donation of common stock | $3.3M | $2.6M | $4.6M |
| Prepaid expenses and other assets | -$2.5M | -$12.2M | -$13.0M |
| Operating lease right-of-use assets | $5.5M | $6.0M | $5.2M |
| Accounts payable | $10.1M | -$20.8M | $27.6M |
| Accrued expenses and other liabilities | $23.8M | $10.6M | $14.4M |
| Operating lease liabilities | $15.1M | -$6.1M | -$4.7M |
| Net cash provided by operating activities | $325.1M | $111.6M | $66.8M |
| Purchases of property and equipment | -$29.4M | -$6.0M | -$2.9M |
| Capitalized internal-use software costs | -$12.4M | -$11.7M | -$6.2M |
| Net collections (originations) from consumer receivables | -$28.1M | -$2.2M | $0 |
| Cash paid for acquisition, net of acquired cash, cash equivalents, and restricted cash | $0 | $0 | -$40.9M |
| Net cash used in investing activities | -$69.9M | -$19.9M | -$50.0M |
| Proceeds from exercise of stock options | $6.7M | $8.7M | $14.3M |
| Proceeds from issuance of common stock in connection with ESPP | $11.1M | $9.4M | $6.1M |
| Cash paid for repurchase of common stock | -$23.9M | $0 | $0 |
| Proceeds from revolving credit facility borrowings | $6.8B | $1.5B | $764.0M |
| Repayments of revolving credit facility borrowings | -$6.7B | -$1.6B | -$634.0M |
| Taxes paid related to net share settlement of equity awards | -$26.9M | -$5.2M | -$6.7M |
| Net change in customer funds assets and liabilities | -$208.7M | $85.1M | -$120.4M |
| Cash paid for settlement of amounts previously held back for acquisition consideration | $0 | -$10.3M | $0 |
| Payment of debt issuance costs | -$3.1M | $0 | $0 |
| Repayment of assumed indebtedness | $0 | $0 | -$17.1M |
| Net cash (used in) provided by financing activities | -$89.8M | -$42.4M | $6.3M |
| Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash | $9.1M | -$4.6M | $1.3M |
| Net increase in cash, cash equivalents, and restricted cash | $174.5M | $44.8M | $24.3M |
No quarter-by-quarter statement was filed.
Corporate structure
Remitly Global, Inc. sits at the top of its group. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Remitly Global, Inc.
- N.v. Prosus Filed SCHEDULE 13G/A on Remitly Global, Inc., latest Aug 11, 2026 (4 filings since Feb 11, 2022)
- BlackRock Filed SCHEDULE 13G/A on Remitly Global, Inc., latest Jul 29, 2026 (5 filings since Feb 2, 2024)
- FMR LLC Filed SCHEDULE 13G/A on Remitly Global, Inc., latest Jul 8, 2026 (2 filings since May 6, 2026)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Remitly Global, Inc., latest Mar 27, 2026 (3 filings since Feb 9, 2023)
- BAILLIE GIFFORD & CO Filed SCHEDULE 13G/A on Remitly Global, Inc., latest Feb 9, 2026 (3 filings since Jan 26, 2024)
- CADIAN CAPITAL MANAGEMENT, LP Filed SCHEDULE 13G/A on Remitly Global, Inc., latest Feb 13, 2025 (2 filings since Nov 13, 2024)
- GENERATION INVESTMENT MANAGEMENT LLP Filed SC 13G/A on Remitly Global, Inc., latest Feb 14, 2024 (3 filings since Feb 14, 2022)
- JPMorgan Chase Filed SC 13G/A on Remitly Global, Inc., latest Jan 4, 2024 (2 filings since Jan 13, 2023)
- Stripes Holdings, LLC Filed SC 13G/A on Remitly Global, Inc., latest Feb 16, 2023 (2 filings since Feb 14, 2022)
- Threshold Ventures I, L.P. Filed SC 13G/A on Remitly Global, Inc., latest Feb 1, 2023 (2 filings since Feb 9, 2022)
- Trilogy Equity Partners, LLC Filed SC 13G/A on Remitly Global, Inc., latest Mar 21, 2022 (2 filings since Feb 11, 2022)
- Remitly Global, Inc. Seattle, Washington
- Remitly Canada, Inc. Subsidiary · Canada
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Remitly Global, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $106.5M5 Dec 31, 2025 | $67.3M5 Dec 31, 2024 | +58.2% |
| Accumulated depreciation | $44.9M5 Dec 31, 2025 | $35.7M5 Dec 31, 2024 | +25.7% |
| Property and equipment, net | $61.5M5 Dec 31, 2025 | $31.6M5 Dec 31, 2024 | +94.9% |
| Operating-lease assets (leased space) | $12.5M5 Dec 31, 2025 | $13.0M5 Dec 31, 2024 | −4.2% |
Real estate and locations
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $542.4M5 Dec 31, 2025 | $368.1M5 Dec 31, 2024 | +47.4% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $54.9M5 Dec 31, 2025 | $54.9M5 Dec 31, 2024 | 0% |
| Finite-lived intangibles, gross | $21.5M5 Dec 31, 2025 | $21.5M5 Dec 31, 2024 | 0% |
| Accumulated amortization | $19.4M5 Dec 31, 2025 | $11.0M5 Dec 31, 2024 | +75.5% |
| Finite-lived intangibles, net | $2.1M5 Dec 31, 2025 | $10.5M5 Dec 31, 2024 | −79.7% |
Properties, in its own words
As of December 31, 2025, we leased and occupied facilities in various countries. Our corporate headquarters is located in Seattle, Washington, where we currently occupy facilities totaling approximately 118,000 square feet under a lease that expires in June 2032. Other significant leased properties include facilities in Poland, Israel, Nicaragua, the United Kingdom, the Philippines, and Ireland. We use these facilities for administration, finance, legal, human resources, IT, marketing, software engineering, and customer service.
We maintain other leased facilities throughout the world. We intend to procure additional space as we add employees and expand geographically. We believe that our facilities are adequate to meet our needs for the immediate future, and that, should it be needed, suitable additional space will be available to accommodate any such expansion of our operations.
Item 2 of the 10-K filed Feb 18, 2026.4
Leadership
Who has led Remitly Global, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
2025
- Chief executive officerSebastian J. Gunningham Feb 23, 2026 to now12
- Chief executive officerMatthew B. Oppenheimer Sep 22, 2021 to Feb 23, 202613
- Chief financial officerHemanth Munipalli Jul 20, 2022 to May 29, 202414
- Chief financial officerSusanna Morgan Sep 22, 2021 to Sep 22, 202115
- Chief operating officerJoshua Hug Sep 22, 2021 to Apr 11, 202416
Board members and other officers (20)
- Chief Accounting OfficerTai-Hong Fung Apr 3, 2026 to now17
- CLCAOSaema Somalya Feb 24, 2025 to now18
- Chief Accounting OfficerLuke Tavis Mar 10, 2025 to now19
- Vice chairJoshua Hug May 29, 2024 to now20
- Chief Accounting OfficerGail A. Miller Jun 1, 2023 to Feb 27, 202521
- Chief Technology OfficerAnkur Sinha Oct 3, 2022 to now22
- EVP, Customer and CultureRene Yoakum Oct 3, 2022 to Dec 17, 202423
- Board memberSebastian J. Gunningham Feb 23, 2026 to now12
- Board memberAdam Messinger Apr 14, 2026 to now24
- Board memberPhyllis J. Campbell Apr 7, 2023 to now25
- Board memberRyno Blignaut Apr 7, 2023 to now26
- Board memberBora Chung Sep 22, 2021 to now27
- Board memberCharles H. Stonecipher Sep 22, 2021 to May 26, 202228
- Board memberJoshua Hug Sep 22, 2021 to now16
- Board memberMargaret Mary Smyth Sep 22, 2021 to now29
- Board memberMatthew B. Oppenheimer Sep 22, 2021 to now13
- Board memberMoal Laurent Le Sep 22, 2021 to now30
- Board memberNigel W. Morris Sep 22, 2021 to now31
- Board memberPhillip John Riese Sep 22, 2021 to now32
- Board memberRon Shah Sep 22, 2021 to Jun 2, 202333
Named in SEC Form D filings
People the company listed in its private-offering notices.
- DirectorLaurent B. Le Moal named Apr 29, 202434
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Remitly Canada, Inc. Canada3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Aug 5, 20268-K Results of operations; Regulation FD disclosure35
- Jun 11, 20268-K Shareholder vote36
- Jun 8, 20268-K Executive or director change37
- May 6, 20268-K Results of operations; Regulation FD disclosure38
- Apr 10, 20268-K Executive or director change39
- Mar 20, 20268-K Executive or director change40
- Feb 23, 2026New chief executive Sebastian J. Gunningham becomes CEO12
- Feb 18, 20268-K Results of operations; Regulation FD disclosure41
- Feb 18, 20268-K Executive or director change42
- Nov 5, 20258-K Results of operations; Regulation FD disclosure43
- Aug 6, 20258-K Results of operations; Regulation FD disclosure44
- Jun 27, 20258-K Entered a material agreement; Ended a material agreement; New debt or obligation45
- Jun 13, 20258-K Shareholder vote; Regulation FD disclosure46
- Sep 22, 2021New chief executive Matthew B. Oppenheimer becomes CEO13
Calendar
Coming up
- Nov 4, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.04 a share, on Nov 5, 2025.47
When it reported results
- Aug 5, 2026Reported quarterly or annual results35
- May 6, 2026Reported quarterly or annual results38
- Feb 18, 2026Reported quarterly or annual results41
- Nov 5, 2025Reported quarterly or annual results43
- Aug 6, 2025Reported quarterly or annual results44
- May 7, 2025Reported quarterly or annual results48
- Feb 19, 2025Reported quarterly or annual results49
- Oct 30, 2024Reported quarterly or annual results50
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
672 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 42 major events, 425 insider forms, 30 large holders, 2 private raises, 153 other. The latest 20:
- Oct 8, 20264 EDGAR
- Oct 7, 2026144 EDGAR
- Oct 6, 2026144 EDGAR
- Sep 10, 20264 EDGAR
- Sep 9, 2026144 EDGAR
- Sep 8, 2026144 EDGAR
- Sep 4, 20264 EDGAR
- Aug 31, 20264 EDGAR
- Aug 28, 2026144 EDGAR
- Aug 26, 20264 EDGAR
- Aug 26, 20264 EDGAR
- Aug 26, 20264 EDGAR
- Aug 26, 20264 EDGAR
- Aug 25, 2026144 EDGAR
- Aug 19, 20264 EDGAR
- Aug 17, 20264 EDGAR
- Aug 13, 20264 EDGAR
- Aug 13, 20264 EDGAR
- Aug 12, 2026144 EDGAR
- Aug 12, 2026144 EDGAR
The 672 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
204 open-market trades by officers, directors and large owners since October 2021: 7 buys and 197 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 9, 2026 | Hug JoshuaDirector | Sale | 5,500 | $24.30 | $133.7K | Form 4 |
| Sep 8, 2026 | Hug JoshuaDirector | Sale | 5,500 | $25.03 | $137.7K | Form 4 |
| Sep 2, 2026 | MORRIS NIGEL WDirector | Sale | 6,300 | $27.03 | $170.3K | Form 4 |
| Aug 28, 2026 | Sharma PankajChief Business Officer | Sale | 21,000 | $26.39 | $554.2K | Form 4 |
| Aug 25, 2026 | Mehta Vikas DChief Financial Officer | Sale | 25,000 | $26.15 | $653.8K | Form 4 |
| Aug 24, 2026 | MORRIS NIGEL WDirector | Sale | 16,751 | $26.56 | $444.9K | Form 4 |
| Aug 18, 2026 | MORRIS NIGEL WDirector | Sale | 3,249 | $26.53 | $86.2K | Form 4 |
| Aug 17, 2026 | MORRIS NIGEL WDirector | Sale | 20,000 | $26.26 | $525.2K | Form 4 |
| Aug 14, 2026 | MORRIS NIGEL WDirector | Sale | 20,000 | $26.20 | $524.0K | Form 4 |
| Aug 13, 2026 | MORRIS NIGEL WDirector | Sale | 11,000 | $25.59 | $281.5K | Form 4 |
| Aug 12, 2026 | Hug JoshuaDirector | Sale | 5,500 | $23.84 | $131.1K | Form 4 |
| Aug 12, 2026 | Riese Phillip JohnDirector | Sale | 69,818 | $23.54 | $1.6M | Form 4 |
| Aug 11, 2026 | Hug JoshuaDirector | Sale | 5,500 | $23.65 | $130.1K | Form 4 |
| Aug 11, 2026 | Riese Phillip JohnDirector | Sale | 100,000 | $23.73 | $2.4M | Form 4 |
| Aug 7, 2026 | Riese Phillip JohnDirector | Sale | 160,182 | $24.94 | $4.0M | Form 4 |
| Aug 7, 2026 | MORRIS NIGEL WDirector | Sale | 8,938 | $25.43 | $227.3K | Form 4 |
| Jul 17, 2026 | Hug JoshuaDirector | Sale | 5,500 | $24.11 | $132.6K | Form 4 |
| Jul 16, 2026 | Sharma PankajChief Business Officer | Sale | 15,000 | $25.03 | $375.4K | Form 4 |
| Jul 16, 2026 | Hug JoshuaDirector | Sale | 367,500 | $25.18 | $9.3M | Form 4 |
| Jul 15, 2026 | Hug JoshuaDirector | Sale | 314,768 | $24.93 | $7.8M | Form 4 |
All 204 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- N.v. ProsusSCHEDULE 13G/A, 4 filings Feb 11, 2022 to Aug 11, 202651
- BlackRockSCHEDULE 13G/A, 5 filings Feb 2, 2024 to Jul 29, 202652
- FMR LLCSCHEDULE 13G/A, 2 filings May 6, 2026 to Jul 8, 202653
- VANGUARD GROUP INCSCHEDULE 13G/A, 3 filings Feb 9, 2023 to Mar 27, 202654
- BAILLIE GIFFORD & COSCHEDULE 13G/A, 3 filings Jan 26, 2024 to Feb 9, 202655
- CADIAN CAPITAL MANAGEMENT, LPSCHEDULE 13G/A, 2 filings Nov 13, 2024 to Feb 13, 202556
- GENERATION INVESTMENT MANAGEMENT LLPSC 13G/A, 3 filings Feb 14, 2022 to Feb 14, 202457
- JPMorgan ChaseSC 13G/A, 2 filings Jan 13, 2023 to Jan 4, 202458
- Stripes Holdings, LLCSC 13G/A, 2 filings Feb 14, 2022 to Feb 16, 202359
- Threshold Ventures I, L.P.SC 13G/A, 2 filings Feb 9, 2022 to Feb 1, 202360
- Trilogy Equity Partners, LLCSC 13G/A, 2 filings Feb 11, 2022 to Mar 21, 202261
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Ankur SinhaChief Product and Technology Officer | $290.0K | $4.1M62 | |
| 2025 | Pankaj SharmaChief Business Officer | $290.0K | $3.9M62 | |
| 2025 | Vikas MehtaChief Financial Officer | $290.0K | $3.0M62 | |
| 2025 | Saema SomalyaChief Legal and Corporate Affairs Officer | $290.0K | $2.0M62 | |
| 2025 | Matthew OppenheimerChairperson and Chief Executive Officer | 43 | $290.0K | $296.1K62 |
| 2024 | Vikas MehtaChief Financial Officer | $107.7K | $13.3M62 | |
| 2024 | Ankur SinhaChief Product and Technology Officer | $290.0K | $10.1M62 | |
| 2024 | Pankaj SharmaChief Business Officer | $4.9M | $5.4M62 | |
| 2024 | Matthew OppenheimerChairperson and Chief Executive Officer | 43 | $290.0K | $296.1K62 |
| 2023 | Pankaj SharmaChief Business Officer | $3.6M | $4.0M62 | |
| 2023 | Matthew OppenheimerChairperson and Chief Executive Officer | 43 | $290.0K | $291.1K62 |
| 2023 | Ankur SinhaChief Product and Technology Officer | $290.0K | $290.1K62 |
Money raised
Private offerings the company reported to the SEC on Form D.
- Jan 5, 2023Raised $6.7 million in a private offering of equity Form D: $6.8 million offered in all Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Fmr LLC | 21,762,765 | $487.7M | 0.0% | +11,026,661 |
| BlackRock, Inc. | 18,328,953 | $410.8M | 0.0% | +3,643,400 |
| Baillie Gifford & Co | 12,383,664 | $277.5M | 0.3% | +565,357 |
| Vanguard Portfolio Management LLC | 10,319,076 | $231.3M | 0.0% | +2,857,284 |
| Goldman Sachs Group Inc | 8,525,927 | $191.1M | 0.0% | +6,244,067 |
| Vanguard Capital Management LLC | 7,994,715 | $179.2M | 0.0% | +467,491 |
| State Street Corp | 6,873,333 | $154.0M | 0.0% | +2,992,769 |
| Generation Investment Management Llp | 4,892,320 | $109.6M | 1.1% | −2,800,000 |
| Geode Capital Management, LLC | 4,762,237 | $106.7M | 0.0% | +474,921 |
| Marshall Wace, Llp | 4,757,532 | $106.6M | 0.1% | −1,641,843 |
| Divisadero Street Capital Management, LP | 3,719,086 | $83.3M | 1.9% | +2,665,529 |
| Dimensional Fund Advisors LP | 3,446,998 | $77.3M | 0.0% | +310,710 |
| Capital International Investors | 2,985,869 | $66.9M | 0.0% | +349,324 |
| Wellington Management Group Llp | 2,842,041 | $63.7M | 0.0% | −62,592 |
| Lead Edge Capital Management, LLC | 2,687,772 | $60.2M | 10.9% | −1,084,183 |
| Morgan Stanley | 2,427,814 | $54.4M | 0.0% | +1,418,248 |
| Arrowstreet Capital, Limited Partnership | 2,424,026 | $54.3M | 0.0% | −2,313,445 |
| D. E. Shaw & Co., Inc. | 2,221,147 | $49.8M | 0.0% | −109,475 |
| First Eagle Investment Management, LLC | 2,145,508 | $48.1M | 0.0% | +1,314,054 |
| Aqr Capital Management LLC | 2,004,231 | $44.9M | 0.0% | +26,183 |
| Fuller & Thaler Asset Management, Inc. | 1,978,792 | $44.3M | 0.1% | +43,691 |
| Northern Trust Corp | 1,924,119 | $43.1M | 0.0% | +368,833 |
| Nuveen, LLC | 1,812,472 | $40.6M | 0.0% | +568,292 |
| Charles Schwab Investment Management Inc | 1,671,105 | $37.4M | 0.0% | +260,369 |
| Oberweis Asset Management Inc/ | 1,570,400 | $35.2M | 0.7% | +116,100 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Remitly Global, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARRemitly Global, Inc.1
- CIK0001782170
- Employer ID (EIN)83-23011434
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
- Incorporated inDelaware4
- Fiscal year endsDecember 311
- Industry code (SIC)7389 Services-Business Services, NEC1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business addressRemitly Global, Inc., 401 Union Street, Suite 1000, Seattle, WA 981011
- Phone206-535-61521
- Shares outstanding211,684,054 as of Aug 3, 202611
- Public float$3.2B as of Jun 30, 20254
- AuditorPricewaterhouseCoopers LLP, Seattle, Washington PCAOB ID 238; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceJul 12, 20191
- Filings718 in all: 4 (415), 144 (134), 8-K (42), 3 (27), 10-Q (15), SC 13G (12), SC 13G/A (9), SCHEDULE 13G/A (8)1
All 29 form types
CORRESP (7), S-8 (7), 10-K (5), DEF 14A (5), UPLOAD (5), ARS (4), D (4), DEFA14A (4), D/A (2), S-1/A (2), 144/A (1), 3/A (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), DRS/A (1), DRSLTR (1), EFFECT (1), S-1 (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Feb 18, 2026
Quarterly report (10-Q) Aug 5, 2026
Proxy statement (DEF 14A) Apr 24, 2026
Latest 8-K (8-K) Aug 5, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.0001 par value | RELY | The NASDAQ Global Select Market |
From the cover page of the 10-K filed Feb 18, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks Remitly Global, Inc. names in Item 1A of its 10-K filed Feb 18, 2026: 65 risks under these headings, as written.4
- Business and Industry Risks
- We operate in a highly competitive and evolving industry and may be unable to compete successfully against existing and future competitors that employ a variety of existing business models and technologies or new innovations.
- We may not be able to innovate, improve existing products, or develop new products that achieve acceptance.
- We have grown rapidly in recent years and have limited operating experience at our current scale. If we are unable to manage our growth effectively, our business and operating results may be impacted. We also may not be able to sustain our growth rate in the future.
- We partner with third parties to support fulfillment of our services, including risk management, payment processing, customer support, cloud hosting, and disbursement, which exposes us to risks outside of our control.
- If we, our partners, or our industry generally are unable to provide a high-quality and secure customer experience in the various locales in which we operate, our brand could suffer reputational damage and our business results could be harmed.
- We transfer large sums of customer funds daily and are subject to the risk of loss due to errors or fraudulent or illegitimate activities of customers or third parties, any of which could result in financial losses or damage to our reputation and trust in our brand, which would harm our business and financial results.
- Our failure to manage our customer funds properly could materially harm our business.
- In prior periods, we have experienced operating losses, and there is no assurance that our business will remain profitable.
- Our recent rapid growth, including growth in our volume of payments, may not be indicative of our future growth. Our rapid growth also makes it difficult to evaluate our future prospects and may increase the risk that we will not be successful.
- Cybersecurity, Privacy, Intellectual Property, and Technology Risks
- Cyberattacks, cybersecurity breaches, service outages, or other similar incidents could result in serious harm to our business, financial condition, operating results, reputation, and future prospects, including by triggering regulatory action or a breach of our agreements with significant partners that we rely on to deliver our services.
The other 55 risks
- We are subject to numerous privacy, cybersecurity, and AI laws, rules, regulations, industry standards, and other obligations across multiple jurisdictions which are highly complex, overlapping, frequently changing, and which create compliance challenges that may expose us to substantial costs, liabilities, or loss of customer trust. Our actual or perceived failure to comply with these obligations could harm our business.
- Any significant interruption or failure of our system availability, including failure to successfully implement upgrades or new technologies to our mobile app or website, could adversely affect our business, financial condition, operating results, reputation, and future prospects.
- If we are unable to adequately obtain, maintain, protect, defend, or enforce our IP Rights, our business, financial condition, operating results, reputation, and future prospects could be harmed.
- Our use and provision of AI-powered solutions could lead to operational or reputational damage, legal and regulatory risk, and additional costs.
- If we fail to comply with our obligations under license or technology agreements with third parties, or if we cannot license rights to use technologies on reasonable terms, we could be required to pay damages, lose license rights that are critical to our business, or be unable to commercialize new products and services in the future.
- Assertions by third parties of infringement, misappropriation, or other violations by us of their IP Rights could result in significant costs and substantially harm our business and operating results.
- Our use of open source and third-party technology could impose limitations on our ability to offer our products and services to customers.
- If we do not or cannot maintain the compatibility of our product offerings with the most popular mobile, desktop, and tablet device and browser platforms, our revenue and growth prospects may decline.
- Legal and Compliance Risks
- Any failure to obtain or maintain necessary licenses, permissions, approvals, or registrations (“Licenses”) across our global footprint could adversely affect our operations.
- Our fees, profit margins, and/or our ability to offer foreign exchange spreads may be reduced or limited because of regulatory initiatives and changes in laws and regulations or their interpretation and industry practices and standards that are either industry-wide or specifically targeted at our Company.
- The enhanced supervisory and compliance environment in the financial sector increases the risk of regulatory action against us, whether formal or informal.
- Use of our service for illegal, improper, or fraudulent activities could harm our business, financial condition, operating results, reputation, and future prospects.
- Governments may decide to impose restrictions or levy new taxes on money transfers or other digital financial services provided by us, which would harm our business, financial condition, operating results, and future prospects.
- Failure to comply with sanctions laws, anti-terrorist financing laws, anti-money laundering laws, and similar laws associated with our activities outside of the United States, and anti-corruption laws could subject us to penalties and other adverse consequences.
- If our disbursement partners fail to comply with applicable laws, it could harm our business.
- Failure to comply with global and evolving marketing laws could subject us to claims or otherwise harm our business.
- From time to time, we may be subject to legal proceedings, disciplinary actions, regulatory disputes, and governmental investigations that could cause us to incur significant expenses, divert our management’s attention, and materially harm our business, financial condition, operating results, and future prospects.
- Operational Risks
- We are exposed to the risk of loss or insolvency if our disbursement partners fail to disburse funds according to our instructions or become insolvent, or funds are disbursed before customer funds are guaranteed to be sufficient.
- If there is any material change of service terms or loss of coverage in our payment processors and disbursement network, our business could be harmed.
- If our disbursement partners do not provide a positive recipient experience, our business, financial condition, operating results, and future prospects could be harmed.
- Increases in various types of fees, such as interchange fees, payment scheme fees, and disbursement fees, could increase our costs, affect our profitability, cause us to lose customers, or otherwise limit our operations.
- The loss of one or more key members of our management team, or our failure to attract, integrate, and retain other highly qualified personnel in the future, could harm our business.
- If we cannot maintain our company culture as we grow, our success and our business may be harmed.
- Interruptions or delays in the services provided by data centers or internet service providers could impair the delivery of our services and our business could be impacted.
- Sustained financial market illiquidity, or illiquidity at our partner financial institutions, could harm our business, financial condition, operating results, and future prospects.
- Acquisitions, strategic investments, partnerships, collaborations, or alliances could be difficult to identify and integrate, divert the attention of management, disrupt our business, dilute stockholder value, and adversely affect our business, financial condition, operating results, and future prospects.
- Remitly Global is a holding company with no operations of its own and is the ultimate parent of a network of subsidiaries, each of which is subject to different regulations. In the future, we may depend on our subsidiaries to fund our operations and expenses.
- Expansion into new international jurisdictions and payment corridors exposes us to risks associated with handling of additional currencies and compliance with local regulations and law.
- Risks associated with operations outside the United States and foreign currencies could adversely affect our business, financial condition, operating results, and future prospects.
- Historically, a substantial amount of our revenue has been derived from cross-border payments to India, Mexico, and the Philippines, and our business could be significantly affected by any adverse changes in these regions.
- Financial Risks
- If we fail to maintain effective internal control over financial reporting, the accuracy and timing of our financial reporting may be adversely affected.
- If one or more of our counterparties, including financial institutions, aggregators, and local cash pick-up institutions where we have cash on deposit, or our lenders and potential hedging counterparties, default on their financial or performance obligations to us or fail, we may incur significant losses.
- We have built proprietary, and leverage third-party, financial systems as part of our technology stack. Such financial systems could become unstable, include defects, experience outages, and include undetected errors, each of which could adversely affect our business, financial condition, operating results, and future prospects.
- The development and use of quantitative models in our business may present risks and challenges that could adversely impact us.
- We expect fluctuations in our financial results, making it difficult to project future results, and if we fail to meet the expectations of securities analysts or investors with respect to our operating results, our stock price and the value of your investment could decline.
- Inaccurate forecasts of our customer growth and retention could result in higher operating expenses relative to actual revenue and ultimately harm our business.
- If the revenue generated by new customers differs significantly from our expectations, or if our customer acquisition costs or costs associated with servicing our customers increase, we may not be able to recover our customer acquisition costs or generate profits from this investment.
- Our ability to use our tax attributes may be subject to certain limitations which could harm our business, financial condition, operating results, and future prospects.
- Changes and evolving requirements in tax laws or their interpretation, including as applied to us and our customers, could adversely affect our business.
- We may not be able to secure additional financing in a timely manner, on satisfactory terms, or at all, to meet our future capital needs, which could impair our ability to execute on our business plan.
- Failure to maintain sufficient capital could harm our business, financial condition, operating results, and future prospects.
- The liquidity product we offer exposes us to financial losses and if a substantial number of our customers do not repay the cross-border payment advances provided, or if our performance forecasts for the product are not accurate, our business, financial condition, operating results, and future prospects may be impacted.
- Changes in our effective tax rate or tax liability may adversely affect our operating results.
- If our estimates or judgments relating to our critical accounting estimates prove to be incorrect, our operating results could be adversely affected.
- We track certain business metrics with internal tools and do not independently verify such metrics. Certain of our business metrics may not accurately reflect certain details of our business, are subject to inherent challenges in measurement, and real or perceived inaccuracies in such metrics may harm our reputation and negatively affect our business.
- General Risk Factors
- Our customers and business operations in countries and regions that account for a significant amount of our send volume and our operations are exposed to rapid changes in laws and the enforcement of laws, macroeconomic conditions, and geopolitical developments that expose us to a risk of loss and could adversely affect our business, financial condition, operating results, and future prospects.
- Risks Related to Ownership of Our Common Stock
- The price of our common stock has been, and may continue to be, volatile or may decline regardless of our operating performance, and you may lose part or all of your investment.
- We cannot guarantee that our share repurchase program will be fully consummated or that it will enhance long-term stockholder value. Share repurchases could also affect the trading price of our stock and may reduce working capital.
- Concentration of ownership of our common stock among our existing executive officers, directors, and principal stockholders may prevent new investors from influencing significant corporate decisions.
- Future sales of our common stock in the public market could cause the market price of our common stock to decline.
- Anti-takeover provisions in our charter documents and under Delaware or other state law could make an acquisition of our Company more difficult, limit attempts by our stockholders to replace or remove our current management, and affect the market price of our common stock.
- Increased scrutiny from regulators, investors, and other stakeholders regarding our environmental, social, governance or sustainability responsibilities, strategy, and related disclosures could result in additional costs or risks and adversely impact our reputation, employee retention, and willingness of consumers and merchants to do business with us.
- We do not intend to pay dividends for the foreseeable future and, as a result, your ability to achieve a return on your investment will depend on appreciation in the price of our common stock.
- If securities or industry analysts publish unfavorable or inaccurate research about our business, our stock price and trading volume could decline.
- Our amended and restated certificate of incorporation contains exclusive forum provisions for certain claims, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers, or employees.
Legal proceedings
From time to time, we may be subject to legal or regulatory proceedings and claims in the ordinary course of business, including intellectual property, privacy, cybersecurity, commercial, product liability, employment, class action, whistleblower, and other litigation and claims, as well as governmental and other regulatory investigations and proceedings. In addition, third parties may from time to time assert claims against us in the form of letters and other communications. We are not currently a party to any legal or regulatory proceedings that we believe to be material to our business or financial condition. The results of any future litigation cannot be predicted with certainty, and regardless of the outcome, litigation can have an adverse impact on us because of defense and settlement costs, diversion of management resources, and other factors.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16SEC EDGARJoshua Hug, Chief operating officer
- 17
- 18SEC EDGARSaema Somalya, CLCAO
- 19SEC EDGARLuke Tavis, Chief Accounting Officer
- 20SEC EDGARJoshua Hug, Vice chair
- 21
- 22
- 23
- 24SEC EDGARAdam Messinger, Board member
- 25SEC EDGARPhyllis J. Campbell, Board member
- 26SEC EDGARRyno Blignaut, Board member
- 27SEC EDGARBora Chung, Board member
- 28SEC EDGARCharles H. Stonecipher, Board member
- 29SEC EDGARMargaret Mary Smyth, Board member
- 30SEC EDGARMoal Laurent Le, Board member
- 31SEC EDGARNigel W. Morris, Board member
- 32SEC EDGARPhillip John Riese, Board member
- 33SEC EDGARRon Shah, Board member
- 34
- 35
- 36SEC EDGARShareholder vote
- 37SEC EDGARExecutive or director change
- 38
- 39SEC EDGARExecutive or director change
- 40SEC EDGARExecutive or director change
- 41
- 42SEC EDGARExecutive or director change
- 43
- 44
- 45
- 46
- 47NasdaqNasdaq calendar
- 48
- 49
- 50
- 51
- 52
- 53
- 54
- 55
- 56
- 57
- 58
- 59
- 60
- 61
- 62