Digital Remittance Giant | Explore Remitly's impressive growth in the digital remittance sector, with a 38% year-over-year increase in send volume and expanding market share |
Competitive Edge | Delve into Remitly's strategic focus on lower-income customers and digital-first solutions, setting it apart in an increasingly crowded market |
Growth Trajectory | Learn about Remitly's ambitious expansion plans, targeting new corridors and aiming for a 20-25% long-term revenue CAGR over the next five years |
Analyst Perspectives | Discover varied analyst views on Remitly's potential, with price targets ranging from $16 to $32, reflecting optimism about its profitability and growth |
Remitly Global, Inc. provides digital financial services for immigrants, their families, and other citizens in the United States, Canada, and internationally. It primarily offers cross-border remittance services through mobile application and website. The company was founded in 2011 and is headquartered in Seattle, Washington.
Metrics to compare | RELY | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipRELYPeersSector | |
---|---|---|---|---|
P/E Ratio | −24.8x | 9.3x | 8.7x | |
PEG Ratio | −6.28 | 0.00 | 0.03 | |
Price/Book | 4.5x | 3.4x | 1.0x | |
Price / LTM Sales | 2.4x | 2.3x | 2.7x | |
Upside (Analyst Target) | 65.5% | 14.1% | 11.7% | |
Fair Value Upside | Unlock | 13.8% | 2.8% | Unlock |