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Upturn AI SWOT - About
RELY 
Remitly Global Inc (RELY)
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Upturn Advisory Summary
10/20/2025: RELY (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
12 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $25.67
1 Year Target Price $25.67
| 4 | Strong Buy |
| 6 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 20.22% | Avg. Invested days 50 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/20/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.21B USD | Price to earnings Ratio 259.75 | 1Y Target Price 25.67 |
Price to earnings Ratio 259.75 | 1Y Target Price 25.67 | ||
Volume (30-day avg) 12 | Beta 0.1 | 52 Weeks Range 14.28 - 27.32 | Updated Date 10/20/2025 |
52 Weeks Range 14.28 - 27.32 | Updated Date 10/20/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.06 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 0.96% | Operating Margin (TTM) 3.56% |
Management Effectiveness
Return on Assets (TTM) 1.43% | Return on Equity (TTM) 2.1% |
Valuation
Trailing PE 259.75 | Forward PE - | Enterprise Value 2832055929 | Price to Sales(TTM) 2.2 |
Enterprise Value 2832055929 | Price to Sales(TTM) 2.2 | ||
Enterprise Value to Revenue 1.94 | Enterprise Value to EBITDA 58.33 | Shares Outstanding 206193217 | Shares Floating 169028952 |
Shares Outstanding 206193217 | Shares Floating 169028952 | ||
Percent Insiders 5.69 | Percent Institutions 89.35 |
Upturn AI SWOT
Remitly Global Inc
Company Overview
History and Background
Remitly was founded in 2011 with the mission to transform the lives of immigrants and their families by providing the most trusted financial service products. It began as a digital alternative to traditional money transfer services.
Core Business Areas
- Money Transfer Services: Remitly's primary business is facilitating cross-border money transfers, allowing users to send money online or through its mobile app to recipients in various countries.
- Passbook: Passbook is Remitly's banking app for immigrants, offering checking accounts, debit cards, and other financial services. It provides a comprehensive financial solution for immigrant communities, enabling them to manage their money conveniently and securely.
Leadership and Structure
Matt Oppenheimer is the Co-Founder and CEO. The company operates with a functional organizational structure with departments such as engineering, product, marketing, and finance.
Top Products and Market Share
Key Offerings
- Money Transfer Service: Remitly's money transfer service allows users to send money online or via the app to recipients in over 170 countries. Competitors include Wise (WISE), MoneyGram (MGI), Western Union (WU), and Xoom (PayPal).
- Passbook: Passbook provides banking services (checking account and debit card) tailored to immigrants. Competitors include traditional banks and fintech companies that cater to immigrants, such as Chime and Current.
Market Dynamics
Industry Overview
The global remittance market is large and growing, driven by increasing migration and globalization. The industry is becoming increasingly digital, with fintech companies disrupting traditional players.
Positioning
Remitly is positioned as a digital-first, customer-centric money transfer provider focused on the immigrant market. Its competitive advantages include its user-friendly platform, competitive pricing, and extensive network of payout locations.
Total Addressable Market (TAM)
The global remittance market is estimated to be over $700 billion annually. Remitly is capturing an increasing share of this market, particularly in corridors serving immigrants. Remitly is well positioned to capture more of the TAM with their digital-first approach and expanding product suite.
Upturn SWOT Analysis
Strengths
- Strong brand recognition among immigrant communities
- User-friendly digital platform
- Competitive pricing
- Extensive payout network
- Focus on a specific niche market (immigrants)
Weaknesses
- Reliance on remittance flows, which can be affected by economic conditions and geopolitical events
- Exposure to regulatory risks in different jurisdictions
- High marketing costs to acquire and retain customers
- Dependence on third-party payment processors
Opportunities
- Expansion into new geographic markets
- Development of new financial service products for immigrants
- Partnerships with other businesses serving the immigrant community
- Increased adoption of digital remittance services
Threats
- Increased competition from other digital remittance providers
- Disruption from new technologies such as blockchain
- Changes in government regulations affecting remittances
- Economic downturns that reduce remittance flows
Competitors and Market Share
Key Competitors
- WU
- MGI
- WISE
- PYPL
Competitive Landscape
Remitly differentiates itself with its digital-first approach, focus on immigrants, and competitive pricing. However, it faces intense competition from established players like Western Union and MoneyGram, as well as other fintech companies.
Major Acquisitions
Paysend
- Year: 2023
- Acquisition Price (USD millions): 0
- Strategic Rationale: While not an acquisition, Remitly partnered with Paysend to expand cross-border money transfer capabilities, enabling users to send money to more countries.
Growth Trajectory and Initiatives
Historical Growth: Remitly has experienced significant revenue growth in recent years, driven by increased adoption of digital remittance services. Growth rates would be provided as numerical values taken from financial statements.
Future Projections: Analyst estimates project continued revenue growth for Remitly, driven by its expansion into new markets and its focus on the immigrant community. Specific revenue and EPS growth forecasts would be sourced from analyst reports.
Recent Initiatives: Recent initiatives include the expansion of Passbook and partnerships with other companies to enhance its service offerings.
Summary
Remitly demonstrates strength with its user-friendly digital platform and targeted focus on the immigrant market, fueling revenue growth. However, its reliance on remittance flows and regulatory exposure present challenges. Expansion into new markets and product innovation offer opportunities. Competition from established players and emerging technologies necessitate continuous adaptation.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- Financial Reports
- Market Research Reports
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be construed as investment advice. Market share data is approximate and based on available sources. Financial data and future projections are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Remitly Global Inc
Exchange NASDAQ | Headquaters Seattle, WA, United States | ||
IPO Launch date 2021-09-23 | Co-Founder, CEO, President & Director Mr. Matthew B. Oppenheimer | ||
Sector Technology | Industry Software - Infrastructure | Full time employees 2800 | Website https://www.remitly.com/us/en |
Full time employees 2800 | Website https://www.remitly.com/us/en | ||
Remitly Global, Inc. engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.
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