Remitly Announces Upcoming Investor Conference Schedule
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 9 hours ago
0mins
Should l Buy RELY?
Source: Newsfilter
- Investor Conference Schedule: Remitly will host a virtual webinar with Cantor on May 13, 2026, featuring CEO Sebastian Gunningham and CFO Vikas Mehta in a Q&A session, which is expected to enhance investor engagement and transparency.
- Participation in Tech Conference: The company will participate in the J.P. Morgan Global Technology, Media, and Communications Conference on May 18, 2026, where the CEO and CFO will engage in a fireside chat, enhancing interaction with investors and boosting brand image.
- Multiple Conference Agenda: Remitly is also set to attend the Bernstein Strategic Decisions Conference on May 27, 2026, and the Bank of America Global Technology Conference on June 4, showcasing its diversified strategy in the financial services sector and further solidifying its market position.
- Global Reach: As a leading provider of cross-border financial services, Remitly's operations in over 175 countries enable it to attract global investor interest, enhancing its competitiveness in the international market.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy RELY?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on RELY
Wall Street analysts forecast RELY stock price to fall
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 24.280
Low
17.00
Averages
22.67
High
28.00
Current: 24.280
Low
17.00
Averages
22.67
High
28.00
About RELY
Remitly Global, Inc. is a provider of digital financial services that transcend borders, in over 170 countries around the world. Its cross-border payments app helps customers with a fast, reliable, and transparent money movement experience. The Company’s technology platform is purpose-built to localize consumer experiences, enables a robust network of partner integrations, and uses data to optimize business performance. The Company provides a digital cross-border remittance product that is accessible via its mobile app or the Web. It offers a mobile-centric suite of products, global network, localization expertise at scale and a data-driven approach. Its mobile app for cross-border remittances provides an easy-to-use, end-to-end process. The Company's global network of funding and disbursement partnerships enables it to complete money transfers in over 5,100 corridors without the need to deploy local operations in each country.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Remitly Announces Upcoming Investor Conference Schedule
- Investor Conference Schedule: Remitly will host a virtual webinar with Cantor on May 13, 2026, featuring CEO Sebastian Gunningham and CFO Vikas Mehta in a Q&A session, which is expected to enhance investor engagement and transparency.
- Participation in Tech Conference: The company will participate in the J.P. Morgan Global Technology, Media, and Communications Conference on May 18, 2026, where the CEO and CFO will engage in a fireside chat, enhancing interaction with investors and boosting brand image.
- Multiple Conference Agenda: Remitly is also set to attend the Bernstein Strategic Decisions Conference on May 27, 2026, and the Bank of America Global Technology Conference on June 4, showcasing its diversified strategy in the financial services sector and further solidifying its market position.
- Global Reach: As a leading provider of cross-border financial services, Remitly's operations in over 175 countries enable it to attract global investor interest, enhancing its competitiveness in the international market.
See More
S&P Dow Jones Indices: Bright Horizons Family Solutions and Remitly Global to be Added to S&P SmallCap 600
S&P Dow Jones Indices: The S&P Dow Jones Indices is a leading provider of financial market indices, known for its comprehensive range of benchmarks.
Bright Horizons Family Solutions: Bright Horizons Family Solutions is a prominent company that offers child care and early education services, catering to families and employers.
Remitly Global: Remitly Global is a financial technology company that specializes in international money transfers, providing services to individuals and businesses.
S&P Small Cap 600: The S&P Small Cap 600 is an index that measures the performance of small-cap companies in the U.S., reflecting the overall health of the small-cap market.
See More
Remitly Reports Exceptional Q1 2026 Earnings with Record Revenue and EBITDA
- Exceptional Financial Performance: Remitly achieved $453 million in revenue for Q1 2026, a 25% year-over-year increase, with adjusted EBITDA reaching $102 million, marking the first time it exceeded $100 million, indicating strong profitability and market demand.
- Accelerated Share Repurchase: The pace of share repurchases nearly quadrupled this quarter, totaling $44 million, reflecting management's increased confidence in the company's future growth and creating value for shareholders.
- Core Business Growth: Core send volumes grew 30% quarter-over-quarter to $22.1 billion, with active customers increasing 20% year-over-year to over 9.6 million, showcasing Remitly's robust momentum in the digital remittance market.
- Optimistic Outlook: Management expects Q2 2026 revenue to be between $483 million and $485 million, with full-year revenue guidance raised to $1.96 billion to $1.975 billion, reflecting confidence in future growth and continued market share expansion.
See More
Remitly Global Shares Surge 39.7% in April
- Significant Stock Surge: Remitly Global's shares soared 39.7% in April, reflecting strong market response to its robust growth and new product features, with a year-to-date increase of 72%, indicating a rebound in investor confidence.
- Notable Revenue Growth: The company reported a 26% year-over-year revenue increase last quarter, with a 35% rise in send volume to $20 billion, demonstrating effective business model despite still being a single-digit market share player.
- Innovative Product Integrations: In April, Remitly launched new product integrations through WhatsApp and ChatGPT, catering to customer needs, which received a positive market reaction and is expected to drive further market share gains and rapid revenue growth.
- Enhanced Profitability: The operating income reached $38.8 million last quarter with a 9% margin, the highest in the company's history, indicating that Remitly is effectively proving its profitability, and despite a 73% stock increase, its price-to-sales ratio remains below the S&P 500 average.
See More
Remitly Executive Sells 35,976 Shares Amid Strategic Shift
- Executive Stock Sale: Saema Somalya, Chief Legal and Corporate Affairs Officer of Remitly, sold 35,976 shares of common stock on April 14 and 15, 2026, totaling approximately $650,000, which reduced her direct holdings by 12.16% to 259,815 shares, valued at about $4.90 million post-transaction.
- Transaction Scale Analysis: This sale represents one of the largest single transactions in Saema's history, slightly below her previous maximum of 36,764 shares sold on March 4, 2026, and exceeds her average sale size of approximately 21,954 shares, indicating a trend of declining holdings.
- Company Financial Performance: Remitly achieved a net income of $67.9 million in 2025, a significant turnaround from a net loss of $37 million the previous year, with total revenue reaching $1.64 billion, up 29%, highlighting the company's robust growth potential in the digital remittance market.
- Strategic Shift and Market Response: With Remitly's innovative move towards AI-assisted distribution through a ChatGPT-integrated app, aimed at expanding its reach within immigrant communities, the executive stock sale raises questions, but the focus should remain on the company's evolving business strategies and market developments.
See More
Remitly Launches Cross-Border Transfer App in ChatGPT
- First Cross-Border App: Remitly's launch of its app in ChatGPT makes it the first cross-border money transfer company on the platform, addressing user needs for convenient transfer information and enhancing user experience.
- Convenient Access to Transfer Info: Users can view real-time exchange rates and compare various transfer methods, such as bank deposits and cash pickups, within ChatGPT, simplifying decision-making and improving transfer efficiency.
- Multi-Platform Strategy: This launch reflects Remitly's strategy to provide services on platforms users frequently use, having previously introduced money transfers via WhatsApp, demonstrating the company's proactive adaptation to changing customer behaviors.
- Global Business Expansion: With services spanning over 175 countries, Remitly is evolving from a remittance company into a diversified cross-border financial services provider, enhancing its competitiveness and influence in the global market.
See More
Remitly Announces Upcoming Investor Conference Schedule
- Investor Conference Schedule: Remitly will host a virtual webinar with Cantor on May 13, 2026, featuring CEO Sebastian Gunningham and CFO Vikas Mehta in a Q&A session, which is expected to enhance investor engagement and transparency.
- Participation in Tech Conference: The company will participate in the J.P. Morgan Global Technology, Media, and Communications Conference on May 18, 2026, where the CEO and CFO will engage in a fireside chat, enhancing interaction with investors and boosting brand image.
- Multiple Conference Agenda: Remitly is also set to attend the Bernstein Strategic Decisions Conference on May 27, 2026, and the Bank of America Global Technology Conference on June 4, showcasing its diversified strategy in the financial services sector and further solidifying its market position.
- Global Reach: As a leading provider of cross-border financial services, Remitly's operations in over 175 countries enable it to attract global investor interest, enhancing its competitiveness in the international market.
See More
S&P Dow Jones Indices: Bright Horizons Family Solutions and Remitly Global to be Added to S&P SmallCap 600
S&P Dow Jones Indices: The S&P Dow Jones Indices is a leading provider of financial market indices, known for its comprehensive range of benchmarks.
Bright Horizons Family Solutions: Bright Horizons Family Solutions is a prominent company that offers child care and early education services, catering to families and employers.
Remitly Global: Remitly Global is a financial technology company that specializes in international money transfers, providing services to individuals and businesses.
S&P Small Cap 600: The S&P Small Cap 600 is an index that measures the performance of small-cap companies in the U.S., reflecting the overall health of the small-cap market.
See More
Remitly Reports Exceptional Q1 2026 Earnings with Record Revenue and EBITDA
- Exceptional Financial Performance: Remitly achieved $453 million in revenue for Q1 2026, a 25% year-over-year increase, with adjusted EBITDA reaching $102 million, marking the first time it exceeded $100 million, indicating strong profitability and market demand.
- Accelerated Share Repurchase: The pace of share repurchases nearly quadrupled this quarter, totaling $44 million, reflecting management's increased confidence in the company's future growth and creating value for shareholders.
- Core Business Growth: Core send volumes grew 30% quarter-over-quarter to $22.1 billion, with active customers increasing 20% year-over-year to over 9.6 million, showcasing Remitly's robust momentum in the digital remittance market.
- Optimistic Outlook: Management expects Q2 2026 revenue to be between $483 million and $485 million, with full-year revenue guidance raised to $1.96 billion to $1.975 billion, reflecting confidence in future growth and continued market share expansion.
See More
Remitly Global Shares Surge 39.7% in April
- Significant Stock Surge: Remitly Global's shares soared 39.7% in April, reflecting strong market response to its robust growth and new product features, with a year-to-date increase of 72%, indicating a rebound in investor confidence.
- Notable Revenue Growth: The company reported a 26% year-over-year revenue increase last quarter, with a 35% rise in send volume to $20 billion, demonstrating effective business model despite still being a single-digit market share player.
- Innovative Product Integrations: In April, Remitly launched new product integrations through WhatsApp and ChatGPT, catering to customer needs, which received a positive market reaction and is expected to drive further market share gains and rapid revenue growth.
- Enhanced Profitability: The operating income reached $38.8 million last quarter with a 9% margin, the highest in the company's history, indicating that Remitly is effectively proving its profitability, and despite a 73% stock increase, its price-to-sales ratio remains below the S&P 500 average.
See More
Remitly Executive Sells 35,976 Shares Amid Strategic Shift
- Executive Stock Sale: Saema Somalya, Chief Legal and Corporate Affairs Officer of Remitly, sold 35,976 shares of common stock on April 14 and 15, 2026, totaling approximately $650,000, which reduced her direct holdings by 12.16% to 259,815 shares, valued at about $4.90 million post-transaction.
- Transaction Scale Analysis: This sale represents one of the largest single transactions in Saema's history, slightly below her previous maximum of 36,764 shares sold on March 4, 2026, and exceeds her average sale size of approximately 21,954 shares, indicating a trend of declining holdings.
- Company Financial Performance: Remitly achieved a net income of $67.9 million in 2025, a significant turnaround from a net loss of $37 million the previous year, with total revenue reaching $1.64 billion, up 29%, highlighting the company's robust growth potential in the digital remittance market.
- Strategic Shift and Market Response: With Remitly's innovative move towards AI-assisted distribution through a ChatGPT-integrated app, aimed at expanding its reach within immigrant communities, the executive stock sale raises questions, but the focus should remain on the company's evolving business strategies and market developments.
See More
Remitly Launches Cross-Border Transfer App in ChatGPT
- First Cross-Border App: Remitly's launch of its app in ChatGPT makes it the first cross-border money transfer company on the platform, addressing user needs for convenient transfer information and enhancing user experience.
- Convenient Access to Transfer Info: Users can view real-time exchange rates and compare various transfer methods, such as bank deposits and cash pickups, within ChatGPT, simplifying decision-making and improving transfer efficiency.
- Multi-Platform Strategy: This launch reflects Remitly's strategy to provide services on platforms users frequently use, having previously introduced money transfers via WhatsApp, demonstrating the company's proactive adaptation to changing customer behaviors.
- Global Business Expansion: With services spanning over 175 countries, Remitly is evolving from a remittance company into a diversified cross-border financial services provider, enhancing its competitiveness and influence in the global market.
See More
