Lead Edge Capital Increases Remitly Holdings to 14.4% of AUM
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 12 2026
0mins
Should l Buy RELY?
Source: Fool
Remitly Global Inc's stock fell by 8.66% as it crossed below the 5-day SMA, reflecting broader market weakness with the Nasdaq-100 down 1.70% and S&P 500 down 1.49%.
Lead Edge Capital Management disclosed a purchase of 1,425,420 shares of Remitly Global during Q4 2025, representing an estimated $20.71 million trade, indicating strong confidence in the company's prospects. Following this acquisition, Remitly now constitutes 14.4% of Lead Edge's portfolio with a total holding value of $56.03 million, reflecting a $13.08 million increase from the previous quarter, which suggests optimistic market expectations for future growth.
Despite a 50% decline in share price over the past year, Remitly's stock has surged approximately 28% this year, indicating a gradual restoration of investor confidence in its future development.
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Analyst Views on RELY
Wall Street analysts forecast RELY stock price to rise
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 15.320
Low
17.00
Averages
22.67
High
28.00
Current: 15.320
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.
Director Sells 29K Shares of RELY for $522K
- Transaction Overview: On March 4, 2026, Remitly Global's Director Joshua Hug disclosed the sale of 29,049 shares of common stock for approximately $522,301, indicating a routine operation under a preset trading plan as per SEC Form 4.
- Holding Status: The shares sold represent less than 1% of Hug's directly held 3,575,733 shares, indicating a minor trim, while he still retains over 3.5 million shares, reflecting ongoing confidence in the company.
- Plan Influence: This transaction was executed under a Rule 10b5-1 trading plan established on December 5, 2024, suggesting that Hug locked in the sale schedule months prior, thus it does not reflect his current sentiment towards the stock.
- Market Performance: With a market capitalization of $3.40 billion and a 22.9% decline in stock price over the past year, while Hug's sale is not seen as a bearish signal, the company must remain vigilant regarding market dynamics to maintain investor confidence.
See More
Naspers Sells 12 Million Remitly Shares for $191.8 Million
- Transaction Overview: Naspers sold 12 million shares of Remitly in an open-market transaction for approximately $191.8 million, indicating a significant reduction in its stake in the company.
- Ownership Change: This sale decreased Naspers' indirect ownership from 25.4 million shares to 13.4 million shares, a reduction of 47.17%, while direct holdings remained at zero, suggesting diminished influence over Remitly.
- Sale Structure: The shares were sold through indirect holding entities, specifically via PayU Fintech Investments B.V., with ultimate control resting with Naspers and Prosus N.V., and no direct transactions or gifts were reported.
- Strategic Exit Intent: Naspers has publicly categorized Remitly as a non-strategic asset and is executing a broader $2 billion divestiture program targeting non-core holdings, indicating that this sale is part of a deliberate strategy, which will reduce future transaction transparency.
See More
Naspers Sells Remitly Shares in $191.8 Million Transaction
- Sale Scale: On March 12, 2026, Naspers sold 12 million shares of Remitly common stock through indirect means for approximately $191.8 million, reducing its indirect holdings to 13,441,745 shares, which impacts its investment strategy in Remitly.
- Ownership Change: This transaction drops Naspers' indirect ownership below the 10% threshold, altering SEC reporting requirements, meaning future transactions will not need to be reported individually, complicating investor tracking of Naspers' activities.
- Strategic Exit Plan: Naspers has classified Remitly as a non-strategic asset and is executing a broader $2 billion divestiture program targeting non-core holdings, indicating a strategic reassessment of its investment portfolio.
- Market Reaction and Outlook: Although Naspers retains about 13.4 million shares of Remitly, the clear direction of this sale suggests that investors should view it as part of a strategic adjustment rather than a negative reaction to Remitly itself.
See More
Remitly: A Potential Winner in the AI Era
- Market Reaction and Stock Volatility: Despite Remitly's revenue growing over 500% cumulatively in the past five years, its stock has fallen 69% from all-time highs, reflecting market concerns about its position in the AI and stablecoin era.
- Customer Base Expansion: By leveraging direct banking connections and a user-friendly mobile app, Remitly has successfully attracted 9.3 million active customers, significantly enhancing its competitiveness in the international remittance market.
- Stablecoin Utilization and Cost Control: Remitly is already using stablecoins on its balance sheet to minimize transfer costs, which is expected to further lower customer fees and enhance its market appeal.
- Future Growth Potential: Management anticipates that by 2026, Remitly will achieve over $3 billion in revenue and adjusted EBITDA of $575 million to $600 million, indicating strong long-term investment value and profitability potential.
See More
Remitly: Disruptive Growth Potential Ahead
- Market Share Growth: Remitly has seen its revenue grow over 500% cumulatively in the past five years, and despite a 69% drop from all-time highs, it continues to expand its share in the remittance market, indicating strong demand and long-term investment potential.
- Stablecoin Utilization: The company is already using stablecoins on its balance sheet to minimize transfer costs, allowing for more competitive customer fees, which not only enhances customer satisfaction but also opens new avenues for future revenue growth.
- AI Technology Integration: Remitly is leveraging artificial intelligence to improve customer experience and cost-effectiveness of automated support services, with expectations that this technological application will further strengthen its market competitiveness and drive sustained revenue growth in the coming years.
- Future Financial Outlook: Management anticipates that by 2026, Remitly will generate over $3 billion in revenue and adjusted EBITDA of $575 million to $600 million, with a forward P/E ratio of just 8 based on current stock prices, highlighting the investment attractiveness of the stock.
See More
Remitly (RELY) Q4 2025 Earnings Call Transcript
See More
Director Sells 29K Shares of RELY for $522K
- Transaction Overview: On March 4, 2026, Remitly Global's Director Joshua Hug disclosed the sale of 29,049 shares of common stock for approximately $522,301, indicating a routine operation under a preset trading plan as per SEC Form 4.
- Holding Status: The shares sold represent less than 1% of Hug's directly held 3,575,733 shares, indicating a minor trim, while he still retains over 3.5 million shares, reflecting ongoing confidence in the company.
- Plan Influence: This transaction was executed under a Rule 10b5-1 trading plan established on December 5, 2024, suggesting that Hug locked in the sale schedule months prior, thus it does not reflect his current sentiment towards the stock.
- Market Performance: With a market capitalization of $3.40 billion and a 22.9% decline in stock price over the past year, while Hug's sale is not seen as a bearish signal, the company must remain vigilant regarding market dynamics to maintain investor confidence.
See More
Naspers Sells 12 Million Remitly Shares for $191.8 Million
- Transaction Overview: Naspers sold 12 million shares of Remitly in an open-market transaction for approximately $191.8 million, indicating a significant reduction in its stake in the company.
- Ownership Change: This sale decreased Naspers' indirect ownership from 25.4 million shares to 13.4 million shares, a reduction of 47.17%, while direct holdings remained at zero, suggesting diminished influence over Remitly.
- Sale Structure: The shares were sold through indirect holding entities, specifically via PayU Fintech Investments B.V., with ultimate control resting with Naspers and Prosus N.V., and no direct transactions or gifts were reported.
- Strategic Exit Intent: Naspers has publicly categorized Remitly as a non-strategic asset and is executing a broader $2 billion divestiture program targeting non-core holdings, indicating that this sale is part of a deliberate strategy, which will reduce future transaction transparency.
See More
Naspers Sells Remitly Shares in $191.8 Million Transaction
- Sale Scale: On March 12, 2026, Naspers sold 12 million shares of Remitly common stock through indirect means for approximately $191.8 million, reducing its indirect holdings to 13,441,745 shares, which impacts its investment strategy in Remitly.
- Ownership Change: This transaction drops Naspers' indirect ownership below the 10% threshold, altering SEC reporting requirements, meaning future transactions will not need to be reported individually, complicating investor tracking of Naspers' activities.
- Strategic Exit Plan: Naspers has classified Remitly as a non-strategic asset and is executing a broader $2 billion divestiture program targeting non-core holdings, indicating a strategic reassessment of its investment portfolio.
- Market Reaction and Outlook: Although Naspers retains about 13.4 million shares of Remitly, the clear direction of this sale suggests that investors should view it as part of a strategic adjustment rather than a negative reaction to Remitly itself.
See More
Remitly: A Potential Winner in the AI Era
- Market Reaction and Stock Volatility: Despite Remitly's revenue growing over 500% cumulatively in the past five years, its stock has fallen 69% from all-time highs, reflecting market concerns about its position in the AI and stablecoin era.
- Customer Base Expansion: By leveraging direct banking connections and a user-friendly mobile app, Remitly has successfully attracted 9.3 million active customers, significantly enhancing its competitiveness in the international remittance market.
- Stablecoin Utilization and Cost Control: Remitly is already using stablecoins on its balance sheet to minimize transfer costs, which is expected to further lower customer fees and enhance its market appeal.
- Future Growth Potential: Management anticipates that by 2026, Remitly will achieve over $3 billion in revenue and adjusted EBITDA of $575 million to $600 million, indicating strong long-term investment value and profitability potential.
See More
Remitly: Disruptive Growth Potential Ahead
- Market Share Growth: Remitly has seen its revenue grow over 500% cumulatively in the past five years, and despite a 69% drop from all-time highs, it continues to expand its share in the remittance market, indicating strong demand and long-term investment potential.
- Stablecoin Utilization: The company is already using stablecoins on its balance sheet to minimize transfer costs, allowing for more competitive customer fees, which not only enhances customer satisfaction but also opens new avenues for future revenue growth.
- AI Technology Integration: Remitly is leveraging artificial intelligence to improve customer experience and cost-effectiveness of automated support services, with expectations that this technological application will further strengthen its market competitiveness and drive sustained revenue growth in the coming years.
- Future Financial Outlook: Management anticipates that by 2026, Remitly will generate over $3 billion in revenue and adjusted EBITDA of $575 million to $600 million, with a forward P/E ratio of just 8 based on current stock prices, highlighting the investment attractiveness of the stock.
See More
Remitly (RELY) Q4 2025 Earnings Call Transcript
See More
