• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed by Remitly Global Inc. (Amendment)

    1/31/23 8:00:27 PM ET
    $RELY
    Business Services
    Consumer Discretionary
    Get the next $RELY alert in real time by email
    SC 13G/A 1 tm235047d3_sc13ga.htm SC 13G/A

     

     

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    Schedule 13G

     

    INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d)
    AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)

     

    (Amendment No. 1)*

     

    Remitly Global, Inc.

    (Name of Issuer)

     

    Common Stock, $0.0001 par value

    (Title of Class of Securities)

     

    75960P104

    (CUSIP Number)

     

    December 31, 2022

    (Date of Event Which Requires Filing of this Statement)

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     

    ¨Rule 13d-1(b)
      
    ¨Rule 13d-1(c)
      
    xRule 13d-1(d)

     

    *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

     

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

    Page 1 of 12 Pages

    Exhibit Index Contained on Page 11

     

     

     

    CUSIP NO. 75960P10413GPage 2 of 12

     

    1 NAME OF REPORTING PERSONS
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only).
         Threshold Ventures I, LP (“Threshold I”)
    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)     ¨       (b)     x
    3 SEC USE ONLY
    4 CITIZENSHIP OR PLACE OF ORGANIZATION
    Delaware
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY EACH
    REPORTING
    PERSON
    WITH
    5 SOLE VOTING POWER
    1,297,971 shares, except that Threshold Ventures I General Partner, LLC (“Threshold I GP”), the general partner of Threshold I, may be deemed to have sole power to vote these shares, and Josh Stein (“Stein”) and Andreas Stavropoulos (“Stavropoulos”), the managing members of Threshold I GP, may be deemed to have shared power to vote these shares.
    6 SHARED VOTING POWER
    See response to row 5.
    7 SOLE DISPOSITIVE POWER
    1,297,971 shares, except that Threshold I GP, the general partner of Threshold I, may be deemed to have sole power to dispose of these shares, and Stein and Stavropoulos, the managing members of Threshold I GP, may be deemed to have shared power to dispose of these shares.
      8 SHARED DISPOSITIVE POWER
    See response to row 7.
    9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,297,971
    10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ¨
    11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.8%
    12 TYPE OF REPORTING PERSON (See Instructions) PN
             

     

    CUSIP NO. 75960P10413GPage 3 of 12

     

    1 NAME OF REPORTING PERSONS
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only).
         Threshold Ventures I Partners Fund, LLC (“Threshold I Partners”)
    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)     ¨       (b)     x
    3 SEC USE ONLY
    4 CITIZENSHIP OR PLACE OF ORGANIZATION
    Delaware
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY EACH
    REPORTING
    PERSON
    WITH
    5 SOLE VOTING POWER
    144,219 shares, except that Stein and Stavropoulos, the voting members of Threshold I Partners, may be deemed to have shared power to vote these shares.
    6 SHARED VOTING POWER
    See response to row 5.
    7 SOLE DISPOSITIVE POWER
    144,219 shares, except that Stein and Stavropoulos, the voting members of Threshold I Partners, may be deemed to have shared power to dispose of these shares.
      8 SHARED DISPOSITIVE POWER
    See response to row 7.
    9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 144,219
    10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ¨
    11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.1%
    12 TYPE OF REPORTING PERSON (See Instructions) OO
             

     

    CUSIP NO. 75960P10413GPage 4 of 12

     

    1 NAME OF REPORTING PERSONS
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only).
         Threshold Ventures I General Partner, LLC (“Threshold I GP”)
    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)     ¨       (b)     x
    3 SEC USE ONLY
    4 CITIZENSHIP OR PLACE OF ORGANIZATION
    Delaware
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY EACH
    REPORTING
    PERSON
    WITH
    5 SOLE VOTING POWER
    1,482,731 shares, of which 1,297,971 are directly owned by Threshold I and 184,760 are directly owned by Threshold I GP. Threshold I GP, the general partner of Threshold I, may be deemed to have sole power to vote the shares owned by Threshold I, and Stein and Stavropoulos, the managing members of Threshold I GP, may be deemed to have shared power to vote these shares and the shares owned by Threshold I GP.
    6 SHARED VOTING POWER
    See response to row 5.
    7 SOLE DISPOSITIVE POWER
    1,482,731 shares, of which 1,297,971 are directly owned by Threshold I and 184,760 are directly owned by Threshold I GP. Threshold I GP, the general partner of Threshold I, may be deemed to have sole power to dispose of the shares owned by Threshold I, and Stein and Stavropoulos, the managing members of Threshold I GP, may be deemed to have shared power to dispose of such shares and the shares owned by Threshold I GP.
      8 SHARED DISPOSITIVE POWER
    See response to row 7.
    9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,482,731
    10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ¨
    11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.9%
    12 TYPE OF REPORTING PERSON (See Instructions) OO
             

     

    CUSIP NO. 75960P10413GPage 5 of 12

     

    1 NAME OF REPORTING PERSONS
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only).
         Josh Stein (“Stein”)
    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)     ¨       (b)     x
    3 SEC USE ONLY
    4 CITIZENSHIP OR PLACE OF ORGANIZATION
    U.S. Citizen
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY EACH
    REPORTING
    PERSON
    WITH
    5 SOLE VOTING POWER
    204,730 shares.
    6 SHARED VOTING POWER
    1,626,950 shares, of which 1,297,971 are directly owned by Threshold I, 144,219 are directly owned by Threshold I Partners, and 184,760 are directly owned by Threshold I GP. Threshold I GP, the general partner of Threshold I, may be deemed to have sole power to vote the shares directly owned by Threshold I, and Stein and Stavropoulos, the managing members of Threshold I GP, may be deemed to have shared power to vote such shares and the shares owned by Threshold I GP. Stein and Stavropoulos, the voting members of Threshold I Partners, may be deemed to have shared power to vote the shares directly owned by Threshold I Partners.
    7 SOLE DISPOSITIVE POWER
    204,730 shares.
      8 SHARED DISPOSITIVE POWER
    1,626,950 shares, of which 1,297,971 are directly owned by Threshold I, 144,219 are directly owned by Threshold I Partners, and 184,760 are directly owned by Threshold I GP. Threshold I GP, the general partner of Threshold I, may be deemed to have sole power to dispose of the shares directly owned by Threshold I, and Stein and Stavropoulos, the managing members of Threshold I GP, may be deemed to have shared power to dispose of such shares and the shares directly owned by Threshold I GP. Stein and Stavropoulos, the voting members of Threshold I Partners, may be deemed to have shared power to dispose of the shares directly owned by Threshold I Partners.
    9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,831,680
    10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ¨
    11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.1%
    12 TYPE OF REPORTING PERSON (See Instructions) IN
             

     

    CUSIP NO. 75960P10413GPage 6 of 12

     

    1 NAME OF REPORTING PERSONS
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (Entities Only).
         Andreas Stavropoulos (“Stavropoulos”)
    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)     ¨       (b)     x
    3 SEC USE ONLY
    4 CITIZENSHIP OR PLACE OF ORGANIZATION
    U.S. Citizen
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY EACH
    REPORTING
    PERSON
    WITH
    5 SOLE VOTING POWER
    439,328 shares.
    6 SHARED VOTING POWER
    1,626,950 shares, of which 1,297,971 are directly owned by Threshold I, 144,219 are directly owned by Threshold I Partners, and 184,760 are directly owned by Threshold I GP. Threshold I GP, the general partner of Threshold I, may be deemed to have sole power to vote the shares directly owned by Threshold I, and Stein and Stavropoulos, the managing members of Threshold I GP, may be deemed to have shared power to vote such shares and the shares owned by Threshold I GP. Stein and Stavropoulos, the voting members of Threshold I Partners, may be deemed to have shared power to vote the shares directly owned by Threshold I Partners.
    7 SOLE DISPOSITIVE POWER
    439,328 shares.
      8 SHARED DISPOSITIVE POWER
    1,626,950 shares, of which 1,297,971 are directly owned by Threshold I, 144,219 are directly owned by Threshold I Partners, and 184,760 are directly owned by Threshold I GP. Threshold I GP, the general partner of Threshold I, may be deemed to have sole power to dispose of the shares directly owned by Threshold I, and Stein and Stavropoulos, the managing members of Threshold I GP, may be deemed to have shared power to dispose of such shares and the shares directly owned by Threshold I GP. Stein and Stavropoulos, the voting members of Threshold I Partners, may be deemed to have shared power to dispose of the shares directly owned by Threshold I Partners.
    9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,066,278
    10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ¨
    11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.2%
    12 TYPE OF REPORTING PERSON (See Instructions) IN
             

     

    CUSIP NO. 75960P10413GPage 7 of 12

     

    ITEM 1(A).NAME OF ISSUER

    Remitly Global, Inc. (the “Issuer”)

     

    ITEM 1(B).ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES

    1111 Third Avenue, Suite 2100

    Seattle, WA 98101

     

    ITEM 2(A).

    NAME OF PERSONS FILING

     

    This Statement is filed by Threshold Ventures I, LP, a Delaware limited partnership (“Threshold I”), Threshold Ventures I Partners Fund, LLC, a Delaware limited liability company (“Threshold I Partners”), Threshold Ventures I General Partner, LLC, a Delaware limited liability company (“Threshold I GP”), and Josh Stein (“Stein”) and Andreas Stavropoulos (“Stavropoulos”). The foregoing entities and individuals are collectively referred to as the “Reporting Persons.”

     

    Threshold I GP, the general partner of Threshold I, may be deemed to have sole power to vote and sole power to dispose of shares of the Issuer directly owned by Threshold I. Stein and Stavropoulos, the managing members of Threshold I GP, may be deemed to have shared power to vote and shared power to dispose of shares of the Issuer directly owned by Threshold I GP.

     

    Stein and Stavropoulos, the voting members of Threshold I Partners, may be deemed to have shared power to vote and shared power to dispose of shares of the Issuer directly owned by Threshold I Partners.

     

    ITEM 2(B).ADDRESS OF PRINCIPAL BUSINESS OFFICE

     

    The address for each of the Reporting Persons is:

     

    c/o Threshold Management, LLC

    2882 Sand Hill Road #150

    Menlo Park, California 94025

     

    ITEM 2(C)

    CITIZENSHIP

     

    Threshold I is a Delaware limited partnership. Threshold I Partners and Threshold I GP are Delaware limited liability companies. Stein and Stavropoulos are United States citizens.

     

    ITEM 2(D) AND (E).TITLE OF CLASS OF SECURITIES AND CUSIP NUMBER

    Common Stock, $0.0001 par value (“Common Stock”)
    CUSIP # 75960P104

     

    ITEM 3.Not Applicable.

     

     

    CUSIP NO. 75960P10413GPage 8 of 12

     

    ITEM 4.

    OWNERSHIP

     

    The following information with respect to the ownership of the Common Stock of the Issuer by the Reporting Persons filing this Statement is provided as of December 31, 2022:

     

    (a)Amount beneficially owned:

    See Row 9 of cover page for each Reporting Person.

     

    (b)Percent of Class:

    See Row 11 of cover page for each Reporting Person.

     

    (c)Number of shares as to which such person has:

     

    (i)Sole power to vote or to direct the vote:

    See Row 5 of cover page for each Reporting Person.

     

    (ii)Shared power to vote or to direct the vote:

     

    See Row 6 of cover page for each Reporting Person.

     

    (iii)Sole power to dispose or to direct the disposition of:

     

    See Row 7 of cover page for each Reporting Person.

     

    (iv)Shared power to dispose or to direct the disposition of:

    See Row 8 of cover page for each Reporting Person.

     

    ITEM 5.OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of 5 percent of the class of securities, check the following x.

     

    ITEM 6.OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

    Under certain circumstances set forth in the limited partnership agreement of Threshold I, and the limited liability company agreements of Threshold I Partners and Threshold I GP, the general and limited partners or members, as the case may be, of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the Issuer owned by each such entity of which they are a partner or member, as the case may be.

     

    ITEM 7.IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

    Not applicable.

     

    ITEM 8.IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

    Not applicable.

     

    ITEM 9.NOTICE OF DISSOLUTION OF GROUP.

    Not applicable.

     

     

    CUSIP NO. 75960P10413GPage 9 of 12

     

    ITEM 10.CERTIFICATION.

    Not applicable.

     

     

    CUSIP NO. 75960P10413GPage 10 of 12

     

    SIGNATURES

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

    Date: January 31, 2023

     

    Threshold Ventures I, LP /s/ Josh Stein
    By Threshold Ventures I General Partner, LLC Josh Stein
    Its General Partner Managing Member
       
    Threshold Ventures I Partners Fund, LLC /s/ Josh Stein
      Josh Stein
      Voting Member
       
    Threshold Ventures I General Partner, LLC /s/ Josh Stein
      Josh Stein
      Managing Member
       
    Josh Stein /s/ Josh Stein
      Josh Stein
       
    Andreas Stavropoulos /s/ Andreas Stavropoulos
      Andreas Stavropoulos

     

     

    CUSIP NO. 75960P10413GPage 11 of 12

     

    EXHIBIT INDEX

     

      Found on Sequentially
    Exhibit Numbered Page
       
    Exhibit A:  Agreement of Joint Filing 12

     

     

    CUSIP NO. 75960P10413GPage 12 of 12

     

    exhibit A

     

    Agreement of Joint Filing

     

    The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Common Stock of Remitly Global, Inc. shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G.

     

    Date: January 31, 2023

     

    Threshold Ventures I, LP /s/ Josh Stein
    By Threshold Ventures I General Partner, LLC Josh Stein
    Its General Partner Managing Member
       
    Threshold Ventures I Partners Fund, LLC /s/ Josh Stein
      Josh Stein
      Voting Member
       
    Threshold Ventures I General Partner, LLC /s/ Josh Stein
      Josh Stein
      Managing Member
       
    Josh Stein /s/ Josh Stein
      Josh Stein
       
    Andreas Stavropoulos /s/ Andreas Stavropoulos
      Andreas Stavropoulos

     

     

     

    Get the next $RELY alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $RELY

    DatePrice TargetRatingAnalyst
    5/8/2025$30.00 → $32.00Buy
    Monness Crespi & Hardt
    10/31/2024$13.00 → $18.00Underweight → Equal Weight
    Wells Fargo
    2/22/2024$24.00 → $28.00Market Perform → Outperform
    BMO Capital Markets
    1/17/2024$16.00Underweight
    Wells Fargo
    12/5/2023$25.00Market Perform
    BMO Capital Markets
    12/1/2023Outperform → Peer Perform
    Wolfe Research
    8/4/2023$28.00Peer Perform → Outperform
    Wolfe Research
    3/27/2023Outperform → Peer Perform
    Wolfe Research
    More analyst ratings

    $RELY
    Financials

    Live finance-specific insights

    See more
    • Remitly to Report First Quarter Financial Results on May 7, 2025

      SEATTLE, April 23, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly"), a trusted provider of digital financial services that transcend borders, today announced that it will report first quarter financial results after the market close on Wednesday, May 7, 2025. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below. Remitly First Quarter Financial Results Conference Call and Webcast Information:When: Wednesday, May 7th, 2025Time: 2:00 p.m. P

      4/23/25 4:05:00 PM ET
      $RELY
      Business Services
      Consumer Discretionary
    • Remitly to Report Fourth Quarter and Full Year 2024 Financial Results on February 19, 2025

      SEATTLE, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly"), a trusted provider of digital financial services that transcend borders, today announced that it will report fourth quarter and full year 2024 financial results after the market close on Wednesday, February 19, 2025. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below. Remitly Fourth Quarter and Full Year 2024 Financial Results Conference Call and Webcast Information:Wh

      2/5/25 4:05:00 PM ET
      $RELY
      Business Services
      Consumer Discretionary
    • KBW Announces Index Rebalancing for Fourth-Quarter 2024

      NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY

      12/13/24 8:30:00 PM ET
      $AAT
      $AB
      $ABR
      $ACRE
      Real Estate Investment Trusts
      Real Estate
      Investment Managers
      Finance

    $RELY
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Morris Nigel W bought $990,665 worth of shares (50,000 units at $19.81), increasing direct ownership by 3% to 1,800,213 units (SEC Form 4)

      4 - Remitly Global, Inc. (0001782170) (Issuer)

      11/7/23 8:06:47 AM ET
      $RELY
      Business Services
      Consumer Discretionary
    • Morris Nigel W bought $4,818,509 worth of shares (250,000 units at $19.27), increasing direct ownership by 17% to 1,750,213 units (SEC Form 4)

      4 - Remitly Global, Inc. (0001782170) (Issuer)

      11/6/23 7:36:09 AM ET
      $RELY
      Business Services
      Consumer Discretionary

    $RELY
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Remitly Announces Upcoming Investor Conference Participation

      SEATTLE, May 09, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly"), a trusted provider of digital financial services that transcend borders, today announced that its management team will present at the following investor conferences: J.P. Morgan 53rd Annual Global Technology, Media and Communications ConferenceDate: Wednesday, May 14, 2025Time: 2:20 p.m. Eastern Time / 11:20 a.m. Pacific Time Barclays 15th Annual Emerging Payments and FinTech ForumDate: Tuesday, May 20, 2025Time: 10:20 a.m. Eastern Time / 7:20 a.m. Pacific Time The presentations will be webcast live from Remitly's investor relations website at https://ir.remitly.com/. After the presentation, a repl

      5/9/25 9:30:00 AM ET
      $RELY
      Business Services
      Consumer Discretionary
    • Remitly Reports First Quarter 2025 Results Above Outlook and Raises Full Year 2025 Outlook

      First quarter send volume up 41% and revenue up 34% year over yearFirst quarter net income was $11.4 million and Adjusted EBITDA was $58.4 million SEATTLE, May 07, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY), a trusted provider of digital financial services that transcend borders, reported results for the first quarter ended March 31, 2025. "We delivered an outstanding start to the year, significantly exceeding our expectations for the first quarter," said Matt Oppenheimer, co-founder and Chief Executive Officer, Remitly. "This performance was driven by the deep and growing trust our customers place in us to deliver a fast, reliable, an

      5/7/25 4:05:00 PM ET
      $RELY
      Business Services
      Consumer Discretionary
    • Remitly to Report First Quarter Financial Results on May 7, 2025

      SEATTLE, April 23, 2025 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY) ("Remitly"), a trusted provider of digital financial services that transcend borders, today announced that it will report first quarter financial results after the market close on Wednesday, May 7, 2025. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below. Remitly First Quarter Financial Results Conference Call and Webcast Information:When: Wednesday, May 7th, 2025Time: 2:00 p.m. P

      4/23/25 4:05:00 PM ET
      $RELY
      Business Services
      Consumer Discretionary

    $RELY
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Monness Crespi & Hardt reiterated coverage on Remitly Global with a new price target

      Monness Crespi & Hardt reiterated coverage of Remitly Global with a rating of Buy and set a new price target of $32.00 from $30.00 previously

      5/8/25 7:31:41 AM ET
      $RELY
      Business Services
      Consumer Discretionary
    • Remitly Global upgraded by Wells Fargo with a new price target

      Wells Fargo upgraded Remitly Global from Underweight to Equal Weight and set a new price target of $18.00 from $13.00 previously

      10/31/24 7:50:11 AM ET
      $RELY
      Business Services
      Consumer Discretionary
    • Remitly Global upgraded by BMO Capital Markets with a new price target

      BMO Capital Markets upgraded Remitly Global from Market Perform to Outperform and set a new price target of $28.00 from $24.00 previously

      2/22/24 6:27:05 AM ET
      $RELY
      Business Services
      Consumer Discretionary

    $RELY
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Remitly Global Inc.

      SC 13G - Remitly Global, Inc. (0001782170) (Subject)

      11/13/24 7:32:47 PM ET
      $RELY
      Business Services
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by Remitly Global Inc.

      SC 13G/A - Remitly Global, Inc. (0001782170) (Subject)

      8/5/24 8:53:48 AM ET
      $RELY
      Business Services
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Remitly Global Inc. (Amendment)

      SC 13G/A - Remitly Global, Inc. (0001782170) (Subject)

      5/8/24 2:22:56 PM ET
      $RELY
      Business Services
      Consumer Discretionary

    $RELY
    SEC Filings

    See more
    • SEC Form 10-Q filed by Remitly Global Inc.

      10-Q - Remitly Global, Inc. (0001782170) (Filer)

      5/7/25 4:12:20 PM ET
      $RELY
      Business Services
      Consumer Discretionary
    • Remitly Global Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - Remitly Global, Inc. (0001782170) (Filer)

      5/7/25 4:09:59 PM ET
      $RELY
      Business Services
      Consumer Discretionary
    • SEC Form DEFA14A filed by Remitly Global Inc.

      DEFA14A - Remitly Global, Inc. (0001782170) (Filer)

      4/25/25 4:04:27 PM ET
      $RELY
      Business Services
      Consumer Discretionary

    $RELY
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more

    $RELY
    Leadership Updates

    Live Leadership Updates

    See more
    • Vice Chair Hug Joshua sold $841,954 worth of shares (40,000 units at $21.05), decreasing direct ownership by 1% to 3,773,811 units (SEC Form 4)

      4 - Remitly Global, Inc. (0001782170) (Issuer)

      5/7/25 4:46:14 PM ET
      $RELY
      Business Services
      Consumer Discretionary
    • Vice Chair Hug Joshua sold $389,400 worth of shares (20,000 units at $19.47), decreasing direct ownership by 0.52% to 3,813,811 units (SEC Form 4)

      4 - Remitly Global, Inc. (0001782170) (Issuer)

      4/21/25 5:57:33 PM ET
      $RELY
      Business Services
      Consumer Discretionary
    • SEC Form 4 filed by Chief Business Officer Sharma Pankaj

      4 - Remitly Global, Inc. (0001782170) (Issuer)

      4/15/25 4:21:55 PM ET
      $RELY
      Business Services
      Consumer Discretionary
    • Mendaera Closes $73M Series B Financing to Scale Robotics and AI Across Mainstream Medical Procedures

      With its first-of-its-kind platform, Mendaera is pioneering a new category in medical robotics Mendaera, Inc., a Silicon Valley-based healthcare technology company developing a handheld robotic interventional platform, announced today the close of $73 million in Series B funding led by Threshold Ventures, with participation from investors including Lux Capital, PFM Health Sciences, and Fred Moll (founder of Intuitive Surgical and Auris Health). The financing will further Mendaera's efforts to scale robotics and AI across mainstream medical procedures. The healthcare system is facing an increasing supply and demand crisis, where the ability to consistently deliver high-quality care to pati

      9/26/24 6:05:00 AM ET
      $DOCS
      $RELY
      $LVGO
      EDP Services
      Technology
      Business Services
      Consumer Discretionary
    • Remitly Announces CFO Transition Plan

      SEATTLE, July 31, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY), a trusted provider of digital financial services that transcend borders, today announced the appointment of seasoned finance executive Vikas Mehta as Chief Financial Officer, succeeding Hemanth Munipalli, effective August 19, 2024. Munipalli is leaving for family reasons, and will oversee an orderly transition, remaining with the company through September 30, 2024. "I am delighted to welcome Vikas to Remitly as our Chief Financial Officer," said Matt Oppenheimer, Co-founder and CEO of Remitly. "Vikas's impressive track record leading finance functions at high-growth companies, experience driving public company

      7/31/24 6:00:00 PM ET
      $RELY
      Business Services
      Consumer Discretionary
    • Remitly Appoints Ronit Peled as Chief People Officer

      SEATTLE, May 07, 2024 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ:RELY), a trusted provider of digital financial services that transcend borders, today announced the appointment of Ronit Peled as Chief People Officer.  "We are thrilled to welcome Ronit Peled to Remitly as our new Chief People Officer," said Matt Oppenheimer, Co-founder & CEO of Remitly. "Ronit brings a track record of strategic business leadership, a deep commitment to people and culture, and clear alignment with Remitly's values. As team and culture have always been a differentiator for Remitly and key focus for me, I look forward to seeing Ronit's talents in action and the impact she will drive for our people, cust

      5/7/24 12:00:00 PM ET
      $RELY
      Business Services
      Consumer Discretionary