Remitly Stock

remitly.comFinTech / PaymentsFounded: 2011Funding to Date: $396MM

Remitly is a fintech company and provider of payments solutions that leverages digital channels, including mobile phones, to send money internationally.

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Remitly stock FAQs

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Can you buy Remitly stock?

You can no longer buy Remitly stock on a secondary marketplace as this company is no longer private. If you are interested in buying stock of other private companies, learn more about how to invest in the private market or register today to get started.
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How to buy Remitly stock?

To invest in a private company like Remitly through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)
  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Remitly stock?

You can no longer sell stock of Remitly on Forge as this company is no longer private. However, if you own stock of a private company, Forge may help you sell it in a way that works for you and the company. Learn more or register with us today to get started.
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How to sell Remitly stock?

If you hold private company shares of Remitly - whether as an employee or an early investor - Forge can help you sell them.
  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Remitly stock on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Remitly a public company?

No, Remitly is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Remitly’s stock price?

The stock price of Remitly is $16.16 as of 1/18/24.
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What is Remitly’s stock ticker symbol?

The ticker symbol of Remitly is RELY.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Team

Management Team

Joshua Hug
Co-Founder, Chief Operating Officer, Board Member & Promoter
Rene Yoakum
Chief Customer Officer
Karim Meghji
Chief Product Officer
Matthew Oppenheimer
Co-Founder, Chief Executive Officer & Board Member
Susanna Morgan
Chief Financial Officer
Shivaas Gulati
Co-founding Engineer
Rob Singer
Chief Marketing Officer

Board Members

Joshua Hug
Laurent le Moal
PayU
William Bryant Ph.D
Draper Fisher Jurvetson Management
Chris DeVore
Founder's Co-Op
Matthew Oppenheimer
Ron Shah
Stripes
Charles Stonecipher
Trilogy Equity Partners
Lucia Rigo
Generation Investment Management
Phillip Riese
In May, the company had hired investment banks to prepare for an IPO this year, which could value it at around $5B, Reuters reported. Remitly earns from transactions fees and foreign exchange spreads. Its revenue more than doubled to $257M last year, and it incurred a net loss of $32.6M.
Remitly, the mobile-first provider of international remittances and financial services for immigrants, today announced the launch of several new digital banking features in the Passbook by Remitly app.
Remitly, a Seattle, WA-based mobile-first provider of remittances and financial services for immigrants, received an equity investment from Visa
Digital remittance outfit Remitly has hired investment banks to lay the ground for an initial public offering at a $5 billion valuation, according to Reuters.
Updated on: Jul 26, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.