Question 1

What is the price of Remitly Global, Inc. stock today?

Accepted Answer

The current price of RELY is $20.02 USD, it has increased by +0.10% in the past 24 hours.

Question 2

Is Remitly Global, Inc. stock price growing?

Accepted Answer

Remitly Global, Inc. stock has dropped by -7.23% compared to the previous week. The monthly change is a -12.15% drop. Over the last year, Remitly Global, Inc. has showed a -6.27% decrease.

Question 3

How volatile is RELY?

Accepted Answer

RELY has a beta of 0.40, which indicates how sensitive it has historically been to movements in its broader market. A beta below 1 indicates lower relative volatility than the market. Beta is based on historical data and does not predict future performance.

Question 4

What is Remitly Global, Inc. market cap?

Accepted Answer

Today Remitly Global, Inc. has a market capitalization of $4.2B.

Question 5

What are RELY highest and lowest price in the last year?

Accepted Answer

RELY highest price in the last year was $24.92 USD, and its lowest price was $12.08 USD.

Question 6

Is RELY overvalued or undervalued?

Accepted Answer

RELY currently has a P/E ratio of 40.00. Relative to the sector average of 48.60, this suggests the stock may be undervalued.

A higher P/E than peers means investors are paying more for each unit of earnings, often because they expect faster future growth. However, if that growth does not materialize, the stock can appear overvalued. A lower P/E may indicate weaker growth expectations or higher risk, but it can also signal a potential valuation discount.

Question 7

What is Remitly Global, Inc. revenue for the last quarter?

Accepted Answer

Remitly Global, Inc. revenue for the last quarter amounts to $1.6B USD.

Question 8

What is Remitly Global, Inc. net income for the last quarter?

Accepted Answer

Remitly Global, Inc. net income for the last quarter amounts to $68M USD.

Question 9

How many employees does Remitly Global, Inc. have?

Accepted Answer

Remitly Global, Inc. currently has 2,800 employees.

Question 10

How can I buy Remitly Global, Inc. stock?

Accepted Answer

Investors in Latin America can buy foreign stocks through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.

Question 11

Can I buy fractional shares of RELY?

Accepted Answer

Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the company.

Question 12

Does buying RELY protect my money against local inflation?

Accepted Answer

Many investors in Latin America buy international stocks like RELY to protect their purchasing power. Because RELY is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your stock portfolio remains protected from local inflation.

Question 13

Do I need a foreign bank account or a Visa to buy RELY shares?

Accepted Answer

No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.

Question 14

Is RELY a suitable investment for my portfolio?

Accepted Answer

An investment in RELY should be evaluated within the broader context of your specific financial objectives, risk appetite, and long-term asset-allocation strategy. A prudent assessment typically centers on three fundamental pillars:

• Fundamental Valuation & Regional Growth Drivers: Analyze the stock's price-to-earnings (P/E) ratio and revenue growth relative to its specific market.
• Multi-Currency Risk Management & Hedging: For Latin American investors, the currency of denomination is as critical as the asset itself. You must determine if holding RELY serves as a necessary hedge against local currency volatility.
• Regulatory & Tax Optimization: Evaluate the structural efficiency of the investment, considering withholding taxes and estate tax thresholds applicable in your jurisdiction.

Disclaimer: This analysis is provided for informational purposes only and does not constitute financial, legal, or tax advice. We recommend consulting with a certified professional in your jurisdiction.

Remitly Global, Inc.

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Remitly Global, Inc.

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