Financial PerformanceRELY's 1Q broad-based beat leaves analysts more confident that it will be a long-term winner in the fast-growing and consolidating digital remittance market.
Market OpportunityThe global remittance market exceeds $2 trillion annually, offering Remitly a massive opportunity to increase its market share and grow revenues.
Regulatory EnvironmentThe Senate bill appears less onerous to the remittance market than initially feared, which is a positive development for Remitly.