Financial PerformanceRemitly delivered strong beats on topline/EBITDA and provided guidance slightly behind consensus which is considered conservative.
Growth StrategyRemitly is leveraging its global scale and is expanding into new verticals such as seafarers, high-value transactors, micro businesses, and integration to WhatsApp.
Market ReachRemitly continues to print strong fundamental results, driven by persistent share gains in both recently entered and more established markets.