Growth And Margin ExpansionAnalysts believe Remitly has multiple levers to drive growth and margin expansion, with management focused on maintaining strong unit economics.
Market OpportunityRemitly has a 3% share of a $2 trillion market in its core cross-border P2P business, while B2B opens the company up to an additional $20 trillion opportunity.
Revenue GrowthRemitly has seen little to no impact from North America immigration policy shifts, highlighted by significant U.S. and Canada send revenue growth.