The Remitly Review: Insights from Divisadero's $95 Million Exit on the Digital Currency Landscape
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 03 2025
0mins
Should l Buy RELY?
Source: NASDAQ.COM
Divestment Details: Divisadero Street Capital Management, LP sold 5,036,343 shares of Remitly Global, reducing its position by approximately $94.68 million, which now accounts for only 0.04% of the fund's $2.29 billion AUM.
Impact on Remitly Global: The significant sell-off removes a major institutional holder, prompting investors to reassess Remitly's current market position and future profitability in the competitive digital remittance landscape.
Company Overview: Remitly Global specializes in digital cross-border remittance services, primarily targeting immigrant families, and aims to provide secure and efficient money transfer solutions across approximately 150 countries.
Market Challenges: The company faces increased competition from digital-first rivals and traditional banks, alongside high customer acquisition costs and tightening regulatory requirements, necessitating a focus on profitability and customer retention.
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Analyst Views on RELY
Wall Street analysts forecast RELY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RELY is 22.67 USD with a low forecast of 17.00 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 12.800
Low
17.00
Averages
22.67
High
28.00
Current: 12.800
Low
17.00
Averages
22.67
High
28.00
About RELY
Remitly Global, Inc. is a provider of digital financial services that transcend borders, in over 170 countries around the world. Its cross-border payments app helps customers with a fast, reliable, and transparent money movement experience. The Company’s technology platform is purpose-built to localize consumer experiences, enables a robust network of partner integrations, and uses data to optimize business performance. The Company provides a digital cross-border remittance product that is accessible via its mobile app or the Web. It offers a mobile-centric suite of products, global network, localization expertise at scale and a data-driven approach. Its mobile app for cross-border remittances provides an easy-to-use, end-to-end process. The Company's global network of funding and disbursement partnerships enables it to complete money transfers in over 5,100 corridors without the need to deploy local operations in each country.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Remitly to Report Q4 and Full Year 2025 Financial Results on February 18
- Earnings Announcement: Remitly Global, Inc. will report its fourth quarter and full year 2025 financial results after market close on February 18, 2026, demonstrating the company's commitment to transparency and investor engagement.
- Conference Call Timing: Management will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day to present financial results and answer questions from the financial analyst community, highlighting the company's proactive communication with investors.
- Participation Details: Investors are advised to register at least 10 minutes prior to the call to receive dial-in information and a unique access code, ensuring smooth participation and reflecting the company's focus on enhancing investor experience.
- Live Webcast and Replay: The live webcast and replay of the call will be accessible from the Investor Relations section of the company's website, further improving information accessibility and transparency for stakeholders.
See More
Goldman Sachs Lowers Price Target for Remitly Global, Maintains Buy Rating
- Revenue Growth: Remitly Global, Inc. reported $419.5 million in revenue for Q3 2025, marking a 25% year-over-year increase, which underscores the company's strong growth potential in the digital international money transfer sector and solidifies its market position.
- Profitability Improvement: The adjusted EBITDA margin reached 15%, indicating that the company is achieving continued operating leverage as it scales, enhancing its profitability and suggesting future financial health.
- Market Expansion: The expansion of Remitly Business into the U.K. and Canada nearly doubled business send volumes, reflecting the company's rapid penetration and growth opportunities in international markets, further driving revenue growth.
- Investment Outlook: Although Goldman Sachs lowered its price target for Remitly to $17, it maintained a Buy rating, indicating ongoing confidence in the company's underlying operating performance and suggesting that investors should monitor its long-term growth potential.
See More
Remitly Global's Growth and Market Outlook Analysis
- Significant Revenue Growth: Remitly's revenue increased by 25% to $419.5 million, with a 35% rise in send volume to 19.5 million transactions, indicating a strategic shift to expand market share despite a lower take rate.
- Improved Profitability: The company reported a net income of $8.8 million in Q3, achieving profitability under GAAP, although margins remain minimal, highlighting ongoing challenges in cost management.
- Future Growth Expectations: At its Investor Day, Remitly forecasted high teens revenue growth for 2026, projecting revenues of $2.6 billion to $3 billion by 2028, implying a 20% compound annual growth rate over the next three years.
- Attractive Market Valuation: With a market cap of $2.9 billion, Remitly's stock trades at just 5 times its 2028 EBITDA forecast, suggesting potential for stock recovery if targets are met, making it an appealing option for investors.
See More
Remitly Rapidly Expands in the Remittance Market
- Market Potential: Remitly's rapid growth in the remittance market is evident as its revenue increased by 25% to $419.5 million in 2023, showcasing its strong competitive position in a global remittance market worth hundreds of billions annually.
- Profitability Improvement: Despite challenges, Remitly achieved a net income of $8.8 million in Q3, marking its first profitability under GAAP standards, indicating a gradual improvement in its margins.
- Future Growth Outlook: The company forecasts revenue to reach between $2.6 billion and $3 billion by 2028, implying a compound annual growth rate of 20%, reflecting strong long-term growth potential and market confidence.
- Product Innovation Drive: The launch of the Remitly One subscription service, which includes features like 'send now, pay later', further expands its market and enhances customer loyalty, demonstrating the company's strategic focus on product diversification.
See More
Sprouts Farmers Market and Remitly Global Show Significant Revenue Growth Amidst Low Stock Prices
- Sprouts Farmers Market Growth: Sprouts Farmers Market has excelled in the organic food market in the U.S., with a 13% year-over-year revenue increase to $2.2 billion and an operating income of $157 million, reflecting strong demand and expansion potential in the health food sector.
- Store Expansion Potential: With fewer than 500 locations across 24 states, Sprouts is poised for sustained double-digit revenue growth through new store openings, despite a slowdown in same-store sales growth, the long-term outlook remains optimistic.
- Remitly Global Payment Growth: Remitly Global has shown robust performance in cross-border payments, with a 25% year-over-year revenue increase and a 35% rise in send volume to $19.5 billion, indicating strong demand in the immigrant remittance market.
- Attractive Market Valuation: Remitly's market cap is under $3 billion, with projected adjusted earnings power of $600 million by 2028, making its current low P/E and P/S ratios appealing for long-term investors.
See More
Coupang Faces Potential Fines Amid Data Leak, User Activity Declines
- Strong Financial Performance: In Q1 2025, Coupang achieved a 20% year-over-year increase in net revenue and a 22% rise in gross profit, demonstrating robust expansion capabilities in East Asian markets.
- Data Leak Crisis: Following a data breach affecting 34 million users, Coupang faces potential fines in the hundreds of millions, resulting in a 4% decline in active users and impacting its competitive position.
- User Attrition Risk: Although the data leak has triggered short-term customer boycotts, Coupang's superior value proposition is expected to retain the majority of its users, reflecting strong brand loyalty.
- Long-Term Growth Potential: With a current market cap of $43 billion and projected growth rates exceeding 20%, Coupang is still viewed as a prime investment opportunity for 2026 despite facing short-term challenges.
See More
Remitly to Report Q4 and Full Year 2025 Financial Results on February 18
- Earnings Announcement: Remitly Global, Inc. will report its fourth quarter and full year 2025 financial results after market close on February 18, 2026, demonstrating the company's commitment to transparency and investor engagement.
- Conference Call Timing: Management will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day to present financial results and answer questions from the financial analyst community, highlighting the company's proactive communication with investors.
- Participation Details: Investors are advised to register at least 10 minutes prior to the call to receive dial-in information and a unique access code, ensuring smooth participation and reflecting the company's focus on enhancing investor experience.
- Live Webcast and Replay: The live webcast and replay of the call will be accessible from the Investor Relations section of the company's website, further improving information accessibility and transparency for stakeholders.
See More
Goldman Sachs Lowers Price Target for Remitly Global, Maintains Buy Rating
- Revenue Growth: Remitly Global, Inc. reported $419.5 million in revenue for Q3 2025, marking a 25% year-over-year increase, which underscores the company's strong growth potential in the digital international money transfer sector and solidifies its market position.
- Profitability Improvement: The adjusted EBITDA margin reached 15%, indicating that the company is achieving continued operating leverage as it scales, enhancing its profitability and suggesting future financial health.
- Market Expansion: The expansion of Remitly Business into the U.K. and Canada nearly doubled business send volumes, reflecting the company's rapid penetration and growth opportunities in international markets, further driving revenue growth.
- Investment Outlook: Although Goldman Sachs lowered its price target for Remitly to $17, it maintained a Buy rating, indicating ongoing confidence in the company's underlying operating performance and suggesting that investors should monitor its long-term growth potential.
See More
Remitly Global's Growth and Market Outlook Analysis
- Significant Revenue Growth: Remitly's revenue increased by 25% to $419.5 million, with a 35% rise in send volume to 19.5 million transactions, indicating a strategic shift to expand market share despite a lower take rate.
- Improved Profitability: The company reported a net income of $8.8 million in Q3, achieving profitability under GAAP, although margins remain minimal, highlighting ongoing challenges in cost management.
- Future Growth Expectations: At its Investor Day, Remitly forecasted high teens revenue growth for 2026, projecting revenues of $2.6 billion to $3 billion by 2028, implying a 20% compound annual growth rate over the next three years.
- Attractive Market Valuation: With a market cap of $2.9 billion, Remitly's stock trades at just 5 times its 2028 EBITDA forecast, suggesting potential for stock recovery if targets are met, making it an appealing option for investors.
See More
Remitly Rapidly Expands in the Remittance Market
- Market Potential: Remitly's rapid growth in the remittance market is evident as its revenue increased by 25% to $419.5 million in 2023, showcasing its strong competitive position in a global remittance market worth hundreds of billions annually.
- Profitability Improvement: Despite challenges, Remitly achieved a net income of $8.8 million in Q3, marking its first profitability under GAAP standards, indicating a gradual improvement in its margins.
- Future Growth Outlook: The company forecasts revenue to reach between $2.6 billion and $3 billion by 2028, implying a compound annual growth rate of 20%, reflecting strong long-term growth potential and market confidence.
- Product Innovation Drive: The launch of the Remitly One subscription service, which includes features like 'send now, pay later', further expands its market and enhances customer loyalty, demonstrating the company's strategic focus on product diversification.
See More
Sprouts Farmers Market and Remitly Global Show Significant Revenue Growth Amidst Low Stock Prices
- Sprouts Farmers Market Growth: Sprouts Farmers Market has excelled in the organic food market in the U.S., with a 13% year-over-year revenue increase to $2.2 billion and an operating income of $157 million, reflecting strong demand and expansion potential in the health food sector.
- Store Expansion Potential: With fewer than 500 locations across 24 states, Sprouts is poised for sustained double-digit revenue growth through new store openings, despite a slowdown in same-store sales growth, the long-term outlook remains optimistic.
- Remitly Global Payment Growth: Remitly Global has shown robust performance in cross-border payments, with a 25% year-over-year revenue increase and a 35% rise in send volume to $19.5 billion, indicating strong demand in the immigrant remittance market.
- Attractive Market Valuation: Remitly's market cap is under $3 billion, with projected adjusted earnings power of $600 million by 2028, making its current low P/E and P/S ratios appealing for long-term investors.
See More
Coupang Faces Potential Fines Amid Data Leak, User Activity Declines
- Strong Financial Performance: In Q1 2025, Coupang achieved a 20% year-over-year increase in net revenue and a 22% rise in gross profit, demonstrating robust expansion capabilities in East Asian markets.
- Data Leak Crisis: Following a data breach affecting 34 million users, Coupang faces potential fines in the hundreds of millions, resulting in a 4% decline in active users and impacting its competitive position.
- User Attrition Risk: Although the data leak has triggered short-term customer boycotts, Coupang's superior value proposition is expected to retain the majority of its users, reflecting strong brand loyalty.
- Long-Term Growth Potential: With a current market cap of $43 billion and projected growth rates exceeding 20%, Coupang is still viewed as a prime investment opportunity for 2026 despite facing short-term challenges.
See More
