Here's Why Remitly Global Jumped 62.4% In The First Half of 2026
Remitly is delivering strong market share gains in the remittance market. At the same time, its profits are soaring.
RELY - Remitly Global, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$23.50
DETAILS
HIGH:
$27.00
LOW:
$20.00
MEDIAN:
$23.50
CONSENSUS:
$23.50
DOWNSIDE:
0.09%
Stock News
Remitly Granted Stored Value Facilities License from the Central Bank of the UAE
ABU DHABI, July 09, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) is among the first international remittance companies to secure a Stored Value Facilities (SVF) license with Exchange Business Category IV from the Central Bank of the UAE, a major milestone in one of the world's largest remittance markets. This authorization further extends Remitly's regulated global footprint and our service to customers across more than 175 countries, strengthening our position for long term growth in the region. The license follows a rigorous review process with the CBUAE and reflects the formal recognition of Remitly's commitment to the UAE and its customers. With the license secured, Remitly will be able to bring new products, purpose-built to serve UAE customers.
Mastercard vs. Remitly Global: Which Financial Network Stock Is a Better Buy in 2026?
Mastercard posts robust margins and global reach, while Remitly pivots to profitability with rapid revenue growth. Key financials and risks set them apart.
Buy 5 Mobile Payments Stocks to Enhance Your Portfolio Returns
V, PAY, CPAY, SEZL and RELY are five mobile payments stocks positioned to benefit from the long-term shift to cashless payments.
Remitly Global vs. Visa: Which FinTech Stock Is a Better Buy in 2026?
Remitly Global is a fast-growing digital disruptor in the $800 billion global remittance market. Visa is a global payments powerhouse with industry-leading net margins and massive scale.
Remitly: Now A Profitable Business With Numerous Growth Accelerators
Remitly Global is now profitable, with strong revenue growth and expanding customer base, especially among high-value senders and business clients. RELY raised full-year guidance after Q1 2026, projecting $1.96–$1.975 billion revenue and $370–$385 million adjusted EBITDA, reflecting accelerating growth initiatives. Strategic expansion into new customer segments and geographies, plus integrations like WhatsApp and ChatGPT, support a bullish long-term outlook.
Mastercard vs. Remitly Global: Which Financial Stock Is a Better Buy in 2026?
Mastercard maintains a dominant position in the global payments ecosystem with net margins consistently near 46%. Remitly Global is a high-growth disruptor in the international remittance market that recently achieved positive net income.
Remitly Global, Inc. (RELY) Presents at Bank of America Global Research C-Suite TMT Conference Transcript
Remitly Global, Inc. (RELY) Presents at Bank of America Global Research C-Suite TMT Conference Transcript
3 Fintech Stocks Face Takeover Pressure as Consolidation Wave Builds
Fintech consolidation is heating up as scaled payments, banking, and brokerage players hunt for vertical specialists with profitable unit economics. The 2026 backdrop favors deals: large incumbents have stronger balance sheets, artificial intelligence (AI) integration is forcing platform thinking, and several mid-cap fintechs have repriced lower from their post-IPO peaks. Goldman Sachs Asset Management has... 3 Fintech Stocks Face Takeover Pressure as Consolidation Wave Builds
Remitly Is Disrupting Cross-Border Payments. Is the Stock a Long-Term Winner?
What previously required multi-step communications, relatively expensive infrastructure, and time can now be efficiently accomplished by the savvy use of mobile technology. The transition in payment methods creates an opportunity for the right service provider to win market share.
Remitly CFO Sells $1.2M in Company Shares. What Does This Mean for Investors?
Remitly, a digital remittance provider serving global migrants, reported a notable insider sale amid steady financial performance.
Remitly's Path to Profitability Is Becoming Clearer. Here's What's Driving It.
Remitly was once deeply unprofitable, but its profits are now soaring. Its user growth, AI upgrades, and expanding ecosystem are boosting its margins.
Remitly Could Be the Hidden Compounder in Cross-Border Payments
Remitly's business is booming as more people initiate cross-border money transfers. Its stock still looks reasonably valued, but it could face existential challenges soon.
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Wall Street Analysts Believe Remitly Global (RELY) Could Rally 28.17%: Here's is How to Trade
The mean of analysts' price targets for Remitly Global (RELY) points to a 28.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Remitly Global, Inc. (RELY) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
Remitly Global, Inc. (RELY) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
Top Mobile Payments Stocks to Buy in an Accelerating Digital Era
Mobile payments are transforming checkout worldwide, and companies like INTU, RELY, WEX and PAY are positioning to ride the next wave of digital commerce growth.
Remitly Business Accelerates Expansion With Full Canadian Launch
Cross-border payments app Remitly Business is now generally available to small and medium-sized businesses in Canada.
Remitly Announces Upcoming Webinar and Investor Conference Participation
SEATTLE, May 12, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a trusted provider of financial services that transcend borders, today announced that its management team will present at the following investor conferences:
Price Targets
Remitly Global price target raised to $27 from $20 at Goldman Sachs
$27.00
(was $23.45)
Will Nance
·
Goldman Sachs
Remitly Global price target raised to $24 from $20 at Cantor Fitzgerald
$24.00
(was $20.95)
Cantor Fitzgerald
Remitly Global price target raised to $23 from $21 at KeyBanc
$23.00
(was $20.64)
Alex Markgraff
·
KeyBanc
Remitly Global Inc (RELY) PT Raised to $20 at Cantor Fitzgerald on Q1/FY26 Guidance
$20.00
(was $16.16)
Ramsey El-Assal
·
Cantor Fitzgerald
Remitly Global price target raised to $20 from $17 at Goldman Sachs
$20.00
(was $17.05)
Oppenheimer
Remitly Global initiated with an Overweight at Cantor Fitzgerald
$17.00
(was $14.39)
Cantor Fitzgerald
Remitly Global price target lowered to $17 from $19 at Goldman Sachs
$17.00
(was $13.11)
Will Nance
·
Goldman Sachs
Remitly Global upgraded to Outperform from Peer Perform at Wolfe Research
$25.00
(was $19.93)
Darrin Peller
·
Wolfe Research
Remitly Global Inc (RELY) PT Raised to $25 at BMO Capital
$25.00
(was $17.98)
Rufus Hone
·
BMO Capital
BMO Capital Reiterates Outperform Rating on Remitly Global Inc (RELY)
$23.00
(was $12.17)
Rufus Hone
·
BMO Capital
BMO Capital Reiterates Outperform Rating on Remitly Global Inc (RELY)
$24.00
(was $13.67)
Rufus Hone
·
BMO Capital
BMO Capital Upgrades Remitly Global Inc (RELY) to Outperform
$28.00
(was $20.87)
Rufus Hone
·
BMO Capital