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In Q2 2026, Remitly Global reported revenue and adjusted EBITDA ahead of its own guidance and surpassed 10 million quarterly active customers for the first time, driven by record new customer additions. This combination of stronger‑than‑expected financial performance and a new customer milestone underscores growing traction for Remitly’s digital remittance platform among global users. With Remitly now serving over 10 million quarterly active customers, we’ll examine how this milestone may...
Key Takeaways:Record Users: Remitly crossed 10 million quarterly active customers for the first time, with record new customer additions driving the milestone. Price Projection: Based on current assumptions, RELY stock could reach $27 by December 2028.
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south. While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
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In Remitly's first partnership of its kind, new Etsy sellers in 15 countries will have the option to get paid locally via Remitly’s cross-border network.SEATTLE, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) today announced that it has partnered with Etsy (NYSE: ETSY) to be an additional payment provider on Etsy Payments, Etsy’s payments platform, in 15 countries. The partnership marks the next step in Remitly’s expansion beyond serving millions of individual customers i
On August 5, Remitly (NASDAQ:RELY) reported second-quarter results that set records across nearly every line the company chooses to highlight, then raised its full-year outlook on top of it. Revenue, adjusted EBITDA, and net income all hit new highs for the quarter ended June 30, 2026, while active customers crossed 10 million for the first […]
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