Remitly Global, Inc. Common Stock
Market Cap
4.2B
Short interest (May 15)
6.5%
Net Short (Jun 03 ): 0.1%
Borrow Fee
0.25%
↓ 33.9%
Available Shares
7M
↑ 24.5%
Price Chart
Company Overview
Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated from transaction fees charged to customers, and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
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