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How to buy Remitly Global stock

Learn how to easily invest in Remitly Global stock.

Fintech company Remitly Global priced its initial public offering, selling 7 million shares at $43 each, above the $38 to $42 proposed price range. The offering raised $301 million for the company and gives it a $6.9 billion valuation.

Shares debuted on the Nasdaq Thursday at $52.90.

How to buy shares in Remitly Global

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – RELY – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

Remitly Global stock price (NASDAQ: RELY)

Use our graph to track the performance of RELY stocks over time.

Remitly Global shares at a glance

Information last updated 2022-09-21.
Latest market close$10.00
52-week range$6.66 - $53.65
50-day moving average $10.65
200-day moving average $11.70
Wall St. target price$15.57
PE ratio N/A
Dividend yield $0 (0%)
Earnings per share (TTM) $-0.57

Buy Remitly Global shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
1 - 8 of 8
Name Product Asset types Stock trade fee Minimum deposit Signup bonus
SoFi Invest
Stocks, ETFs, Cryptocurrency
$0
$0
$10 - $100
when you open an account and place a first crypto trade of $50 - $5,000+
A free way to invest in most equities.
eToro
Stocks, ETFs, Cryptocurrency
$0
$10
8%-12% of your deposit
when you sign up and deposit at least $50. T&Cs apply.
Trade stocks in the app or online with $0 commissions. Not available in NY, NV, MN, TN, and HI.
Public
Stocks, ETFs, Cryptocurrency
$0
$0
Receive a free stock slice worth between $3–$300
when you sign up for an account and deposit at least $20.
Commission-free trading in stocks and ETFs with a social networking twist.
Tastyworks
Stocks, Options, ETFs, Cryptocurrency
$0
$0
$200 in US stocks
when you open and fund an account with min. $2,000 for 3+ mos.
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
JPMorgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$0
$0
$125 - $625
when you open and fund an account with $25,000 - $250,000+
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Robinhood
Stocks, Options, ETFs, Cryptocurrency
$0
$0
Get a free stock
when you successfully sign up and link your bank account.
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Ally Invest Self-Directed Trading
Stocks, Bonds, Options, Mutual funds, ETFs
$0
$0
$100
when you deposit or transfer $10,000–$24,900
500+ commission-free ETFs, some of the industry's lowest fees plus a cash bonus up to $3,000.
Tradier
Stocks, Options, ETFs
$0
$0
N/A
Customize your trade platform or build your own Deep tools, charts and screens Analyzers to help you study before you trade
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Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Remitly Global stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Remitly Global price performance over time

Historical closes compared with the close of $10 from 2022-09-23

1 week (2022-09-19) -3.85%
1 month (2022-08-26) -7.58%
3 months (2022-06-24) 8.34%
6 months (2022-03-25) 4.38%
1 year (2021-09-24) -77.31%
2 years (2020-09-22) N/A
3 years (2019-09-22) N/A
5 years (2017-09-22) N/A

Remitly Global financials

Revenue TTM $549.8 million
Gross profit TTM $221.5 million
Return on assets TTM -11.02%
Return on equity TTM -28.21%
Profit margin -16.57%
Book value $2.79
Market capitalisation $1.8 billion

TTM: trailing 12 months

Remitly Global share dividends

We're not expecting Remitly Global to pay a dividend over the next 12 months.

You may also wish to consider:

Remitly Global overview

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 150 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington. .

Frequently asked questions

What percentage of Remitly Global is owned by insiders or institutions?
Currently 19.346% of Remitly Global shares are held by insiders and 63.992% by institutions.
How many people work for Remitly Global?
Latest data suggests 1,800 work at Remitly Global.
When does the fiscal year end for Remitly Global?
Remitly Global's fiscal year ends in December.
Where is Remitly Global based?
Remitly Global's address is: 111 Third Avenue, Seattle, WA, United States, 98101
What is Remitly Global's ISIN number?
Remitly Global's international securities identification number is: US75960P1049

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