
RELY does not currently pay a dividend.
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Remitly Global, Inc. specializes in providing digital financial services tailored for immigrants and their families. Primarily, it enables international money transfers, operating in nearly 150 countries. Founded in 2011, the company maintains its headquarters in Seattle, Washington.

Remitly is delivering strong market share gains in the remittance market. At the same time, its profits are soaring.

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 posts robust margins and global reach, while Remitly pivots to profitability with rapid revenue growth. Key financials and risks set them apart.

V, PAY, CPAY, SEZL and RELY are five mobile payments stocks positioned to benefit from the long-term shift to cashless payments.

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.