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SEATTLE, July 22, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY) (“Remitly” or the “Company”), a trusted provider of financial services that transcend borders, today announced that it will report second quarter financial results after the market closes on Wednesday, August 5, 2026. Management will host a conference call and live webcast to present the Company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time that same evening. Conference call and webcast information can be found below.
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.
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 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.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.