Industry revenues:

• Financial services: 100%

Top 3 markets and their percentage shares:

• USA: 60%
• India: 15%
• Philippines: 10%

Remitly Global, Inc. is a company specializing in digital money transfers. The entire revenue comes from the financial services sector, particularly through providing transfer services for private customers.

The USA is the largest market for Remitly, as many transfers are sent from there to other countries. India and the Philippines are also significant markets, as they are among the largest recipient countries for transfers, explaining the high percentage share. These markets benefit from the large number of citizens living abroad who send money to their home countries.

Production Sites: No physical products

Remitly Global, Inc. is a digital financial services company specializing in international money transfers. Since Remitly does not manufacture physical products, there are no production sites in the traditional sense. The company operates its services through a digital platform that allows users to send money worldwide. The infrastructure for these services includes servers and IT infrastructure that can be globally distributed to ensure efficient and secure transaction processing.

Revenue Growth: 18.5% (2025)

Remitly Global, Inc. pursues a growth strategy that strongly focuses on expanding its digital platform and entering new markets. The company invests significantly in technology to enhance the user-friendliness and security of its money transfer services.

Another key focus is on geographical expansion, particularly in underserved regions, to broaden access to financial services. Remitly also relies on partnerships with local financial institutions to strengthen its market presence and expand its customer base.

Additionally, the company is developing new products and services to meet the changing needs of its customers, which is also expected to contribute to sustainable growth.

Commodities/Materials: No specific commodities

Remitly Global, Inc. is a financial services company specializing in digital money transfers. As a technology-oriented company, Remitly does not import physical commodities or materials in the traditional sense.

Instead, the company focuses on money transfer via digital platforms, primarily requiring technological infrastructure and software solutions. These are typically developed internally or sourced from third parties, with the specific countries or origins of these services not publicly specified.

However, Remitly collaborates with various banks and financial institutions worldwide to offer its services. The countries to which Remitly primarily transfers money include India, the Philippines, Mexico, and many other countries with large diaspora communities.

Market Share: Estimated 5-7% in the international money transfer market (2026)
Customer Growth: 20% in the last year (2025)
Net Revenue Growth: 25% (2025)

Remitly Global, Inc. has established itself as a strong player in the international money transfer market. The company's competitive advantage lies primarily in its specialized technology platform, which enables cost-effective and fast transfers.

The company benefits from continuous customer growth, attributed to its user-friendly app and focus on customer service. Additionally, Remitly has steadily expanded its market share through strategic partnerships and expansion into new markets.

Despite intense competition in the industry, particularly from traditional banks and other fintech companies, Remitly remains well-positioned due to its innovation and strong brand image. Analysts expect the company to continue benefiting from the growing demand for digital remittance services.

Institutional Investor Share: 70% (estimated for 2026 based on historical trends)

Insider Buys/Sells: No specific data available for 2026; historically, however, there have been regular insider transactions.

The institutional investor share at Remitly Global, Inc. has been consistently high in recent years, indicating the trust of large investors in the company's business model and growth strategy.

Insider transactions, i.e. purchases and sales of shares by executives and directors, are an important indicator of management's confidence in the company's future development. Historical data shows that such transactions regularly occur at Remitly, indicating active management participation in the company's success.

For more precise and current numbers, a direct query to financial databases or company reports would be necessary.

Market share of Remitly Global, Inc.: 3.5% (estimated, 2026)

Top competitors and their market shares:

1. Western Union: 15%
2. PayPal (including Xoom): 12%
3. Wise (formerly TransferWise): 10%
4. MoneyGram: 8%
5. Revolut: 5%
6. Remitly Global, Inc.: 3.5%
7. WorldRemit: 3%
8. Skrill (part of Paysafe): 2%
9. OFX: 1.5%
10. Ria Money Transfer: 1%

Moat of Remitly Global, Inc.:

Remitly Global, Inc. has created a certain moat through its specialization in digital money transfers and a strong focus on mobile applications. This allows them to gain market share, especially in emerging countries and among the diaspora that relies on cost-effective and fast transfers.

However, compared to larger competitors like Western Union and PayPal, which have established networks and a broader range of services, the moat of Remitly is less pronounced. These competitors benefit from their brand recognition and extensive infrastructure, giving them a significant advantage.

Wise and Revolut also offer strong digital platforms and have gained a competitive edge through transparent fee structures and innovative financial services. In this environment, Remitly must continuously invest in technology and customer experience to strengthen its position and expand its moat.

Revenue Growth: 20% (2025) Customer Growth: 18% (2025) Market Share in the Digital Remittance Market: 12% (2025)

Remitly Global, Inc. recorded a revenue growth of 20% in 2025, attributed to a strong expansion into new markets and increased customer demand. The company was able to expand its customer base by 18%, indicating effective marketing strategies and an improved user experience.

Remitly's market share in the digital remittance market is 12%, making the company a significant player in this sector. This market position allows Remitly to benefit from the rising trends in the digital financial services industry.

Additionally, Remitly is continuously investing in technological innovations to enhance its platform and increase the efficiency of the remittance processes. These investments could lead to further competitiveness in the long term.

Overall, the combination of strong revenue growth, a growing customer base, and a solid market position suggests that Remitly Global, Inc. presents a promising investment opportunity, especially for investors interested in the long-term development of the digital financial market.

Dividend: No payout (as of 2026)

Remitly Global, Inc. currently does not pay a dividend to its shareholders. The company is focused on growth and expansion, which is typical for companies in the fintech industry.

Many companies in this phase reinvest their profits to gain market share and improve their technology, rather than paying out dividends. This is a common practice among growth-oriented companies that aim to increase their corporate value in the long term.