Align Technology, Inc. vs Remitly Global Inc — how do they compare? Align Technology, Inc. trades at $172.77 (market cap $12.29B), while Remitly Global Inc trades at $23.73 (market cap $4.97B). The key difference: Align Technology, Inc. is far larger — about 2.5× Remitly Global Inc's market cap, and Remitly Global Inc is trading nearer its 52-week high, Align Technology, Inc. nearer its low. Which is the better fit depends on your goals.
| ALGN | RELY | |
|---|---|---|
Market Cap | $12.29B | $4.97B |
Sector | Health | Technology |
52-Week High | $197.51 | $25.93 |
52-Week Low | $124.88 | $12.20 |
Enterprise Value | $11.30B | $4.33B |
Trailing returns across standard periods
Align is the leading manufacturer of clear dental aligners globally, having pioneered the technology with the introduction of its Invisalign branded aligners in 1998. Since then, Invisalign has become a household name, having treated over 10 million patients with malocclusion (misaligned teeth) through orthodontist and dentist-guided treatment plans. The company maintains dominant market share of clear aligners, despite the introduction of direct-to-consumer competitors upon the expiration of key patents that began in 2017. Align also manufactures intraoral scanners (iTero), used for orthodontic treatment and restorative dental procedures (digital models for crowns, veneers, and implants).
Read more on ALGN →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. Its revenue is generated on 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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