ING Groep NV vs Remitly Global Inc — how do they compare? ING Groep NV trades at $35.49 (market cap $101.22B), while Remitly Global Inc trades at $23.73 (market cap $4.97B). The key difference: ING Groep NV is far larger — about 20.4× Remitly Global Inc's market cap, and ING Groep NV pays a 3.73% dividend while Remitly Global Inc pays none. Which is the better fit depends on your goals.
| ING | RELY | |
|---|---|---|
Market Cap | $101.22B | $4.97B |
Sector | Financials | Technology |
52-Week High | $35.92 | $25.93 |
52-Week Low | $23.66 | $12.20 |
Dividend Yield | 3.73% | — |
Enterprise Value | — | $4.33B |
Trailing returns across standard periods
The merger of the Dutch postal bank and NN Insurance in 1991 created ING. Through a series of further acquisitions ING build up a global footprint. The 2008 financial crisis forced ING to seek government support--a precondition of which was that ING should separate its banking and insurance activities, which saw ING revert to being solely a bank. ING has market- leading banking operations in the Netherlands and Belgium, and a range of digital banks across Europe and Australia. Its global wholesale banking operation is primarily focused on lending.
Read more on ING →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.
Read more on RELY →