Cloudflare Inc vs Remitly Global Inc — how do they compare? Cloudflare Inc trades at $271.1 (market cap $96.69B), while Remitly Global Inc trades at $23.93 (market cap $5.02B). The key difference: Cloudflare Inc is far larger — about 19.3× Remitly Global Inc's market cap. Which is the better fit depends on your goals.
| NET | RELY | |
|---|---|---|
Market Cap | $96.69B | $5.02B |
Sector | Technology | Technology |
52-Week High | $281.69 | $25.23 |
52-Week Low | $160.16 | $12.20 |
Enterprise Value | $96.05B | $4.41B |
Trailing returns across standard periods
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.
Read more on NET →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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