Remitly Global posts 20% revenue growth and hits 10M active customers in Q2 2026 under new CEO.

Remitly Global, Inc. achieved strong growth in Q2 2026 with revenue up 20% to $495 million and send volume rising 27%. The company surpassed 10 million active customers, driven by increases in high-value senders and business users. Key growth drivers include the launch of the Remitly Global Card, initial revenue from its receivers product, and strong adoption among business users, supporting diversification. The company remains profitable with a solid balance sheet, and its valuation appears attractive, though competition remains a key risk moving forward.

Remitly Global Inc (RELY) trades at USD 22.41 on Pluang as of Oct 03, 2026 01:12 WIB, up 4.31% in one day. The stock's market cap is $4.55 billion, with a 52-week high of $26.92 and low of $12.20. Despite strong sell order activity at 98%, the typical hold time on Pluang is 52 days, indicating some investor confidence in the stock's medium-term potential.