Remitly operates a digital platform for cross-border money transfers, aimed mainly at immigrants sending funds to family abroad. Customers initiate transfers via mobile app or web, with payout options that include bank deposits, cash pickup, and mobile wallets across many corridors. The model emphasizes speed, transparent pricing, and a software-led experience versus traditional remittance agents. Growth has centered on high-volume corridors linking the U.S., Canada, Europe, and Asia-Pacific with emerging markets.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 411.9 | — | 6.5 | — |
| Q3 2025 | 419.5 | — | 8.8 | — |
| Q4 2025 | 442.2 | — | 41.2 | — |
| Q1 2026 | 452.8 | — | 49 | — |
| Q2 2026 | 495.2 | 20.2% | 205.9 | 3,050.4% |
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