How to Buy Remitly Global Stock
Remitly Global Inc
Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 150 countries.
Remitly Global stock last closed at $17.43, up 1.34% from the previous day, and has increased 22.14% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.12 percentage points. Remitly Global stock is currently +40.28% from its 52-week low of $12.43, and -36.2% from its 52-week high of $27.32.
There are currently 206.19M RELY shares outstanding. The market capitalization of RELY is $3.59B. In the past 24 hours, 2.89M RELY shares were traded.
How to Buy Remitly Global Stock
Not sure how to invest in Remitly Global stock? Here's how.
- Figure out where to buy Remitly Global stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Remitly Global stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your payment method and add your info.
- Research Remitly Global stock: The Remitly Global ticker symbol is RELY. Is Remitly Global stock a good investment? Should you buy shares of RELY? How do RELY's underlying business fundamentals look? Do top analysts think Remitly Global is a good buy? Why has RELY's stock price moved recently? (Hint: Our stock market research website can help you decide if RELY is a good stock to buy).
- Place your RELY purchase: Decide if you will purchase RELY shares at the current market price or use a limit order to purchase RELY shares at a given price.
- Track your RELY investment: Create a watchlist to track your investment in Remitly Global stock.
Step 1: Figure out where to buy Remitly Global stock
You need a brokerage account to access the NASDAQ market and buy RELY stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal info so you are able to buy RELY stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your investment account
Now that you've filled out your info on the best stock trading app for beginners, you can securely and quickly fund your account:
Watch this video walkthrough to see the process of depositing money into your brokerage account.
Step 4: Research Remitly Global stock
Once you have figured out the best place to buy Remitly Global stock, it's very important to analyze their stock before you invest, so you can comprehend the risk and upside.
Overview of key RELY info
Fundamentals of Remitly Global
WallStreetZen was designed to help everyday investors perform better fundamental analysis.
You can view all of the due diligence checks on RELY's stock page.
How is RELY stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge RELY's intrinsic value.
Using relative valuations methods:
- RELY could be overvalued based on its P/E ratio of 249x, relative to Software - Infrastructure industry P/E ratio of 53x
- RELY may be undervalued based on its P/B ratio of 4.7x, relative to Software - Infrastructure industry P/B ratio of 11.88x
- RELY could be overvalued based on its PEG ratio of 2.7x
You can do additional valuation research on RELY's stock here.
RELY Financial Health Overview
Positive Financial Indicators:
- RELY earnings of $26.36M is not enough to cover its interest payments.
- RELY profit margin has gone up from -9.6% to 1% in the past year.
- There are more short-term assets than long-term liabilities on the RELY balance sheet.
- There are more short-term assets than short-term liabilities on the RELY balance sheet.
- RELY's operating cash flow of $376.49M allows it to safely service it's debt of $32.37M.
Negative Financial Indicators:
- RELY has a relatively high debt to equity ratio of 0.53.
Is RELY stock a Buy, Hold, or Sell, according to analysts?
Out of 7 Equities analysts who monitor RELY, the consensus analyst rating on Remitly Global is a Strong Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest RELY Analyst Ratings
Philip Gibbs, a top 1% analyst from KeyBanc maintains RELY with a strong buy rating and lowers their RELY price target from $33.00 to $24.00, on Apr 23, 2025.
David Scharf, a top 4% analyst from JMP Securities reiterates RELY with a buy rating and maintains their RELY price target from $32.00 to $32.00, on Apr 10, 2025.
You can dig deeper into what analysts are projecting on the Remitly Global stock forecast page.
RELY Technical Indicators
RELY Performance Metrics
Last year, RELY revenue was $1.46B. During the past 4 year, RELY's revenue has grown by 42.56% per year. This was faster than the Software - Infrastructure industry average of 17.04%.
Dig into RELY's earnings and revenue performance here.
Who is buying/selling RELY?
Over the last year, executives and large shareholders at RELY have sold more shares than they have bought.
Matthew B. Oppenheimer, Chief Executive Officer of RELY, was the latest RELY insider to buy. They bought $2,895,145.90 worth of RELY stock on Sep 10, 2025.
Learn more about who owns RELY shares here.
Can I get consistent income from RELY stock?
No, Remitly Global doesn't provide an income stream by paying out dividends.
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Step 5: Place your RELY purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open button and eToro will place the order.
If you want additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Track your RELY investment
Now that you own some RELY shares, you'll want to stay up-to-date on your shares.
Start a watchlist to track the most important metrics related to your RELY stock.
RELY Feed
How to Buy Stock in Remitly Global
To reiterate, here are the 6 steps for buying Remitly Global stock:
- Figure out where to buy Remitly Global stock
- Open a brokerage account
- Fund your investment account
- Research Remitly Global stock
- Place your RELY purchase
- Track your RELY investment
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Remitly Global, get started below.
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