Financial PerformanceRevenue grew +34% YoY, while EBITDA grew >150% YoY, benefiting from impressive marketing efficiency.
Market OpportunityThe global remittance market exceeds $2 trillion annually, offering Remitly a massive opportunity to increase its market share and grow revenues.
Regulatory EnvironmentThe Senate bill appears less onerous to the remittance market than initially feared, which is a positive development for Remitly.