9 Best Growth Stocks Under $30 to Buy

5. Remitly Global Inc. (NASDAQ:RELY)

Share Price as of September 16: $17.18

Number of Hedge Fund Holders: 39

Remitly Global Inc. (NASDAQ:RELY) is one of the best growth stocks under $30 to buy. On September 15, Citizens JMP lowered the firm’s price target on Remitly Global to $23 from $32, while keeping an Outperform rating on the shares. While the firm believes Remitly to be one of the strongest secular growth vehicles in FinTech, Citizens JMP suggested that Q3 2025 guidance is accurate and that the Street’s 2026 revenue forecasts may be too high.

In Q2 2025, Remitly surpassed revenue and adjusted EBITDA expectations with sales of $411.9 million, which was a 34.4% year-on-year increase. The company also raised its full-year revenue and EBITDA guidance. This performance was underpinned by a 3.6% operating margin and a growing customer base of 8.51 million active customers, which was up 1.66 million year-on-year.

The company’s future growth strategy is focused on product expansion and a new membership ecosystem. A central initiative was the Remitly One membership platform, which integrates products like Remitly Wallet and Remitly Flex (send now, pay later) to drive deeper engagement and higher customer lifetime value.

Remitly Global Inc. (NASDAQ:RELY) provides digital financial services in the US, Canada, and internationally.