Remitly Global, Inc. (RELY): A Bull Case Theory

We came across a bullish thesis on Remitly Global, Inc. (RELY) on Substack by Chit Chat Stocks. In this article, we will summarize the bulls’ thesis on RELY. Remitly Global, Inc. (RELY)'s share was trading at $23.86 as of Feb 21^st.

[caption id="attachment_1237924" align="aligncenter" width="768"] A customer using a mobile banking app at home to securely transfer money.[/caption]

Remitly Global recently reported Q4 earnings, leading to a 10% post-earnings drop. Despite this, the stock remains up 75% over the last six months. The core thesis for Remitly is simple it executes...