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

We came across a bullish thesis on Remitly Global, Inc. on RS Capital’s Substack. In this article, we will summarize the bulls’ thesis on RELY. Remitly Global, Inc.'s share was trading at $16.33 as of August 5th.

[caption id="attachment_1205755" align="aligncenter" width="768"] A senior banker shaking hands with migrant customers in a corporate boardroom.[/caption]

Remitly Global (RELY) is a digital financial services company specializing in cross-border remittances, enabling users to transfer money across 170+ countries through its mobile app and web platform. The company...