We came across a bullish thesis on Remitly Global, Inc. on Paris Analyst’s Substack. In this article, we will summarize the bulls’ thesis on RELY. Remitly Global, Inc. ‘s share was trading at $19.68 as of September 4th. RELY’s trailing P/E was 324.33 according to Yahoo Finance.

Remitly has established itself as the leading digital remittance platform, transforming what was once a cash-heavy business into a high-retention, annuity-like model. By earning customer trust, Remitly...




