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

We came across a bullish thesis on Remitly Global, Inc. on 2×2 Capital’s Substack by Maaiz Khan. In this article, we will summarize the bulls’ thesis on RELY. Remitly Global, Inc.’s share was trading at $13.61 as of January 28th. RELY’s trailing P/E was 151.22 according to Yahoo Finance.

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Remitly, a digital remittance platform, recently hosted an investor day that clarified key aspects of its business, addressing shareholder concerns around take...