Remitly Global, Inc. Provides Earnings Guidance for the Fiscal Year 2021
November 11, 2021 at 02:35 am IST
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Remitly Global, Inc. provided earnings guidance for the fiscal year 2021. For the year, the company expects total revenue to be in the range of $445 million to $450 million, representing a growth rate of 73% to 75% year-over-year.
Remitly Global, Inc. is a digital financial services provider for immigrants and their families in over 170 countries around the world. The Company helps customers send money internationally by leveraging digital channels and supporting cross-border transmissions across the globe. The Companyâs technology platform is purpose-built to localized consumer experiences, enables a robust network of partner integrations, and uses data to optimize business performance. The Company provides a digital cross-border remittance product that is accessible via its mobile app or the Web. It offers a mobile-centric suite of products, global network, localization expertise at scale and data-driven approach. Its mobile app for cross-border remittances provides an easy-to-use, end-to-end process. Its global network of funding and disbursement partnerships enables it to complete money transfers in over 5,000 corridors without the need to deploy local operations in each country.
REMITLY GLOBAL, INC. 
