Remitly Global, Inc.

Ankur Sinha, Remitly Global's Chief Product and Technology Officer, has resigned from his role, effective June 19, 2026. The company stated that his departure was not due to any disagreements concerning its financial reporting or accounting practices.

Remitly Global, Inc. announced that its management team, including CEO Sebastian Gunningham and CFO Vikas Mehta, will present at five upcoming investor conferences in May and June 2026. These events include a virtual webinar with Cantor, the J.P. Morgan Global Technology, Media and Communications Conference, the Bernstein Strategic Decisions Conference, and two Bank of America conferences. Webcasts and replays of select presentations will be available on Remitly's investor relations website.

Remitly Global reported robust financial results for the first quarter of 2026, with revenue increasing 25.2% to $452.8 million and net income soaring 332.1% to $49.1 million. The company also demonstrated strong capital management by repurchasing $44.2 million of its common stock and fully repaying $155.0 million in revolving credit facility borrowings, resulting in no outstanding debt under the facility as of quarter-end.

Remitly Global, Inc. reported record first-quarter 2026 financial results, with revenue increasing 25% year-over-year to $452.8 million and net income surging 332% to $49.1 million. The company also achieved record Adjusted EBITDA of $101.6 million, up 74% year-over-year, driven by strong customer growth and operational efficiencies. Following this strong performance, Remitly raised its full-year 2026 financial outlook.

Remitly Global, Inc. (RELY) announced its Annual Meeting of Stockholders will be held virtually on June 10, 2026. Stockholders will vote on the election of three Class II directors, the advisory approval of named executive officer compensation, and the ratification of PricewaterhouseCoopers LLP as the independent auditor for fiscal year 2026. The board recommends voting "FOR" all proposals. The filing also confirms the recent leadership transition of Matthew Oppenheimer to Chairperson and Sebastian Gunningham to CEO, and the addition of Adam Messinger to the board.

Remitly Global, Inc. announced its Annual Meeting of Stockholders will be held virtually on June 10, 2026. Stockholders will vote on the election of three Class II directors, an advisory resolution to approve executive compensation, and the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. The record date for voting is April 14, 2026, with 210,356,743 shares outstanding. The board of directors recommends voting "FOR" all proposals.

Remitly Global, Inc. announced it will release its first-quarter financial results for 2026 on Wednesday, May 6, 2026, after the market closes. Following the release, management will host a conference call and live webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to discuss the results and answer questions. Investors can access the webcast and replay via the Investor Relations section of the company's website.

Remitly Global, Inc. announced the launch of its app within ChatGPT, making it the first cross-border money transfer company to establish a presence on the platform. This integration allows customers to conveniently explore exchange rates and compare delivery options for international money transfers without leaving ChatGPT. The move is part of Remitly's broader strategy to meet customers on AI-powered platforms and conversational interfaces, enhancing accessibility and user experience.

Remitly Global, Inc. announced the appointment of Adam Messinger to its Board of Directors, increasing the board size from 10 to 11 members. Messinger, former CTO of Twitter and a technology advisor to Chime, brings over 20 years of experience in software development and technical leadership. His expertise in scaling world-class technologies is expected to be instrumental as Remitly expands its financial services beyond global money movement.