Remitly Sets Ambitious Financial Goals, Stock Jumps

Remitly, an online money transfer company, recently saw a six percent stock increase following its Investor Day event. The company shared ambitious financial goals for 2026 and 2028, including high teen revenue growth and adjusted earnings of $300 million to $320 million in 2026, and $2.6 billion to $3 billion in revenue with $575 million to $600 million in adjusted earnings by 2028. Remitly aims to balance income growth and profit, targeting a Rule of Forty framework by 2028. Despite the recent stock boost, shares are still down nearly 32 percent since the start of the year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.