---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-022987"
form_type: "8-K"
ticker: "RELY"
cik: "0001782170"
company_name: "Remitly Global, Inc."
filed_at: "2022-08-16T23:59:59+00:00"
generated_at: "2026-06-23T23:32:43.211367+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Remitly to acquire Rewire for ~$80M in cash/stock; expected close H2 2022

## Summary
- Rewire is an Israeli fintech platform for migrant workers with account-based remittance product.
- Consideration ~$80M: ~86% cash, ~14% Remitly common stock valued at $11.99/share.
- Transaction subject to regulatory approvals from Dutch Central Bank and Israeli authority; expected close H2 2022.
- Remitly does not expect material impact on 2022 revenue or adjusted EBITDA from the acquisition.
- Rewire's product complementary to Remitly's corridors; adds engineering teams in Amsterdam and Tel Aviv.

## SEC filing metadata
- accession: 0001628280-22-022987
- form_type: 8-K
- ticker: RELY
- cik: 0001782170
- company_name: Remitly Global, Inc.
- filed_at: 2022-08-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1782170/000162828022022987/0001628280-22-022987-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1782170/000162828022022987/rely-20220815.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-022987
- JSON: https://secwatch.observer/filing/0001628280-22-022987.json
- Plain text: https://secwatch.observer/filing/0001628280-22-022987.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.