Highest-materiality recent filing
Remitly Q1 2026 revenue $452.8M (+25% YoY), net income $49.1M; raises FY2026 outlook
Record Q1: revenue $452.8M (+25% YoY); net income $49.1M (+332%); adjusted EBITDA $101.6M (+74%).
Remitly appoints former Twitter CTO Adam Messinger to Board of Directors
Board expanded from 10 to 11 directors; Messinger serves as Class III director term expiring 2027.
Remitly CAO Luke Tavis to retire; Tai-Hong Fung appointed as new CAO effective April 1, 2026
Luke Tavis will retire as Chief Accounting Officer effective March 31, 2026; will remain VP Accounting until June for transition.
Remitly appoints Sebastian Gunningham as CEO, co-founder Oppenheimer becomes Chairman
Sebastian Gunningham appointed CEO effective Feb 19, 2026; co-founder Matt Oppenheimer becomes Chairman.
Remitly reports record Q4 revenue of $442M, GAAP net income of $41M; appoints new CEO
Q4: rev $442.2M (+26% YoY), net income $41.2M vs loss $5.7M, Adj EBITDA $88.6M (+98%).
Remitly Q3 revenue up 25% to $419.5M, raises FY 2025 guidance
Active customers grew 21% to 8.9M; send volume increased 35% to $19.5B.
Remitly Q2: send volume +40%, revenue +34% to $412M, net income $6.5M, raises FY outlook
Q2 revenue $411.9M (+34% YoY), net income $6.5M vs loss $12.1M; adjusted EBITDA $64.0M (+144%).
Remitly enters new $550M revolving credit facility, replaces prior $325M facility
New $550M secured revolving credit facility with JPMorgan as administrative agent; replaces prior $325M facility.
Remitly holds annual meeting; CEO declines 2025 equity award
Elected directors Ryno Blignaut, Phyllis Campbell, Phillip Riese each received >95M votes for.
Remitly Q1: revenue $361.6M (+34% YoY), net income $11.4M; raises FY2025 outlook
Active customers 8.0M (+29% YoY); send volume $16.2B (+41% YoY).
Remitly Vice Chair Joshua Hug to step down, remain on board from May 15, 2025
Joshua Hug transitions from Vice Chair to non-employee director effective May 15, 2025.
Q4 revenue $351.9M (+33% YoY); full year revenue $1,264.0M (+34% YoY).
Remitly CAO Gail Miller resigns; Luke Tavis named successor eff. Feb 28, 2025
Gail Miller resigns as Chief Accounting Officer effective Feb 28, 2025; no disagreement on financial reporting.
Remitly EVP Rene Yoakum to retire Dec 31, enters consulting agreement through 2026
Rene Yoakum, EVP Customer and Culture, retires Dec 31, 2024; consulting agreement runs Jan 1, 2025 to Dec 31, 2026.
Remitly Q3 revenue up 39% to $336.5M, net income $1.9M; raises FY 2024 guidance
Active customers 7.3M (+35% YoY); send volume $14.5B (+42% YoY).
Remitly appoints Vikas Mehta as CFO; Hemanth Munipalli resigns effective Aug 19, 2024
Vikas Mehta named CFO effective Aug 19, 2024; succeeds Hemanth Munipalli, who resigns for family reasons.
Remitly Q2 revenue $306.4M (+31% YoY); raises FY 2024 EBITDA outlook
Revenue of $306.4M, up 31% YoY; net loss improved 36% to $12.1M from $18.9M.
Remitly holds 2024 annual meeting; CEO Oppenheimer declines 2024 equity comp award
Stockholders elected Joshua Hug, Matthew Oppenheimer, and Margaret Smyth as directors for three-year terms.
Remitly COO Joshua Hug transitions to Vice Chair, effective May 13, 2024
Joshua Hug steps down as COO and assumes role of Vice Chair.
Remitly Q1 revenue $269.1M (+32% YoY); raises FY 2024 Adj. EBITDA guidance to $85-95M
Active customers 6.2M (+36% YoY); send volume $11.5B (+34% YoY).
Remitly amends bylaws on stockholder information for director nominations and business proposals
Board amended bylaws on March 19, 2024, regarding information requirements for proposing stockholders.
Remitly Q4 rev +39%; FY2023 adj. EBITDA turns positive at $44.5M; FY2024 guidance 30-32% growth
Q4 2023 revenue $264.8M (+39% YoY); active customers 5.9M (+41%).
Remitly expands revolving credit facility by $75M to $325M with new lenders
Amendment No. 2 increases revolving commitments by $75M, total now $325M.
Mr. Hug will transition from his position as Vice Chair of the Company into a non-employee director role effective May 15, 2025.
On January 21, 2025, Gail Miller, the Chief Accounting Officer of Remitly Global, Inc. (the “Company”), provided notice of her resignation from the Company effective February 28, 2025.
On January 21, 2025, the Board of Directors (the “Board”) of the Company approved the appointment of Luke Tavis as Chief Accounting Officer of the Company, effective as of February 28, 2025.
Hemanth Munipalli will resign from his position with the Company effective August 19, 2024.
Rene Yoakum, the Company’s EVP, Customer and Culture provided notice that she will retire from the Company effective December 31, 2024.
On July 29, 2024, the Board of Directors (the “Board”) of Remitly Global, Inc. (the “Company”) approved the appointment of Vikas Mehta as Chief Financial Officer (“CFO”) of the Company, effective as of Mr. Mehta’s commencement of employment with the Company.
Effective May 13, 2024, Joshua Hug transitioned from his role as the Company’s Chief Operating Officer to a new role as Vice Chair, in which he will contribute to our company and product strategy and lead other key projects to accelerate customer delivery.
Max materiality 0.90 · Median 0.65 · Most common event earnings