secwatch / observer

Remitly Global, Inc. — fact timeline

Source-grounded facts extracted from Remitly Global, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

RELY Remitly Global, Inc. JSON
Shareholder Votes

Remitly Global, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2026-06-10 meeting.

“Proposal 3 — Ratification of Appointment of Independent Registered Public Accounting Firm The proposal to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, was approved based upon the following votes: For Against Abstain 153,679,087 7,056,245 131,795”
Shareholder Votes

Remitly Global, Inc. shareholders approved Advisory Vote to Approve Executive Compensation at the 2026-06-10 meeting.

“Proposal 2 — Advisory Vote to Approve Executive Compensation The stockholders approved, on an advisory basis, the compensation of the Company's named executive officers. For Against Abstain Broker Non-Votes 135,017,111 5,226,478 98,493 20,525,045”
Shareholder Votes

Remitly Global, Inc. shareholders approved Election of Directors at the 2026-06-10 meeting.

“Proposal 1 — Election of Directors The following nominees were elected to the Company’s Board of Directors to hold office for terms to expire upon the annual stockholders’ meeting to be held in 2029 or until their successors are elected and qualified, or until their earlier death, resignation, or removal. The votes cast at the Annual Meeting were as follows: Nominee For Withheld Broker Non-Votes Bora Chung 134,764,920 5,577,162 20,525,045 Laurent Le Moal 135,211,923 5,130,159 20,525,045 Nigel Morris 96,695,642 43,646,440 20,525,045”

Ankur Sinha departed as Chief Product and Technology Officer at Remitly Global, Inc..

“On June 8, 2026, Ankur Sinha, the Chief Product and Technology Officer of Remitly Global, Inc. (the “Company”), provided notice of his resignation from the Chief Product and Technology Officer role effective as of June 19, 2026.”
Earnings Releases

Remitly Global, Inc. reported first quarter ended March 31, 2026 results: revenue $452.8 million, net income $49.1 million. Guidance raised.

“• Revenue totaled $452.8 million, compared to $361.6 million, up 25%. • Net income was $49.1 million, compared to $11.4 million, up 332%.”
Debt Financings

Remitly Global, Inc. incurred revolving credit of $550,000,000 with JPMorgan Chase Bank, N.A. at Term SOFR rate, Daily Simple SOFR rate, or alternate base rate.

“as of September 13, 2021 (as amended, the “Prior Credit Agreement”), among Remitly, the financial institutions party thereto, and the Agent. The Credit Agreement provides for a $550,000,000 secured revolving credit facility (the “Facility”). Remitly anticipates using the proceeds from the Facility primarily to support prefunding of customer flows within Remitly’s”

Joshua Hug changed role as Vice Chair at Remitly Global, Inc..

“Mr. Hug will transition from his position as Vice Chair of the Company into a non-employee director role effective May 15, 2025.”

Luke Tavis was appointed as Chief Accounting Officer at Remitly Global, Inc..

“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.”

Gail Miller resigned as Chief Accounting Officer at Remitly Global, Inc..

“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.”

Rene Yoakum departed as EVP, Customer and Culture at Remitly Global, Inc..

“Rene Yoakum, the Company’s EVP, Customer and Culture provided notice that she will retire from the Company effective December 31, 2024.”

Hemanth Munipalli resigned as Chief Financial Officer at Remitly Global, Inc..

“Hemanth Munipalli will resign from his position with the Company effective August 19, 2024.”

Vikas Mehta was appointed as Chief Financial Officer at Remitly Global, Inc..

“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.”

Joshua Hug changed role as Vice Chair at Remitly Global, Inc..

“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.”
Earnings Releases

Remitly Global, Inc. reported the fiscal quarter ended March 31, 2024 results: revenue $269.1 million, net income $21.1 million. Guidance raised.

“quarter of 2023) • Active customers increased to 6.2 million, from 4.6 million, up 36%. • Send volume increased to $11.5 billion, from $8.5 billion, up 34%. • Revenue totaled $269.1 million, compared to $203.9 million, up 32%. • Net loss was $21.1 million, compared to $28.3 million. • Adjusted EBITDA was $19.3 million, compared to $5.4 million. 2024 Financial”
Governance Changes

Remitly Global, Inc.: Amended and restated bylaws regarding information requirements for proposing stockholder in director nominations and other business proposals (effective 2024-03-19).

“On March 19, 2024, the Board of Directors of Remitly Global, Inc. (the “Company”) amended and restated the Company’s bylaws with respect to the information requirements for the proposing stockholder in the nomination of directors and the proposal of other business.”
Earnings Releases

Remitly Global, Inc. reported fiscal year 2024 results: revenue Total revenue in the range of $1,225 million to $1,250 million. Guidance reaffirmed.

“For fiscal year 2024 , Remitly currently expects: • Total revenue in the range of $1,225 million to $1,250 million, representing a growth rate of 30% to 32% year over year. • To remain in a GAAP net loss position for 2024 and for Adjusted EBITDA to be in the range of $75 million to $90 million.”
Material Agreements

Remitly Global, Inc. amended Amendment No. 2 and Joinder Agreement with JPMorgan Chase Bank, N.A. valued at $75,000,000 (effective 2023-12-20).

“On December 20, 2023, Remitly Global, Inc. and Remitly, Inc. as borrowers and as guarantors (collectively, the “Company”) entered into the Amendment No. 2 and Joinder Agreement (the “Amendment No. 2”) which amends the Revolving Credit and Guaranty Agreement dated as of September 13, 2021 (as amended by the Amendment No. 1 dated as of June 26, 2023 and as further amended by Amendment No. 2, the “Credit Agreement”) with JPMorgan Chase Bank, N.A. as administrative agent and the lenders party thereto.”
Earnings Releases

Remitly Global, Inc. reported fiscal year 2023 results: revenue $935 million to $943 million. Guidance raised.

“For fiscal year 2023 , Remitly currently expects: • Total revenue in the range of $935 million to $943 million, representing a growth rate of 43% to 44% year over year. This outlook reflects an increase from our prior outlook of $915 million to $925 million.”
Earnings Releases

Remitly Global, Inc. reported third quarter ended September 30, 2023 results: revenue $241.6 million, net income -$35.7 million. Guidance raised.

“quarter of 2022) • Active customers increased to 5.4 million, from 3.8 million, up 42%. • Send volume increased to $10.2 billion, from $7.5 billion, up 36%. • Revenue totaled $241.6 million, compared to $169.3 million, up 43%. • Net loss was $35.7 million, compared to a net loss of $33.1 million. • Adjusted EBITDA was $10.5 million, compared to $(3.7) million. 2023”
Earnings Releases

Remitly Global, Inc. reported fiscal year 2023 results: revenue $915 million to $925 million. Guidance raised.

“For fiscal year 2023, Remitly currently expects: • Total revenue in the range of $915 million to $925 million, representing a growth rate of 40% to 42% year over year. This outlook reflects an increase from our prior outlook of $875 million to $895 million.”
Earnings Releases

Remitly Global, Inc. reported the second quarter ended June 30, 2023 results: revenue $234.0 million, net income $18.9 million.

“Revenue totaled $234.0 million, compared to $157.3 million, up 49%. • Net loss was $18.9 million, compared to a net loss of $38.2 million.”
Shareholder Votes

Remitly Global, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-06-14 meeting.

“Proposal 3 — Ratification of Appointment of Independent Registered Public Accounting Firm”
Shareholder Votes

Remitly Global, Inc. shareholders approved Advisory Approval of Say-on-Pay Frequency Proposal at the 2023-06-14 meeting.

“One Year Two Years Three Years Abstain Broker Non-Votes 86,261,314 150,631 229,928 8,066 21,151,389”
Shareholder Votes

Remitly Global, Inc. shareholders approved Election of Directors at the 2023-06-14 meeting.

“Nominee For Withheld Broker Non-Votes Bora Chung 85,681,390 968,549 21,151,389 Laurent Le Moal 84,313,555 2,336,384 21,151,389 Nigel Morris 76,119,714 10,530,225 21,151,389”
Earnings Releases

Remitly Global, Inc. reported first quarter ended March 31, 2023 results: revenue $203.9 million, net income Net loss was $28.3 million. Guidance raised.

“quarter of 2022) • Active customers increased to 4.6 million, from 3.0 million, up 50%. • Send volume increased to $8.5 billion, from $6.1 billion, up 40%. • Revenue totaled $203.9 million, compared to $136.0 million, up 50%. • Net loss was $28.3 million, compared to a net loss of $23.3 million. • Adjusted EBITDA was $5.4 million, compared to $(12.1) million. 2023”

Ron Shah resigned as Director at Remitly Global, Inc..

“On April 5, 2023, director Ron Shah notified the Company's Chief Executive Officer and Secretary of his intent to resign as a Class I director on the Company's board of directors, chair of the Talent and Compensation Committee, and a member of the Nominating and Corporate Governance committee effective June 14, 2023.”

Phyllis Campbell was appointed as Director at Remitly Global, Inc..

“appointed Ryno Blignaut and Phyllis Campbell as directors, effective as of April 6, 2023.”

Ryno Blignaut was appointed as Director at Remitly Global, Inc..

“appointed Ryno Blignaut and Phyllis Campbell as directors, effective as of April 6, 2023.”
Earnings Releases

Remitly Global, Inc. reported the full year ended December 31, 2022 results: revenue $653.6 million, net income $114.0 million. Guidance initiated.

“Full Year 2022 Highlights and Key Operating Data: (All comparisons relative to the full year 2021) • Send volume increased to $28.6 billion, from $20.4 billion, up 40%. • Revenue totaled $653.6 million, compared to $458.6 million, up 43%. • Net loss was $114.0 million and Adjusted EBITDA was $(13.6) million.”
Earnings Releases

Remitly Global, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $191.0 million, net income $19.4 million. Guidance initiated.

“Fourth Quarter 2022 Highlights and Key Operating Data (All comparisons relative to the fourth quarter of 2021) • Active customers increased to 4.2 million, from 2.8 million, up 48%. • Send volume increased to $8.1 billion, from $6.0 billion, up 35%. • Revenue totaled $191.0 million, compared to $135.3 million, up 41%. • Net loss was $19.4 million, compared to a net loss of $16.6 million. • Adjusted EBITDA was $7.5 million, compared to $(7.1) million.”
Earnings Releases

Remitly Global, Inc. reported the third quarter ended September 30, 2022 results: revenue $169.3 million, net income $33.1 million. Guidance raised.

“Third Quarter 2022 Highlights and Key Operating Data (All comparisons relative to the third quarter of 2021) • Active customers increased to 3.8 million, from 2.6 million, up 49%. • Send volume increased to $7.5 billion, from $5.2 billion, up 44%. • Revenue totaled $169.3 million, compared to $121.2 million, up 40%. • Net loss was $33.1 million and Adjusted EBITDA was $(3.7) million. 2022 Financial Outlook For fiscal year 2022 , Remitly currently expects: • Total revenue in the range of $635 million to $640 million, representing a growth rate of 38% to 40% year over year. This outlook reflects an increase from our prior outlook of $625 million to $630 million.”

Hemanth Munipalli was appointed as Chief Financial Officer at Remitly Global, Inc..

“On June 2, 2022, Hemanth Munipalli, age 52, was appointed Chief Financial Officer of Remitly Global, Inc. (the “Company”), effective July 18, 2022.”

Susanna Morgan resigned as Chief Financial Officer at Remitly Global, Inc..

“On May 5, 2022, Remitly Global, Inc. (the “Company”) announced that Susanna Morgan, its Chief Financial Officer (the “CFO”), will be leaving her position with the Company later this year.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.