Is rely stock a buy?
Is rely stock a buy?
(RELY) has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.
Will Remitly stock go up?
Analyst Price Target on RELY Based on 6 Wall Street analysts offering 12 month price targets for Remitly Global in the last 3 months. The average price target is $21.50 with a high forecast of $31.00 and a low forecast of $14.00. The average price target represents a 100.75% change from the last price of $10.71.
Is Remitly a good stock to buy?
Remitly Global’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 6 Wall Streets Analysts.
Why is Remitly stock dropping?
Remitly priced its initial public offering (IPO) at $43 in September, but the stock is now trading in the single digits, down nearly 80%. Fears of inflation, rising interest rates, and now the war in Ukraine have sent high-growth tech stocks plummeting, especially unprofitable ones like Remitly.
Is Remitly an American company?
As used throughout this Agreement, the terms “Remitly”, “we”, “us”, and “our” refer to Remitly, Inc., a Delaware U.S.A. corporation, together with its employees, directors, successors, and assignees. The terms “you” and “your” refer to users of the Service, whether as Senders or Recipients.
How does Remitly make money?
It makes money by charging transaction fees and marking up foreign exchange rates. Fees vary widely by country, but on average, Remitly charges about 1.5% for a transfer, Forbes estimates. Western Union, which owns many brick-and-mortar locations and brought in $852 million in profit last year, charges roughly 5%.
Which is better Remitly or Western Union?
Overall, our findings between Remitly vs Western Union are that you will typically find lower rates, faster transfer times, and more efficient customer service when using Remitly’s services. The brand receives excellent reviews, offers competitive rates, and can complete the majority of transfers with minutes.
Can you get scammed on Remitly?
A scammer may contact you pretending to work for Remitly. They might ask you to give them your password or other information or try to convince you to download software, saying it’s required to fix problems with your account. If this happens, it’s a scam.
Who owns the Remitly?
Remitly GlobalRemitly, Inc. / Parent organization
Can I trust Remitly?
Yes, Remitly is a trustworthy and secure money transfer provider. The company has an “Excellent” customer rating (4.5/5) on Trustpilot. Hundreds of thousands of Remitly customers are collectively transferring more than $6 billion a year through its services. Remitly offers a 100% satisfaction or money-back guarantee.
Is Remitly safe to send money?
Yes, it is safe to send money with Remitly. Not only is the business licensed and recognized as a money transfer provider, its website and apps use modern security measures to protect your information and your money.
How long does it take to transfer money from Remitly?
We may offer two delivery speeds – sometimes called Economy or Express. We recommend using Express when you need to send money fast, delivery is usually within minutes when using a debit card, and Economy when you’re able to wait 3-5 business days for your funds to be delivered.