Remitly Global, Inc.

NasdaqGS:RELY Stock Report

Market Cap: US$2.7b

Remitly Global Management

Management criteria checks 4/4

Remitly Global's CEO is Matt Oppenheimer, appointed in Jan 2011, has a tenure of 14.83 years. total yearly compensation is $296.10K, comprised of 97.9% salary and 2.1% bonuses, including company stock and options. directly owns 2.15% of the company’s shares, worth $57.61M. The average tenure of the management team and the board of directors is 3.8 years and 4.5 years respectively.

Key information

Matt Oppenheimer

Chief executive officer

US$296.1k

Total compensation

CEO salary percentage97.94%
CEO tenure14.8yrs
CEO ownership2.2%
Management average tenure3.8yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Remitly Global: Near-Term Uncertainties Make It Hard To Be Bullish

Oct 02

Take Care Before Diving Into The Deep End On Remitly Global, Inc. (NASDAQ:RELY)

Jun 10
Take Care Before Diving Into The Deep End On Remitly Global, Inc. (NASDAQ:RELY)
User avatar

Expanding Geographic Reach And AI Integration Will Open New Markets

Geographic expansion and local partnerships position Remitly to capture more share in the large remittance industry, supporting revenue growth.

Remitly: Money Might Start Flowing To Investors

Mar 29

Remitly Global, Inc.'s (NASDAQ:RELY) P/S Still Appears To Be Reasonable

Feb 19
Remitly Global, Inc.'s (NASDAQ:RELY) P/S Still Appears To Be Reasonable

Remitly Global: I Expect Consistent Profitability Going Forward

Jan 15

Remitly: Interesting Small-Cap With Large TAM But Lots Of Competition

Dec 22

Remitly: Remittances Play Might Pay Off

Nov 18

A Piece Of The Puzzle Missing From Remitly Global, Inc.'s (NASDAQ:RELY) 38% Share Price Climb

Nov 02
A Piece Of The Puzzle Missing From Remitly Global, Inc.'s (NASDAQ:RELY) 38% Share Price Climb

Remitly Faces Softening Global Macro Conditions (Rating Downgrade)

Sep 06

Fewer Investors Than Expected Jumping On Remitly Global, Inc. (NASDAQ:RELY)

Aug 28
Fewer Investors Than Expected Jumping On Remitly Global, Inc. (NASDAQ:RELY)

Remitly Global: Solid Macro Tailwinds And Track Record Of Growth

Jun 28

Slammed 26% Remitly Global, Inc. (NASDAQ:RELY) Screens Well Here But There Might Be A Catch

May 03
Slammed 26% Remitly Global, Inc. (NASDAQ:RELY) Screens Well Here But There Might Be A Catch

Remitly: An Interesting Growth Play Is Awaiting Operating Leverage

Apr 22

Remitly Global, Inc. (NASDAQ:RELY) Analysts Are Pretty Bullish On The Stock After Recent Results

Feb 24
Remitly Global, Inc. (NASDAQ:RELY) Analysts Are Pretty Bullish On The Stock After Recent Results

Remitly Global, Inc. (NASDAQ:RELY) Not Lagging Industry On Growth Or Pricing

Feb 13
Remitly Global, Inc. (NASDAQ:RELY) Not Lagging Industry On Growth Or Pricing

Buy Remitly As Fears Around Marketing Spend Are Unfounded

Jan 30

CEO Compensation Analysis

How has Matt Oppenheimer's remuneration changed compared to Remitly Global's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

US$21m

Jun 30 2025n/an/a

US$14m

Mar 31 2025n/an/a

-US$5m

Dec 31 2024US$296kUS$290k

-US$37m

Sep 30 2024n/an/a

-US$66m

Jun 30 2024n/an/a

-US$104m

Mar 31 2024n/an/a

-US$111m

Dec 31 2023US$291kUS$290k

-US$118m

Sep 30 2023n/an/a

-US$102m

Jun 30 2023n/an/a

-US$100m

Mar 31 2023n/an/a

-US$119m

Dec 31 2022US$293kUS$290k

-US$114m

Sep 30 2022n/an/a

-US$111m

Jun 30 2022n/an/a

-US$91m

Mar 31 2022n/an/a

-US$54m

Dec 31 2021US$9mUS$290k

-US$39m

Sep 30 2021n/an/a

-US$31m

Jun 30 2021n/an/a

-US$21m

Mar 31 2021n/an/a

-US$27m

Dec 31 2020US$289kUS$285k

-US$33m

Compensation vs Market: Matt's total compensation ($USD296.10K) is below average for companies of similar size in the US market ($USD7.18M).

Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.

CEO

Matt Oppenheimer (41 yo)

14.8yrs
Tenure
US$296,100
Compensation

Mr. Matthew B. Oppenheimer, also known as, Matt, Co-Founded Remitly Global, Inc. (formerly known as Remitly, Inc.) in 2011 and serves as its President, Chief Executive Officer and Director. Mr. Ocommpenhei...

Leadership Team

NamePositionTenureCompensationOwnership
Matthew Oppenheimer
Co-Founder14.8yrsUS$296.10k2.15%
$ 57.6m
Vikas Mehta
Chief Financial Officer1.3yrsUS$13.26m0.039%
$ 1.0m
Ankur Sinha
Chief Product Officer & CTO3.8yrsUS$10.09m0.20%
$ 5.2m
Pankaj Sharma
Chief Business Officer3.9yrsUS$5.40m0.097%
$ 2.6m
Joshua Hug
Co-Founder & Director14.8yrsUS$4.12m1.89%
$ 50.6m
Luke Tavis
Chief Accounting Officerless than a yearno data0.0012%
$ 31.0k
Saema Somalya
Chief Legal & Corporate Affairs Officer4.9yrsno data0.026%
$ 700.0k
Ronit Peled
Chief People Officer1.5yrsno datano data
3.8yrs
Average Tenure
45yo
Average Age

Experienced Management: RELY's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Matthew Oppenheimer
Co-Founderno dataUS$296.10k2.15%
$ 57.6m
Joshua Hug
Co-Founder & Directorno dataUS$4.12m1.89%
$ 50.6m
Phyllis Campbell
Independent Director2.6yrsUS$228.48k0.019%
$ 506.5k
Nigel Morris
Independent Director4.3yrsUS$448.82k0.88%
$ 23.6m
Phillip Riese
Lead Independent Director8.9yrsUS$263.31k0.054%
$ 1.4m
Margaret Smyth
Independent Director4.5yrsUS$658.27k0.025%
$ 676.7k
Ryno Blignaut
Independent Director2.6yrsUS$249.34k0.022%
$ 582.3k
Laurent Le Moal
Independent Director8.1yrsUS$446.33k0.020%
$ 533.8k
Bora Chung
Independent Director5yrsUS$453.80k0.057%
$ 1.5m
4.5yrs
Average Tenure
53yo
Average Age

Experienced Board: RELY's board of directors are considered experienced (4.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/19 02:35
End of Day Share Price 2025/11/18 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Remitly Global, Inc. is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ramsey El-AssalBarclays
Andrew SchmidtCitigroup Inc
David ScharfCitizens JMP Securities, LLC