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Why Is No One Talking About This Fintech IPO?

Why Is No One Talking About This Fintech IPO?

Fintech stocks have skyrocketed in recent years as names like Paypal and Square have disrupted the broader financial services sector. One recent initial public offering (IPO), Remitly Global (NASDAQ: RELY), is taking a unique approach to the massive payments market by focusing on the immigrant market and the billions in remittances sent internationally every year. Former Pakistani cricket star Shoaib Akhtar promotes Remitly's service.