|Bid||23.92 x 1200|
|Ask||24.09 x 800|
|Day's range||23.40 - 25.38|
|52-week range||23.40 - 53.65|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
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.
RELY earnings call for the period ending September 30, 2021.
In this episode of Industry Focus: Financials, host Jason Moser and Fool.com contributor Matt Frankel, CFP, take a deep dive into Remitly (NASDAQ: RELY), a cross-border payments company that just went public. The pair discusses what Remitly does, how it makes money, its market opportunity, and much more, so check out the discussion to see if it could be a stock to put on your radar. Joining me this week, it's Certified Financial Planner, Mr. Matt Frankel.