Summary of Remitly Global Investor Day 2025 Company Overview - **Company**: Remitly Global (NasdaqGS: RELY) - **Event**: First-ever Investor Day held on December 9, 2025 - **Key Speakers**: - Matt Oppenheimer (CEO) - Pankaj Sharma (Chief Business Officer) - Ankur Sinha (Chief Product and Technology Officer) - Vikas Mehta (CFO) Core Industry Insights - **Industry**: Cross-border financial services and remittances - **Market Size**: The global cross-border payments market is over $22 trillion annually, with the consumer segment alone around $2 trillion [16][16] - **Growth Potential**: Remitly is currently capturing only 3% of the consumer cross-border payments volume, indicating significant room for growth [36][36] Key Points and Arguments - **Vision**: Remitly aims to "transform lives with trusted financial services that transcend borders," focusing on trust, reliability, and customer-centric solutions [7][7][8][8] - **Business Model**: The company has a structurally advantaged business model that is GAAP profitable, with projections of nearly $3 billion in revenue and close to $600 million in adjusted EBITDA by 2028 [7][7][30][30] - **Customer Growth**: Active users increased from 1.9 million in 2020 to 9 million in 2025, with send volume growing from $12.1 billion to $70 billion in the same period [16][16][17][17] - **Core Strengths**: - **Trust**: Essential for customer retention, evidenced by high app ratings and Trustpilot scores [19][19] - **Network**: A proprietary global partner and payout network covering over 5,300 corridors and 100 currencies, ensuring fast and reliable transfers [20][20] - **Scale**: Achieved through operational efficiencies and a flywheel effect that enhances free cash flow [22][22][23][23] Technology Trends - **Stablecoins**: Present a significant opportunity for Remitly, allowing customers in emerging markets to hold USD stablecoins as a store of value [24][24][25][25] - **Artificial Intelligence (AI)**: Enhances customer support and operational efficiency, with AI resolving one-third of customer support chats faster than human agents [26][26][27][27] Customer Experience and Retention - **Customer Satisfaction**: High retention rates and customer lifetime value (LTV) driven by trust, speed, and simplicity in service [48][48][49][49] - **Pricing Strategy**: Cost-plus pricing model that balances affordability for customers with sustainable returns for the company [54][54][55][55] Future Growth Strategy - **Geographic Expansion**: Plans to enter new markets, including Saudi Arabia, and expand into high-amount transfers and small-medium businesses [38][38][39][39] - **Product Diversification**: Introduction of new products like Remitly One and Send Now, Pay Later, aimed at enhancing customer relationships and expanding the addressable market [12][12][13][13] Conclusion - **Long-term Vision**: Remitly is positioned for significant growth by leveraging its strengths in trust, network, and scale, while also embracing emerging technologies like stablecoins and AI to enhance customer experience and operational efficiency [28][28][30][30]

PNC Bank debuted a service on Tuesday that allows some customers to trade Bitcoin on its banking platform, broadening the asset’s accessibility through Coinbase. The bank said the exchange’s “Crypto-as-a-Service” model underpins the offering, which rolled out to eligible customers following the announcement of a strategic partnership in July. The option is available to customers of PNC Private Bank, its service for high-net-worth customers and business owners. As the eighth-largest commercial bank by assets ...

Investor Day 2025 December 9, 2025 Welcome and Agenda 2 Dec 2025 / © 2025 Remitly Inc. Matt Oppenheimer Pankaj Sharma Ankur Sinha Vikas Mehta Primary Leadership Team Keynote Speakers | Matt Oppenheimer | Vision and strategic direction | | --- | --- | | Co-founder and CEO | | | Pankaj Sharma | Powering durable growth through global money movement | | Chief Business Officer | | | Ankur Sinha Chief Product & Technology Officer | Innovating with products & platforms | | Vikas Mehta | Driving long-term sharehold ...

The term 'RWA' is not commonly being used anymore, however, it's one of the most exciting verticals in the ecosystem.Stablecoins have taken the spotlight in 2025, arguably so, however, there's more than that.Today, @ADIChain_, built by @ADI_Foundation, will be going live on multiple exchanges.The reason that I find this one interesting is the connection between stablecoins and real estate, while being built in Abu Dhabi.On top of that, ADI is hosting the stablecoin infrastructure, which is the settlement la ...

Reflexivity Research: November 2025 Monthly Review 📊Tether hits $10B+ profits as stablecoins grow. BlackRock's BUIDL joins BNB Chain, becomes Binance collateral. Malaysia formalizes tokenization. DeFi speeds up value with dYdX boosting buybacks to 75%, but faces stress with $128M Balancer outflows and Berachain hardfork.Read our full analysis: https://t.co/kOHbLAePIk(Research Partner) ...

Core Insights - Australia's securities regulator, ASIC, has introduced new licensing and custody exemptions for certain stablecoins and wrapped tokens to promote innovation in the digital assets sector [1][2] - The recent measures build on previous class relief granted in September, allowing stablecoin intermediaries to operate without separate licensing [2][3] Regulatory Changes - ASIC has allowed providers to hold digital assets classified as financial products in omnibus accounts, contingent on proper record-keeping and reconciliation [2] - The updated digital asset guidance (INFO 225) published in October indicated a no-action position until June 30, 2026, for firms seeking licenses [2][3] Industry Feedback - Industry submissions supported the use of omnibus account structures for digital asset custody due to operational efficiencies, although there were calls for clearer record-keeping rules [4] - The guidance specifies that eligible stablecoins must maintain reserves equal to or greater than the total underlying currency amount, with unconditional redemption rights for holders [4] Reporting Requirements - Stablecoin issuers are mandated to publish quarterly reserve reports after four months and annual audited reports after 16 months to confirm reserves are cash or cash equivalents [5] Industry Perspective - The relief measures are seen as positive, although there is a historical divergence in views regarding whether tokens themselves are financial products or securities [6]

Circle expands its regulatory footprint in the UAEAnnounced at Abu Dhabi Finance Week:→ Secured an @ADGlobalMarket FSRA Financial Services Permission to operate as a Money Services ProviderThis milestone builds on USDC and EURC being the first stablecoins recognized by @DIFC earlier this year, reinforcing our commitment to transparency, compliance, and responsible innovation.https://t.co/kjW0bnj7JM ...

Regulatory Developments - CFTC (美国商品期货交易委员会) 推出数字资产试点计划，包括 BTC (比特币), ETH (以太坊) 和 USDC (美元稳定币) [1] - 该计划旨在通过 CFTC 经纪商保护美国人在使用加密货币时的安全 [1] - 新的指导方针将促进代币化市场，并减少过时的繁文缛节 [1] Market Impact - 受监管的稳定币 (如 USDC) 可以降低风险，减少摩擦，并升级市场基础设施 [1] - 负责任的创新将获得成功 [1] Strategic Implications - 此举是美国在数字资产领导地位上迈出的重要一步 [1]

Only three chains have over $10B in natively minted stablecoins: Ethereum, Tron, and Solana.What is 3 as a % of all chains funded to date? https://t.co/q9hkJJ7gIx ...

👔💬 Jamie Dimon on crypto: “Blockchain is real, stablecoins may have a real use, we have the JPM Coin, tokens and programmable money are real." https://t.co/hvDy1QEVfK ...