The transaction was a substantial sell, leaving Remitly Global at 0.04% of the fund's $2.29 billion reportable AUM, which places it outside the fund’s top five holdings. Top holdings after the filing: ...
Highlights Short-Term Risks Tied to the Uncertain Nature of U.S. Immigration Policies and Longer-Term Structural Displacement Risk From Increasing Adoption of Stablecoins by Processing Partners Such ...
Remitly is growing quickly but facing a lot of potential threats over news around stablecoins and remittance taxes. The company can work through any disruptions in the remittance market and has a ...
Remitly Global is a digital-first fintech company that provides international money transfer services to over 170 countries. The company has experienced significant revenue growth and increased its ...