Why Remitly Global stock lost 5% today

A broader sell-off in the payments sector weighed on Remitly.

Remitly CEO Matt Oppenheimer steps down, hands reins of fintech company to former Amazon exec

Veteran tech and finance executive Sebastian Gunningham will replace Oppenheimer as CEO of the Seattle-based company.
AOL

The Remitly Reassessment: What Divisadero’s 95 Million Exit Tells Us About Digital Money Movement

As of November 13, 2025, shares were priced at $12.49, down 38.3% over the past year, underperforming the S&P 500 by 48.83 percentage points. The position was previously 2.2% of the fund's AUM as of ...

From a mall booth to a $3B fintech: Matt Oppenheimer’s startup lessons from a 15-year journey with Remitly

We spoke with the longtime Remitly leader who helped grow a three-person Techstars Seattle startup into one of the world's ...
The Motley Fool

The Remitly Reassessment: What Divisadero’s 95 Million Exit Tells Us About Digital Money Movement

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: ...