The timing of Remitly’s decision to remove "Be Transparent" from its corporate values is also questioned, especially when greater transparency is demanded. The report goes on to highlight the ...

09:08 EDT Remitly Global (RELY) down 4% at $19.22 after short call by Spruce Point Capital Effectively assess a stock's risks and opportunities with a clear breakdown of its positive and negative ...

Remitly recently dropped “Be Transparent” as a corporate value at a time when we believe they should be more, not less, transparent and should explain the stability of their take rate.

Spruce Point Capital Management issued a detailed report entitled, “Why We Mistrust Remitly”, that outlines why the firm believes and estimate that shares of Remitly Globa face approximately ...