Remitly Global, Inc. Profile Avatar - Palmy Investing

Remitly Global, Inc.

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 150 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washing…

Software - Infrastructure
US, Seattle [HQ]

Risk Factors

By Management
10-K
  1. If we fail to comply with our obligations under license or technology agreements with third parties, or if we cannot license rights to use technologies on reasonable terms, we could be required to pay damages, lose license rights that are critical to our business, or be unable to commercialize new products and services in the future.

  2. Cyberattacks, cybersecurity breaches, service outages, or other similar incidents could result in serious harm to our business, reputation, and financial condition, including by triggering regulatory action or a breach of our agreements with significant partners that we rely on to deliver our services.

  3. Failure to comply with sanctions laws, anti-terrorist financing laws, anti-money laundering laws, and similar laws associated with our activities outside of the United States, and anti-corruption laws could subject us to penalties and other adverse consequences.

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End of RELY's Analysis
CIK: 1782170 CUSIP: 75960P104 ISIN: US75960P1049 LEI: - UEI: -
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