Remitly Global, Inc. RELY Settlements receivable
Settlements receivable at other companies
Other financials
Where this comes from
Reported directly by Remitly Global, Inc. in its filing.
Tagged under the XBRL concept us-gaap:SettlementAssetsCurrent.
The official record: Remitly Global, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Remitly Global, Inc.'s settlements receivable?
- Remitly Global, Inc. (RELY) reported settlements receivable of $295.79M in Q1 2026.
- How has Remitly Global, Inc.'s settlements receivable changed year-over-year?
- Remitly Global, Inc.'s settlements receivable increased by 38.5% year-over-year, from $213.55M to $295.79M.
- What is the long-term trend for Remitly Global, Inc.'s settlements receivable?
- Over 5 years (2020 to 2025), Remitly Global, Inc.'s settlements receivable has grown at a 41.4% compound annual growth rate (CAGR), from $50.73M to $286.46M.
- What does settlements receivable mean?
- This represents funds held in transit or due from payment processors and financial institutions related to completed customer transactions. It captures the short-term receivables generated during the clearing and settlement process of cross-border money transfers. Monitoring this balance is essential for assessing the company's counterparty risk and the efficiency of its payment processing cycle.