Remitly launches IPO at $43 a share

Remitly, which provides cross-border remittances and financial services for immigrants, today began trading on the NASDAQ Global Select Market. The Seattle-based fintech, with $312.6 billion in assets, priced its initial public offering (IPO) at $43 a share under the ticker symbol RELY. Shares climbed to a high of $50.70 at 11:45 a.m. before dipping to […]