Remitly launches IPO at $43 a share

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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 […]

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