Slide 1: Second Quarter 2025 Earnings
August 2025 / © 2025 Remitly Inc. Investor Presentation Second Quarter 2025 Earnings August 6, 2025
Slide 2: Forward-Looking Statements
August 2025 / © 2025 Remitly Inc. 2 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. These statements in
Slide 3: 2Q Strategic Overview
2Q Strategic Overview Matt Oppenheimer Co-Founder & CEO 3 August 2025 / © 2025 Remitly Inc.
Slide 4: 2Q25 Exceptional Financial Performance — GAAP Profitability and Rule of 50
August 2025 / © 2025 Remitly Inc. 2Q25 Revenue Exceptional Financial Performance — GAAP Profitability and Rule of 50 2Q25 Profitability *Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP measures. Please see reconciliation of non-GAAP measures to the most comparable GAAP measures in the Append
Slide 5: Breakthrough innovation
August 2025 / © 2025 Remitly Inc. 5 Remitly One Remitly Business Agentic AI Stablecoins Breakthrough innovation Note: Mobile screenshot is a preliminary design and is subject to change before launch.
Slide 6: Remitly Business
August 2025 / © 2025 Remitly Inc. 6 Remitly Business Supercharging businesses ● Fast, Global Onboarding Automated eKYB and global reach ● Competitive Price and High Trust Transparent pricing with strong security ● Advanced Business Tools Bulk payouts, payment requests, and reconciliation support Lar
Slide 7: Remitly One
August 2025 / © 2025 Remitly Inc. Remitly One 7 Remitly Flex “Send now, pay later” liquidity for cross-border needs Remitly One Unified membership experience for storing, payments, and liquidity Product Launch event in September Remitly Wallet Multi-currency wallet for secure storage of fiat and sta
Slide 8: Stablecoins Customer Value Proposition
August 2025 / © 2025 Remitly Inc. Stablecoins 8 Customer Value Proposition ● Store and manage stablecoin balances in Wallet launching USDC with Circle Internet Financial ● Receive payments in stablecoin wallets launching with Bridge, a Stripe company ● Internal Treasury efficiencies to fund liquidit
Slide 9: Agentic AI Customer Value Proposition
August 2025 / © 2025 Remitly Inc. 9 Agentic AI Customer Value Proposition ● Powerful lever for customer acquisition and onboarding ● Remitly on WhatsApp experience drives offline to online use through simple, chat-based flows to send money ● Better customer engagement and higher conversion rates for
Slide 10: Our Vision
August 2025 / © 2025 Remitly Inc. Our Vision Transform lives with trusted financial services that transcend borders 10
Slide 11: 2Q Financial Results
2Q Financial Results Vikas Mehta CFO 11 August 2025 / © 2025 Remitly Inc.
Slide 12: 2Q — Strong execution
Revenue ProfitabilityScale 2Q — Strong execution *Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP measures. Please see reconciliation of non-GAAP measures to the most comparable GAAP measures in the Appendix. 12 August 2025 / © 2025 Remitly Inc. 8.5m 24% growth in quarterly active customers
Slide 13: Four key focus areas to drive sustainable, long-term returns
Four key focus areas to drive sustainable, long-term returns Note: $ in millions. 1. Adjusted EBITDA and Adjusted EBITDA margin are non- GAAP measures. Please see reconciliation of non-GAAP measures to the most comparable GAAP measures in the Appendix. 13 August 2025 / © 2025 Remitly Inc. Quarterly
Slide 14: Delivering operating efficiencies
August 2025 / © 2025 Remitly Inc. 14 Delivering operating efficiencies 2Q 25 Year-over-Year Change Performance Drivers Non-GAAP Operating Expenses as a % of Revenue1 Marketing 422 bps ● Efficiencies in digital and brand marketing along with word of mouth ● Continue to invest behind paid channels wit
Slide 15: 2025 and 3Q 2025 Outlook
Note: We expect to deliver modest GAAP net income in 3Q 2025. We also expect positive GAAP net income for the full year 2025. This guidance is only effective as of the date given, August 6, 2025, and will not be updated or affirmed unless and until we publicly announce updated or affirmed guidance.
Slide 16: Q & A
Q & A 16 August 2025 / © 2025 Remitly Inc.
Slide 17: Customer testimonial
17 August 2025 / © 2025 Remitly Inc. The first transaction was flawless and it was convenient and it was fast. So I’ve been hooked ever since. Tony, a Business customer Sends money from USA to DOM “
Slide 18: Appendix
Appendix 18 August 2025 / © 2025 Remitly Inc.
Slide 19: Non-GAAP financial measures notes
August 2025 / © 2025 Remitly Inc. 19 Some of the financial information and data contained in this presentation, such as Adjusted EBITDA and non-GAAP operating expenses, have not been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP"). We reg
Slide 20: Reconciliation of operating expenses to non-GAAP operating expenses
August 2025 / © 2025 Remitly Inc. Reconciliation of operating expenses to non-GAAP operating expenses (in thousands) 2Q 2025 1Q 2025 4Q 20241 3Q 20241 2Q 20241 Customer support and operations $25,074 $22,573 $22,008 $21,792 $19,999 Excluding: Stock-based compensation expense, net 453 256 268 278 259
Slide 21: Reconciliation of net income (loss) to Adjusted EBITDA
August 2025 / © 2025 Remitly Inc. Reconciliation of net income (loss) to Adjusted EBITDA and calculation of Adjusted EBITDA Margin (in thousands, except for percentages) 2Q 2025 1Q 2025 4Q 20241 3Q 20241 2Q 20241 21 Non-GAAP Reconciliation Net income (loss) $6,536 $11,352 ($5,724) $1,917 ($12,091) A
Slide 22: Thank you.
Thank you. Remitly’