Slide 1: Investor Presentation Third Quarter 2025 Earnings
Investor Presentation Third Quarter 2025 Earnings Nov 2025 / © 2025 Remitly Inc. November 5, 2025
Slide 2: Disclosures: Forward-Looking Statements
Disclosures 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 include, but are not limit
Slide 3: 3Q Strategic Overview
3Q Strategic Overview Matt Oppenheimer Co-Founder & CEO 3 Nov 2025 / © 2025 Remitly Inc.
Slide 4: Strong Financial Performance
3Q25 Revenue $419.5m up 25% Y/Y Strong Financial 3Q25 Profitability Performance $8.8m GAAP Net Income $61.2m Adjusted EBITDA* *Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP measures. Please 15% see reconciliation of non-GAAP measures to the most comparable GAAP measures in the Appendix. 4
Slide 5: Strategic Updates
Customer Product Categories Innovation Remitly Remitly One Strategic Business Updates High Amount Stablecoins Senders 5 Nov 2025 / © 2025 Remitly Inc.
Slide 6: Remitly Business
Remitly Business Market Product Business Expansion Improvements Momentum ● Expanding TAM ● Strengthened our ● Nearly 10K from 2T to 22T1 KYB engine → higher active businesses approval rates ● Launched in the ● ~2x average UK & Canada ● Refined verification transaction size checks → reduced ● ~2x hig
Slide 7: High Amount Senders
High Amount Senders Raised send limits to +200bps $100k Y/Y mix shift to customers sending $1K+ in the US +40% Y/Y growth in send volume for customers sending $1K+ 7 Nov 2025 / © 2025 Remitly Inc.
Slide 8: Remitly One
Remitly One Flex Wallet Debit Card “Send now, pay Multi-currency Spend directly later” liquidity for wallet for secure from Remitly cross-border needs storage of fiat Wallet and stablecoins Benefits Benefits Benefits Remitly One Instant funding, Earn boost Spend globally Move. Manage. rewards to gro
Slide 9: Stablecoins
Stablecoins Treasury Customer Network Operations Rollout Expansion ● Operationalized ● Limited rollout ● Integrated tokenized USD for of USDC wallet blockchain payout global liquidity in the US rails via Bridge, a Stripe company ● Enabling 24/7 ● Foundation for settlement & global expansion ● Launch
Slide 10: Our Vision
Our Vision Transform lives with trusted financial services that transcend borders 10 Nov 2025 / © 2025 Remitly Inc.
Slide 11: 3Q Financial Results
3Q Financial Results Vikas Mehta CFO 11 Nov 2025 / © 2025 Remitly Inc.
Slide 12: 3Q — Strong execution
Scale Revenue Profitability $19.5b $419.5m $8.8m 35% growth in send volume 25% growth in revenue GAAP Net Income over 3Q 2024 over 3Q 2024 3Q — $61.2m Strong 8.9m Adjusted EBITDA* execution 21% growth in quarterly active customers over 3Q 2024 15% Adjusted EBITDA Margin* *Adjusted EBITDA and Adjuste
Slide 13: Four key focus areas to drive sustainable, long-term returns
Quarterly Active Customers Revenue (in thousands) Four key focus areas to drive sustainable, YoY % Growth 35% 32% 29% 24% 21% YoY % Growth 39% 33% 34% 34% 25% long-term returns Revenue less Transaction Expense Adjusted EBITDA1 Net Income (Loss) $2 ($6) $11 $7 $9 Note: $ in millions. 1. Adjusted EBIT
Slide 14: Delivering operating efficiencies
Delivering operating efficiencies 3Q 25 Year-over-Year Change Performance Drivers 2 ● Increased investment in high amount senders and Remitly Business Marketing bps ● Efficiencies in digital and brand marketing along with word of mouth 21 ● Product improvements driving lower contact rates CS bps ● I
Slide 15: 2025 and 4Q 2025 Outlook
2025 2025 and $1.619b - $1.621b 2025 Revenue, 28% YoY growth 4Q 2025 Outlook $234m - $236m 2025 Adjusted EBITDA Note: We expect GAAP net income to be positive for the fourth quarter of 2025. We also expect positive GAAP net income for 4Q 2025 the full year 2025. This guidance is only effective as of
Slide 16: Q&A
Q&A 16 Nov 2025 / © 2025 Remitly Inc.
Slide 17: Remitly became my go-to app.
Remitly became my go-to app. “ It’s click, click, and the money is arriving. Derek, a Business customer Sends money from USA to NGA 17 Nov 2025 / © 2025 Remitly Inc.
Slide 18: Appendix
Appendix 18 Nov 2025 / © 2025 Remitly Inc.
Slide 19: Non-GAAP Financial Measures
Non-GAAP Financial Measures 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 regularly re
Slide 20: Non-GAAP Reconciliation
Non-GAAP Reconciliation Reconciliation of operating expenses to non-GAAP operating expenses 3Q 2025 2Q 2025 1Q 2025 4Q 20241 3Q 2024 1 (in thousands) Customer support and operations $26,386 $25,074 $22,573 $22,008 $21,792 Excluding: Stock-based compensation expense, net 455 453 256 268 278 Excluding
Slide 21: Non-GAAP Reconciliation
Non-GAAP Reconciliation Reconciliation of net income (loss) to Adjusted EBITDA and calculation 3Q 2025 2Q 2025 1Q 2025 4Q 20241 3Q 2024 1 of Adjusted EBITDA margin (in thousands, except for percentages) Net income (loss) $8,829 $6,536 $11,352 ($5,724) $1,917 Add: Interest (income) expense, net 50 (4
Slide 22: Thank you.
Thank you.