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Paymentus Holdings vs Remitly Global

Remitly Global is the larger business, with $1.64bn of revenue in fiscal 2025 against $1.20bn for Paymentus Holdings (1.4 times as much). Paymentus Holdings grew faster (37.3% against 29.4%). Paymentus Holdings kept more of each dollar of sales as profit: a net margin of 5.6% against 4.2%. Paymentus Holdings carries less debt relative to equity (0.0% against 18.2%).

Latest fiscal yearPaymentus HoldingsPAY, 2025Remitly GlobalRELY, 2025
Revenue $1.20bn $1.64bn
Revenue growth 37.3% 29.4%
Net income $66.9m $67.9m
Operating margin 6.3% 4.7%
Net margin 5.6% 4.2%
Return on equity 12.8% 8.9%
Free cash flow $162m $296m
Cash $321m $542m
Total debt $0 $158m
Debt to equity 0.0% 18.2%
Dividend per share — —
Dividend yield — —
Share buybacks — $23.9m
Employees 1,340 3,200
Market value $4.15bn $5.41bn
Price vs our value range Below our value range Within our value range
Moat score 44 (Weak) 30 (Weak)
Insider trades, 12 months 0 buys, 13 sales 0 buys, 72 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.