Remitly Global vs Wise Group
Wise Group is the larger business, with $1.89bn of revenue in fiscal 2026 against $1.64bn for Remitly Global (1.2 times as much). Remitly Global grew faster (29.4% against 22.5%). Wise Group kept more of each dollar of sales as profit: a net margin of 26.3% against 4.2%. Wise Group carries less debt relative to equity (17.4% against 18.2%).
| Latest fiscal year | Remitly GlobalRELY, 2025 | Wise GroupWSE, 2026 |
|---|---|---|
| Revenue | $1.64bn | $1.89bn |
| Revenue growth | 29.4% | 22.5% |
| Net income | $67.9m | $499m |
| Operating margin | 4.7% | 31.2% |
| Net margin | 4.2% | 26.3% |
| Return on equity | 8.9% | 27.2% |
| Free cash flow | $296m | $7.53bn |
| Cash | $542m | $27.80bn |
| Total debt | $158m | $335m |
| Debt to equity | 18.2% | 17.4% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $23.9m | $473m |
| Employees | 3,200 | — |
| Market value | $5.41bn | $11.08bn |
| Price vs our value range | Within our value range | — |
| Moat score | 30 (Weak) | — |
| Insider trades, 12 months | 0 buys, 72 sales | 0 buys, 5 sales |