The 2026 Seattle ORBIE Awards recognized exceptional leadership from CIOs and CISOs across major Pacific Northwest organizations including Weyerhaeuser, MultiCare Health System, BECU, Starbucks, Premera Blue Cross, Remitly, PCC Community Markets, and Gesa Credit Union. The awards, hosted by SeattleCIO and PacificNorthwestCISO chapters, honored leaders driving business transformation and security excellence across nine categories. Over 450 executives attended the ceremony at The Westin Seattle.

Remitly Global, Inc. announced the appointment of Adam Messinger, former CTO of Twitter and Oracle executive, to its Board of Directors, expanding the board from 10 to 11 members. Messinger brings over 20 years of software development and technical leadership experience. The appointment comes as Remitly expands beyond money movement into broader financial services.

Amid Nasdaq correction concerns driven by geopolitical tensions and oil price fears, the article recommends three stocks trading at attractive valuations: Oscar Health, a technology-forward health insurer gaining market share; Adyen, a dominant enterprise payment processor; and Remitly Global, a leader in digital money transfers. All three companies are positioned to thrive regardless of broader economic conditions.

Naspers Ltd sold 12 million Remitly shares for $191.8 million on March 12, 2026, reducing its indirect stake by 47% and dropping below the 10% ownership threshold. This is the second major block sale in under a year as part of Naspers's broader $2 billion divestiture program targeting non-core holdings. Despite the exit, Naspers retains 13.4 million shares indirectly.

Remitly Global, a remittance platform, is viewed negatively by Wall Street due to concerns about AI and stablecoin disruption, but the article argues this narrative is misguided. The company is actually leveraging AI and stablecoins to improve its business, with 26% year-over-year revenue growth. Trading at just $16 with a forward P/E of 8, the stock is considered undervalued for long-term investors.

The article recommends three undervalued stocks for investors with $1,000 to deploy: Shopify, which facilitates $378.4 billion in annual transactions despite a 20% pullback; Remitly Global, a digital remittance platform handling $74.9 billion in transfers with 29% revenue growth; and Chewy, an online pet retailer that has achieved profitability with projected net income to nearly triple by 2028 despite single-digit sales growth.

Remitly Global's stock surged 26.3% in February following strong Q4 2025 earnings with 26% revenue growth to $442 million, record 9% operating margin, and robust 2026 guidance projecting 19-20% revenue growth. Despite the rally, shares remain 64% below IPO highs, and analysts view the stock as undervalued with significant long-term growth potential in the global remittance market.

Remitly Global (RELY) fell 5% today despite a bullish analyst note from Cantor Fitzgerald raising its price target to $20. The decline was driven by broader market panic over a hypothetical scenario suggesting AI and stablecoins could disrupt the payments sector. However, analysts note Remitly's strong fundamentals, recent profitability improvements, and early experimentation with stablecoins may insulate it from such disruption.

Remitly Global's stock surged 30% following strong Q4 earnings and positive 2026 guidance. The remittance platform reported 19% YoY growth in active customers, 26% revenue growth, and 35% send volume growth, while achieving a record 9% GAAP operating margin. The company guided for 20% revenue growth in 2026 with adjusted EBITDA of $340-360 million, trading at a 10x multiple on 2026 earnings guidance.

Remitly Global, Inc. announced it will report fourth quarter and full year 2025 financial results on February 18, 2026, followed by a management conference call and webcast at 2:00 p.m. PT / 5:00 p.m. ET to discuss results and answer analyst questions.

Remitly Global, a digital-first fintech company in the remittance market, has seen its stock fall two-thirds since its 2021 IPO despite strong 25% revenue growth. Trading at just 5x its 2028 EBITDA forecast with new products like Remitly One subscription service, the company appears undervalued if it can meet its guidance of $2.6-3 billion revenue and $575-600 million EBITDA by 2028.

The article highlights two undervalued consumer stocks to buy in 2026: Sprouts Farmers Market and Remitly Global. Sprouts, trading at a P/E of 13.8, is experiencing a drawdown due to slowing same-store sales but has strong expansion potential with fewer than 500 locations. Remitly, a cross-border payments disruptor, is down 39% over the past year but shows solid revenue growth of 25% and is trading at under 2x price-to-sales with projected 5x earnings multiple by 2028.