Is This Recent Fintech IPO Worth Your Money?
With the speed of the market, it's no surprise that investors watch closely for companies that are holding initial public offerings (IPO) in an attempt to get lucky by getting into a "winner" early. Financial technology company Remitly Global (NASDAQ: RELY) came public less than three months ago and has already seen its stock decline by more than 50%. Before diving into Remitly's role in the global payments space, it's probably best to provide some context on the remittance industry.
