Remitly Investor Conference Presentation Deck slide image

Remitly Investor Conference Presentation Deck

Opportunity is massive and we are just getting started ¹ Remitly Form 10-K. 2 Remitly Form 10-K and The World Bank, Migration and Development Brief 35, Nov 2021 June 2022 / © 2022 Remitly Inc. 9 Remittances TAM $1.6T¹ Global remittances through both formal and informal channels Remitly SAM $589B² 2021 World Bank estimate of remittance flows to Low and Middle Income countries 2 Majority of remittances still flow through 'brick and mortar' channels, including informal remittances Digital remittances account for ~15-25% of total addressable market, but mix shift is occurring rapidly 49% YOY 1Q22 revenue growth rate for Remitly demonstrates our ability to gain share Achieving scale rapidly and effectively is essential to long term success
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