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  "documentTitle": "Remitly Global, Inc. (RELY)",
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      "text": "Maybe in five or maybe 10 years, there won't be much money to be made on remittance per se.",
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      "text": "Comments on Remitly: Remitly, it's an interesting one because they are the best digital remittance company out of U.S... They've done well in Asia and Africa, but I've seen some newcomers... You think Remitly is only the disruptor. I think, in my book, Remitly is a good company, but they only do one thing, and that's remittances, whereas some of these other players have a competitive advantage which takes ages to create.",
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      "text": "Now, let's go to the other place that you mentioned, which is the agent base... Maybe in five or maybe 10 years, there won't be much money to be made on remittance per se... I think that space is highly competitive. One point is unless these guys innovate and reinvent the wheel, there is not much money to be made on remittances... It's going to be very, very difficult because some of these players are selling under cost just to get numbers.",
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      "text": "\"Maybe in five or maybe 10 years, there won't be much money to be made on remittance per se... I think that space is highly competitive\" — Expert: Competitor Responsible For All Digital Partnerships. \"It's going to be very, very difficult because some of these players are selling under cost just to get numbers.\" — Expert: Competitor Responsible For All Digital Partnerships. \"You think Remitly is only the disruptor. I think, in my book, Remitly is a good company, but they only do one thing, and that's remittances, whereas some of these other players have a competitive advantage which takes ages to create.\" — Expert: Competitor Responsible For All Digital Partnerships.",
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      "text": "Source: Alphasense excerpts from interview, Oct 31, 2024",
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