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  "documentTitle": "Remitly Global, Inc. (RELY)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2025-03-11 00:00:00",
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  "notes": "Uses screenshots of BestMoney.com comparison tables to show Remitly's low ranking (4th, 3rd, 4th) in major corridors.",
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      "kind": "callout",
      "text": "Similarweb data shows that Bestmoney.com is the 2nd largest referring website to Remitly. However, on Best Money's website, Remitly is not the most recommended alternative in its three largest corridors of the Philippines, India, or Mexico.",
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      "text": "Comparison table for US$ > Indian Rupee",
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      "text": "Comparison table for US$ > Philippine Peso",
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      "text": "Comparison table for US$ > Mexican Peso",
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      "text": "Source: Bestmoney.com, Red emphasis Spruce Point",
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      "text": "Remitly Is Poorly Positioned On Best Money",
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