SCHEDULE: Baillie Gifford Boosts Remitly Stake to 5.58%

Baillie Gifford & Co. has disclosed a 5.58% beneficial ownership stake in Remitly Global, Inc., holding over 11.6 million shares as an investment adviser.

Summary

• Baillie Gifford & Co., an investment adviser based in the United Kingdom, reported beneficial ownership of 11,658,558 shares of Remitly Global, Inc. common stock.
• This represents 5.58% of Remitly Global, Inc.'s outstanding common stock.
• The ownership is reported as of December 31, 2025.
• Baillie Gifford & Co. holds sole voting power over 7,338,155 shares and sole dispositive power over all 11,658,558 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as a significant stake by a respected institutional investor like Baillie Gifford suggests confidence in Remitly's long-term value proposition and growth trajectory.

Positives

• A significant stake by a reputable institutional investor like Baillie Gifford & Co. can signal confidence in Remitly Global, Inc.'s long-term prospects.
• The holding is for investment purposes, indicating a belief in the company's underlying value rather than an activist agenda.

Negatives

• No specific negatives related to Remitly Global, Inc.'s operations or financial health are disclosed in this ownership filing.

Risks

• This filing does not detail specific risks related to Remitly Global, Inc.'s business operations; it is an ownership disclosure.

Future Outlook

NA

Management Comments

• The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.
• The foreign regulatory scheme applicable to Investment Adviser is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s).

Industry Context

StockSavvy.ai notes that a significant stake by a major global investment manager like Baillie Gifford in a fintech company like Remitly Global, Inc. underscores the ongoing institutional interest in digital payment and cross-border money transfer sectors. This move suggests Baillie Gifford sees long-term growth potential in Remitly's market position and business model, aligning with broader trends of digitalization in financial services.

Comparison to Industry Standards

• StockSavvy.ai observes that institutional ownership levels for growth-oriented fintech companies like Remitly often attract significant stakes from large asset managers. While specific comparable companies' ownership structures are not detailed in this filing, a 5.58% stake from a firm known for long-term growth investing is a notable endorsement within the competitive digital remittance space, where companies like Wise (formerly TransferWise) and Xoom (a PayPal service) also attract institutional capital.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional investor's stake may instill greater confidence in the company's stock, potentially attracting further investment and supporting share price stability.

Key Dates

Recommendation

The disclosure of a significant institutional stake by Baillie Gifford & Co. in Remitly Global, Inc. is generally a positive indicator, suggesting a reputable investor sees long-term value. However, a Schedule 13G filing primarily reports ownership and does not provide new operational or financial performance data to warrant an immediate "buy" or "sell" recommendation. It reinforces a "hold" position for existing investors, signaling continued institutional confidence, while new investors might consider it a positive data point for further due diligence.

Keywords

Remitly Global Inc, Baillie Gifford & Co, Schedule 13G, beneficial ownership, investment adviser, common stock, financial services, fintech, money transfer