Remitly Global, Inc. (NASDAQ:RELY) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET

Company Participants

Stephen Shulstein – Vice President of Investor Relations

Matt Oppenheimer – Co-Founder and Chief Executive Officer

Susanna Morgan – Chief Financial Officer

Conference Call Participants

Andrew Schmidt – Citi

Ben Weaver – Barclays

Tien-Tsin Huang – JP Morgan

Alex Markgraff – KeyBanc Capital

Operator

Thank you for standing by, and welcome to Remitly First Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode. After the presentation, there will be a question-and-answer session. [Operator Instructions]

Now, it’s my pleasure to hand the conference over to your host, Stephen Shulstein. Please go ahead.

Stephen Shulstein

Thank you. Good afternoon, and thank you for joining us for Remitly’s first quarter 2022 earnings call. Joining me on the call today are Matt Oppenheimer, Co-Founder and Chief Executive Officer of Remitly; and Susanna Morgan, our Chief Financial Officer. Our results and additional management commentary are available in our earnings release, which can be found on the Investor Relations section of the website at ir.remitly.com.

Please note that this call will be simultaneously webcast on the Investor Relations section of the company’s website, and please also reference the presentation slides, which are also available on the IR website.

Before we start, I would like to remind you that we will be making forward-looking statements within the meaning of federal securities laws, including, but not limited to, statements regarding Remitly’s future financial results and management’s expectations and plans for the business. These statements are neither promises nor guarantees and involve risks and uncertainties that may cause actual results to vary materially from those presented here.

You should not place undue reliance on any forward-looking statements. Please refer to our earnings release and SEC filings for more information regarding the risk factors that may affect our results. Any forward-looking statements made in this conference call, including responses to your questions, are based on current expectations as of today, and Remitly assumes no obligation to update them or revise them, whether as a result of new developments or otherwise, except as required by law.

The following presentation contains non-GAAP financial measures for a reconciliation of each of these non-GAAP financial measures to the most directly comparable GAAP metrics. Please see our earnings press release, which is also available on the IR section of our website.

Now, I will turn the call over to Matt to begin.