JPMorgan Chase Increases Stake in Remitly Global

Investment firm boosts ownership in digital money transfer company

Feb. 28, 2026 at 10:19am

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JPMorgan Chase & Co. has increased its stake in Remitly Global, Inc. (NASDAQ:RELY) by 5.1% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor now owns approximately 2.14 million shares of the financial services provider, worth around $34.9 million.

Why it matters

Remitly is a fast-growing digital money transfer company that has attracted significant investor interest. JPMorgan Chase's increased stake signals confidence in Remitly's business model and growth potential within the cross-border payments market.

The details

According to the 13F filing, JPMorgan Chase purchased an additional 104,716 shares of Remitly Global during the third quarter, bringing its total ownership to approximately 1.04% of the company. Remitly provides digital money transfer services, enabling immigrants, expatriates and international workers to send remittances to their families abroad.

  • JPMorgan Chase increased its stake in Remitly Global during the third quarter of 2026.

The players

JPMorgan Chase & Co.

A multinational investment bank and financial services company headquartered in New York City.

Remitly Global, Inc.

A Seattle-based digital financial services company specializing in cross-border money transfers.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

JPMorgan Chase's increased investment in Remitly Global highlights the growing importance of digital money transfer services and the potential for continued growth in the cross-border payments market.