A broader sell-off in the payments sector weighed on Remitly.

Veteran tech and finance executive Sebastian Gunningham will replace Oppenheimer as CEO of the Seattle-based company.

As of November 13, 2025, shares were priced at $12.49, down 38.3% over the past year, underperforming the S&P 500 by 48.83 percentage points. The position was previously 2.2% of the fund's AUM as of ...

We spoke with the longtime Remitly leader who helped grow a three-person Techstars Seattle startup into one of the world's ...