Remitly Global Inc

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of

the Securities Exchange Act of 1934

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Filed by a Party other than the Registrant ☐

Check the appropriate box:

REMITLY GLOBAL, INC.

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

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Remitly Global, Inc.

Notice of Annual Meeting of Stockholders

Wednesday, June 12, 2024

10:00 a.m. Pacific Time

Online at www.virtualshareholdermeeting.com/RELY2024

There is no physical location for the Annual Meeting

Items of Business

The principal business of the 2024 annual meeting of stockholders (“Annual Meeting”) will be to:

1. Elect three Class III directors for a three-year term;

2. Approve, on an advisory basis, the compensation of our named executive officers;

3. Ratify the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2024; and

4. Transact any other business as may properly come before the meeting or any adjournment or postponement thereof.

The Record Date

The record date is April 15, 2024 (the “Record Date”). You can vote at the Annual Meeting in person or by proxy if you were a stockholder of record at the close of business on such Record Date. You may revoke your proxy at any time prior to its exercise at the Annual Meeting.

Dissemination of Materials

This notice of the Annual Meeting, proxy statement, and form of proxy are being distributed and made available on or about April 26, 2024.

We are electronically disseminating Annual Meeting materials to our stockholders, as permitted under the “Notice and Access” rules approved by the Securities and Exchange Commission. Stockholders who have not opted out of Notice and Access will receive a Notice of Internet Availability of Proxy Materials containing instructions on how to access Annual Meeting materials via the Internet. The Notice also provides instructions on how to obtain paper copies if preferred.

By Order of the Board of Directors,

Saema SomalyaEVP, Legal and Risk

Seattle, WA

April 26, 2024

Important Notice Regarding the Availability of Proxy Materials for the

Annual Meeting of Stockholders to be held on June 12, 2024:

The Notice of Annual Meeting, Proxy Statement and our Annual Report to Stockholders

are available electronically at

www.proxyvote.com

TO OUR STOCKHOLDERS:

In the pursuit of our vision to transform lives with trusted financial services that transcend borders, we continue to grow, develop, and evolve our governance practices to meet the needs of our growing and increasingly complex business and the challenging macro environment. Here are some highlights from this past year:

Board Composition and Education

We refreshed our board of directors and continuously expanded its expertise by welcoming two new independent board members in April 2023 – Phyllis Campbell and Ryno Blignaut – who bring decades of global financial services expertise to our board of directors. Their onboarding, which was designed to complement their backgrounds, included meetings with management on the company’s business, industry, strategy, technology, and cultural values.

We also hosted bespoke board education sessions led by both internal and external experts for the full board of directors around strategic topics relating to our business and industry. These sessions provided important insights for our board of directors in overseeing the company’s strategy and risk management, and also provided a forum for substantive discussion among board members and engagement with management.

Risk Management for Our Customers

Risk management is a key part of our business and strategy, whether it’s through protecting our customers or building operational resilience. We have a three lines of defense framework for risk management, which defines clear roles and responsibilities across the organization to manage risks. This model also strengthens our first line of defense through better understanding and ownership of key risks in serving our customers.

We also continuously work to deliver secure, ethical transactions by protecting our customers’ funds and their data. We created a new dedicated team within our compliance organization focused on customer protection and have continued to invest in our financial crimes and money transmission licensing programs to remain proactive and engaged in maintaining the high level of regulatory compliance required in our business. Our new policy and regulatory affairs team also supports our business in advocating for the needs of our customers.

Global Impact

Global impact is inherent in our business, and our global impact programs aim to expand and extend how we deliver on our vision in ways that transform not only the lives of our customers but also communities around the globe. In 2023, we made the inaugural grants from the Remitly Foundation to philanthropic organizations with a focus on climate resilience. We also continued to fulfill our Pledge 1% commitment, which funds the Remitly Foundation, by donating the third installment of the 1.8 million total shares pledged.

We also issued our first Impact Report in 2023, which addressed our efforts taken in areas such as environmental stewardship, workplace and community health and safety, and corporate governance.

Everything that we do, including in governance, risk management, and global impact, is centered around our customers and our vision. We are proud of our efforts in 2023 to continuously improve in ways that benefit our customers, employees, stockholders, and global communities, and thank you for your support for what we do here at Remitly.

Sincerely,

Saema Somalya

EVP, Legal and Risk and Corporate Secretary

REMITLY GLOBAL, INC.

Proxy Statement

Table of Contents

Forward-Looking Statements

This proxy statement includes forward-looking statements. These statements are not historical facts and are based on current expectations, estimates, and projections about our industry, management’s beliefs, and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, estimates, and uncertainties that are difficult to predict. For a discussion of some of the risks and important factors that could affect our future results and financial condition, see “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023.