TEXT-EXTRACT 2 filename2.txt United States securities and exchange commission logo September 9, 2021 Matthew Oppenheimer Chief Executive Officer Remitly Global, Inc. 1111 Third Avenue, Suite 2100 Seattle, WA 98101 Re: Remitly Global, Inc. Registration Statement on Form S-1 Filed August 30, 2021 File No. 333-259167 Dear Mr. Oppenheimer: We have reviewed your registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments. Registration Statement on Form S-1 We benefit from a powerful flywheel, page 7 1. We note your response to prior comment 1 and your response which indicates that your five-year LTV/CAC ratio calculated for the customers acquired during the year ended December 31, 2020 is higher than that for December 31, 2019 but that you view the data for the year ended December 31, 2020 as an outlier due to several factors. For context, please revise to disclose this information to investors or tell us why presenting a single measurement period is appropriate. Principal and Selling Stockholders, page 166 2. Please revise to provide the required information as of the most recent practicable date. Refer to Items 403 and 507 of Regulation S-K. Matthew Oppenheimer Remitly Global, Inc. September 9, 2021 Page 2 We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. You may contact Stephen Kim at 202-551-3291 or Rufus Decker at 202-551-3769 if you have questions regarding comments on the financial statements and related matters. Please contact Donald Field at 202-551-3680 or Mara Ransom at 202-551-3264 with any other questions. FirstName LastNameMatthew Oppenheimer Sincerely, Comapany NameRemitly Global, Inc. Division of Corporation Finance September 9, 2021 Page 2 Office of Trade & Services FirstName LastName