In this episode of the Investing for Beginners podcast, Brett Schafer joins the discussion once again to compare Remitly and Wise, two leading companies in the remittance industry. The conversation covers their business models, market strategies, strengths, weaknesses, and competitive positioning. Listeners will learn about the growth trajectories of both companies, the role of technology in their services, and potential future developments, including the impact of stablecoins. Brett also offers insights into the valuations and business potentials of both companies.
00:00 Introduction and Overview
00:38 Remitly vs Wise: Business Models and Market Share
01:22 How Remitly and Wise Operate
04:16 Market Competition and Growth
18:11 Cost Structures and Take Rates
24:22 Potential Risks and Challenges
25:52 Remitly's Challenges and Comparisons with Wise
29:25 Impact of Stable Coins on Remitly and Wise
29:38 Understanding Stable Coins and Their Role in Payments
31:03 On-Ramp and Off-Ramp Challenges with Stable Coins
42:18 Valuation and Investment Insights for Remitly and Wise
46:42 Product Development and Future Prospects for Remitly and Wise
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
More from Brett:
Chit Chat Stocks Newsletter
Chit Chat Stocks Podcast
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