Phillip John Riese net worth and biography

Phillip Riese Biography and Net Worth

Director of Remitly Global

Phillip Riese has served as a member of Remitly’s board of directors since December 2016. Phillip currently serves on the board of Flywire Corporation and several privately held companies. From 1980 to 1998, he served as President, Consumer Card Services and Chairman of American Express Centurion Bank for American Express Financial Corporation, a multinational financial services corporation. From 1977 to 1980, Phillip served as the Division Executive and Vice President, Merchant Services for Chase Bank. Phillip holds an S.M. from Massachusetts Institute of Technology, an M.B.A. from the University of Cape Town and a B. Com. in Textile Engineering and Economics from Leeds University.

What is Phillip John Riese's net worth?: The estimated net worth of Phillip John Riese is at least $1.65 million as of August 14th, 2025. Mr. Riese owns 112,496 shares of Remitly Global stock worth more than $1,648,066 as of December 12th. This net worth estimate does not reflect any other assets that Mr. Riese may own. Learn More about Phillip John Riese's net worth.
How do I contact Phillip John Riese?: The corporate mailing address for Mr. Riese and other Remitly Global executives is 3700 Park East Dr Ste 300, BEACHWOOD, OH 44122-4399, United States. Remitly Global can also be reached via phone at +1-805-4351255 and via email at [email protected]. Learn More on Phillip John Riese's contact information.
Has Phillip John Riese been buying or selling shares of Remitly Global?: Phillip John Riese has not been actively trading shares of Remitly Global during the past quarter. Most recently, Phillip John Riese sold 5,000 shares of the business's stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $20.00, for a transaction totalling $100,000.00. Following the completion of the sale, the director now directly owns 112,496 shares of the company's stock, valued at $2,249,920. Learn More on Phillip John Riese's trading history.
Who are Remitly Global's active insiders?: Remitly Global's insider roster includes William Bryant (Director), Bora Chung (Director), Joshua Hug (COO), Nigel Morris (Director), Hemanth Munipalli (CFO), Matthew Oppenheimer (CEO), Phillip Riese (Director), Pankaj Sharma (Chief Business Officer), Ankur Sinha (CTO), and René Yoakum (EVP). Learn More on Remitly Global's active insiders.
Are insiders buying or selling shares of Remitly Global?: During the last year, insiders at the financial services provider sold shares 28 times. They sold a total of 12,292,519 shares worth more than $280,024,579.54. The most recent insider tranaction occured on December, 10th when insider Pankaj Sharma sold 3,000 shares worth more than $45,000.00. Insiders at Remitly Global own 7.5% of the company. Learn More about insider trades at Remitly Global.
Information on this page was last updated on 12/10/2025.

Phillip John Riese Insider Trading History at Remitly Global

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
8/14/2025	Sell	5,000	$20.00	$100,000.00	112,496
6/10/2025	Sell	5,000	$20.34	$101,700.00	102,257

Phillip John Riese Buying and Selling Activity at Remitly Global

Remitly Global Company Overview

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 170 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.

Today's Range

Now: $14.65

$14.65

$15.08

50 Day Range

MA: $14.47

$12.20

$17.20

2 Week Range

Now: $14.65

$12.08

$27.32

Volume

2,880,836 shs

Average Volume

3,583,260 shs

Market Capitalization

$3.06 billion

P/E Ratio

149.40

Dividend Yield

N/A

Beta

0.11