0000899243-21-038181.txt : 20210929
0000899243-21-038181.hdr.sgml : 20210929
20210929160551
ACCESSION NUMBER: 0000899243-21-038181
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210922
FILED AS OF DATE: 20210929
DATE AS OF CHANGE: 20210929
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PayU Fintech Investments B.V.
CENTRAL INDEX KEY: 0001885449
STATE OF INCORPORATION: P7
FISCAL YEAR END: 0331
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40822
FILM NUMBER: 211291679
BUSINESS ADDRESS:
STREET 1: GUSTAV MAHLERPLEIN 5
CITY: AMSTERDAM
STATE: P7
ZIP: 1082 MS
BUSINESS PHONE: 31 202999777
MAIL ADDRESS:
STREET 1: GUSTAV MAHLERPLEIN 5
CITY: AMSTERDAM
STATE: P7
ZIP: 1082 MS
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Remitly Global, Inc.
CENTRAL INDEX KEY: 0001782170
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 832301143
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: REMITLY GLOBAL, INC.
STREET 2: 1111 3RD AVE., 21ST FLOOR
CITY: SEATTLE
STATE: WA
ZIP: 98101
BUSINESS PHONE: 206-535-6152
MAIL ADDRESS:
STREET 1: REMITLY GLOBAL, INC.
STREET 2: 1111 3RD AVE., 21ST FLOOR
CITY: SEATTLE
STATE: WA
ZIP: 98101
3
1
doc3.xml
FORM 3 SUBMISSION
X0206
3
2021-09-22
0
0001782170
Remitly Global, Inc.
RELY
0001885449
PayU Fintech Investments B.V.
GUSTAV MAHLERPLEIN 5
AMSTERDAM
P7
1082 MS
NETHERLANDS
0
0
1
0
Common Stock
15000
I
See Footnotes
Series Seed Prime Convertible Preferred Stock
Common Stock
71621
I
See Footnotes
Series A Convertible Preferred Stock
Common Stock
1262230
I
See Footnotes
Series C Convertible Preferred Stock
Common Stock
1616743
I
See Footnotes
Series D Convertible Preferred Stock
Common Stock
26375481
I
See Footnotes
Series E Convertible Preferred Stock
Common Stock
1678810
I
See Footnotes
Series F Convertible Preferred Stock
Common Stock
5740465
I
See Footnotes
Represents shares directly held by PayU Fintech Investments B.V. ("PayU") and indirectly held by Prosus N.V. and Naspers Ltd. Prosus N.V. and Naspers Ltd. previously filed a Form 3 reporting beneficial ownership of these securities on September 22, 2021. This Form 3 is being filed to reflect that PayU, the direct holder of these securities, is a Reporting Person. PayU is a subsidiary of MIH Fintech Holdings B.V., which in turn is a subsidiary of MIH e-Commerce Holdings B.V., which in turn is a subsidiary of MIH Internet Holdings B.V., which is in turn a subsidiary of Prosus N.V., which is an indirect, majority-owned subsidiary of Naspers Ltd. PayU is controlled by Prosus N.V. and Naspers Ltd., which share voting and dispositive control over the shares held by PayU. Naspers Ltd. employs a differential voting structure involving two South African entities, Naspers Beleggings (RF) Beperk ("Nasbel") and Keeromstraat 30 Beleggings (RF) Beperk ("Keerom"),
(Continued from footnote 1), the sole remit of which is to protect the continued independence of Naspers Ltd. Each of Nasbel and Keerom disclaims beneficial ownership of all shares of Common Stock owned by the Reporting Persons, except to the extent of their respective pecuniary interest therein. Laurent Le Moal, a member of board of directors of the Issuer, is the Chief Executive Officer of PayU, but has no voting or dispositive control over the shares held by PayU.
The reported security is convertible into the Issuer's Common Stock on a 1-for-1 basis at any time at the holder's election and shall automatically convert into Common Stock immediately prior to the closing of the Issuer's initial public offering without payment of further consideration. The shares have no expiration date.
/s/ Serge de Reus, Director; PayU Fintech Investments B.V
2021-09-22