Western Union Buying Competitor in $500M Deal

Western Union buying competitor in $500M deal

A Denver-based global money transfer business aims to revitalize its North American retail business with a cash transaction.

Western Union Seals $500M Intermex Deal to Command Americas Money Transfer Race

Western Union is set to expand its global reach with a $500 million Intermex acquisition, adding Intermex’s Ripple partnership to its arsenal of …

Western Union Seals $500M Intermex Deal to Command Americas Money Transfer Race – Featured Bitcoin News

Western Union is set to expand its global reach with a $500 million Intermex acquisition, adding Intermex’s Ripple partnership to its arsenal of cross-border payment capabilities. Western Union Accelerates Global Expansion with Intermex Acquisition Western Union (NYSE: WU) and International Money Express Inc. (Intermex) (NASDAQ: IMXI) announced on Aug. 10 that they have entered into […]

Western Union To Acquire Money-Transfer Rival Intermex for $500 Million - Digital Transactions

In a move to bolster its leading position in an increasingly difficult money-transfer market, The Western Union Co. announced Sunday it has a deal to acquire International Money Express Inc. for $500 million in cash. Better known as Intermex, Miami-based International Money Express has built a retail network of 100,000 independent agents and 117 company-operated stores since its founding in 1994, according to the company’s 2024 annual report. Cu…

Western Union to Buy Ripple ODL Partner Intermex in $500 Million Deal

Western Union has struck a $500 million deal to buy Intermex, a user of Ripple's On-Demand Liquidity (ODL) service.  The move gives Western Union direct access to Ripple's technology through Intermex, while also expanding its retail footprint across North America and strengthening its position in fast-growing remittance corridors. Western Union to Acquire Intermex Under the agreement, Western Union will pay $16.00 in cash for each Intermex share…