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The company is dealing with turmoil from the shift to digital money transfers as it seeks regulatory approvals for a $500 million deal for rival Intermex.
DENVER & MIAMI, August 14, 2026--The Western Union Company (NYSE: WU) and International Money Express, Inc. (Intermex) (NASDAQ: IMXI) today provided an update regarding regulatory approvals for Western Union’s pending acquisition of Intermex.
Amid threats from immigration policy and emerging fintechs, International Money Express, a global remittance company and $500 million acquisition target for Western Union, reported a 18% year-over-year decline in revenue in the second quarter with analysts questioning whether the purchase holds the same value as it did a year ago when the deal was first announced.
For millions of immigrants and expats worldwide, sending money abroad is a financial lifeline. The global remittance market exceeds $900 billion a year and continues to grow, according to World Bank data. Seattle-based Remitly Global with a $5 billion market capitalization, is a disrupter in the field.
DENVER and MIAMI, June 24, 2026 (GLOBE NEWSWIRE) -- The Western Union Company (“Western Union”) (NYSE: WU) and International Money Express, Inc. (“Intermex”) (NASDAQ: IMXI) today provided an update on the approval process and timeline for Western Union’s pending acquisition of Intermex. To date, money transmission regulators in 51 applicable U.S. states and territories and in all international jurisdictions have provided their approval of or non-objection to the acquisition, and approval or non-
Western Union (NYSE:WU) plans to acquire International Money Express, Inc. (Intermex), with the deal targeted to close in Q2 2026. The company is introducing a U.S. dollar backed stablecoin, USDPT, and a Digital Asset Network to support cryptocurrency related services. These steps indicate a push toward more digital, fintech oriented offerings beyond traditional cash remittances. Western Union is making these moves while its share price sits at $9.36, with returns over 1 year at a 4.9%...
Western Union (WU) reported mixed Q4 results as macroeconomic pressures continued to weigh on "remit
Investing.com - Western Union Company (NYSE:WU) reported fourth-quarter results that missed revenue expectations despite beating on earnings, with shares falling 2.5% following the announcement.
International Money Express, Inc. (NASDAQ:IMXI) is one of the Best Performing Affordable Stocks Under $40. International Money Express, Inc. (NASDAQ:IMXI) has gained roughly 49% over the past 6 months. Recently, on January 5, Monness analyst reiterated a Hold rating on the stock with a price target of $16. Earlier on December 2, the company announced […]
We recently published 10 Best SaaS Stocks Trading at a Discount. International Money Express Inc. (NASDAQ:IMXI) is one of the best Saas stocks trading at a discount. International Money Express Inc. (NASDAQ:IMXI) is a Florida-based remittance services company. 2025 has been an interesting year for the firm as it is currently in the process of being […]
MIAMI and GUATEMALA CITY, Dec. 02, 2025 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) (“Intermex” or the “Company”), a leading money remittance provider to Latin America and the Caribbean, and Banco Industrial, one of Guatemala’s most trusted financial institutions, have partnered to reshape how Guatemalans receive money from abroad through the launch of the Zigi App, Banco Industrial’s digital financial platform powered by Intermex Digital Solutions. This strategic allian
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