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Western Union to acquire Intermex in $500M deal

PUBLIC · WUMay 14, 2026

Acquiring Company

Western Union

Acquired Company

International Money Express

DenverMiamiFinancial ServicesFinanceFintechLendingBankingFinancial ServicesFinanceFintech

Description

Western Union is set to acquire Intermex for $500 million amidst concerns raised by Mayor Zohran Mamdani. The mayor opposes the merger, arguing it would reduce competition and negatively impact immigrant families using these services. The deal aims to enhance Western Union's market presence in remittance services to Latin America.

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Company Information

Company

Western Union

Location

Denver, Colorado, United States

About

Western Union CO is a global leader in cross-border, cross-currency money movement and payment services. The company focuses on expanding its digital platforms and services. It aims to enhance cross-border money movement with innovative solutions. Western Union is actively involved in the financial services industry.

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Frequently asked

Who acquired International Money Express?

International Money Express was acquired by Western Union, based in Denver. The deal was reported on May 14, 2026. Western Union CO is a global leader in cross-border, cross-currency money movement and payment services. The company focuses on expanding its digital platforms and services. Western Union is publicly traded (WU) and operates in Financial Services.

When did Western Union acquire International Money Express?

Western Union's acquisition of International Money Express was reported on May 14, 2026. Western Union is set to acquire Intermex for $500 million amidst concerns raised by Mayor Zohran Mamdani. The mayor opposes the merger, arguing it would reduce competition and negatively impact immigrant families using these services. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does International Money Express do?

International Money Express, Inc., commonly known as Intermex, is a leading remittance service provider founded in 1994. The company enables consumers to send money from North America and Europe to over 60 countries through its digital and retail networks. It is publicly traded (IMXI), operating in Financial Services, and is based in Miami.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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