IMXI International Money Express, Inc.
International Money Express, Inc., together with its subsidiaries, operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Afric…
Industry Peers
Software - Infrastructure| Headline | Source | Time |
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 Western Union navigates challenges 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. | ||
Sector Update: Financial Stocks Edge Lower Late Afternoon Financial stocks were slightly lower in late Friday afternoon trading, with the NYSE Financial Index | ||
 Western Union's LatAm strategy faces fintech pressure 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. | ||
 This Stock Can Rally 35% as It Disrupts Global Remittance Markets 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. | ||