About Western Union
Western Union is a company based in Denver (United States) founded in 1851 was acquired by Goldfinch Partners in March 2022. The company has 9,100 employees as of December 31, 2024. Western Union has completed 9 acquisitions, including Custom House, Customhouse and Grupo Fitta. Western Union offers products and services including Online Money Transfer, In-Person Transfer, and Mobile Top-up. Western Union operates in a competitive market with competitors including Wise, CurrencyFair, Remessa Online, TransferGo and SentBe, among others.
- Headquarter Denver, United States
- Employees 9100 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Western Union Company (The)
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Annual Revenue
$4.2 B (USD)-3.38as on Dec 31, 2024
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Net Profit
$934.2 M (USD)49.23as on Dec 31, 2024
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EBITDA
$905.1 M (USD)-9.6as on Dec 31, 2024
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Latest Funding Round
Not available
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Investors
Goldfinch Partners
& 1 more
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Employee Count
9100
as on Dec 31, 2024
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Investments & Acquisitions
Custom House
& 8 more
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Acquired by
Goldfinch Partners
(Mar 01, 2022)
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IPO & Listings of Western Union
Western Union is a publicly listed company on the NYSE with ticker symbol WU in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Western Union
Western Union offers a comprehensive portfolio of products and services, including Online Money Transfer, In-Person Transfer, and Mobile Top-up.
Service for sending money internationally via website or app
Money transfer through agent locations worldwide
Recharge mobile phones for recipients via platform
People of Western Union
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Software Development Team
90 people
Leadership Team
65 people
Product Management Team
61 people
Legal and Compliance
59 people
Sales and Marketing
55 people
Finance and Accounting
29 people
Senior Team
24 people
Operations Team
18 people
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Funding Insights of Western Union
Detailed funding history for Western Union
Round names, dates, amounts, investors, and valuation history require an active premium plan.
- Round names and dates
- Funding amounts
- Participating investors
- Valuation history
Verified entity values are shown only after access is granted.
Investors in Western Union
Western Union has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldfinch Partners and The Baupost Group.
| Investor | Description | Founded Year | Domain | Location |
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Goldfinch Partners is focused on accelerating digital transformation through investments.
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Locked | Locked | Locked | |
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Conducts long-term value-oriented investments for families, foundations, and institutions.
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Locked | Locked | Locked |
Investor details for Western Union
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Investments & Acquisitions by Western Union
Western Union has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Custom House, Customhouse and Grupo Fitta.
Investment portfolio details for Western Union
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Business solutions for travel operations are provided internationally.
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Locked | Locked | 2021 | Locked | |
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Cross-border payments are provided for businesses and individuals.
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Locked | Locked | 2018 | Locked | |
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Alternate cash payment options for online purchases are facilitated.
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Locked | Locked | 2004 | Locked |
Complete acquisition details for Western Union
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Western Union
Detailed financials for Western Union
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Western Union Comparisons
Peer comparison for Western Union
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Western Union
Western Union operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wise, CurrencyFair, Remessa Online, TransferGo and SentBe, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cross-border remittances are enabled for individuals and businesses via apps.
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| Locked | Locked | Locked |
Cross-border money transfers are enabled through CurrencyFair's platform.
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| Locked | Locked | Locked |
International payments are enabled online for consumers and businesses.
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| Locked | Locked | Locked |
Cross-border remittances are enabled for consumers and businesses.
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| Locked | Locked | Locked |
Cross-border remittance solution
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Detailed competitors of Western Union
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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- Competitive positioning
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Latest news on Western Union
Complete news archive for Western Union
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Western Union
Western Union was founded in 1851.
Western Union is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
As of Dec 31, 2024, the latest employee count at Western Union is 9,100.
Annual revenue of Western Union is $4.2B as on Dec 31, 2024.
The Western Union Company a leader in global payment services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded payment services, Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. It has a combined network of approximately 455,000 agent locations in 200 countries and territories. The company offer online and through phone, money transfer service in selected countries. Though the service is offered to both individual and businesses, it varies too from a different country to country like, in India business cannot use it to send money. In 2020, the company recorded annual revenues of 4.8 B and a net profit of 744.3 M.
Western Union's top competitors include Wise, TransferGo and Remessa Online.
Western Union offers Online Money Transfer, In-Person Transfer, and Mobile Top-up.
Yes, Western Union is publicly traded on NYSE under the ticker symbol WU.
Western Union has made 9 acquisitions, including Custom House, Customhouse, and Grupo Fitta.
Western Union has 2 investors. Key investors include Goldfinch Partners, and The Baupost Group.
The ticker symbol of Western Union is WU on NYSE.