Story thread · 2 reports / 2 sources

Western Union's LatAm strategy faces fintech pressure

americanbanker.com · 1d · first reportShare

Amid threats from immigration policy and emerging fintechs, International Money Express, an 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.