The Western Union Co - Company Profile
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The Western Union Co (Western Union) is a global money movement and payment services provider. It provides people and businesses with fast, reliable, and convenient ways to send money and make payments around the world. Western Union offers services such as bill payments, money orders, pre-paid cards, and domestic and international money transfer. The company innovates and develops new ways to send money through digital, mobile, and retail channels. Western Union caters to individuals, educational and financial institutions, NGO’s, legal and healthcare sectors. It operates across the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Western Union is headquartered in Denver, Colorado, the US.
Headquarters
United States of America
Address
7001 East Belleview Avenue, Denver, Colorado, 80237
Website
corporate.westernunion.com
Telephone
1 720 3323361
No of Employees
9,000
Industry
Financial Services
Ticker Symbol & Exchange
WU (NYSE)
Revenue (2023)
$4.4B
EPS
XYZ
Market Cap*
$4.5B
Net Profit Margin (2023)
XYZ
-29.4%
* As of and is in US$
The Western Union Co premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Consumer-to-Consumer: | Western Union |
| Walk-in Money Transfer | Orlandi Valuta |
| Online Money Transfer | Vigo |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company entered into a partnership with Visa to bolster global payment services. |
| 2024 | Contracts/Agreements | In February, the company and Mercado Pago extended their partnership to enhance a cross-border payment network connecting the US, Canada, and Mexico. |
| 2023 | Contracts/Agreements | In December, the company entered into a partnership with Kuwait Finance House to deliver co-branded international money transfer services through KFHOnline. |
Competitor Comparison
| Key Parameters | The Western Union Co | American Express Co | PayPal Holdings Inc | Discover Financial Services | Fiserv Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Denver | New York | San Jose | Riverwoods | Brookfield |
| State/Province | Colorado | New York | California | Illinois | Wisconsin |
| No. of Employees | 9,000 | 74,600 | 27,200 | 21,100 | 42,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Devin B. McGranahan | Chief Executive Officer; Director; President | Executive Board | 2021 | 54 |
| Matt Cagwin | Chief Financial Officer | Senior Management | 2023 | 48 |
| Andrew Walker | Chief Operating Officer | Senior Management | - | 56 |
| Ramya Narayanan | Chief Strategy Officer | Senior Management | - | - |
| Bob Rupczynski | Chief Marketing Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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