The Western Union Co - Company Profile

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The Western Union Co: Overview

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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.

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Headquarters United States of America
Address 7001 East Belleview Avenue, Denver, Colorado, 80237
Website corporate.westernunion.com
Telephone 1 720 3323361
No of Employees 8,900
Industry Financial Services
Ticker Symbol & Exchange WU (NYSE)
Revenue (2022) $4.5B -11.7% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 13% (2022 vs 2021)
Market Cap* $4.3B
Net Profit Margin (2022) XYZ 28.1% (2022 vs 2021)
* As of and is in US$
View The Western Union Co financials
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The Western Union Co premium industry data and analytics

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for The Western Union Co (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

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
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In October, the company and Cencosud announced a partnership for sending remittances abroad.
2023 Contracts/Agreements In September, the company and Grupo Elektra entered into a partnership to receive money in Mexico by sending a message through Chatbot.
2023 Contracts/Agreements In August, the company ventured into the realm of cryptocurrencies through a partnership with Ripple to integrate XRP technology to facilitate faster and more cost-effective transactions.
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Competitor Comparison

Key Parameters The Western Union Co American Express Co PayPal Holdings Inc Fiserv Inc Discover Financial Services
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 Brookfield Riverwoods
State/Province Colorado New York California Wisconsin Illinois
No. of Employees 8,900 77,300 29,900 41,000 20,200
Entity Type Public Public Public Public Public
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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 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
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