Quote data as of 6:13 AM ET
International Money Express, Inc. (IMXI), operating primarily through its subsidiary, specializes in offering global money transfer and related financial processing services. The company's significant operational presence spans across the United States, Latin America, Mexico, Africa, Central and South America, and the Caribbean. Beyond its core remittance offerings, IMXI provides a comprehensive suite of financial products, including various online payment solutions, prepaid debit cards, and direct deposit payroll card services. Customers can access these offerings through a robust network comprising sending and paying agents, proprietary company-operated stores, as well as convenient digital channels such as its online platform and mobile applications. The corporate headquarters for International Money Express, Inc. are situated in Miami, Florida.
Western Union and Intermex announced that money transmission regulators in 51 U.S. states and territories and all international jurisdictions have approved or expressed non-objection to the pending acquisition.
Approval remains pending from one remaining U.S. state, with the companies actively engaged in discussions with the New York State Department of Financial Services to secure final clearance.
The companies anticipate closing the transaction as soon as reasonably practicable upon receipt of the final regulatory approval and satisfaction of other customary closing conditions.