International Mny Express Inc Stock Price, News & Analysis

Western Union (NYSE: WU) and International Money Express (NASDAQ: IMXI) announced that the Hart-Scott-Rodino waiting period has expired in connection with Western Union’s planned acquisition of Intermex. This expiration represents a key antitrust procedural clearance for the transaction.

The companies said the acquisition is expected to close in mid-2026, but remains subject to other regulatory approvals, Intermex stockholder approval, and the satisfaction or waiver of customary closing conditions.

Intermex (NASDAQ: IMXI), a leading money remittance provider, has enhanced its Payroll Card Program in collaboration with Central Payments. The program now offers no-fee international wire transfers through their mobile app and web platform.

The expanded program helps U.S. employers digitize payroll disbursement at no additional cost, eliminating paper checks and cash handling. Employees receive quick, secure access to wages and digital economy integration. The initiative combines payroll services with remittance capabilities, creating an inclusive financial solution that reduces costs for workers who traditionally rely on check-cashing services.

International Money Express (NASDAQ: IMXI) has announced a strategic partnership with African fintech company Zeepay to expand its money transfer services to Africa. The collaboration will utilize Intermex's Wire-as-a-Service platform to serve African communities in the United States and Europe.

The partnership combines Intermex's technology with Zeepay's regional network to enable money transfers across Africa, with expansion planned through Zeepay's retail stores in the U.S. and digital channels in Europe. As part of the arrangement, Zeepay will lead Intermex's Africa business operations, marking a significant step in Intermex's global diversification strategy.

International Money Express (NASDAQ: IMXI) reported Q2 2025 financial results, showing revenue decline to $161.1 million, down 6.1% year-over-year. The company posted net income of $11.0 million and diluted EPS of $0.37, decreases of 21.4% and 11.9% respectively.

Key metrics show 14.1 million money transfer transactions, down 7.8%, though average principal per transaction increased 5.0% to $441. Adjusted EBITDA decreased 7.4% to $28.8 million. Notably, IMXI announced its pending acquisition by Western Union in an all-cash merger at $16.00 per share.

The company maintained strong liquidity with $174.7 million in cash and cash equivalents, while continuing its share repurchase program with 980,341 shares bought for $11.4 million in Q2 2025.

Western Union (NYSE: WU) has announced a definitive agreement to acquire International Money Express (Intermex) in an all-cash transaction valued at approximately $500 million, or $16.00 per IMXI share. The deal represents a 50% premium to Intermex's 90-day volume-weighted average price.

The strategic acquisition aims to strengthen Western Union's North American retail presence and expand its reach in Latin American markets. The merger is expected to be immediately accretive to Western Union's adjusted EPS by more than $0.10 in the first full year post-close and generate $30 million in annual run-rate cost synergies within 24 months.

The transaction, unanimously approved by both companies' boards, is expected to close in mid-2026, subject to regulatory approvals and Intermex stockholder approval. The integration will provide Western Union access to Intermex's 6 million customers and enhance its digital platform capabilities.

International Money Express (NASDAQ: IMXI) has scheduled its Second Quarter 2025 earnings release for Monday, August 11, 2025 after market close. The company will host a conference call at 4:45 PM ET on the same day to discuss financial results and operational achievements.

Investors can access the conference call through two methods: via webcast through Intermex's Investor Relations website, or by telephone after registering to receive dial-in details. The webcast recording will remain available for one year on the company's investor website.

International Money Express (NASDAQ: IMXI) has launched an enhanced Remittance-as-a-Service (RaaS) platform, enabling businesses to integrate cross-border money transfer capabilities into their services. The platform serves markets including Mexico, Guatemala, Honduras, Dominican Republic, El Salvador, and select countries in Southeast Asia, EU, and Africa.

The upgraded RaaS solution offers customizable branded experiences across WhatsApp, mobile apps, and web platforms. Key features include integrated payment services, merchant account management, anti-fraud tools, and 24/7 bilingual support. The platform provides necessary licensing, compliance measures, and access to Intermex's extensive Latin American payout network supporting multiple payment methods.

International Money Express (NASDAQ: IMXI) has announced a strategic partnership with the New York Red Bulls soccer team to enhance its presence in northeastern communities. The partnership aims to connect with Latino communities through soccer, leveraging the fact that Latinos represent 70% of MLS viewership among 85 million U.S. soccer fans. The collaboration will include in-stadium activations, community outreach events, and cultural initiatives across the Tri-State area. This partnership aligns with Intermex's mission of serving Latino communities while expanding their financial services reach in one of the most culturally diverse regions.

International Money Express (NASDAQ: IMXI) has announced a strategic partnership with Houston Dynamo FC, a Major League Soccer team, to celebrate Latino heritage through soccer. The partnership targets Houston's significant Latino population, which comprises 45% of the city's residents, and aligns with soccer's growing popularity in the US, boasting 85 million fans nationwide. Notably, Latino fans represent 70% of the MLS audience. The collaboration aims to create in-stadium experiences, community events, and cultural celebrations. Intermex, positioning itself as the only remittance company built by Latinos for Latinos, sees this partnership as an opportunity to connect with customers beyond financial services through a culturally significant sport.