Welcome to our dedicated page for International Mny Express news (Ticker: IMXI), a resource for investors and traders seeking the latest updates and insights on International Mny Express stock.
International Money Express Inc (IMXI) delivers essential financial connectivity through its cross-border remittance services. This news hub provides investors and stakeholders with timely updates on corporate developments shaping the money transfer industry.
Access official press releases and market analyses covering quarterly earnings, strategic partnerships, and service expansions. Our curated collection helps you monitor IMXI's operational milestones in key Latin American corridors and evolving digital payment solutions.
Discover updates on regulatory compliance initiatives, technology enhancements to IMXI's omnichannel platform, and leadership announcements impacting the company's growth trajectory. Bookmark this page for streamlined access to verified information supporting your financial research needs.
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 it will release its First Quarter 2025 earnings before trading begins on Wednesday, May 7, 2025. The company will host a conference call at 9:00 am ET on the same day.
Investors and interested parties can access the earnings discussion through two channels: via live broadcast through the Investor Relations section of Intermex's website, or by telephone conference call after registering to receive dial-in details. An archived version of the webcast will remain available on the company's website for one year following the call.