Western Union Competitors and Similar CompaniesClear all
Western Union's competitors and similar companies include Worldline, Wise, Ebury, Flywire, American Express, PayPal and MoneyGram.
 Western Union The Western Union is a global provider of money movement and payment services for consumers and businesses. |  Wise Wise (formerly known as TransferWise) is a financial technology company that provides money transfer and online currency exchange solutions. |  Ebury Ebury Partners is a company specialized in international payments, collections, and foreign exchange services. |  MoneyGram MoneyGram is a global financial technology company providing money transfer and payment services. | |||||
Founding Date | Founding Date 1851 | Founding Date 1970 | Founding Date 2011 | Founding Date 2009 | Founding Date 2009 | Founding Date 1850 | Founding Date 1998 | Founding Date 1940 |
Type | Type Public | Type Public | Type Public | Type Subsidiary | Type Public | Type Public | Type Public | Type Public |
Tags | ||||||||
Locations | Locations London, GB HQ Melbourne, AU Sydney, AU Sydney, AU Brussels, BE Brussels, BE São Paulo, BR see more | Locations London, GB HQ Brisbane City, AU Melbourne, AU North Sydney, AU Perth, AU Bruxelles, BE São Paulo, BR see more | Locations Boston, US HQ Sydney, AU Toronto, CA Shanghai, CN Tel Aviv Yafo, IL Tokyo, JP Cluj Napoca, RO see more | Locations New York, US HQ Buenos Aires, AR Melbourne, AU Vienna, AT Seef, BH Brussels, BE Toronto, CA see more | Locations Dallas, US HQ Brussels, BE São Paulo, BR Vancouver, CA Shanghai, CN Hong Kong, HK Mumbai, IN see more | |||
Employees | Employees 9,0001% increase | Employees 18,271 | Employees 6,0009% increase | Employees 1,5982% increase | Employees 1,00050% increase | Employees 77,30021% increase | Employees 27,2009% decrease | Employees 2,43617% decrease |
Valuation ($) | Valuation ($) 4 b | Valuation ($) 1.9 b | Valuation ($) 96.2 m | Valuation ($) N/A | Valuation ($) 2.2 b | Valuation ($) 191.2 b | Valuation ($) 73.6 b | Valuation ($) 1.1 b |
Financial | ||||||||
Revenue (est.) | Revenue (est.) $4.4b (FY, 2023) | Revenue (est.) €4.6b (FY, 2023) | Revenue (est.) £1.1b (FY, 2024) | Revenue (est.) £29.4m (FY, 2022) | Revenue (est.) $403.1m (FY, 2023) | Revenue (est.) $67.4b (FY, 2023) | Revenue (est.) $29.8b (FY, 2023) | Revenue (est.) $1.3b (FY, 2022) |
Cost of goods | Cost of goods $2.7b (FY, 2023) | Cost of goods €257.5m (FY, 2023) | Cost of goods £252.5m (FY, 2024) | Cost of goods £15m (FY, 2022) | Cost of goods $147.3m (FY, 2023) | Cost of goods $6.8b (FY, 2023) | Cost of goods $18b (FY, 2023) | Cost of goods $610.7m (FY, 2022) |
Gross profit | Gross profit $1.7b (FY, 2023) | Gross profit €4.4b (FY, 2023) | Gross profit £805.2m (FY, 2024) | Gross profit £14.4m (FY, 2022) | Gross profit $255.8m (FY, 2023) | Gross profit $60.5b (FY, 2023) | Gross profit $11.8b (FY, 2023) | Gross profit $619.9m (FY, 2022) |
Net income | Net income $626m (FY, 2023) | Net income (€958.4m) (FY, 2023) | Net income £354.6m (FY, 2024) | Net income (£29.1m) (FY, 2022) | Net income ($8.6m) (FY, 2023) | Net income $8.4b (FY, 2023) | Net income $4.2b (FY, 2023) | Net income $34.2m (FY, 2022) |
Operating ⚠ | ||||||||
Countries | Countries 200 (FY, 2022) | Countries N/A | Countries 170 (FY, 2023) | Countries N/A | Countries 240 (Q3, 2023) | Countries N/A | Countries N/A | Countries 200 (Q2, 2019) |
Currencies | Currencies N/A | Currencies N/A | Currencies 40 (FY, 2023) | Currencies 130 (Jul, 2023) | Currencies 140 (Q3, 2023) | Currencies N/A | Currencies 150 (FY, 2022) | Currencies N/A |
Partners | Partners N/A | Partners N/A | Partners N/A | Partners 3 (Jul, 2023) | Partners N/A | Partners N/A | Partners N/A | Partners 750 (FY, 2018) |
Product Categories | Product Categories N/A | Product Categories N/A | Product Categories 3 (FY, 2023) | Product Categories 4 (Jul, 2023) | Product Categories N/A | Product Categories N/A | Product Categories N/A | Product Categories N/A |
Transactions | Transactions 70.6 m (Q2, 2023) | Transactions N/A | Transactions N/A | Transactions N/A | Transactions N/A | Transactions N/A | Transactions 6.5 b (Q1, 2024) | Transactions N/A |
Funding | ||||||||
Total funding raised | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 1b | Total funding raised $ 570.8m | Total funding raised $ 323.3m | Total funding raised N/A | Total funding raised $ 217m | Total funding raised $ 59m |
For sources of this data, please see the company profile
View Company Profiles
Worldline
HQ
Bezons, FR
Employees
18,271
Worldline is a company that specializes in payments and transactional services.
View companyWise
HQ
London, GB
Employees
6,000↑ 9% increase
Wise (formerly known as TransferWise) is a financial technology company that provides money transfer and online currency exchange solutions.
View companyEbury
HQ
London, GB
Ebury Partners is a company specialized in international payments, collections, and foreign exchange services.
View company
Flywire
HQ
Boston, US
Employees
1,000↑ 50% increase
Flywire (formerly known as peerTransfer) is a company that develops payment software.
View company