Western Union Competitors and Similar CompaniesClear all

Western Union's competitors and similar companies include American Express and PayPal.

	Western Union The Western Union is a global provider of money movement and payment services for consumers and businesses.	American Express American Express is a company that provides payment solutions.	PayPal PayPal Holdings is a technology company that provides online payment solutions.
Founding Date	Founding Date 1851	Founding Date 1850	Founding Date 1998
Type	Type Public	Type Public	Type Public
Tags	Tags Financial Services exchange fintech money transfer payments	Tags Financial Services insurance life insurance payments	Tags Technology application software ecommerce fintech mobile app payments platform
Locations	Locations Denver, US HQ Adelaide, AU Melbourne, AU Perth, AU Sydney, AU Wien, AT Wien, AT see more	Locations New York, US HQ Buenos Aires, AR Melbourne, AU Vienna, AT Seef, BH Brussels, BE Toronto, CA see more	Locations San Jose, US HQ Sydney, AU São Paulo, BR Toronto, CA Beijing, CN Shanghai, CN Paris, FR see more
Employees	Employees 9,0001% increase	Employees 75,10017% increase	Employees 27,2009% decrease
Valuation ($)	Valuation ($) 4 b	Valuation ($) 191.2 b	Valuation ($) 73.6 b
Financial
Revenue (est.)	Revenue (est.) $4.2b (FY, 2024)	Revenue (est.) $58.7b (FY, 2024)	Revenue (est.) $31.8b (FY, 2024)
Cost of goods	Cost of goods $2.6b (FY, 2024)	Cost of goods $8.3b (FY, 2024)	Cost of goods N/A
Gross profit	Gross profit $1.6b (FY, 2024)	Gross profit $50.4b (FY, 2024)	Gross profit N/A
Net income	Net income $934.2m (FY, 2024)	Net income $10.1b (FY, 2024)	Net income $4.1b (FY, 2024)
Operating ⚠
Transactions	Transactions 70.6 m (Q2, 2023)	Transactions N/A	Transactions 6.5 b (Q1, 2024)