Western Union Competitors and Similar CompaniesClear all

Western Union's competitors and similar companies include Wise and Ebury.

	Western Union The Western Union is a global provider of money movement and payment services for consumers and businesses.	Wise Wise (formerly known as Newco) 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.
Founding Date	Founding Date 1851	Founding Date 2011	Founding Date 2009
Type	Type Public	Type Public	Type Subsidiary
Tags	Tags Financial Services exchange fintech money transfer payments	Tags Technology exchange fintech money transfer payments platform	Tags Financial Services exchange fintech payments platform
Locations	Locations Denver, US HQ Adelaide, AU Melbourne, AU Perth, AU Sydney, AU Wien, AT Wien, AT see more	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
Employees	Employees 9,0001% increase	Employees 6,000	Employees 1,7562% increase
Valuation ($)	Valuation ($) 4 b	Valuation ($) 96.2 m	Valuation ($) N/A
Financial
Revenue (est.)	Revenue (est.) $4.2b (FY, 2024)	Revenue (est.) £1.1b (FY, 2024)	Revenue (est.) £29.4m (FY, 2022)
Cost of goods	Cost of goods $2.6b (FY, 2024)	Cost of goods £252.5m (FY, 2024)	Cost of goods £15m (FY, 2022)
Gross profit	Gross profit $1.6b (FY, 2024)	Gross profit £805.2m (FY, 2024)	Gross profit £14.4m (FY, 2022)
Net income	Net income $934.2m (FY, 2024)	Net income £354.6m (FY, 2024)	Net income (£29.1m) (FY, 2022)
Operating ⚠
Countries	Countries 200 (FY, 2022)	Countries 170 (FY, 2023)	Countries N/A
Currencies	Currencies N/A	Currencies 40 (FY, 2023)	Currencies 130 (Jul, 2023)
Product Categories	Product Categories N/A	Product Categories 3 (FY, 2023)	Product Categories 4 (Jul, 2023)
Funding
Total funding raised	Total funding raised N/A	Total funding raised $ 1b	Total funding raised $ 570.8m