Western Union Competitors and Similar CompaniesClear all

Western Union's competitors and similar companies include Worldline, Ebury, Flywire, American Express and MoneyGram.

	Western Union The Western Union is a global provider of money movement and payment services for consumers and businesses.	Worldline Worldline is a company that specializes in payments and transactional services.	Ebury Ebury Partners is a company specialized in international payments, collections, and foreign exchange services.	Flywire Flywire (formerly known as peerTransfer) is a company that develops payment software.	American Express American Express is a company that provides payment solutions.	MoneyGram MoneyGram is a global financial technology company providing money transfer and payment services.
Founding Date	Founding Date 1851	Founding Date 1970	Founding Date 2009	Founding Date 2009	Founding Date 1850	Founding Date 1940
Type	Type Public	Type Public	Type Subsidiary	Type Public	Type Public	Type Public
Tags	Tags Financial Services exchange fintech money transfer payments	Tags Technology cloud services(SaaS)fintech payments	Tags Financial Services exchange fintech payments platform	Tags Technology enterprise software fintech payments platform	Tags Financial Services insurance life insurance payments	Tags Financial Services fintech money transfer outsourcing payments
Locations	Locations Denver, US HQ Adelaide, AU Melbourne, AU Perth, AU Sydney, AU Wien, AT Wien, AT see more	Locations Bezons, FR HQ Asq, AR Buenos Aires, AR Salta, AR Docklands, AU Sydney, AU Wien, AT 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 1,6831% increase	Employees 1,00050% increase	Employees 75,10017% increase	Employees 2,43617% decrease
Valuation ($)	Valuation ($) 4 b	Valuation ($) 1.9 b	Valuation ($) N/A	Valuation ($) 2.2 b	Valuation ($) 191.2 b	Valuation ($) 1.1 b
Financial
Revenue (est.)	Revenue (est.) $4.2b (FY, 2024)	Revenue (est.) €4.6b (FY, 2023)	Revenue (est.) £29.4m (FY, 2022)	Revenue (est.) $492.1m (FY, 2024)	Revenue (est.) $38.8b (FY, 2024)	Revenue (est.) $1.3b (FY, 2022)
Cost of goods	Cost of goods $2.6b (FY, 2024)	Cost of goods €257.5m (FY, 2023)	Cost of goods £15m (FY, 2022)	Cost of goods N/A	Cost of goods N/A	Cost of goods $610.7m (FY, 2022)
Gross profit	Gross profit $1.6b (FY, 2024)	Gross profit €4.4b (FY, 2023)	Gross profit £14.4m (FY, 2022)	Gross profit N/A	Gross profit N/A	Gross profit $619.9m (FY, 2022)
Net income	Net income $934.2m (FY, 2024)	Net income (€958.4m) (FY, 2023)	Net income (£29.1m) (FY, 2022)	Net income $2.9m (FY, 2024)	Net income $10.1b (FY, 2024)	Net income $34.2m (FY, 2022)
Operating ⚠
Countries	Countries 200 (FY, 2022)	Countries N/A	Countries N/A	Countries 240 (Q3, 2023)	Countries N/A	Countries 200 (Q2, 2019)
Currencies	Currencies N/A	Currencies N/A	Currencies 130 (Jul, 2023)	Currencies 140 (Q3, 2023)	Currencies N/A	Currencies N/A
Partners	Partners N/A	Partners N/A	Partners 3 (Jul, 2023)	Partners N/A	Partners N/A	Partners 750 (FY, 2018)
Funding
Total funding raised	Total funding raised N/A	Total funding raised N/A	Total funding raised $ 570.8m	Total funding raised $ 323.3m	Total funding raised N/A	Total funding raised $ 59m