Overview
Description
Western Union Co. is a global leader in cross-border, cross-currency money movement. The company provides a fast, reliable, and convenient way to send money around the world. Its primary function is to facilitate international and domestic money transfers both for individuals and businesses. Western Union's services encompass the transfer of funds via its robust digital platforms as well as traditional agent networks, making it accessible to a wide demographic.
A notable feature of Western Union is its extensive reach, with a presence in over 200 countries and territories, supported by hundreds of thousands of agent locations. This enables it to play a crucial role in remittances, where individuals working abroad send money back to their families in their home countries, often in regions with limited financial infrastructure.
In the financial market, Western Union serves as a key player in enabling financial inclusion and supporting economic participation across diverse geographic regions. The company's services impact various sectors by providing essential financial services and solutions that connect people and businesses globally, thus supporting international trade and economic growth.
About
CEO
Mr. Devin B. McGranahan
Employees
9100
Address
7001 East Belleview Avenue
Denver, 80237, CO
United States
Denver, 80237, CO
United States
Phone
866 405 5012
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Credit Services
Country
Germany
MIC code
XDUS