Intermex - About the company
Intermex is an acquired company based in Miami (United States), founded in 1994. It operates as a Provider of international money transfer and payroll card services. Intermex has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 767 active competitors, including 73 funded and 34 that have exited. Its top competitors include companies like Payoneer, Remitly and Wise.
Company Details
Provider of international money transfer and payroll card services. It facilitates the sending of funds to various international destinations. Additionally, it offers payroll card solutions for businesses. The platform provides options for individuals to send money through its application. It also provides resources such as help and frequently asked questions.
- Website
- www.intermexonline.com
- Registered Address
- Miami, Florida
Key Metrics
Founded Year
1994
Location
Miami, United States
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on Aug 10, 2025
Investors
Ranked
19th among 767 active competitors
Annual Revenue
$608M as on Dec 31, 2025
Employee Count
621 as on Feb 11, 2025
Investment & Acquisitions
Exit Details
Acquired by Western Union (Aug 10, 2025)
Legal entities associated with Intermex
Intermex is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
INTERNATIONAL MONEY EXPRESS, INC. CIN: 1683695 , United States, Active | May 27, 2015 | $608M (As on Dec 31, 2025) | - | - |
INTERMEX WIRE TRANSFER, LLC CIN: 10624790 , United States, Active | Dec 26, 999 | - | 299 (As on Dec 31, 2024) | - |
Intermex's acquisition details
Intermex got acquired by Western Union on Aug 10, 2025 at an acquisition amount of $500M. It was facilitated by PJT Partners, Sidley, Holland & Knight and 3 more.
Click here to take a look at Intermex's acquisition in detail
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Intermex's funding and investors
Intermex has raised funding over 3 rounds. Its first funding round was on Apr 2004. Intermex has 3 institutional investors.
Here is the list of recent funding rounds of Intermex:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 30, 2018 | 5566763 | Conventional Debt | 7004094 | 4370554 | 7450067 | 1746062 |
Mar 2015 | 1421818 | Conventional Debt | 8708781 | 4536300 | 5089647 | 6406952 |
Apr 2004 | 5193374 | Conventional Debt | 4335039 | 4819916 | 3366600 |
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Intermex's founders and board of directors
Founder? Claim ProfileIntermex's employee count trend
Intermex has 621 employees as of Feb 25. Here is Intermex's employee count trend over the years:
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Intermex's Competitors and alternates
Top competitors of Intermex include Payoneer, Remitly and Wise. Here is the list of Top 10 competitors of Intermex, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Payoneer 2005, New York City (United States), Public | Provider of cross-border payment solutions for freelancers, businesses, and marketplaces | $269M | 85/100 | |
2nd | Remitly 2011, Seattle (United States), Public | Provider of international money transfer services with multiple delivery options | $436M | 84/100 | |
3rd | Wise 2011, Shoreditch (United Kingdom), Public | Provider of multi-currency accounts, international money transfers, and card services | $1.03B | 81/100 | |
4th |  Xoom 2001, San Francisco (United States), Acquired | Provider of online service for international money transfers, bill payments | $106M | 76/100 | |
5th | MoneyGram 1940, Dallas (United States), Acquired | Provider of global money transfer and payment services for individuals | - | 75/100 | |
6th | TransferGo 2012, London (United Kingdom), Series C | Cross-border remittance solution for consumers and businesses | $110M | 74/100 | |
7th | Remessa Online 2016, Sao Paulo (Brazil), Acquired | Provider of international money transfer services for individuals and businesses | $21.5M | 73/100 | |
8th |  WorldRemit 2010, London (United Kingdom), Series D | Provider of international money transfer and mobile airtime top-up services | $365M | 71/100 | |
9th |  CurrencyFair 2010, Dublin (Ireland), Series B | Cross-border money transfer platform | $23.1M | 70/100 | |
10th |  Aspora 2022, London (United Kingdom), Series B | Operator of a platform facilitating international money transfers and related services | $95.5M | 68/100 | |
19th | Intermex 1994, Miami (United States), Acquired | Provider of international money transfer and payroll card services | - | 61/100 |
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Intermex's Investments and acquisitions
Intermex has acquired La Nacional. Intermex has not made any investments as of now.Reports related to Intermex
Here is the latest report on Intermex's sector:
News related to Intermex
Filter this listMedia has covered Intermex for a total of 31 events in the last 1 year, 18 of them have been about company updates and 4 about partnerships.
•
Dynamic Technology Lab Acquires Shares of International Money Express, Inc.MarketBeat•Mar 08, 2026•Dynamic Technology, Intermex
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GABELLI & Co Makes New $2.67 Million Investment in International Money Express, Inc.MarketBeat•Mar 07, 2026•Intermex, GAMCO, Magnetar
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Alpine Associates Makes New $5.85 Million Investment in International Money Express, Inc.MarketBeat•Feb 13, 2026•Alpine, Intermex
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ABC Arbitrage SA Acquires New Stake in International Money Express, Inc.MarketBeat•Feb 11, 2026•ABC arbitrage, Intermex, Honeywell, KKR
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Olympiad Research LP Invests $964,000 in International Money Express, Inc. $IMXIMarketBeat•Jan 22, 2026•Intermex
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International Money Express shareholders approve merger with Western UnionInvesting•Dec 09, 2025•Intermex, Western Union
•
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Intermex Partners with Orbit Money Transfer to Expand into CanadaGlobeNewswire•Nov 20, 2025•Intermex, OrbitRemit
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