Money Remittance
Search documents
International Money Express (IMXI) Has Gained More than 49% Over the Past 6 Months
Yahoo Finance· 2026-01-16 15:26
Company Overview - International Money Express, Inc. (NASDAQ:IMXI) has experienced a significant increase of approximately 49% over the past 6 months, positioning it as one of the best-performing affordable stocks under $40 [1] - The company has a Hold rating from Monness analyst with a price target set at $16 [1] Recent Developments - On December 2, the company announced a partnership with Banco Industrial to launch a digital remittance service via the Zigi App, enhancing its service offerings in Guatemala [2] - The integration of Intermex's Amigo Paisano app with Zigi will allow Guatemalans to receive money transfers directly into their accounts using a phone number, marking a shift from cash pickups to secure digital deposits [2] Strategic Initiatives - International Money Express plans to streamline the remittance process by fully digitizing the flow from sender to receiver, which is expected to boost adoption and increase transaction volumes [3] - The company provides omnichannel money remittance services, utilizing proprietary technology to facilitate fund transfers from the US, Canada, and Europe to over 60 countries [3]
International Money Express (IMXI) Has Gained More than 49% Over the Past 6 Months
Yahoo Finance· 2026-01-16 15:26
Core Viewpoint - International Money Express, Inc. (NASDAQ:IMXI) is recognized as one of the best-performing affordable stocks under $40, with a 49% increase over the past 6 months, and has a Hold rating with a price target of $16 from Monness analyst [1]. Group 1: Partnership and Service Expansion - On December 2, the company announced a partnership between Intermex and Banco Industrial to launch a digital remittance service via the Zigi App, allowing Guatemalans to receive money transfers directly into their accounts using a phone number [2]. - The integration of Intermex's Amigo Paisano app with Zigi signifies a shift from cash pickups to instant and secure digital deposits, enhancing the remittance process [2]. Group 2: Digital Transformation and Market Strategy - International Money Express plans to fully digitize the remittance flow from sender to receiver, which is expected to boost adoption and increase transaction volumes [3]. - The company provides omnichannel money remittance services, utilizing proprietary technology to facilitate fund transfers from the US, Canada, and Europe to over 60 countries [3].
Intermex and Banco Industrial Launch Zigi App, Transforming the Way Guatemalans Receive Remittances
Globenewswire· 2025-12-02 13:00
Core Insights - International Money Express, Inc. (Intermex) has partnered with Banco Industrial to launch the Zigi App, a digital financial platform aimed at improving how Guatemalans receive remittances from abroad [1][2] - The Zigi App allows users to receive money directly into their accounts using just a phone number, enhancing the speed and security of transactions while eliminating the need for physical cash pickups [2][3] - The app provides users with control over their funds, enabling them to make payments, send transfers, save money, and apply for digital credit products, thereby promoting financial inclusion [3][4] Company Overview - Intermex, founded in 1994, facilitates money transfers from several countries to over 60 destinations, utilizing various digital platforms and retail locations [6] - The company is headquartered in Miami, Florida, with international offices in Puebla, Guatemala City, London, and Madrid [6] Strategic Goals - The partnership aims to transform remittances into opportunities for financial growth, connecting families and enhancing their financial capabilities [4][5] - The Zigi App is currently available to eligible users in Guatemala, with plans for expansion through educational initiatives and product enhancements [5]
Intermex Expands into Canada through Partnership with Orbit Money Transfer
Globenewswire· 2025-11-20 13:00
Core Insights - International Money Express, Inc. has partnered with Orbit Money Transfer to enhance money remittance services for customers in Canada sending money to Latin America and the Caribbean [1][2] - The partnership aims to provide a faster, easier, and more secure way for customers to send money home, leveraging Orbit's digital platform and retail branches [2][3] - This collaboration supports Intermex's Business-to-Business Solutions, allowing partners to utilize Intermex's technology and infrastructure for international transfers [4][6] Company Overview - Intermex, founded in 1994, enables consumers to send money from various countries to over 60 destinations, utilizing a network of agent retailers, company-operated stores, mobile apps, and websites [7] - The company is headquartered in Miami, Florida, with international offices in Puebla, Guatemala City, London, and Madrid [7] - Intermex is focused on expanding its digital growth and enhancing cross-border services through strategic partnerships [5][6]
Intermex and Caribe Express Unite to Transform Remittance Experience in the Dominican Republic
Globenewswire· 2025-10-28 12:00
Core Insights - International Money Express, Inc. (Intermex) has formed a strategic alliance with Caribe Express to enhance money remittance services between the United States and the Dominican Republic [1][2][5] Group 1: Partnership Details - The partnership aims to strengthen cross-border financial connectivity and provide fast, secure, and reliable money transfer solutions [2][5] - Intermex will utilize its advanced digital infrastructure to improve the speed, transparency, and convenience of remittance transactions [3][4] - Caribe Express contributes decades of market expertise and a vast payout network, enhancing the overall customer experience [3][5] Group 2: Strategic Goals - This collaboration is part of Intermex's digital growth strategy, focusing on creating a streamlined and user-centered experience for customers [4] - The alliance is expected to solidify both companies' leadership in the remittance market to the Dominican Republic [5] - The partnership emphasizes a shared commitment to innovation, financial inclusion, and exceptional service [5] Group 3: Company Background - Intermex, founded in 1994, facilitates money transfers from multiple countries to over 60 destinations worldwide [6] - The company operates through various channels, including agent retailers, company-operated stores, mobile apps, and websites [6] - Intermex is headquartered in Miami, Florida, with international offices in several countries [6]
Intermex Payroll Mastercard Program Now Offers No-Fee International Wires Through Mobile App and Web
Globenewswire· 2025-09-16 12:00
Core Insights - International Money Express, Inc. (Intermex) has expanded its Payroll Card Program in partnership with Central Payments, allowing U.S. employers to digitize payroll disbursement at no additional cost, thus eliminating the need for paper checks or cash handling [1][2] - The initiative aims to provide employees with fast and secure access to their wages, promoting financial inclusion and reducing costs associated with cashing checks [2][3] - A new feature allows Intermex Payroll cardholders to send international wires with no transfer fee directly from the Intermex mobile app and web platform, enhancing the convenience of payroll and remittance services [3][4] Company Overview - Intermex, founded in 1994, facilitates money transfers from the U.S., Canada, Spain, Italy, the U.K., and Germany to over 60 countries, utilizing various platforms including agent retailers and mobile apps [5] - The company is headquartered in Miami, Florida, with international offices in Puebla, Mexico; Guatemala City, Guatemala; London, England; and Madrid, Spain [5] Partnership Details - The collaboration between Intermex and Central Payments aims to integrate payroll, payments, and remittances into a seamless digital experience, empowering employees and their families [3] - Central Payments specializes in payment programs for various financial services, enhancing the capabilities of Intermex's offerings [6]
Intermex and Zeepay Announce Strategic Partnership to Expand Money Transfer Services to Africa
Globenewswire· 2025-08-26 12:00
Core Insights - International Money Express, Inc. (Intermex) has announced a strategic partnership with Zeepay to enhance money remittance services for African communities abroad, particularly targeting Africans in the United States [1][2] - The collaboration will utilize Intermex's Wire-as-a-Service platform combined with Zeepay's regional network to facilitate money transfers across Africa and expand services through Zeepay's retail stores in the U.S. and digital channels in Europe [2][3] Company Overview - Intermex, founded in 1994, specializes in enabling money transfers from various countries to over 60 destinations, utilizing a network of agent retailers, company-operated stores, mobile apps, and websites [5] - The company is headquartered in Miami, Florida, with international offices in Puebla, Guatemala City, London, and Madrid [5] - Zeepay is a Ghanaian fintech company focused on mobile financial services, regulated by the Bank of Ghana and the UK Financial Conduct Authority, with a strong emphasis on remittances and mobile money [4]
Currenc Group Inc.(CURR) - Prospectus(update)
2025-07-28 21:32
As filed with the U.S. Securities and Exchange Commission on , 2025 Registration No. 333-284957 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 3 to FORM S-1 on FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CURRENC GROUP INC. (Exact Name of Registrant as Specified in its Charter) Cayman Islands 6770 98-1602649 (I.R.S. Employer Identification No.) 410 North Bridge Road, Spaces City Hall, Singapore 188726 Singapore Tel: +65 6407-7362 (Address, Including ...
UPDATE -- Intermex Launches a new Remittance-as-a-Service (RaaS) Platform to Help Businesses Simplify Cross-Border Payments
Globenewswire· 2025-07-08 13:19
Core Insights - International Money Express, Inc. (Intermex) has launched a redesigned Remittance-as-a-Service (RaaS) platform aimed at facilitating cross-border money transfers for businesses [1][2] - The platform allows companies to offer branded payment services in various markets, including Latin America and select regions in Southeast Asia, the EU, and Africa [3][4] Group 1: Platform Features - The RaaS platform provides a customizable system for businesses to create branded customer experiences across multiple channels, including WhatsApp and mobile apps [4] - It includes essential compliance measures such as licensing, know your customer (KYC), and anti-money laundering (AML) protocols [4] - The platform supports a wide range of payout options, including cash pickups, home deliveries, and direct bank deposits, leveraging one of the largest payout networks in Latin America [4] Group 2: Business Benefits - The platform aims to eliminate barriers for businesses looking to innovate and expand by providing a turnkey solution built on extensive industry experience [4] - Companies can access integrated payment services, merchant account management, chargeback support, and advanced anti-fraud tools [4] - Intermex offers 24/7 bilingual customer support, business insights, and ongoing strategic guidance to its partners [4][5] Group 3: Company Background - Founded in 1994, Intermex specializes in facilitating money transfers from various countries to over 60 destinations, utilizing proprietary technology [6] - The company operates through a network of retail agents and company-operated stores, with headquarters in Miami, Florida, and international offices in Mexico, Guatemala, the UK, and Spain [6]
Intermex Launches a new Remittance-as-a-Service (RaaS) Platform to Help Businesses Simplify Cross-Border Payments
Globenewswire· 2025-07-08 12:00
Core Insights - International Money Express, Inc. (Intermex) has launched a redesigned Remittance-as-a-Service (RaaS) platform aimed at facilitating cross-border money transfers for businesses [1][2] - The platform allows companies to offer branded payment services in various markets, including Latin America and select regions in Southeast Asia, the European Union, and Africa [3][4] Company Overview - Intermex, founded in 1994, specializes in money transfers from locations such as the U.S., Canada, Spain, Italy, the U.K., and Germany to over 60 countries [6] - The company operates through a combination of digital platforms and a vast network of retail agents and company-operated stores [6] Platform Features - The RaaS platform provides a customizable system for businesses to create branded customer experiences across multiple channels, including WhatsApp and mobile apps [4] - It includes essential services such as cash pickups, home deliveries, direct bank deposits, integrated payment services, and advanced anti-fraud tools [4][5] - The platform is supported by appropriate licensing and compliance measures, ensuring adherence to regulations [4] Business Benefits - The RaaS platform aims to eliminate barriers for businesses looking to innovate and expand, providing a turnkey solution that includes infrastructure, licenses, and support teams [4][5] - Partners benefit from 24/7 bilingual customer support, business insights, and ongoing strategic guidance [4]