Western Union Acquires eurochange to Boost Global Expansion

Published 1 hours agoWU

Western Union Acquires eurochange to Boost Global Expansion

Western Union has completed the acquisition of eurochange from Corsair Capital, with the deal finalized on April 7, 2025. eurochange is recognized as a prominent UK high street retailer specializing in travel money, international payments, and money transfer services.

The acquisition supports Western Union's strategic goal to enhance its consumer services segment, which experienced double-digit revenue growth in 2024. By bringing eurochange, a long-standing partner, under its wing, Western Union is poised to extend its retail distribution model and network in pivotal global markets. According to Insider Monkey, this deal enables Western Union to offer a wider range of products and services to its customers.

Western Union's move marks Corsair Capital's complete exit from its investments in NoteMachine and eurochange. Giovanni Angelini, President for Europe, Middle East and Africa at Western Union, emphasized the acquisition's role in accelerating the company's growth across key markets, with further expansion planned in the Middle East, reflecting the company's broader global expansion ambitions.

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