OpenFX raises $94m to expand stablecoin payments network [Yahoo! Finance]
Western Union Company (The) (WU)
Last western union company (the) earnings: 2/11 04:05 pm
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US:NYSE Investor Relations:
ir.westernunion.com/investor-relations/default.aspx
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Source: Yahoo! Finance
The round was led by Accel, Atomics, Lightspeed Faction, M13, Northzone and Pantera. Existing investors Flybridge and Hash3 also participated. The funding valued OpenFX at about $500m, a person familiar with the matter told Reuters. Market infrastructure firms such as OpenFX are increasingly using blockchain-based currencies to enable faster and cheaper transactions, particularly for businesses moving large sums across borders. Founder Prabhakar Reddy in a press statement said he conceived the company after seeing long queues outside Western Union branches in Dubai where people were waiting to collect money. He started OpenFX in 2024. “People still pay 5-7% of their paychecks to send money home. Money that might have otherwise gone towards building a better life. Thirty years later, on the other side of a technological revolution that put supercomputers in everyone's pocket - almost nothing had changed. That gap is where OpenFX began,” the statement read. OpenFX aims to mak
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WU
News
- Western Union: Secular Issue And Competition Point To A Continued Decline [Seeking Alpha]Seeking Alpha
- XRP News: Could Ripple's New Deal With a $190 Billion Payments Giant Help XRP Price Recovery? [Yahoo! Finance]Yahoo! Finance
- Jim Cramer on Western Union: “We Are Going to Take a Pass on That Stock” [Yahoo! Finance]Yahoo! Finance
- FX payments startup OpenFX raises $94 million amid cross-border stablecoin push [Yahoo! Finance]Yahoo! Finance
- Q4 Earnings Outperformers: Western Union (NYSE:WU) And The Rest Of The Diversified Financial Services Stocks [Yahoo! Finance]Yahoo! Finance
WU
Earnings
- 2/20/26 - Beat
WU
Sec Filings
- 3/31/26 - Form ARS
- 3/31/26 - Form DEFA14A
- 3/31/26 - Form DEF
- WU's page on the SEC website