Your email has been successfully added to our mailing list.

×
0.000308510638297909 0.000531914893617104 0.00106382978723402 0.000531914893617104 -0.00265957446808514 0.000531914893617104 0.00372340425531916 0.00904255319148945
Stock impact report

From P2P To Platforms: The Next Phase For Money Transfers [Forbes]

Western Union Company (The) (WU) 
Last western union company (the) earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Forbes
For years, money transfer providers sought to do one thing: fulfil the need for faster, more cost-efficient cross-border payments. Now, the biggest businesses in consumer money transfers are increasingly pursuing a greater prize: becoming singular platforms serving consumers and business's financial needs. Last week's acquisition of Pomelo by Zepz (which owns WorldRemit and Sendwave) is emblematic of this. Building on its recently launched Sendwave Wallet, Zepz now wants to evolve ‘beyond remittances' through its takeover of Pomelo, which focuses on cards, lending and credit building, offering consumers in the Global South a wide set of financial tools. While neobanks and other fintechs have served consumers across the financial spectrum for years, consumer money transfer companies are increasingly diversifying into new product lines to retain more customers and build their competitive advantage. Wise (formerly TransferWise), for example, has moved from serving consumer money tra Show less Read more
Impact Snapshot
Event Time:
WU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for WU alerts
Opt-in for
WU alerts

from News Quantified
Opt-in for
WU alerts

from News Quantified