5 Biggest Money Transfer Companies in the World

2. Western Union (NYSE:WU)

Total revenue of the company in 2019 (in millions of dollars): 5,292.1

Total profits of the company in 2019 (in millions of dollars): 1,058.3

Total assets of the company in 2019 (in millions of dollars): 8,758.5

Total employees of the company in 2019: 11,500

One of the most recognizable money movement and payment services companies in the world, Western Union is a multi-currency, real time money transfer service provider. Western Union makes it possible to move money across worldwide borders for families, businesses, and communities. It is a wire transfer service where transfers of money between bank accounts are often less expensive than sending money for cash pickup. The company is based in Denve, Colarado.

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