International Money Express Business Summary

International Money Express, Inc. (IMXI), operating under the Intermex brand, is a leading omnichannel provider of money remittance services primarily focused on the high-volume corridor between the United States and the Latin America and Caribbean (LAC) region. The company generates revenue through transaction-based fees and foreign exchange spreads earned on cross-border transfers. Its business model is centered on a single reportable segment that leverages a hybrid network of over 100,000 agent locations, company-operated stores, and a rapidly expanding digital platform. As of February 2026, the company is in the final stages of a definitive all-cash acquisition by The Western Union Company for approximately $500 million ($16.00 per share), a deal approved by shareholders in late 2025 and expected to close by mid-2026. IMXI competes directly with Western Union, Euronet Worldwide, Remitly, and Flywire, positioning itself as a specialized market leader in the LAC corridor with a high-touch retail model that bridges the gap for unbanked and underbanked consumers. Originally founded in 1994 by John Rincon, who remains an active member of the Board of Directors, the company evolved into its current public form following a 2018 business combination with FinTech Acquisition Corp. II. The leadership team is headed by Chairman, President, and CEO Robert (Bob) Lisy, a veteran executive with over 30 years of experience in retail financial services, including senior roles at Western Union and Vigo Remittance Corp. He is supported by Chief Financial Officer Andras Bende, who brings deep strategic planning expertise, and Chief Operating Officer Christopher Hunt, formerly the CTO of Bankers Healthcare Group. The company maintains strong institutional backing, with notable board representation from Adam Godfrey, co-founder of Stella Point Capital, which was a significant private equity investor prior to the company's public listing. This leadership core has successfully transitioned the firm from a traditional wire service into a technology-driven remittance powerhouse, facilitating over $20 billion in annual principal volume.