Western Union: Strategic M&A & Expansion As A Primary Growth Accelerator! 

The Western Union Company’s third quarter of 2024 demonstrates a nuanced picture of a company in transition, with notable developments both positively and negatively affecting its overall performance. On the positive side, Western Union shows progress in its digital transformation and strategic initiatives under the Evolve 2025 strategy. The company posted a slight increase in adjusted revenue growth at 1%, excluding its operations in Iraq. A major highlight is the growth in transactions and revenues within its branded digital business, which increased by 15% and 9% respectively. This marks a significant step towards the company’s aspirations for double-digit growth in digital segments, fueled by improvements in customer onboarding, market value proposition, and user experience, suggesting a solid execution of their digital strategy.