May 2026
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Largest Money Transfer Public Companies
Benchmark revenue and EBITDA valuation multiples for public comps like
PayPay, Remitly Global, Western Union, PagSeguro and Euronet Worldwide.
 | PayPay Corp is a Japan-based financial technology provider operating a digital finance platform that integrates payments, banking, credit, and investment services for individuals and businesses. Its platform connects users and merchants, facilitating a cashless ecosystem and providing an all-in-one solution for daily financial activities. The company operates in two reportable segments: i) Payment segment and ii) Financial service segment. The majority of the company's revenue is derived from the Financial service segment, which includes internet banking services, securities intermediary services and PayPay Point investment-related services, and loan management services. Geographically, it operates predominantly in Japan. | $20 | -- | $13B | $15B | 8.0x | 38.6x | ||
 | Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated from transaction fees charged to customers, and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases. | $22 | +1% | $5B | $4B | 2.4x | 14.5x | ||
| Western Union provides domestic and international money transfers through its global network of over 500,000 outside agents. The company handled almost 290 million transactions in 2024 and is the largest money transfer company in the world. | $9 | -8% | $3B | $2B | 0.6x | 2.4x | ||
 | PagSeguro Digital Ltd is a Brazilian-based company that acts as a provider of financial technology solutions focused on Micro-Merchants, Small Companies and Medium-Sized Companies (SMEs), in Brazil. The company provides a range of solutions and tools such as cash-in and cash-out options and provides access to working capital to help to manage its cash flow. It delivers an end-to-end digital ecosystem to address day-to-day financial needs, including receiving and spending funds and managing and growing businesses for clients. The company also offers the Free PagSeguro Digital Account delivering Cash-In Solutions, Online and In-Person Payment Tools, Online Payment Tools; and Web Check Outs offer tokenization, handling of shipping information, and others. | $9 | +5% | $3B | $10B | 2.6x | 6.1x | ||
| Euronet Worldwide Inc is a provider of electronic financial transaction solutions. It offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers. The company's product offerings include comprehensive ATM, POS, card outsourcing, card issuing and merchant acquiring services, software solutions, money transfer services, etc. Its reportable operating segments are EFT Processing, epay, and Money Transfer. Maximum revenue is derived from its Money Transfer segment, which provides money transfer services across the world under the brand names Ria, AFEX, IME, and xe. Geographically, the company generates maximum revenue from the United States, followed by Germany, India, France, Greece, and other regions. | $68 | -37% | $3B | $3B | 0.8x | 4.3x | ||
| Flywire Corp provides a secure payment platform, offering its clients a streamlined process to receive reconciled domestic and international payments more cost-effectively and efficiently. The company's solutions are built on three core elements, namely a payments platform, a proprietary payment network, and vertical-specific software backed by its deep industry expertise. Geographically, the majority of revenue is from the Americas. | $16 | +48% | $2B | $2B | 2.6x | 13.6x | ||
| Payoneer Global Inc is a financial technology company purpose-built to enable the world’s small and medium-sized businesses (SMB(s)) to grow and operate their businesses around the world by reliably and securely connecting them to the digital economy. The company started to empower commerce by connecting businesses, professionals, countries, and currencies with its diversified cross-border payments platform. | $5 | -27% | $2B | $1B | 1.3x | 5.1x | ||
| PicS NV is a digital payments company. The company operates a peer-to-peer (P2P) transfer platform that enables individuals to send money via mobile devices. It provides digital wallets, instant payments (Pix), P2P transfers, credit cards, loans, investments, insurance, and SMB payment solutions. The company has four reportable segments: Consumer Banking, Small and Medium-Sized Businesses, Audiences and Ecosystem Integration, and Institutional. The majority of the company's revenue is derived from the Consumer Banking segment, which generates revenue from various transaction activities occurring in the digital wallet, such as Pix, peer-to-peer (P2P) transfers, and bill payments. | $11 | -- | $1B | $2B | 0.8x | 8.1x | ||
| IDT Corp is a multinational holding company. It operates in the telecommunications and payment industries. It has four reportable business segments, Fintech, National Retail Solutions; net2phone and Traditional Communications, The Fintech segment is comprised of National Retail Solutions (NRS), an operator of a nationwide point of sale (POS) network providing payment processing, digital advertising, transaction data, and ancillary services, and BOSS Money, a provider of international money remittance and related value/payment transfer services. The net2phone segment provides unified cloud communications and telephony services to business customers. | $53 | -14% | $1B | $1B | 0.9x | 8.4x | ||
 | Cash Plus SA is a fintech company. The company provides payment-services company proviby offering online and offline money-transfer solutions, and allowing users to send and receive funds nationally and internationally through its mobile app. | $30 | -- | $733M | $655M | 3.3x | 10.7x | ||
| International Money Express Inc is a processor of money transfer services in the USA to the Latin America and the Caribbean (LAC) corridor. The company offers wire transfer, money order, Foreign exchange, and cash checking services, while the majority of the revenue is derived from wire transfer and money order fees. The firm's business is organized around one reportable segment that provides money remittance services between the U.S. and Canada to Mexico, Guatemala, and other countries in Latin America, Africa, and Asia. | $15 | +38% | $459M | $551M | 0.9x | 5.7x | ||
 | GalaxiaMoneytree Co Ltd is engaged in Electronic payment business centered on mobile payment and credit card payment, O2O business centered on mobile gift certificates and coupons, convenience store-based payment and electronic civil complaint cash, and other businesses such as Money Tree, a simple payment platform, and a blockchain-based NFT platform operated by a subsidiary company. | $4 | -22% | $172M | $235M | 2.7x | 18.4x | ||
 | SAB Finance AS is engaged in providing International Payment Solutions considering the foreign exchange fluctuations. Its platform allows to make outgoing payments and receive incoming payments. Some of the services offered by the company include Market Watch, Foreign Currency Analysis, Regular Payments, and Multi-Payments. | $51 | +2% | $154M | $162M | 2377.8x | 7.6x | ||
 | Eastern Union Interactive Corp is a Company that offers a safe platform that provides safe and convenient cross-border financial services. Its service scope includes Indonesia, the Philippines, Vietnam, Thailand, etc. which is of positive help in guiding foreign migrant workers to handle remittances through legal channels and thereby establishing inclusive finance. It has obtained a foreign small-amount exchange license for foreign migrant workers in Taiwan. Legal services for foreign migrant workers working in Taiwan, Make cross-border remittances. | $5 | +1% | $142M | $92M | 5.2x | 5.9x | ||
| Currency Exchange International Corp operates as a money services and payments business, providing currency exchange, wire transfer, and cheque-cashing services at its locations in the United States. The Company has determined that it has three operating segments within its continuing operations: CXI Wholesale Banknotes, CXI Payments, and CXI Direct-to-Consumer. The Company earns maximum revenue from wholesale banknotes. | $18 | +17% | $106M | $16M | 0.2x | 0.7x | ||
 | OFX Group Ltd is a low-cost international multicurrency payments provider via its online platform and network of global bank accounts. The company's two products are international payment services and international payment solutions. Its International payment services are monitored by geographic region and provide bank-to-bank currency transfers servicing businesses and consumers. International payment solutions are monitored globally and provide strategic partners with a package that includes: the OFX IT platform; client service; compliance; banking relationships; and payment capabilities. | $0 | -24% | $90M | ($119M) | (0.8x) | (3.0x) | ||
| Hanpass Co Ltd is a fintech company. The group operates with digital remittance solutions, mobile wallets, and prepaid card services as its main services. | $7 | -- | $74M | $74M | — | — | ||
 | Ease2pay NV provides services via its payment transaction platform, which offers users services to order and pay in one action. It also operates a platform that connects travellers with providers of parking and charging facilities, not only on the road but also on water. The company's offers services such as parking payment, refueling payment, reserving a parking bay or mooring and arranging access to electricity and tap water and possibly additional facilities, such as launderettes,, charging private cars, on- and off-street parking and other services. | $0 | -10% | $10M | $6M | 1.3x | 5.3x | ||
 | Finseta PLC is a cloud-based provider of multi-currency accounts, international payment, currency risk management, and electronic account services focused on removing the complexity of international payments for customers. | $0 | -76% | $8M | $8M | 0.6x | 2.5x | ||
| Median | $11 | -8% | $733M | $655M | 1.3x | 6.0x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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