All Brands Owned by The Western Union Company

What does The Western Union Company own?

The company owns the Western Union brand, its agent network relationships, its digital platforms, and subsidiaries including Western Union Financial Services. It sold its Business Solutions unit in 2023 and now operates solely in consumer payments.

Is Western Union publicly traded?

Yes. The Western Union Company trades on the New York Stock Exchange under ticker WU. It listed in October 2006 after spinning off from First Data Corporation and is a member of the S&P 600 index.

Who founded Western Union?

Samuel L. Selden and Hiram Sibley founded the original telegraph company in Rochester in 1851. Ezra Cornell became a principal figure through the 1856 merger that created the Western Union name and later co-founded Cornell University.

Where is Western Union headquartered?

The company is headquartered in Denver, Colorado, at 7001 East Belleview Avenue in the Denver Tech Center. It moved from nearby Englewood in 2018. It was founded in Rochester, New York.

How many brands does Western Union own?

One principal brand. All products operate under the Western Union name across retail, digital, and consumer services lines. Its former Business Solutions unit was sold in 2023.

Who owns Western Union?

Public shareholders own the company. Institutional investors including Vanguard and BlackRock hold the largest positions. There is no controlling shareholder, parent company, or government owner.

How does Western Union make money?

The company earns transaction fees on money transfers plus the spread between retail and wholesale exchange rates. Consumer money transfers produce 87 percent of revenue, with Consumer Services including bill pay and money orders contributing 13 percent.