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15 handpicked stocks

Riding The Remittance M&A Wave

Western Union's acquisition of Intermex for $500 million signals a major consolidation in the cross-border remittance market. This theme focuses on other payment and remittance companies that could benefit from this industry trend, either as potential acquisition targets or as key partners for larger players.

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Author avatar

Han Tan | Market Analyst

Updated 1 day ago | Published at August 11

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

RELY

Remitly Global, Inc.

RELY

Current price

$19.60

IMXI

INTERNATIONAL MONEY EXPRESS

IMXI

Current price

$12.19

FLYW

Flywire Corporation

FLYW

Current price

$12.37

About This Group of Stocks

1

Our Expert Thinking

Western Union's $500 million acquisition of Intermex signals a major consolidation phase in the cross-border payments industry. This strategic move highlights how established financial giants are absorbing specialised firms to expand their market reach, particularly in high-growth corridors like Latin America and the Caribbean.

2

What You Need to Know

These companies operate within the global payments and remittance ecosystem, offering everything from traditional money transfer services to innovative digital payment platforms. The group includes both potential acquisition targets and key partners for larger players in this consolidating market.

3

Why These Stocks

Each company was handpicked by professional analysts based on their potential to benefit from heightened M&A activity in the payments sector. They're positioned either as attractive acquisition targets or as strategic partners, making them tactical additions for event-driven investment strategies.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+31.11%

Group Performance Snapshot

31.11%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 31.11% over the next year.

9 of 14

Stocks Rated Buy by Analysts

9 of 14 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🎯

Prime Acquisition Targets

These specialised payment companies could be the next targets in the consolidation wave, potentially unlocking significant value for shareholders when larger players come calling.

💰

M&A Premium Potential

The Western Union-Intermex deal demonstrates how strategic acquisitions can command premium valuations, creating opportunities for similar companies in this space.

🌍

Cross-Border Growth Story

With global remittances continuing to grow, these companies are positioned at the heart of a massive market that's ripe for further consolidation and innovation.

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