Western Union is buying Intermex for $500 million, paying $16 per share—about 50% above its recent average price—with the deal set to close by mid-2026. Intermex, a longtime Ripple On-Demand Liquidity (ODL) partner, gives Western Union direct access to Ripple’s faster, cheaper cross-border payment tech, plus a stronger retail presence in key remittance markets. Western Union expects $30 million in annual cost savings within two years, EPS gains in year one, and potential revenue growth by combining its global network with Intermex’s ODL capabilities.