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Western Union

Western Union

Western Union is an american financial services and communications company founded in 1851 by Ezra Cornell, Jeptha Wade, Hiram Sibley and Samuel L. Selden.

OverviewStructured DataIssuesContributors

Contents

westernunion.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Money transfer
Money transfer
Telecommunications
Telecommunications
0
Finance
Finance
Financial services
Financial services
Banking
Banking
Technology
Technology
Financial technology
Financial technology
Location
‌
Greenwood Village, Colorado
Ireland
Ireland
Denver
Denver
B2X
B2C
B2C
0
B2B2C
B2B2C
B2B
B2B
0
CEO
‌
Hikmet Ersek
Hikmet Ersek
Hikmet Ersek
Founder
Ezra Cornell
Ezra Cornell
0
‌
Hiram Sibley
‌
Samuel L. Selden
Jeptha Wade
Jeptha Wade
0
AngelList URL
angel.co/company/we...ion-digital
Pitchbook URL
pitchbook.com/profiles.../40725-82
Legal Name
Western Union Holdings, Inc.
Parent Organization
BlackRock
BlackRock
State Street Corporation
State Street Corporation
Subsidiary
PR Newswire
PR Newswire
Legal classification
Delaware
Delaware
0
Joint-stock company
Joint-stock company
0
Date Incorporated
1850
Number of Employees (Ranges)
10,001+
Number of Employees
12,000
Full Address
7001 East Belleview Avenue Denver, CO 80237 United States
CIK Number
1,365,135
Place of Incorporation
Delaware
Delaware
IRS Number
204,531,180
Founded Date
1851
Competitors
‌
Fiserv
Venmo
Venmo
Stock Symbol
WU
Exchange
New York Stock Exchange
New York Stock Exchange
Glassdoor ID
E14655
CTO
Thomas Phillips (engineer)
Thomas Phillips (engineer)
CFO
‌
Rajesh Kumar Agrawal
0
Key People
Jeffrey A. Joerres
Jeffrey A. Joerres
NAICS Code
522,320
CAGE Code
4N758
Legal Entity Identifier
28ID94QU1140NC23S0470
Wellfound ID
western-union-digital
Country
United States
United States
Berlin
Berlin
0
Headquarters
‌
Greenwood Village, Colorado
0

Other attributes

Company Operating Status
Active
Strategic Partnerships
Stephenson Group
Stephenson Group
Indeed ID
western-union
Invested in
Digital Currency Group
Digital Currency Group
Official Name
The Western Union Company
Owner of
Western Union Telegraph Building
Western Union Telegraph Building
SIC Code
7,389
Wikidata ID
Q861042

The Western Union Company is an American multinational financial services company, headquartered in Denver, Colorado.

Founded in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, the company changed its name to the Western Union Telegraph Company in 1856 after merging with a competitor. The company dominated the American telegraphy industry from the 1860s to the 1980s, pioneering technology such as telex and developing a range of telegraph-related services (including wire money transfer) in addition to its core business of transmitting and delivering telegram messages.

After experiencing financial difficulties, Western Union began to move its business away from communications in the 1980s and increasingly focused on its money transfer services. The company ceased its communications operations completely in 2006 and is now the second largest money transfer provider in the world.

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SBIR/STTR Awards

Patents

Further Resources

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No Further Resources data yet.

References

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