Western Union: Fintech Trailblazer That Has Lost Its Star Power

Summary

  • The Western Union Company has a stable financial position. But, growth prospects are not as exciting as before.
  • The fintech competition becomes tighter as the preference for mobile transactions increases.
  • The stock price has never been exciting.
  • Dividend payments are still sustainable, given the adequate resources of the company.

Businesswoman at the office

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The Western Union Company (NYSE:WU) is one of the trailblazers of the fintech industry. But, its appeal is fading away as the digital revolution continues. The presence of mobile banking and e-payment apps does not help the company

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