Intermex and Zeepay Announce Strategic Partnership to Expand Money Transfer Services to Africa
International Money Express (NASDAQ: IMXI) has announced a strategic partnership with African fintech company Zeepay to expand its money transfer services to Africa. The collaboration will utilize Intermex's Wire-as-a-Service platform to serve African communities in the United States and Europe.
The partnership combines Intermex's technology with Zeepay's regional network to enable money transfers across Africa, with expansion planned through Zeepay's retail stores in the U.S. and digital channels in Europe. As part of the arrangement, Zeepay will lead Intermex's Africa business operations, marking a significant step in Intermex's global diversification strategy.
International Money Express (NASDAQ: IMXI) ha annunciato una partnership strategica con la fintech africana Zeepay per estendere i suoi servizi di trasferimento denaro in Africa. La collaborazione sfrutterà la piattaforma Wire-as-a-Service di Intermex per servire le comunità africane negli Stati Uniti e in Europa.
La sinergia unisce la tecnologia di Intermex alla rete regionale di Zeepay per consentire trasferimenti di denaro all'interno dell'Africa, con un piano di espansione che coinvolgerà i punti vendita di Zeepay negli USA e i canali digitali in Europa. Nell'ambito dell'accordo, Zeepay guiderà le operazioni di Intermex nel continente africano, rappresentando un passo rilevante nella strategia di diversificazione globale di Intermex.
International Money Express (NASDAQ: IMXI) ha anunciado una asociación estratégica con la fintech africana Zeepay para ampliar sus servicios de transferencia de dinero hacia África. La colaboración utilizará la plataforma Wire-as-a-Service de Intermex para atender a las comunidades africanas en Estados Unidos y Europa.
La alianza combina la tecnología de Intermex con la red regional de Zeepay para facilitar envíos de dinero en África, con planes de expansión a través de las tiendas físicas de Zeepay en EE. UU. y canales digitales en Europa. Como parte del acuerdo, Zeepay se encargará de las operaciones de Intermex en África, marcando un paso importante en la estrategia de diversificación global de Intermex.
International Money Express (NASDAQ: IMXI)� 아프리카 핀테크 기업 Zeepay와 전략� 파트너십� 맺어 아프리카� 송금 서비스를 확대한다� 발표했습니다. 이번 협력은 Intermex� Wire-as-a-Service 플랫폼을 활용� 미국� 유럽� 거주하는 아프리카 공동체에 서비스를 제공� 예정입니�.
이번 제휴� Intermex� 기술� Zeepay� 지� 네트워크� 결합� 아프리카 전역으로� 송금� 가능하� 하며, 미국 � Zeepay� 오프라인 매장� 유럽� 디지� 채널� 통한 확장� 계획하고 있습니다. � 합의� 따라 Zeepay� Intermex� 아프리카 사업 운영� 주도하게 되며, 이는 Intermex� 글로벌 다각� 전략� 중요� 진전입니�.
International Money Express (NASDAQ: IMXI) a annoncé un partenariat stratégique avec la fintech africaine Zeepay afin d'élargir ses services de transfert d'argent vers l'Afrique. La collaboration utilisera la plateforme Wire-as-a-Service d'Intermex pour desservir les communautés africaines aux États-Unis et en Europe.
Ce partenariat associe la technologie d'Intermex au réseau régional de Zeepay pour faciliter les transferts d'argent à travers l'Afrique, avec une expansion prévue via les boutiques de Zeepay aux États-Unis et les canaux numériques en Europe. Dans le cadre de l'accord, Zeepay prendra la tête des opérations d'Intermex en Afrique, marquant une étape importante dans la stratégie de diversification mondiale d'Intermex.
International Money Express (NASDAQ: IMXI) hat eine strategische Partnerschaft mit dem afrikanischen Fintech-Unternehmen Zeepay angekündigt, um seine Geldtransferdienste nach Afrika auszuweiten. Die Zusammenarbeit wird Intermex' Wire-as-a-Service-Plattform nutzen, um afrikanische Gemeinden in den USA und Europa zu bedienen.
Die Partnerschaft verbindet Intermex' Technologie mit Zeepays regionalem Netzwerk, um Geldtransfers innerhalb Afrikas zu ermöglichen, mit geplanter Expansion über Zeepays Einzelhandelsfilialen in den USA und digitale Kanäle in Europa. Im Rahmen der Vereinbarung wird Zeepay die Afrikageschäfte von Intermex leiten, was einen bedeutenden Schritt in Intermex' globaler Diversifizierungsstrategie darstellt.
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Insights
Intermex's Zeepay partnership strategically diversifies revenue streams by expanding into the high-growth African remittance market beyond its core Latin American business.
This strategic partnership between Intermex and Zeepay represents a significant market expansion opportunity for Intermex beyond its traditional Latin American and Caribbean remittance corridors. By leveraging their Wire-as-a-Service platform with Zeepay's regional network, Intermex gains access to the lucrative African remittance market without needing to build infrastructure from scratch.
The deal advances two critical strategic priorities: geographical diversification and technological leverage. Africa represents a massive remittance opportunity with approximately
For investors, this partnership should be viewed through the lens of Intermex's broader omnichannel strategy. By combining digital capabilities with physical retail locations, Intermex is positioning itself to capture remittance volume across multiple customer segments and geographies. The move also indicates management's commitment to finding growth opportunities beyond their core business while leveraging existing technological assets.
The Africa-U.S. remittance corridor represents significant growth potential as approximately 2 million African immigrants in the U.S. regularly send money home. By expanding beyond Latin America while maintaining their technological advantage, Intermex is demonstrating a thoughtful approach to diversification that could enhance long-term revenue growth potential without overextending resources.
MIAMI, Aug. 26, 2025 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) (“Intermex� or the “Company�), a leading money remittance provider to Latin America and the Caribbean, today announced a new strategic partnership with Zeepay, a rapidly growing fintech focused on Africa. The collaboration will leverage Intermex’s Wire-as-a-Service platform to better serve African communities abroad, starting with Africans living in the United States.
By combining Intermex’s technology with Zeepay’s trusted regional network, the partnership will enable money transfers and related services across Africa, while also expanding into Zeepay’s dedicated retail stores in the U.S. and digital channels serving Africans in Europe.
Marcelo Theodoro, Chief Product, Marketing and Digital Officer at Intermex, commented, “This partnership with Zeepay is another milestone in our mission to expand Intermex’s global footprint and deliver world-class services to Africans living in the United States and Europe. By pairing our Wire-as-a-Service platform with Zeepay’s local expertise, we are unlocking new opportunities for growth while continuing to diversify our business.�
Theodoro added, “Ultimately, this is about creating greater access and opportunity. For our customers, it means faster, more convenient, and more reliable ways to send money home. For Intermex, it reinforces our strategy of leveraging our omnichannel platform to meet customers wherever they are and deliver seamless cross-border solutions.�
Andrew Takyi-Appiah, Director at Zeepay, echoed this vision: “Partnering with Intermex allows us to strengthen our mission of making cross-border payments seamless for Africans everywhere. Together, we will connect families, empower businesses, and advance financial inclusion by offering money transfer services through an omnichannel platform that combines both digital and in-person experiences.�
As part of the sponsorship arrangement, Zeepay will lead Intermex’s Africa business in partnership with the brand. This marks another step forward in Intermex’s global diversification strategy and underscores the company’s commitment to providing secure, convenient, and affordable services to underserved communities worldwide.
About Zeepay:
Zeepay is a Ghanaian-owned, award-winning fintech company specializing in Mobile Financial Services. With offices in Ghana, the UK, and through partners across Europe, Zeepay is regulated by the Bank of Ghana and the UK Financial Conduct Authority. Zeepay focuses on remittances and mobile money services, with its main campus based in Cantonments, Accra.
About Intermex:
Founded in 1994, Intermex enables consumers to send money from the United States, Canada, Spain, Italy, the United Kingdom, and Germany to more than 60 countries. The company provides digital money movement through agent retailers, company-operated stores, mobile apps, and websites. Transactions are fulfilled and paid through thousands of retail and bank locations worldwide. Intermex is headquartered in Miami, Florida, with international offices in Puebla, Mexico; Guatemala City, Guatemala; London, England; and Madrid, Spain. For more information, visit .
Intermex Contact:
Alex Sadowski
[email protected]
