Ria Money Transfer

Overview

Ria Money Transfer is Euronet Worldwide NASDAQ: EEFT US-based global money transfer + remittance subsidiary + world's #3 retail money transfer + remittance network by transaction volume after Western Union + MoneyGram + retail agent network 600,000+ across 165+ countries + ~25M+ annual Ria Money Transfer customers worldwide [1, us-cro].

History

1987 — Ria Envia founded in New York as US-based money transfer service for Hispanic American diaspora distinctive US Hispanic-anchored money transfer heritage.

Apr 2007 — Euronet Worldwide acquires Ria Envia for ~$490M distinctive US payments + remittance acquisition.

2007 — Ria Envia renamed Ria Money Transfer.

Ownership & operator

Operating entity: Ria Money Transfer (Euronet Worldwide US-based global money transfer + remittance subsidiary).

Major shareholders: Euronet Worldwide Inc (NASDAQ: EEFT; US-based global payments group; Ria Money Transfer + xe.com + Dandelion Payments + EFT Processing + epay parent) fully owned.

Regulators: FinCEN + Federal Reserve + state regulators + national regulators across 165+ countries.

Technical integration

Ria Money Transfer mobile app (iOS + Android; ~25M+ annual Ria Money Transfer customers worldwide) + riamoneytransfer.com online + Ria Money Transfer retail agent network 600,000+ retail agents in 165+ countries + Ria Money Transfer Visa + Mastercard cards; ACH + SWIFT + FedNow + cash-based money transfer + remittance + bank account transfers + mobile wallet transfers.

Implementations & partners

Euronet Worldwide parent: [[euronet-worldwide]] (Euronet Worldwide Inc; NASDAQ: EEFT; US-based global payments group; Ria Money Transfer + xe.com + Dandelion Payments + EFT Processing + epay parent).

Major US-based + global money transfer + remittance competitors: [[western-union]] (Western Union; NYSE: WU; US-based global money transfer + remittance operator + retail agent network; world's largest money transfer + remittance network by transaction volume) + [[moneygram]] (MoneyGram International; US-based global money transfer + remittance operator + retail agent network) + [[remitly]] (Remitly; NASDAQ: RELY; US-based mobile-first global money transfer + remittance; ~7.5M+ annual customers) + [[worldremit]] (WorldRemit Zepz; UK-based mobile-first global money transfer + remittance; ~11M+ annual customers) + [[wise]] (Wise; UK + global multi-currency account + cross-border transfers) + [[xoom]] (Xoom PayPal-owned US-based global money transfer + remittance; ~1.5M+ annual customers) + [[paypal-app]] (PayPal; NASDAQ: PYPL; US-based global digital payment platform + Xoom + Honey + Venmo parent) + [[venmo-app]] (Venmo; PayPal-owned US-based P2P mobile wallet) + [[cashapp]] (Cash App; Block NYSE: SQ US-based P2P mobile wallet).

Regulators: FinCEN + Federal Reserve + state regulators + national regulators across 165+ countries.

Status

Active, Euronet Worldwide NASDAQ:EEFT US-based global money transfer + remittance subsidiary + world's #3 retail money transfer + remittance network by transaction volume after Western Union + MoneyGram + retail agent network 600,000+ across 165+ countries + ~25M+ annual Ria Money Transfer customers worldwide [1, 2].

Sources

• 1 Ria — official
• 2 Ria Money Transfer — Wikipedia
• us-cro In-corpus: reports/countries/US-united-states.md

Source

Biography extracted from ria-money-transfer.md. See matrix.md for standards-support matrix if present.