Acquisition History / Western Union / GMT
Western Union Acquires GMT
Announced June 16, 2026 — $70M
What happened
GMT is an Israeli fintech in the payments and remittance sector. Western Union acquired it in a US$70M deal, expanding its footprint in Israel's payments market.
- Acquirer
- Western Union
- Target
- GMT
- Announced
- June 16, 2026
- Price
- $70M
- Industry
- Payments / remittances
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Western Union acquire GMT?
Western Union acquired GMT on June 16, 2026. This was Western Union's 1st publicly tracked acquisition out of 1 we have on record.
How much did Western Union pay for GMT?
Western Union paid $70M for GMT.
What does GMT do?
GMT is an Israeli fintech in the payments and remittance sector. Western Union acquired it in a US$70M deal, expanding its footprint in Israel's payments market.
What other Payments / remittances companies has Western Union acquired?
GMT is Western Union's only publicly tracked acquisition in Payments / remittances so far.