International Money Express Inc at UBS Global TMT Conference Transcript

Dec 06, 2022 / 07:10PM GMT
Rayna Kumar - UBS Investment Bank, Research Division - Analyst

Good afternoon, everyone. I'm Rayna Kumar and I lead U.S. payments processors and IT services equity research here at UBS. I'm fortunate today to be joined by Intermex's CFO. Thanks for joining us today.

Andras Q. Bende - International Money Express, Inc. - CFO

Happy to be here. Thank you.

Rayna Kumar - UBS Investment Bank, Research Division - Analyst

Great. So maybe to start, can you spend a few minutes providing an overview and history of Intermex?

Andras Q. Bende - International Money Express, Inc. - CFO

Sure. Intermex started in the private world in the mid-90s by an entrepreneur named John Rincon, who actually still sits with our Board, grew over time, first started sending remittances to Colombia and then very quickly focused on Mexico and Guatemala, who are really 2 of the most important countries to focus on in Latin America.

I can talk a bit more on why shortly. But they grew over time,

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