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FOR IMMEDIATE RELEASE WesternUnion \\ WU Western Union Reports Second Quarter Results Total Company GAAP revenues grow 16 % , or 13 % constant currency , to $ 1.3 billion ; GAAP earnings per share ( EPS ) of $ 0.54 , adjusted EPS of $ 0.48 Digital money transfer revenues reach a new quarterly high of over $ 265 million with more than $ 500 million generated year - to - date Announced divestiture of Western Union Business Solutions , supporting the Company's strategic focus on its unique , global cross - border money transfer and payments platform and digital capabilities to serve an array of partners and use cases Reaffirms 2021 adjusted financial outlook DENVER , August 4 , 2021 : The Western Union Company ( NYSE : WU ) , a global leader in cross - border , cross - currency money movement and payments , today reported second quarter financial results and reaffirmed key components of its 2021 financial outlook , while also updating certain metrics for the planned termination of the Company's pension plan , resulting in the recognition of non - cash expenses , and the planned divestiture of Western Union Business Solutions . In its announcement of the planned divestiture , Western Union separately communicated today that it has reached a definitive agreement to sell its Business Solutions business to Goldfinch Partners , LLC ( “ Goldfinch ” ) and The Baupost Group ( “ Baupost ” ) . The Company's second quarter revenue of $ 1.3 billion increased 16 % on a reported basis , or 13 % constant currency , compared to the prior year period . While year - over - year revenue growth benefited from a favorable comparison to the prior year period which was impacted by COVID 19 , sequential quarterly growth was also strong led by improvement in retail money transfer and sustained growth in digital money transfer , which grew to a new quarterly high of over $ 265 million in revenue .