What Ria does

Ria Money Transfer (legally Dandelion Payments, Inc.) is a global cross-border money transfer service and subsidiary of Euronet Worldwide Inc. (NASDAQ: EEFT). Founded in 1987 as an immigrant-led business and acquired by Euronet in 2007, Ria enables individuals—primarily migrants and diaspora communities—to send money internationally to family and dependents. The company operates a hybrid distribution model combining a network of more than 600,000 retail agent locations across nearly 200 countries and territories with an online platform and mobile tools for direct digital transfers. Payout infrastructure spans 4.1 billion bank accounts and 3.1 billion mobile wallet users, supporting cash pickup, bank deposit, and mobile wallet delivery methods.

Ria generates revenue through transaction fees on cross-border remittances, with pricing varying by destination corridor, transfer amount, and delivery method. The go-to-market combines direct-to-consumer channels (online and in-person) with B2B digital partnerships that integrate Ria's transfer rails into third-party platforms. The customer base is horizontally segmented, serving both migrant senders remitting to home countries and general consumers conducting P2P, bill, or small-business transfers. Marketing emphasizes brand heritage (nearly 40 years), the immigrant-founded origin story, the Inter Milan sponsorship, and a global partnership with Save the Children (since 2022) that has reached more than 23,000 children in Mexico and the Philippines.

The company is led by CEO Shawn Fielder at the Ria entity level, with Juan Bianchi serving as CEO of Euronet's Money Transfer Segment. Other senior leaders include CRO Alonzo Venegas, Chief Compliance Officer William E. Waugh, VP Compliance Alex Ketter, and Head of Product Roberto Iglesias. Ria reports no disclosed AI capabilities, no public funding events (operating under parent company Euronet), and specific revenue figures are not publicly reported at the subsidiary level. The core technology stack is not explicitly disclosed in the available material.

Name

Ria

Legal name

Dandelion Payments, Inc.

Website

https://in.riafinancial.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Ria Money Transfer is a global cross-border remittance service and subsidiary of Euronet Worldwide Inc., serving migrants, diaspora communities, and general consumers through 600,000+ retail locations and digital channels across nearly 200 countries, with revenue generated via transaction fees.

Ownership category

akta.pro rank

Product category

Cross-border Money Transfer / Remittance Services

akta.pro primary industry

Crypto Remittance & Cross-Border Money Transfer Providers (FSADAIAD)

akta.pro secondary industries

Cross-Border Payments & FX (multi-currency wallets, DCC, remittance) (THALAHAE), Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC)

Keywords

• Cross-border remittance
• Money transfer services
• International wire transfers
• Remittance payments
• Digital money transfer

Headquarters

HQ city

Buena Park

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Money Transfer Transaction Fees: Ria generates revenue through transaction fees charged on cross-border money transfers. Customers pay fees when sending money online or in person through Ria's network of 600,000+ locations across nearly 200 countries. The company also offers various payout methods including bank accounts, mobile wallets, and cash pickup.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Ria provides cross-border money transfer services that enable individuals and businesses to send funds internationally via a global network of 600,000+ retail agent locations across nearly 200 countries and territories. Customers can initiate transfers online, through mobile tools, or in person, with recipients able to receive funds via cash pickup, direct deposit to bank accounts (4.1 billion reachable), or mobile wallet delivery (3.1 billion reachable users). The service is complemented by a digital partner program that allows third-party businesses to integrate Ria's transfer capabilities into their own platforms.

Product overview

Ria Money Transfer is a single unified money transfer product offering online and in-person transfer services. The core Ria Money Transfer platform provides cross-border money movement through a global retail network of 600,000+ locations spanning nearly 200 countries and territories, with digital tools for location finding, transfer tracking, and account access. The company operates as part of Euronet Worldwide Inc. (which also owns Xe) and serves migrants and remittance customers with both cash-based and digital transfer options.

Differentiator

Problem solved

Functional benefit

Products and services

• Ria Money Transfer

Segments2 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Save the ChildrencoreStrategic or Co-development Partner · 1 January 2022Ria Money Transfer is a global partner of Save the Children, a leading humanitarian organization for children. Since 2022, they have worked together on projects that have brought access to safe and supportive early-childhood education to more than 23,000 children in Mexico and the Philippines. The partnership aims to make an even bigger difference for children around the world in the coming years.
• Euronet Worldwide Inc.coreOthers · 1 January 2007Ria was acquired by Euronet Worldwide Inc. in 2007. Euronet is a leading global financial technology solutions and payments provider. Under Euronet's ownership, Ria has grown to become one of the top money transfer companies in the world.
• Inter MilanminorGTM or Marketing PartnerRia Money Transfer sponsors Inter Milan football club. Like the money transfer industry, football is described as fast-moving and ever-changing, and Ria relishes the challenge and is driven by constant pursuit of excellence.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• MoneyGram: MoneyGram is a direct peer with overlapping retail agent networks, bank account payouts, and consumer remittance positioning. Both target the same migrant customer segment with similar digital + physical hybrid distribution models.
• Remitly: Remitly is a direct peer focused on digital-first cross-border remittances, particularly for migrants from Asia and Latin America. It competes head-to-head with Ria's online channel and is the most direct threat from a digital-native challenger in Ria's core corridors.
• Sendwave (Zepz): Sendwave is a direct peer focused on Africa-to-Africa and Africa-diaspora remittances via mobile money rails. It represents the digital-native competition in cash-heavy receive markets where Ria's network has historically been strongest.
• Western Union: Western Union is the largest direct competitor to Ria in the consumer cross-border money transfer category. Both operate global agent networks for cash pickup, serve migrants sending remittances home, and compete on the same corridors with similar payout methods (cash, bank, mobile wallet).
• WorldRemit: WorldRemit is a direct peer in digital-first remittances, serving the same migrant customer base across Africa, Asia, and Latin America. It offers mobile wallet, bank, and cash-pickup payouts comparable to Ria's multi-method delivery.
• Xe (Euronet Money Transfer): Xe is a sister brand under the same Euronet Money Transfer Segment. It focuses on digital and corporate FX/money transfer while Ria leads on consumer retail and cash pickup — direct overlap with shared infrastructure and corridors.
• Wise (formerly TransferWise): Wise is a direct peer in cross-border money movement, competing with Ria's online transfer service with mid-market FX rates and transparent pricing. It particularly overlaps with Ria's bank-account payout use case and digital senders.

Broad incumbents

• Revolut: Revolut is a broad incumbent in digital banking and payments that has expanded into cross-border transfers. It overlaps with Ria's digital senders but as one service in a much wider portfolio of banking, FX, and trading products.
• Xoom (PayPal): Xoom is PayPal's consumer remittance arm, offering a direct competitor to Ria's online transfer service with strong digital wallet integration. It competes in the same corridors but as part of PayPal's broader payments platform rather than as a pure-play remittance business.

Emerging players

• dLocal: dLocal is an emerging player in cross-border payments across Latin America and other emerging markets, focused more on merchant payments than P2P remittance but overlapping on emerging-market payout infrastructure relevant to several Ria corridors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/riafinancial

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ria