History

Intermex was founded by Chairman John Rincon in 1994. With previous experience in the US and Latin American money transfer industry, and with the assistance of his brother Cesar, he quickly launched services in the states of Washington and Oregon.

In 1996 the company started operations in Florida, now its corporate headquarters.  Within two years, software was developed to automate remittance data capture and related accounting functions.  This improvement quickly fueled the growth of the service network.  By the year 2000, Intermex was licensed in 10 states.  Additional technological advances propelled Intermex growth by allowing agents to use computers to communicate remotely with Intermex’s systems.

A major milestone for the company occurred in 2004 by launching services in Texas, a key State due to its proximity to Mexico and a large Hispanic population.  In the same year, Intermex acquired and integrated Access Financial, a money order company based in Dallas Texas. 

Some notable milestones in Intermex History:

November 2004:   Intermex acquires Access Financial a Dallas based money order company.

October 2004:       Initiated business in Texas – first major market entered outside of Florida.

August 2006:        Intermex Wire Transfer, LLC acquired by Lindsay, Goldberg and Bessemer.

March 2007:          Intermex Wire Transfer, LLC acquires Servimex, Inc – adding 400 new agencies and
four new states.

July 2007:              Opened call center in Puebla, Mexico.