Euronet’s Ria Money announces strategic acquisition of Kyodai Remittance

Ria Money Transfer, a business segment of Euronet (EEFT), announced that it has become the majority shareholder through the acquisition of 60% of the shares of Unidos, widely recognized by customers as Kyodai Remittance. Leveraging Kyodai, Ria is set to expand its footprint across the Asia Pacific region. “Ria and Kyodai’s 15-year partnership has thrived because we share a common mission and values,” said Shawn Fielder, President & Chief Executive Officer of Ria. “Together, we remain committed to delivering secure, convenient, and customer-focused money transfer solutions. By joining forces, we are well-positioned to make an even greater impact on the lives of people in Japan and the communities we serve worldwide.”