Updated
The most significant concentration International Money Express, In discloses is US Bank, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: International Money Express, In’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
“10-K Item 1: 'we have benefited from our long relationship with US Bank, which manages our main operating account, and from strong relationships with Wells Fargo and Bank of America, which serve as our primary banks for exchange rate management with respect to the foreign currencies in which we transact.'”
“10-K Item 1A: 'We derive a substantial portion of our revenue from our money remittance transactions from the United States to the LAC corridor, particularly Mexico, Guatemala, El Salvador, Honduras and the Dominican Republic'”
“10-K Item 1: 'Grupo Elektra, S.A.B. de C.V. ("Elektra") is our largest paying agent and processes a significant portion of remittances in the LAC corridor.'”
International Money Express' concentration profile combines a high-scale banking dependency with two moderate exposures tied to its core remittance corridor. The company has benefited from its long relationship with US Bank, which manages its main operating account, alongside relationships with Wells Fargo and Bank of America for foreign exchange management — a high-scale reliance on banking counterparties for core treasury functions. Separately, the company derives a substantial portion of its revenue from money remittance transactions from the United States to the LAC corridor, particularly Mexico, Guatemala, El Salvador, Honduras, and the Dominican Republic, and Grupo Elektra serves as its largest paying agent, processing a significant portion of remittances in that corridor. These exposures layer on top of each other in a specific business. The LAC corridor concentration is structural — it defines the geographic core of the business rather than depending on any one relationship. Within that corridor, the Grupo Elektra paying-agent relationship is the idiosyncratic risk, since a disruption there would directly affect remittance processing capacity in the corridor. The US Bank relationship sits above both, since operating-account and FX-management disruptions could affect the business independent of which corridor or paying agent is involved.
For the engine’s reasoning on IMXI’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AI | C3.ai, Inc. | 1 | 2 | 0 | 3 |
| IMXI● | International Money Express, In | 1 | 2 | 0 | 3 |
| AEVA | Aeva Technologies, Inc. | 1 | 0 | 0 | 1 |
| AIOT | PowerFleet, Inc. | 0 | 2 | 0 | 2 |
| ACIW | ACI Worldwide, Inc. | 0 | 0 | 0 | 0 |
| AKAM | Akamai Technologies, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.