DolEx Dollar Express, Inc. and Barri Financial Group Announce Merger

DolEx Dollar Express, Inc. (“DolEx”) and Barri Financial Group (“Barri”) jointly announced today the signing of a definitive agreement under which the companies will merge to create a premier consumer financial services company. The combined company will offer its suite of services, including money transfer, check cashing and other ancillary products, to customers at thousands of retail locations across the United States.

The merger combines two complementary cross-border money transfer services platforms, creating a premier consumer financial services company that will be well-positioned to capitalize on a growing set of opportunities in the market. The combined entities are planning an expansion of consumer acquisition channels and geographic footprint. With increased scale, a more diverse retail presence, and deeper product suite, the combined company will have the enhanced capability to better serve both existing and new customers. Both organizations share a legacy of developing deep community ties, along with core values centered on customer service, accountability, and regulatory compliance. The combined organization will have a stronger, deeper leadership team with complementary expertise to drive enhanced operational performance, strategic growth, and risk management.