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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2018	Nov. 09, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	International Money Express, Inc.
Entity Central Index Key	0001683695
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Common Stock, Shares Outstanding		36,182,783
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	Q3

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)

Sep. 30, 2018

Dec. 31, 2017

Current assets:

Cash

$ 82,490,398

$ 59,155,618

Accounts receivable, net of allowance of $340,178 and $307,562, respectively

80,923,807

51,374,377

Prepaid wires

5,119,778

7,675,491

Other prepaid expenses and current assets

3,472,124

900,386

Total current assets

172,006,107

119,105,872

Property and equipment, net

9,525,295

8,490,794

Goodwill

36,259,666

Intangible assets, net

39,389,769

48,741,032

Deferred tax asset, net

1,748,854

Other assets

639,119

1,706,693

Total assets

257,819,956

216,052,911

Current liabilities:

Current portion of long-term debt, net

^[1]

4,078,627

3,913,436

Accounts payable

14,060,179

8,919,796

Wire transfers and money orders payable

78,152,404

48,276,649

Accrued and other

14,018,061

11,514,449

Total current liabilities

110,309,271

72,624,330

Long term liabilities:

Deferred tax liability, net

5,157,019

Debt, net

104,423,502

107,526,462

Total long term liabilities

109,580,521

107,526,462

Commitments and contingencies, see Note 11

Stockholders' equity:

Common stock $0.0001 par value; 200,000,000 shares authorized, 36,182,783 and 17,227,682 shares issued and outstanding as of September 30, 2018 and December 31, 2017, respectively

3,619

1,723

Additional paid-in capital

60,203,431

46,076,220

Accumulated deficit

(22,281,866)

(10,173,453)

Accumulated other comprehensive income (loss)

4,980

(2,371)

Total stockholders' equity

37,930,164

35,902,119

Total liabilities and stockholders' equity

$ 257,819,956

$ 216,052,911

[1]	Current portion of long-term debt is net of debt origination costs of $771,373 at September 30, 2018 and $936,564 at December 31, 2017.

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Accounts receivable, allowance	$ 340,178	$ 307,562
Stockholders' equity:
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common shares, authorized (in shares)	200,000,000	200,000,000
Common shares, issued (in shares)	36,182,783	17,227,682
Common shares, outstanding (in shares)	36,182,783	17,227,682

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)	1 Months Ended	3 Months Ended		8 Months Ended	9 Months Ended
	Jan. 31, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2017	Sep. 30, 2018
Revenues:
Wire transfer and money order fees		$ 61,331,837	$ 47,642,153	$ 119,226,787	$ 168,554,175
Foreign exchange		10,697,168	8,413,051	21,690,233	29,013,221
Other income		479,461	338,090	854,102	1,276,494
Total revenues		72,508,466	56,393,294	141,771,122	198,843,890
Operating expenses:
Service charges from agents and banks		48,305,007	37,846,027	94,607,887	132,564,938
Salaries and benefits		10,959,507	5,983,784	16,395,185	24,632,910
Other selling, general and administrative expenses		5,206,932	4,163,419	10,400,190	13,390,449
Transaction costs		6,304,972	0	6,212,602	10,319,283
Depreciation and amortization		4,142,139	4,553,042	12,056,986	11,749,513
Total operating expenses		74,918,557	52,546,272	139,672,850	192,657,093
Operating (loss) income		(2,410,091)	3,847,022	2,098,272	6,186,797
Interest expense		3,433,731	4,612,430	8,107,258	10,109,664
Loss before income taxes		(5,843,822)	(765,408)	(6,008,986)	(3,922,867)
Income tax provision (benefit)		7,569,174	(191,727)	1,052,479	8,185,546
Net loss		(13,412,996)	(573,681)	(7,061,465)	(12,108,413)
Other comprehensive income (loss)		22,452	3,859	18,990	7,351
Comprehensive loss		$ (13,390,544)	$ (569,822)	$ (7,042,475)	$ (12,101,062)
Loss per common share:
Basic and diluted (in dollars per share)		$ (0.43)	$ (0.03)	$ (0.41)	$ (0.55)
Weighted-average common shares outstanding:
Basic and diluted (in shares)		30,975,338	17,227,682	17,227,682	21,827,082
Predecessor Company [Member]
Revenues:
Wire transfer and money order fees	$ 11,876,919
Foreign exchange	2,449,709
Other income	98,715
Total revenues	14,425,343
Operating expenses:
Service charges from agents and banks	9,440,774
Salaries and benefits	4,530,308
Other selling, general and administrative expenses	1,063,379
Transaction costs	3,917,188
Depreciation and amortization	381,746
Total operating expenses	19,333,395
Operating (loss) income	(4,908,052)
Interest expense	613,742
Loss before income taxes	(5,521,794)
Income tax provision (benefit)	(2,203,373)
Net loss	(3,318,421)
Other comprehensive income (loss)	(2,453)
Comprehensive loss	$ (3,320,874)

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - 9 months ended Sep. 30, 2018 - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Balance at Dec. 31, 2017	$ 1,723	$ 46,076,220	$ (10,173,453)	$ (2,371)	$ 35,902,119
Balance (in shares) at Dec. 31, 2017	17,227,682
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net equity infusion from reverse recapitalization	$ 1,896	8,961,625	0	0	8,963,521
Net equity infusion from reverse recapitalization (in shares)	18,955,101
Share-based compensation	$ 0	5,165,586	0	0	5,165,586
Adjustment from foreign currency translation, net	0	0	0	7,351	7,351
Net loss	0	0	(12,108,413)	0	(12,108,413)
Balance at Sep. 30, 2018	$ 3,619	$ 60,203,431	$ (22,281,866)	$ 4,980	$ 37,930,164
Balance, (in shares) at Sep. 30, 2018	36,182,783

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	1 Months Ended	8 Months Ended	9 Months Ended
	Jan. 31, 2017	Sep. 30, 2017	Sep. 30, 2018
Cash flows from operating activities:
Net loss		$ (7,061,465)	$ (12,108,413)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization		12,056,986	11,749,513
Share-based compensation		1,534,655	5,165,586
Provision for bad debts		813,641	743,285
Debt origination costs amortization		125,053	699,731
Deferred taxes		903,181	6,905,873
Loss on disposal of property and equipment		86,351	151,724
Total adjustments		15,519,867	25,415,712
Changes in operating assets and liabilities:
Accounts receivable		(26,826,448)	(30,285,672)
Prepaid wires		(2,402,576)	2,784,622
Other prepaid expenses and assets		(1,706,487)	(1,427,760)
Wire transfers and money orders payables		13,100,915	29,639,809
Accounts payable and accrued other		(1,458,882)	16,497,269
Net cash provided by (used in) operating activities		(10,835,076)	30,515,567
Cash flows from investing activities:
Purchases of property and equipment		(3,095,230)	(3,575,065)
Net cash used in acquisition		(923,654)	0
Net cash used in investing activities		(4,018,884)	(3,575,065)
Cash flows from financing activities:
Borrowings under term loan		102,000,000	0
Proceeds from reverse recapitalization		0	101,663,573
Cash consideration to Intermex shareholders		0	(101,658,947)
Borrowings (Repayments) under revolving loan, net		12,000,000	0
Repayment of term loan		(75,000,000)	(3,637,500)
Debt origination costs		(4,682,830)	0
Common dividend distributions		(20,000,000)	0
Net cash (used in) provided by financing activities		14,317,170	(3,632,874)
Effect of exchange rate changes on cash		405,922	27,152
Net increase (decrease) in cash and restricted cash		(130,868)	23,334,780
Cash and restricted cash, beginning of the period		44,628,247	59,795,280
Cash and restricted cash, end of the period	$ 44,628,247	44,497,379	83,130,060
Supplemental disclosures of cash flow information:
Cash paid for interest		8,556,649	9,409,516
Cash paid for taxes		400,000	1,494,900
Supplemental disclosure of non-cash financing activity:
Agent businesses acquired in exchange for receivables		639,688	0
Intermex transaction accruals settled by acquisition proceeds		0	$ 9,062,769
Predecessor Company [Member]
Cash flows from operating activities:
Net loss	(3,318,421)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	381,746
Share-based compensation	2,916,324
Provision for bad debts	83,695
Debt origination costs amortization	39,298
Deferred taxes	(2,214,351)
Loss on disposal of property and equipment	13,472
Total adjustments	1,220,184
Changes in operating assets and liabilities:
Accounts receivable	3,612,332
Prepaid wires	7,848,641
Other prepaid expenses and assets	70,927
Wire transfers and money orders payables	(1,884,922)
Accounts payable and accrued other	1,103,326
Net cash provided by (used in) operating activities	8,652,067
Cash flows from investing activities:
Purchases of property and equipment	(249,382)
Net cash used in acquisition	0
Net cash used in investing activities	(249,382)
Cash flows from financing activities:
Borrowings under term loan	0
Proceeds from reverse recapitalization	0
Cash consideration to Intermex shareholders	0
Borrowings (Repayments) under revolving loan, net	(2,000,000)
Repayment of term loan	0
Debt origination costs	0
Common dividend distributions	0
Net cash (used in) provided by financing activities	(2,000,000)
Effect of exchange rate changes on cash	(15,196)
Net increase (decrease) in cash and restricted cash	6,387,489
Cash and restricted cash, beginning of the period	38,240,758	$ 44,628,247
Cash and restricted cash, end of the period	44,628,247
Supplemental disclosures of cash flow information:
Cash paid for interest	658,888
Cash paid for taxes	0
Supplemental disclosure of non-cash financing activity:
Agent businesses acquired in exchange for receivables	0
Intermex transaction accruals settled by acquisition proceeds	$ 0

BUSINESS AND ACCOUNTING POLICIES	9 Months Ended
BUSINESS AND ACCOUNTING POLICIES	Sep. 30, 2018
BUSINESS AND ACCOUNTING POLICIES [Abstract]
BUSINESS AND ACCOUNTING POLICIES	NOTE 1 - BUSINESS AND ACCOUNTING POLICIES On July 26, 2018 (the “Closing Date”), International Money Express, Inc. (formerly FinTech Acquisition Corp. II) consummated the previously announced transaction (the “Merger”) by and among FinTech Acquisition Corp. II, a Delaware corporation (“FinTech”), FinTech II Merger Sub Inc., a wholly-owned subsidiary of FinTech (“Merger Sub 1”), FinTech II Merger Sub 2 LLC, a wholly-owned subsidiary of FinTech (“Merger Sub 2”), Intermex Holdings II, Inc. (“Intermex”) and SPC Intermex Representative LLC (“SPC Intermex”)(See Note 2). As a result of the Merger, the separate corporate existence of Intermex ceased and Merger Sub 2 (which changed its name to International Money Express Sub 2, LLC in connection with the closing of the Merger) continued as the surviving entity. In connection with the closing of the Merger, FinTech changed its name to International Money Express, Inc. (the “Company”). Unless the context below otherwise provides, the “Company” refers to the combined company following the Merger and, together with their respective subsidiaries, “FinTech” refers to the registrant prior to the closing of the Merger and “Intermex” refers to Intermex Holdings II, Inc. prior to the closing of Merger. The condensed consolidated financial statements of the Company include Intermex, its wholly-owned indirect subsidiary, Intermex Wire Transfer, LLC (“LLC”), Intermex Wire Transfers de Guatemala, S.A. (“Guatemala”) - 99.8% owned by LLC, Intermex Wire Transfer de Mexico, S.A. and Intermex Transfers de Mexico, S.A. (“Mexico”) - 98% owned by LLC, Intermex Wire Transfer Corp. - 100% owned by LLC and Intermex Wire Transfer II, LLC - 100% owned by LLC. The Merger has been accounted for as a reverse recapitalization where FinTech was treated as the “acquired” company for financial reporting purposes. This determination was primarily based on the facts that following the Merger, the former stockholders of Intermex control the majority of the voting rights in respect of the board of directors of the Company, Intermex comprising the ongoing operations of the Company and Intermex’s senior management comprising the senior management of the Company. Accordingly, the Merger is treated as the equivalent of Intermex issuing stock for the net assets of FinTech, accompanied by a recapitalization. The net assets of FinTech are stated at historical cost, with no goodwill or other intangible assets resulting from the Merger. The consolidated assets, liabilities and results of operations prior to the Closing Date of the Merger are those of Intermex, and FinTech’s assets, liabilities and results of operations are consolidated with Intermex beginning on the Closing Date. The shares and corresponding capital amounts included in common stock and additional paid-in capital, pre-merger, have been retroactively restated as shares reflecting the exchange ratio in the Merger for all Successor periods. The historical financial information and operating results of FinTech prior to the Merger have not been separately presented in these consolidated financial statements as they were not significant or meaningful. Stella Point Capital, LLC (“Stella Point”) acquired a majority interest in Intermex on February 1, 2017 as discussed in further detail in Note 2. In connection with the acquisition of Intermex by Stella Point, the Company applied “push-down” accounting and the assets and liabilities were adjusted to fair value on the closing date of the transaction, February 1, 2017. As a result, the Company's condensed consolidated financial statement presentation distinguishes between a predecessor period ("Predecessor") for periods prior to the transaction, and a successor period ("Successor"), for periods subsequent to the transaction. The Company operates as a money transmitter, primarily between the United States of America (“U.S.”) and Mexico, Guatemala and other countries in Latin America through a network of authorized agents located in various unaffiliated retail establishments throughout the U.S. All significant inter-company balances and transactions have been eliminated from the condensed consolidated financial statements. The condensed consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). Certain reclassifications have been made to prior-year amounts in the consolidated statements of operations and comprehensive loss to conform to current-year reporting classifications. Principally, certain employee benefits that were classified as other selling, general and administrative expenses are now presented within salaries and benefits. The reclassifications had no impact on operating (loss) income or net loss. The Company’s interim condensed consolidated financial statements and related notes are unaudited. In the opinion of management, all adjustments (including normal recurring adjustments) and disclosures necessary for a fair presentation of these interim statements have been included. The results reported in these interim financial statements are not necessarily indicative of the results that may be reported for the entire year. Certain information and footnote disclosures required by GAAP have been condensed or omitted. These interim financial statements should be read in conjunction with the consolidated financial statements and related notes of Intermex Holdings, Inc. (“Holdings”) for the fiscal year ended December 31, 2017 (“Audited Financial Statements”) disclosed in the prospectus, dated October 25, 2018, filed pursuant to Rule 424(b)(3), starting on page F-14. Holdings is an indirect wholly owned subsidiary of the Company and has no operations of its own, other than its ownership of its subsidiaries. Accounting Pronouncements The Financial Accounting Standards Board (“FASB”) issued amended guidance, Restricted Cash, which requires restricted cash to be presented with cash and cash equivalents in the condensed consolidated statements of cash flows. The Company adopted this guidance in the first quarter of 2018 using a retrospective transition method for each period presented. Cash and restricted cash included $639,662 of restricted cash for all beginning and ending periods presented in the condensed consolidated statements of cash flows, which is included in other prepaid expenses and current assets, and other assets in the Company’s condensed consolidated balance sheets at September 30, 2018 and December 31, 2017, respectively. The restricted cash was deposited with a U.S. bank as cash collateral for an irrevocable stand-by letter of credit issued as collateral for the operating lease of the Company’s headquarters. This lease was renegotiated in April 2018, and accordingly, the letter of credit is no longer required; the Company expects to collect these funds in the fourth quarter of 2018. The FASB issued guidance, Improvements to Employee Share-Based Payment Accounting, which simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The Company adopted this guidance in the first quarter of 2018 and the impact of this adoption did not have a material impact on the Company’s condensed consolidated financial statements. The FASB issued guidance, Revenue from Contracts with Customers, which amended the existing accounting standards for revenue recognition. The new guidance establishes principles for recognizing revenue upon the transfer of promised goods or services to customers, in an amount that reflects the expected consideration received in exchange for those goods or services. This guidance is required to be adopted by the Company in the first quarter of 2019 and can be applied using either a retrospective or a modified retrospective approach. Based on our assessment of the new standard, we have determined the vast majority of our revenues include only one performance obligation, which is to collect the consumer's money and make funds available for payment, generally on the same day, to a designated recipient in the currency requested. Accordingly, management believes this standard will not have a material impact on the Company’s financial statements and expects to adopt this standard using the modified retrospective approach, with the cumulative effect of adoption, if any, included in accumulated deficit as of January 1, 2019. However, management is continuing to assess the requirements of the new revenue guidance, including enhanced disclosures and reporting requirements. The FASB issued amended guidance, Business Combinations - Clarifying the Definition of a Business, which assists entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. This guidance is required to be adopted by the Company in the first quarter of 2019 on a prospective basis, and the Company does not believe it will have a material impact on the consolidated financial statements. The FASB issued guidance, Leases, to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet for those leases classified as operating leases under previous U.S. GAAP. The guidance requires that a lessee recognize a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term on the balance sheet. This guidance is required to be adopted by the Company in the first quarter of 2020 and must be applied using a modified retrospective approach. The Company is currently evaluating the impact this guidance will have on the consolidated financial statements. The FASB issued amended guidance, Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments, which clarifies how certain cash receipts and cash payments are presented and classified in the consolidated statements of cash flows. The amendments are aimed at reducing the existing diversity in practice. This guidance is required to be adopted by the Company in the first quarter of 2019 and must be applied using a retrospective approach for each period presented. The adoption of this guidance is not expected to have a material impact on the consolidated financial statements. The FASB issued amended guidance, Intangibles – Goodwill and other (Topic 350): Simplifying the Test for Goodwill Impairment. The amended standard simplifies how an entity tests goodwill by eliminating Step 2 of the goodwill impairment test related to measuring an impairment charge. Instead, impairment will be recorded for the amount that the carrying amount of a reporting unit exceeds its fair value. This new guidance is effective for the Company beginning in in the first quarter of 2021. The adoption of this guidance is not expected to have a material impact on the consolidated financial statements. The FASB issued guidance, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, regarding the measurement of credit losses for certain financial instruments. The new standard replaces the incurred loss model with a current expected credit loss (“CECL”) model. The CECL model is based on historical experience, adjusted for current conditions and reasonable and supportable forecasts. The Company currently is required to adopt the new standard in the first quarter of 2021. The Company is currently evaluating the impact this guidance will have on the consolidated financial statements.

FINTECH MERGER AND STELLA POINT ACQUISITION

9 Months Ended

Sep. 30, 2018

FINTECH MERGER AND STELLA POINT ACQUISITION [Abstract]

FINTECH MERGER AND STELLA POINT ACQUISITION

NOTE 2 – FINTECH MERGER AND STELLA POINT ACQUISITION

FinTech Merger

As discussed in Note 1, on July 26, 2018, Intermex and FinTech consummated the Merger, which has been accounted for as a reverse recapitalization. Immediately prior to the Merger, FinTech’s shareholders exercised their right to redeem certain of their outstanding shares for cash, resulting in the redemption of 4,938,232 shares of FinTech for gross redemption payments of $49,808,935. Subsequent to this redemption, there were 18,955,101 outstanding shares. The aggregate consideration paid in the Merger by FinTech to the Intermex shareholders consisted of approximately (i) $102.0 million in cash and (ii) 17.2 million shares of FinTech common stock. In accounting for the reverse recapitalization, the net cash proceeds received from FinTech amounted to $4,626 as shown in the table below:

Cash balance available to Intermex prior to the consummation of the Merger	$	110,726,342
Less:
Intermex Merger costs paid from acquisition proceeds at closing		(9,062,769	)
Cash consideration to Intermex shareholders		(101,658,947	)
Net cash proceeds from reverse recapitalization	$	4,626

Cash balance available to Intermex prior to the consummation of the Merger	$	110,726,342
Less:
Cash consideration to Intermex shareholders		(101,658,947	)
Other FinTech assets acquired and liabilities assumed in the Merger:
Prepaid expenses		76,478
Accrued liabilities		(180,352	)
Net equity infusion from FinTech	$	8,963,521

Cash consideration to Intermex shareholders includes the payout of all vested Incentive Units issued to employees of the Company as discussed in Note 8.

After the completion of the Merger on July 26, 2018, there were 36,182,783 shares of International Money Express, Inc. common stock outstanding, warrants to purchase 8,959,999 shares of common stock and 3,371,389 shares reserved for issuance under the International Money Express, Inc. 2018 Omnibus Equity Compensation Plan (See Note 8).

Acquisition by Stella Point

On February 1, 2016, Intermex and its majority owner at the time, Lindsay Goldberg LLC, entered into an agreement with Stella Point, acquirer, for the sale of Intermex. This acquisition was accounted for as a business combination and became effective on February 1, 2017 for a transaction price of $52,000,000 in cash, plus $12,410,000 of rollover equity from certain existing management holders, the assumption of approximately $78,000,000 of Intermex’s outstanding debt and an additional funding of $5,000,000 of Intermex debt. There was no contingent consideration in the transaction. As a result, Stella Point acquired 80.7% of the voting equity interest in Intermex and other minority stockholders acquired the remaining interest, none individually greater than 10%. The purchase price in excess of the fair value of acquired assets was accounted for as goodwill, as discussed further below.

Net Assets Acquired

The acquisition method for a business combination requires that the assets acquired and liabilities assumed be recognized at their allocated fair values as of the February 1, 2017 acquisition date, which is summarized below:

	Successor Company

Cash	$	43,064,931
Accounts receivables		24,031,575
Prepaid and other current assets		3,712,848
Property and equipment		6,328,146
Other assets		1,345,562
Total tangible assets acquired		78,483,062
Intangible assets acquired		62,660,000
Deferred tax asset, net		2,118,801
Less: Liabilities assumed		(115,111,529	)
Net assets		28,150,334

Goodwill		36,259,666
Total purchase price	$	64,410,000

The intangible assets acquired consist primarily of a trade name, agent relationships and developed technology. The excess of the purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill, which is attributable to the workforce and reputation of Intermex. The accounting for this business combination has been completed, therefore the measurement period is closed. Goodwill was not deductible for income tax purposes.

Transaction Costs

Direct costs related to the Merger and Stella Point acquisition were expensed as incurred and included as “transaction costs” in the condensed consolidated statements of operations and comprehensive loss. Transaction costs in the condensed consolidated statements of operations and comprehensive loss for the three and nine months ended September 30, 2018 amounted to $6,304,972 and $10,319,283, respectively, and related specifically to the Merger, while expenses of $6,212,602 for the Successor period from February 1, 2017 through September 30, 2017 and $3,917,188 for the Predecessor period from January 1, 2017 through January 31, 2017 relate to the Stella Point acquisition. Transaction costs include all internal and external costs directly related to the Merger and Stella Point acquisition, consisting primarily of legal, consulting, accounting, advisory and financing fees and certain incentive bonuses directly related to the Merger and Stella Point acquisition.

GOODWILL AND OTHER INTANGIBLE ASSETS

9 Months Ended

Sep. 30, 2018

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

NOTE 3 – GOODWILL AND OTHER INTANGIBLE ASSETS

Goodwill and the majority of the other intangible assets on the condensed consolidated balance sheets of the Company were recognized upon the acquisition by Stella Point (see Note 2). Agent relationships, trade name and developed technology are all amortized over 15 years using an accelerated method that correlates with the projected realization of the benefit. Other intangibles primarily relate to the acquisition of certain agent locations, which are amortized straight line over 10 years. The determination of our other intangible fair values includes several assumptions that are subject to various risks and uncertainties. Management believes it has made reasonable estimates and judgments concerning these risks and uncertainties. A change in the conditions, circumstances or strategy of the Company may result in a need to recognize an impairment charge.

The following table presents the changes in goodwill and other intangible assets:

	Successor Company
	Goodwill		Other Intangibles
Balance at December 31, 2017	$	36,259,666	$	48,741,032
Amortization expense		-		(9,351,263	)
Balance at September 30, 2018	$	36,259,666	$	39,389,769

ACCRUED AND OTHER LIABILITIES

9 Months Ended

Sep. 30, 2018

ACCRUED AND OTHER LIABILITIES [Abstract]

ACCRUED AND OTHER LIABILITIES

NOTE 4 – ACCRUED AND OTHER LIABILITIES

Accrued and other liabilities consisted of the following:

	Successor Company
	September 30, 2018		December 31, 2017

Payables to agents	$	8,302,004	$	6,875,416
Accrued compensation		1,542,822		1,092,460
Accrued bank charges		884,069		897,404
Accrued loyalty program rebates		840,039		164,581
Accrued audit and accounting fees		603,322		233,592
Accrued legal fees		680,000		1,644,470
Accrued taxes		694,871		318,792
Other		470,934		287,734
	$	14,018,061	$	11,514,449

DEBT

9 Months Ended

Sep. 30, 2018

DEBT [Abstract]

DEBT

NOTE 5 – DEBT

Debt consisted of the following:

	Successor Company
	September 30, 2018			December 31, 2017


Revolving credit facility	$	20,000,000		$	20,000,000
Term loan		92,150,000			95,787,500
		112,150,000			115,787,500
Less: Current portion of long term debt ⁽¹⁾		(4,078,627	)		(3,913,436	)
Less: Debt origination costs		(3,647,871	)		(4,347,602	)
	$	104,423,502		$	107,526,462

⁽¹⁾	Current portion of long-term debt is net of debt origination costs of $771,373 at September 30, 2018 and $936,564 at December 31, 2017.

On August 23, 2017, Intermex entered into a Financing Agreement (the “Financing Agreement”) with MC Credit Partners to refinance its debt. The Financing Agreement includes a revolving credit facility that provides for funding of up to $20 million in the aggregate and a term loan in an aggregate principal amount of $97 million (together the “Senior Secured Credit Facility”). Interest on the term loan and revolving credit facility is determined by reference to either LIBOR or a “base rate”, in each case plus an applicable margin of 9% per annum for LIBOR loans or 8% per annum for base rate loans. The principal amount of the term loan must be repaid in consecutive quarterly installments on the last business day of each March, June, September and December commencing in December 2017. The Company must repay an amount equal to 1.25% of the original amount borrowed for each quarterly payment from December 31, 2017 through September 30, 2019 and 2.50% of the original amount borrowed for each quarterly payment from December 31, 2019 and thereafter.

On December 19, 2017, the Financing Agreement was amended to allow for the change of control of Intermex pursuant to the Merger. Upon closing of the Merger, the Company was required to pay $1.5 million in fees to MC Credit Partners, which were expensed as transaction costs in the condensed consolidated statements of operations and comprehensive loss for the three and nine months ended September 30, 2018 and funded by the proceeds received in the Merger.

On November 7, 2018, the Company entered into a new financing agreement (the “Credit Agreement”) with, among others, certain of its domestic subsidiaries as borrowers, certain other domestic subsidiaries and a group of banking institutions. The Credit Agreement provides for a $35 million revolving credit facility, a $90 million term loan facility and an up to $30 million incremental facility. The Credit Agreement also provides for the issuance of letters of credit, which would reduce availability under the revolving credit facility. The proceeds of the loans were used to repay existing indebtedness, for working capital purposes and to pay fees and expenses in connection with the transaction. The maturity date of the Credit Agreement is November 7, 2023.

Interest on the term loan facility and revolving credit facility is determined by reference to either LIBOR or a “base rate”, in each case plus an applicable margin of 4.50% per annum for LIBOR loans or 3.50% per annum for base rate loans. The Company is also required to pay a fee on the unused portion of the revolving credit facility equal to 0.35% per annum.

The principal amount of the term loan facility must be repaid in consecutive quarterly installments of 5% in year 1, 7.5% in years 2 and 3, 10% in years 4 and 5, in each case on the last day of each quarter, commencing in March 2019 with a final payment at maturity. The loans under the Credit Agreement may be prepaid at any time without payment or penalty.

The obligations under the Credit Agreement are guaranteed by the Company and certain domestic subsidiaries of the Company and secured by liens substantially all of the assets of the loan parties, subject to certain exclusions and limitations.

Upon execution of the Credit Agreement, the Company incurred a prepayment penalty of approximately $2.0 million, which will be recognized as interest expense in the fourth quarter 2018 in the condensed consolidated statements of operations and comprehensive loss. In addition, the Company wrote off approximately $3.7 million of debt origination costs related to the Senior Secured Credit Facility as interest expense during the fourth quarter of 2018.

FAIR VALUE MEASUREMENTS	9 Months Ended
FAIR VALUE MEASUREMENTS	Sep. 30, 2018
FAIR VALUE MEASUREMENTS [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 6 - FAIR VALUE MEASUREMENTS Fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, a three- level fair value hierarchy that prioritizes the inputs used to measure fair value was established. There are three levels of inputs used to measure fair value. Level 1 relates to quoted market prices for identical assets or liabilities. Level 2 relates to observable inputs other than quoted prices included in Level 1. Level 3 relates to unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The Company’s non-financial assets measured at fair value on a nonrecurring basis include the goodwill and other intangibles derived on February 1, 2017 as a result of the Stella Point acquisition as disclosed in Note 2 and more fully disclosed in detail in Note 4 of the Audited Financial Statements. The Company’s cash is representative of fair value as these balances are comprised of deposits available on demand. Accounts receivable, prepaid wires, accounts payable and wire transfers and money orders payable are representative of their fair values because of the short turnover of these items. The Company’s financial instruments that are not measured at fair value on a recurring basis include its revolving credit facility and term loan. The estimated fair value of the term loan approximates book value as the debt bears a market interest rate that adjusts periodically. The estimated fair value of the revolving credit facility would approximate face value given the payment schedule and variable interest rate structure.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

RELATED PARTY TRANSACTIONS	9 Months Ended
RELATED PARTY TRANSACTIONS	Sep. 30, 2018
RELATED PARTY TRANSACTIONS [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 7 - RELATED PARTY TRANSACTIONS During the Successor periods prior to the Merger, Intermex paid a monthly management fee of $65,000, plus reimbursement of expenses, to a related party for management services, which is included in other selling, general and administrative expenses on the Company’s condensed consolidated statements of operations and comprehensive loss. During the Predecessor period from January 1, 2017 to January 31, 2017, all management fees were waived. There were no amounts payable to or receivable from related parties included in the condensed consolidated balance sheets at September 30, 2018 and December 30, 2017. Upon closing of the Merger on July 26, 2018 (See Note 2), the management fee agreement with the related party was terminated, and a one-time termination fee of $1.6 million was included as part of transaction costs in the condensed consolidated statements of operations and comprehensive loss for the three and nine months ended September 30, 2018.

STOCKHOLDER'S EQUITY AND SHARE-BASED COMPENSATION

9 Months Ended

Sep. 30, 2018

STOCKHOLDER'S EQUITY AND SHARE-BASED COMPENSATION [Abstract]

STOCKHOLDER'S EQUITY AND SHARE-BASED COMPENSATION

NOTE 8 – STOCKHOLDERS’ EQUITY AND SHARE-BASED COMPENSATION

After the completion of the Merger on the Closing Date, there were 36,182,783 shares of International Money Express, Inc. common stock outstanding and outstanding warrants to purchase 8,959,999 shares of common stock. As of the Closing Date, the former stockholders of Intermex owned approximately 48.3% and the former stockholders of FinTech owned approximately 51.7% of the combined company’s outstanding common stock. At September 30, 2018, the Company was authorized to issue 200,000,000 shares of common stock and had 36,182,783 shares of common stock issued and outstanding at $0.0001 par value per common share.

Equity Warrants

Prior to the Merger, FinTech issued 8,749,999 public warrants (“Public Warrants”) and 210,000 private placement warrants (“Placement Warrants”)(combined are referred to as the “Warrants”). The Company assumed the FinTech equity warrants upon the change of control event. As a result of the Merger, the Warrants issued by FinTech are no longer exercisable for shares of FinTech common stock but instead are exercisable for common stock of the Company. All other features of the Warrants remain unchanged. There are no cash obligations for the Company pertaining to these Warrants, and they are recognized in equity upon any exercise.

Each whole Warrant entitles the holder to purchase one share of the Company's common stock at a price of $11.50 per share. The Warrants became exercisable 30 days after the completion of the Merger and expire five years after that date, or earlier upon redemption or liquidation.

The Company may call the Public Warrants for redemption, in whole and not in part, at a price of $0.01 per warrant upon not less than 30 days prior written notice of redemption to each warrant holder if the reported last sale price of the Company’s common stock equals or exceeds $24.00 per share for any 20 trading days within a 30-trading day period ended three business days before the Company sends the notice of redemption to the warrant holders. The Company cannot call the Placement Warrants as long as they are held by the original holders or transferred to certain permitted transferees established in the Warrant Agreement.

International Money Express, Inc. 2018 Omnibus Equity Compensation Plan

In connection with the Merger, the stockholders of FinTech approved the International Money Express, Inc. 2018 Omnibus Equity Compensation Plan (the “2018 Plan”). There were 3,371,389 shares reserved for issuance under the 2018 Plan, of which stock options to purchase 2,771,719 shares of common stock and restricted stock units in respect of 21,189 shares of common stock were granted to employees and independent directors of the Company in connection with the completion of the transactions at the Closing Date.

The value of each option grant is estimated on the grant date using the Black-Scholes option pricing model. The option pricing model requires the input of highly subjective assumptions, including the grant date fair value of our common stock, expected volatility, expected forfeitures and risk-free interest rates. To determine the grant date fair value of the Company’s common stock, we use the closing market price of our common stock at the grant date. We also use an expected volatility based on the historical volatilities of a group of guideline companies and the "simplified" method for calculating the expected life of our stock options. We have elected to account for forfeitures as they occur. The risk-free interest rates are obtained from publicly available U.S. Treasury yield curve rates.

Share-based compensation is recognized as an expense on a straight-line basis over the requisite service period, which is generally the vesting period. The stock options issued under the 2018 Plan vest in four equal installments over four years. The Company recognized compensation expense for stock options of $395,250 for the three and nine months ended September 30, 2018, which is included in salaries and benefits in the condensed consolidated statements of operations and comprehensive loss. No stock options vested during the third quarter of 2018. The weighted-average grant date fair value for the stock options to purchase 2,771,719 shares of common stock granted on the Closing Date was $3.43 per share. As of September 30, 2018, there were 2,764,219 non-vested stock options and unrecognized compensation expense of approximately $9.1 million is expected to be recognized over a weighted-average period of 3.8 years.

A summary of the stock option activity during the nine months ended September 30, 2018 is presented below:

	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term


Outstanding at December 31, 2017		-			-		-
Granted		2,771,719			9.91
Exercised		-			-
Forfeited		(7,500	)		9.91
Expired		-			-
Outstanding at September 30, 2018		2,764,219			9.91		9.83

The restricted stock units issued under the 2018 Plan to the Company’s independent directors vest on the one-year anniversary from the grant date. The Company recognized compensation expense for restricted stock units of $35,000 for the three and nine months ended September 30, 2018, which is included in salaries and benefits in the condensed consolidated statements of operations and comprehensive loss. There were no forfeited or vested restricted stock units during the third quarter of 2018. As of September 30, 2018, there was $175,000 of unrecognized compensation expense for the restricted stock units. In addition to the grant of restricted stock units, each of the independent directors receives an annual cash retainer of $40,000 for services as a director.

Incentive Units

Interwire LLC, the former parent company of Intermex, issued Class B, C and D incentive units to employees of the Company (collectively “incentive units”). As these units were issued as compensation to the Company’s employees, the expense was recorded by the Company. In connection with the Merger, on the closing date, all unvested incentive units for Class B, C and D became fully vested and were immediately recognized as share-based compensation expense in the third quarter of 2018. Share-based compensation expense recognized related to these incentive units and included in salaries and benefits in the condensed consolidated statements of operations and comprehensive loss, amounted to $4,022,738 and $287,440 for the three months ended September 30, 2018 and 2017, respectively, $4,735,336 for the nine months ended September 30, 2018, and $1,534,655 for the Successor period from February 1, 2017 through September 30, 2017. The performance conditions related to the Class C and D units were not considered probable of being achieved prior to the Merger, and therefore, no compensation was recognized for all prior periods. Subsequent to this settlement, all incentive units ceased to exist. Share-based compensation of $2,916,324 for the Predecessor period from January 1, 2017 through January 31, 2017 primarily included the expense associated with stock options and restricted awards that vested due to the Stella acquisition.

During the Successor period from January 1, 2018 through September 30, 2018, the number of units and the weighted-average grant date fair value for the incentive units are as follows:

	Number of Class B Units			Weighted- Average Grant Date Fair Value		Number of Class C Units			Weighted- Average Grant Date Fair Value		Number of Class D Units			Weighted- Average Grant Date Fair Value
Outstanding at
December 31, 2017		7,472,000		$	0.4879		4,670,000		$	0.2080		4,670,000		$	0.1489
Granted		410,000		$	0.4948		205,000		$	0.2126		205,000		$	0.1535
Vested		(7,882,000	)	$	0.4883		(4,875,000	)	$	0.2082		(4,875,000	)	$	0.1491
September 30, 2018		-					-					-

LOSS PER SHARE

9 Months Ended

Sep. 30, 2018

LOSS PER SHARE [Abstract]

LOSS PER SHARE

NOTE 9 – LOSS PER SHARE

Basic (income) loss per share is calculated by dividing net income (loss) for period by the weighted average number of common shares outstanding for the period. In computing dilutive income (loss) per share, basic income (loss) per share is adjusted for the assumed issuance of all applicable potentially dilutive share-based awards, including common stock options, restricted stock and warrants.

Below are basic and diluted net loss per share for the periods indicated:

	Successor Company
							Nine Months Ended September 30, 2018			Period from February 1, 2017 to September 30, 2017
	Three Months Ended September 30,
	Three Months Ended September 30,
	2018			2017
	(Unaudited)
Net loss for basic and diluted loss per common shares		(13,412,996	)		(573,681	)		(12,108,413	)		(7,061,465	)

Shares:
Weighted-average common shares outstanding – basic and diluted		30,975,338			17,227,682			21,827,082			17,227,682

Net loss per common share - basic and diluted	$	(0.43	)	$	(0.03	)	$	(0.55	)	$	(0.41	)

The computation of diluted loss per share above excludes the effect of 1,587 and 531 restricted stock units for the three month and nine-month periods ending September 30, 2018, respectively, because the inclusion of these would be anti-dilutive.

INCOME TAXES

9 Months Ended

Sep. 30, 2018

INCOME TAXES [Abstract]

INCOME TAXES

NOTE 10 - INCOME TAXES

A reconciliation between the income tax provision (benefit) at the US statutory tax rate and the Company’s income tax provision (benefit) on the condensed consolidated statements of operations and comprehensive loss is below:

	Successor Company												Predecessor Company
	Successor Company												Predecessor Company
	Three Months Ended September 30,						Nine Months Ended September 30, 2018			Period from February 1, 2017 to September 30, 2017			Period from January 1, 2017 to January 31, 2017


	2018			2017
	(Unaudited)

Loss before income taxes	$	(5,843,822	)	$	(765,408	)	$	(3,922,867	)	$	(6,008,986	)	$	(5,521,794	)
US statutory tax rate		21	%		34	%		21	%		34	%		34	%
Income tax expense (benefit) at statutory rate		(1,227,203	)		(260,239	)		(823,802	)		(2,043,055	)		(1,877,410	)

State tax expense (benefit), net of federal		1,354,628			(19,203	)		1,470,870			(10,628	)		(278,657	)
Foreign tax rates different from US statutory rate		113,891			3,155			147,154			93,158			(45,631	)
Non-deductible expenses		7,411,475			153,319			7,483,530			3,081,763			409
Change in tax rate		-			(51,994	)		-			(51,994	)		-
Credits		(86,275	)		-			(94,864	)		-			-
Other		2,658			(16,765	)		2,658			(16,765	)		(2,084	)
Total tax provision (benefit)	$	7,569,174		$	(191,727	)	$	8,185,546		$	1,052,479		$	(2,203,373	)

Effective income tax rates for interim periods are based upon our current estimated annual rate. The Company’s effective income tax rate varies based upon an estimate of taxable earnings as well as on the mix of taxable earnings in the various states and countries in which we operate. Changes in the annual allocation and apportionment of the Company’s activity among these jurisdictions results in changes to the effective rate utilized to measure the Company’s deferred tax assets and liabilities.

As presented in the income tax reconciliation above, the tax provision (benefit) recognized on the condensed consolidated statements of operations and comprehensive loss was impacted by state taxes, non-deductible expenses such as share-based compensation expense, transaction costs and foreign tax rates applicable to the Company’s foreign subsidiaries that are higher or lower than the U.S. statutory rate.

On December 22, 2017, the U.S. enacted tax reform legislation known as H.R. 1, commonly referred to as the “Tax Cuts and Jobs Act” (the “Act”), resulting in significant modifications to existing law. Due to the timing of the Act and the complexity involved in applying the provisions of the Act, the Company made a reasonable estimate of the effects and recorded provisional amounts in the fourth quarter of 2017, which primarily included the impact of the remeasurement of the Company’s deferred tax balances to reflect the change in the corporate tax rate. As a result of the changes to tax laws and tax rates under the Act, the Company reduced its deferred tax asset as of December 31, 2017 by $656,000.

As the Company collects and prepares necessary data and interprets the Act and any additional guidance issued by the U.S. Treasury Department, the IRS, and other standard-setting bodies, the Company may make adjustments to the provisional amounts recorded in December 2017. Those adjustments may materially impact the provision for income taxes and effective tax rate in the period in which the adjustments are made. During the nine months ended September 30, 2018, there were no such adjustments made to the provisional amounts recorded in December 2017.

As of September 30, 2018, the Company did not have any amounts accrued for interest and penalties or recorded for uncertain tax positions.

COMMITMENTS AND CONTINGENCIES

9 Months Ended

Sep. 30, 2018

COMMITMENTS AND CONTINGENCIES [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 11 - COMMITMENTS AND CONTINGENCIES

Leases

The Company is a party to leases for office space and branch locations, several of which are on a month-to-month basis. Rent expense under all operating leases, included in other selling, general and administrative expenses in the condensed consolidated statements of operations and comprehensive loss, amounted to $491,212 and $440,511 for the three months ended September 30, 2018 and 2017, respectively, $1,418,350 for the nine months ended September 30, 2018, $1,155,440 for the Successor period from February 1, 2017 through September 30, 2017, and $135,636 for the Predecessor period from January 1, 2017 through January 31, 2017.

In April 2018, the Company renegotiated its corporate lease to extend the term through November 2025. At September 30, 2018 future minimum rental payments required under operating leases for the remainder of 2018 and thereafter are as follows for the Company:

2018	$	378,224
2019		1,263,467
2020		981,139
2021		846,364
2022		738,385
2023		753,692
Thereafter		1,438,239
	$	6,399,510

Litigation

The Company is subject to legal proceedings and claims that have arisen in the ordinary course of its business and have not been finally adjudicated. Although there can be no assurance as to the ultimate disposition of these matters, it is the opinion of the Company’s management, based upon the information available at this time, that the expected outcome of these matters, both individually or in the aggregate, will not have a material adverse effect on either the results of operations or financial condition of the Company.

Contingencies

The Company operates in 50 U.S. states and two territories. Money transmitters and their agents are under regulation by State and Federal laws. Violations may result in civil or criminal penalties or a prohibition from providing money transfer services in a particular jurisdiction. It is the opinion of the Company’s management, based on information available at this time, that the expected outcome of regulatory matters will not have a material adverse effect on either the results of operations or financial condition of the Company.

On August 28, 2018, the Company received a notice from the Staff of the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") indicating that, based upon the Company's non-compliance with the minimum number of round lot holders for the listing of its common stock and warrants on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rules 5550(a)(3) and 5515(a)(4), respectively, the Company's common stock and warrants may be subject to delisting from Nasdaq unless the Company timely requests a hearing before a Nasdaq Hearings Panel (the "Panel").

On October 29, 2018, the Company received a notice from Nasdaq (the “Nasdaq Notice”) informing the Company that it has met the listing requirements with respect to its common stock and that the Company’s common stock will continue to be listed and trade on The Nasdaq Capital Market under the symbol “IMXI.” Additionally, the Nasdaq Notice informed the Company that it had not demonstrated compliance with the warrant listing requirements. The Company has withdrawn its request for a hearing before the Panel with respect to the warrant listing requirements. Accordingly, the Nasdaq Notice informed the Company that the Panel had determined to delist the Company’s warrants and suspend the trading of the warrants from The Nasdaq Capital Market effective as of the open of business on October 31, 2018.

SUBSEQUENT EVENTS	9 Months Ended
SUBSEQUENT EVENTS	Sep. 30, 2018
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	NOTE 12 – SUBSEQUENT EVENTS The Company evaluates subsequent events and transactions that occur after the balance sheet date up to the date the condensed consolidated financial statements were issued. Except for the matters discussed in Notes 5 and 11, there were no other subsequent events that would have required adjustment or disclosure in the condensed consolidated financial statements.

BUSINESS AND ACCOUNTING POLICIES (Policies)	9 Months Ended
BUSINESS AND ACCOUNTING POLICIES (Policies)	Sep. 30, 2018
BUSINESS AND ACCOUNTING POLICIES [Abstract]
Accounting Pronouncements	Accounting Pronouncements The Financial Accounting Standards Board (“FASB”) issued amended guidance, Restricted Cash, which requires restricted cash to be presented with cash and cash equivalents in the condensed consolidated statements of cash flows. The Company adopted this guidance in the first quarter of 2018 using a retrospective transition method for each period presented. Cash and restricted cash included $639,662 of restricted cash for all beginning and ending periods presented in the condensed consolidated statements of cash flows, which is included in other prepaid expenses and current assets, and other assets in the Company’s condensed consolidated balance sheets at September 30, 2018 and December 31, 2017, respectively. The restricted cash was deposited with a U.S. bank as cash collateral for an irrevocable stand-by letter of credit issued as collateral for the operating lease of the Company’s headquarters. This lease was renegotiated in April 2018, and accordingly, the letter of credit is no longer required; the Company expects to collect these funds in the fourth quarter of 2018. The FASB issued guidance, Improvements to Employee Share-Based Payment Accounting, which simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The Company adopted this guidance in the first quarter of 2018 and the impact of this adoption did not have a material impact on the Company’s condensed consolidated financial statements. The FASB issued guidance, Revenue from Contracts with Customers, which amended the existing accounting standards for revenue recognition. The new guidance establishes principles for recognizing revenue upon the transfer of promised goods or services to customers, in an amount that reflects the expected consideration received in exchange for those goods or services. This guidance is required to be adopted by the Company in the first quarter of 2019 and can be applied using either a retrospective or a modified retrospective approach. Based on our assessment of the new standard, we have determined the vast majority of our revenues include only one performance obligation, which is to collect the consumer's money and make funds available for payment, generally on the same day, to a designated recipient in the currency requested. Accordingly, management believes this standard will not have a material impact on the Company’s financial statements and expects to adopt this standard using the modified retrospective approach, with the cumulative effect of adoption, if any, included in accumulated deficit as of January 1, 2019. However, management is continuing to assess the requirements of the new revenue guidance, including enhanced disclosures and reporting requirements. The FASB issued amended guidance, Business Combinations - Clarifying the Definition of a Business, which assists entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. This guidance is required to be adopted by the Company in the first quarter of 2019 on a prospective basis, and the Company does not believe it will have a material impact on the consolidated financial statements. The FASB issued guidance, Leases, to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet for those leases classified as operating leases under previous U.S. GAAP. The guidance requires that a lessee recognize a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term on the balance sheet. This guidance is required to be adopted by the Company in the first quarter of 2020 and must be applied using a modified retrospective approach. The Company is currently evaluating the impact this guidance will have on the consolidated financial statements. The FASB issued amended guidance, Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments, which clarifies how certain cash receipts and cash payments are presented and classified in the consolidated statements of cash flows. The amendments are aimed at reducing the existing diversity in practice. This guidance is required to be adopted by the Company in the first quarter of 2019 and must be applied using a retrospective approach for each period presented. The adoption of this guidance is not expected to have a material impact on the consolidated financial statements. The FASB issued amended guidance, Intangibles – Goodwill and other (Topic 350): Simplifying the Test for Goodwill Impairment. The amended standard simplifies how an entity tests goodwill by eliminating Step 2 of the goodwill impairment test related to measuring an impairment charge. Instead, impairment will be recorded for the amount that the carrying amount of a reporting unit exceeds its fair value. This new guidance is effective for the Company beginning in in the first quarter of 2021. The adoption of this guidance is not expected to have a material impact on the consolidated financial statements. The FASB issued guidance, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, regarding the measurement of credit losses for certain financial instruments. The new standard replaces the incurred loss model with a current expected credit loss (“CECL”) model. The CECL model is based on historical experience, adjusted for current conditions and reasonable and supportable forecasts. The Company currently is required to adopt the new standard in the first quarter of 2021. The Company is currently evaluating the impact this guidance will have on the consolidated financial statements.

FINTECH MERGER AND STELLA POINT ACQUISITION (Tables)

9 Months Ended

Sep. 30, 2018

FINTECH MERGER AND STELLA POINT ACQUISITION [Abstract]

Net Cash Proceeds Received in Reverse Recapitalization

In accounting for the reverse recapitalization, the net cash proceeds received from FinTech amounted to $4,626 as shown in the table below:

Cash balance available to Intermex prior to the consummation of the Merger	$	110,726,342
Less:
Intermex Merger costs paid from acquisition proceeds at closing		(9,062,769	)
Cash consideration to Intermex shareholders		(101,658,947	)
Net cash proceeds from reverse recapitalization	$	4,626

Cash balance available to Intermex prior to the consummation of the Merger	$	110,726,342
Less:
Cash consideration to Intermex shareholders		(101,658,947	)
Other FinTech assets acquired and liabilities assumed in the Merger:
Prepaid expenses		76,478
Accrued liabilities		(180,352	)
Net equity infusion from FinTech	$	8,963,521

Assets Acquired and Liabilities Assumed

	Successor Company

Cash	$	43,064,931
Accounts receivables		24,031,575
Prepaid and other current assets		3,712,848
Property and equipment		6,328,146
Other assets		1,345,562
Total tangible assets acquired		78,483,062
Intangible assets acquired		62,660,000
Deferred tax asset, net		2,118,801
Less: Liabilities assumed		(115,111,529	)
Net assets		28,150,334

Goodwill		36,259,666
Total purchase price	$	64,410,000

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2018

GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]

Changes in Goodwill and Other Intangible Assets

The following table presents the changes in goodwill and other intangible assets:

	Successor Company
	Goodwill		Other Intangibles
Balance at December 31, 2017	$	36,259,666	$	48,741,032
Amortization expense		-		(9,351,263	)
Balance at September 30, 2018	$	36,259,666	$	39,389,769

ACCRUED AND OTHER LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2018

ACCRUED AND OTHER LIABILITIES [Abstract]

Accrued and Other Liabilities

Accrued and other liabilities consisted of the following:

	Successor Company
	September 30, 2018		December 31, 2017

Payables to agents	$	8,302,004	$	6,875,416
Accrued compensation		1,542,822		1,092,460
Accrued bank charges		884,069		897,404
Accrued loyalty program rebates		840,039		164,581
Accrued audit and accounting fees		603,322		233,592
Accrued legal fees		680,000		1,644,470
Accrued taxes		694,871		318,792
Other		470,934		287,734
	$	14,018,061	$	11,514,449

DEBT (Tables)

9 Months Ended

Sep. 30, 2018

DEBT [Abstract]

Debt Instruments

Debt consisted of the following:

	Successor Company
	September 30, 2018			December 31, 2017


Revolving credit facility	$	20,000,000		$	20,000,000
Term loan		92,150,000			95,787,500
		112,150,000			115,787,500
Less: Current portion of long term debt ⁽¹⁾		(4,078,627	)		(3,913,436	)
Less: Debt origination costs		(3,647,871	)		(4,347,602	)
	$	104,423,502		$	107,526,462

⁽¹⁾	Current portion of long-term debt is net of debt origination costs of $771,373 at September 30, 2018 and $936,564 at December 31, 2017.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
-Topic 505
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-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
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-Section 50
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-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
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-Section 55
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Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

STOCKHOLDER'S EQUITY AND SHARE-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2018

STOCKHOLDER'S EQUITY AND SHARE-BASED COMPENSATION [Abstract]

Stock Option Activity

A summary of the stock option activity during the nine months ended September 30, 2018 is presented below:

	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term


Outstanding at December 31, 2017		-			-		-
Granted		2,771,719			9.91
Exercised		-			-
Forfeited		(7,500	)		9.91
Expired		-			-
Outstanding at September 30, 2018		2,764,219			9.91		9.83

Weighted-average Grant Date Fair Value for Incentive Units

During the Successor period from January 1, 2018 through September 30, 2018, the number of units and the weighted-average grant date fair value for the incentive units are as follows:

	Number of Class B Units			Weighted- Average Grant Date Fair Value		Number of Class C Units			Weighted- Average Grant Date Fair Value		Number of Class D Units			Weighted- Average Grant Date Fair Value
Outstanding at
December 31, 2017		7,472,000		$	0.4879		4,670,000		$	0.2080		4,670,000		$	0.1489
Granted		410,000		$	0.4948		205,000		$	0.2126		205,000		$	0.1535
Vested		(7,882,000	)	$	0.4883		(4,875,000	)	$	0.2082		(4,875,000	)	$	0.1491
September 30, 2018		-					-					-

LOSS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2018

LOSS PER SHARE [Abstract]

Basic and Diluted Net Loss per Share

Below are basic and diluted net loss per share for the periods indicated:

	Successor Company
							Nine Months Ended September 30, 2018			Period from February 1, 2017 to September 30, 2017
	Three Months Ended September 30,
	Three Months Ended September 30,
	2018			2017
	(Unaudited)
Net loss for basic and diluted loss per common shares		(13,412,996	)		(573,681	)		(12,108,413	)		(7,061,465	)

Shares:
Weighted-average common shares outstanding – basic and diluted		30,975,338			17,227,682			21,827,082			17,227,682

Net loss per common share - basic and diluted	$	(0.43	)	$	(0.03	)	$	(0.55	)	$	(0.41	)

INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2018

INCOME TAXES [Abstract]

Reconciliation of Income Tax Expense (Benefit)

	Successor Company												Predecessor Company
	Successor Company												Predecessor Company
	Three Months Ended September 30,						Nine Months Ended September 30, 2018			Period from February 1, 2017 to September 30, 2017			Period from January 1, 2017 to January 31, 2017


	2018			2017
	(Unaudited)

Loss before income taxes	$	(5,843,822	)	$	(765,408	)	$	(3,922,867	)	$	(6,008,986	)	$	(5,521,794	)
US statutory tax rate		21	%		34	%		21	%		34	%		34	%
Income tax expense (benefit) at statutory rate		(1,227,203	)		(260,239	)		(823,802	)		(2,043,055	)		(1,877,410	)

State tax expense (benefit), net of federal		1,354,628			(19,203	)		1,470,870			(10,628	)		(278,657	)
Foreign tax rates different from US statutory rate		113,891			3,155			147,154			93,158			(45,631	)
Non-deductible expenses		7,411,475			153,319			7,483,530			3,081,763			409
Change in tax rate		-			(51,994	)		-			(51,994	)		-
Credits		(86,275	)		-			(94,864	)		-			-
Other		2,658			(16,765	)		2,658			(16,765	)		(2,084	)
Total tax provision (benefit)	$	7,569,174		$	(191,727	)	$	8,185,546		$	1,052,479		$	(2,203,373	)

COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Sep. 30, 2018

COMMITMENTS AND CONTINGENCIES [Abstract]

Future Minimum Rental Payments

At September 30, 2018 future minimum rental payments required under operating leases for the remainder of 2018 and thereafter are as follows for the Company:

2018	$	378,224
2019		1,263,467
2020		981,139
2021		846,364
2022		738,385
2023		753,692
Thereafter		1,438,239
	$	6,399,510

BUSINESS AND ACCOUNTING POLICIES (Details) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Accounting Pronouncements [Abstract]
Restricted cash	$ 639,662	$ 639,662
Intermex Wire Transfers de Guatemala, S.A. [Member]
Noncontrolling Interest Items [Abstract]
Ownership percentage	99.80%
Intermex Transfers de Mexico, S.A [Member]
Noncontrolling Interest Items [Abstract]
Ownership percentage	98.00%
Intermex Wire Transfer Corp [Member]
Noncontrolling Interest Items [Abstract]
Ownership percentage	100.00%
Intermex Wire Transfer II, LLC [Member]
Noncontrolling Interest Items [Abstract]
Ownership percentage	100.00%

FINTECH MERGER AND STELLA POINT ACQUISITION, Fintech Merger (Details) - USD ($)		8 Months Ended	9 Months Ended
	Jul. 26, 2018	Sep. 30, 2017	Sep. 30, 2018	Dec. 31, 2017
Reverse Recapitalization [Abstract]
Cash balance available to Intermex prior to the consummation of the Merger	$ 110,726,342		$ 37,930,164	$ 35,902,119
Cash consideration to shareholders		$ 0	(101,658,947)
Net equity infusion			$ 8,963,521
Common shares, outstanding (in shares)	36,182,783		36,182,783	17,227,682
Warrants to purchase common stock (in shares)	8,959,999
2018 Equity Compensation Plan [Member]
Reverse Recapitalization [Abstract]
Shares reserved for issuance (in shares)	3,371,389
Intermex [Member]
Reverse Recapitalization [Abstract]
Intermex Merger costs paid from acquisition proceeds at closing	$ (9,062,769)
Cash consideration to shareholders	$ (101,658,947)
FinTech [Member]
Merger [Abstract]
Redemption of shares (in shares)	4,938,232
Gross redemption payments	$ 49,808,935
Number of outstanding shares subsequent to redemption (in shares)	18,955,101
Consideration paid in equity (in shares)	17,200,000
Reverse Recapitalization [Abstract]
Net cash proceeds from reverse recapitalization	$ 4,626
Prepaid expenses	76,478
Accrued liabilities	(180,352)
Net equity infusion	$ 8,963,521

FINTECH MERGER AND STELLA POINT ACQUISITION, Stella Point Acquisition (Details) - USD ($)		1 Months Ended	3 Months Ended		5 Months Ended	8 Months Ended	9 Months Ended
	Feb. 01, 2017	Jan. 31, 2017	Sep. 30, 2018	Sep. 30, 2017	Jun. 30, 2017	Sep. 30, 2017	Sep. 30, 2018	Dec. 31, 2017
Assets Acquired and Liabilities Assumed [Abstract]
Goodwill			$ 36,259,666				$ 36,259,666	$ 36,259,666
Acquisition-Related Costs [Abstract]
Transaction cost			$ 6,304,972	$ 0		$ 6,212,602	$ 10,319,283
Stella Point [Member]
Business Combination, Consideration Transferred [Abstract]
Transaction price paid in cash	$ 52,000,000
Transaction price paid in equity	12,410,000
Outstanding debt	78,000,000
Additional debt	5,000,000
Contingent consideration	$ 0
Ownership interest acquired		80.70%
Assets Acquired and Liabilities Assumed [Abstract]
Cash		$ 43,064,931
Accounts receivables		24,031,575
Prepaid and other current assets		3,712,848
Property and equipment		6,328,146
Other assets		1,345,562
Total tangible assets acquired		78,483,062
Intangible assets acquired		62,660,000
Deferred tax asset, net		2,118,801
Less: Liabilities assumed		(115,111,529)
Net assets		28,150,334
Goodwill		36,259,666
Total purchase price		64,410,000
Acquisition-Related Costs [Abstract]
Transaction cost					$ 6,212,602
Predecessor Company [Member]
Acquisition-Related Costs [Abstract]
Transaction cost		3,917,188
Predecessor Company [Member] \| Stella Point [Member]
Acquisition-Related Costs [Abstract]
Transaction cost		$ 3,917,188

GOODWILL AND OTHER INTANGIBLE ASSETS (Details)	9 Months Ended
GOODWILL AND OTHER INTANGIBLE ASSETS (Details)	Sep. 30, 2018 USD ($)
Changes in Goodwill and Other Intangible Assets [Abstract]
Goodwill, Beginning	$ 36,259,666
Other intangible assets, Beginning	48,741,032
Other intangible assets, amortization expense	(9,351,263)
Other intangible assets, Ending	39,389,769
Goodwill, Ending	$ 36,259,666
Agent Relationships [Member]
Finite-Lived Intangible Assets [Abstract]
Intangible assets amortization period, under accelerated method	15 years
Trade Name [Member]
Finite-Lived Intangible Assets [Abstract]
Intangible assets amortization period, under accelerated method	15 years
Developed Technology [Member]
Finite-Lived Intangible Assets [Abstract]
Intangible assets amortization period, under accelerated method	15 years
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Abstract]
Intangible assets amortization period, straight line method	10 years

ACCRUED AND OTHER LIABILITIES (Details) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Accrued Liabilities and Other Liabilities [Abstract]
Payables to agents	$ 8,302,004	$ 6,875,416
Accrued compensation	1,542,822	1,092,460
Accrued bank charges	884,069	897,404
Accrued loyalty program rebates	840,039	164,581
Accrued audit and accounting fees	603,322	233,592
Accrued legal fees	680,000	1,644,470
Accrued taxes	694,871	318,792
Other	470,934	287,734
Accrued and other liabilities	$ 14,018,061	$ 11,514,449

DEBT (Details) - USD ($)

3 Months Ended

8 Months Ended

9 Months Ended

Nov. 07, 2018

Aug. 23, 2017

Sep. 30, 2018

Sep. 30, 2017

Sep. 30, 2018

Dec. 31, 2017

Debt Instruments [Abstract]

Long-term debt, gross

$ 112,150,000

$ 115,787,500

Less: Current portion of long term debt

^[1]

(4,078,627)

(3,913,436)

Less: Debt origination costs

(3,647,871)

(4,347,602)

Long-term debt, noncurrent

104,423,502

107,526,462

Debt origination costs, current

771,373

936,564

Transaction costs

6,304,972

$ 0

$ 6,212,602

10,319,283

Term Loan [Member]

Debt Instruments [Abstract]

Long-term debt, gross

92,150,000

95,787,500

Revolving Credit Facility [Member]

Debt Instruments [Abstract]

Long-term debt, gross

20,000,000

$ 20,000,000

Senior Secured Credit Facility [Member]

Debt Instruments [Abstract]

Transaction costs

$ 1,500,000

Wrote off of debt origination costs

$ 3,700,000

Senior Secured Credit Facility [Member] | LIBOR [Member]

Debt Instruments [Abstract]

Interest rate

9.00%

Senior Secured Credit Facility [Member] | Base Rate [Member]

Debt Instruments [Abstract]

Interest rate

8.00%

Senior Secured Credit Facility [Member] | Term Loan [Member]

Debt Instruments [Abstract]

Aggregate principal amount

$ 97,000,000

Frequency of principal payment

Quarterly

Senior Secured Credit Facility [Member] | Term Loan [Member] | December 31, 2017 through September 30, 2019 [Member]

Debt Instruments [Abstract]

Periodic repayment percentage

1.25%

Senior Secured Credit Facility [Member] | Term Loan [Member] | December 31, 2019 and thereafter [Member]

Debt Instruments [Abstract]

Periodic repayment percentage

2.50%

Senior Secured Credit Facility [Member] | Revolving Credit Facility [Member]

Debt Instruments [Abstract]

Maximum borrowing capacity

$ 20,000,000

Credit Agreement [Member]

Debt Instruments [Abstract]

Maturity date

Nov. 07, 2023

Unused line fee percentage

0.35%

Prepayment penalty amount

$ 2,000,000

Credit Agreement [Member] | LIBOR [Member]

Debt Instruments [Abstract]

Interest rate

4.50%

Credit Agreement [Member] | Base Rate [Member]

Debt Instruments [Abstract]

Interest rate

3.50%

Credit Agreement [Member] | Term Loan [Member]

Debt Instruments [Abstract]

Aggregate principal amount

$ 90,000,000

Frequency of principal payment

Quarterly

Credit Agreement [Member] | Term Loan [Member] | Year 1 [Member]

Debt Instruments [Abstract]

Periodic repayment percentage

5.00%

Credit Agreement [Member] | Term Loan [Member] | Year 2 [Member]

Debt Instruments [Abstract]

Periodic repayment percentage

7.50%

Credit Agreement [Member] | Term Loan [Member] | Year 3 [Member]

Debt Instruments [Abstract]

Periodic repayment percentage

7.50%

Credit Agreement [Member] | Term Loan [Member] | Year 4 [Member]

Debt Instruments [Abstract]

Periodic repayment percentage

10.00%

Credit Agreement [Member] | Term Loan [Member] | Year 5 [Member]

Debt Instruments [Abstract]

Periodic repayment percentage

10.00%

Credit Agreement [Member] | Revolving Credit Facility [Member]

Debt Instruments [Abstract]

Maximum borrowing capacity

$ 35,000,000

Credit Agreement [Member] | Incremental Facility [Member]

Debt Instruments [Abstract]

Maximum borrowing capacity

$ 30,000,000

[1]	Current portion of long-term debt is net of debt origination costs of $771,373 at September 30, 2018 and $936,564 at December 31, 2017.

RELATED PARTY TRANSACTIONS (Details) - USD ($)	3 Months Ended	9 Months Ended
RELATED PARTY TRANSACTIONS (Details) - USD ($)	Sep. 30, 2018	Sep. 30, 2018
RELATED PARTY TRANSACTIONS [Abstract]
Monthly management fees plus reimbursement expense		$ 65,000
Termination fee	$ 1,600,000	$ 1,600,000

STOCKHOLDER'S EQUITY AND SHARE-BASED COMPENSATION (Details) - $ / shares	9 Months Ended
	Sep. 30, 2018	Jul. 26, 2018	Dec. 31, 2017
Share-based Compensation Arrangement [Abstract]
Common shares, outstanding (in shares)	36,182,783	36,182,783	17,227,682
Warrants to purchase common stock (in shares)		8,959,999
Common shares, authorized (in shares)	200,000,000		200,000,000
Common shares, issued (in shares)	36,182,783		17,227,682
Common stock, par value (in dollars per share)	$ 0.0001		$ 0.0001
Number of shares of common stock called by each warrant (in shares)	1
Warrant exercise price (in dollars per share)	$ 11.50
Warrants exercisable period on completion of business combination	30 days
Warrants expiration period	5 days
Public Warrants [Member]
Share-based Compensation Arrangement [Abstract]
Warrants redemption price (in dollars per share)	$ 0.01
Stock price to redeem warrants	$ 24.00
Number of consecutive trading days to redeem warrants	20 days
Number of trading days to redemption	30 days
Number of business days before the company sends notice of redemption to warrant holders	3 days
Public Warrants [Member] \| Minimum [Member]
Share-based Compensation Arrangement [Abstract]
Written notice period for warrants redemption	30 days
Intermex [Member]
Share-based Compensation Arrangement [Abstract]
Percentage of outstanding common stock owned	48.30%
FinTech [Member]
Share-based Compensation Arrangement [Abstract]
Percentage of outstanding common stock owned	51.70%
FinTech [Member] \| Placement Warrants [Member]
Share-based Compensation Arrangement [Abstract]
Number of warrants issued (in shares)	210,000
FinTech [Member] \| Public Warrants [Member]
Share-based Compensation Arrangement [Abstract]
Number of warrants issued (in shares)	8,749,999

STOCKHOLDER'S EQUITY AND SHARE-BASED COMPENSATION, 2018 Omnibus Equity Compensation Plan (Details)		3 Months Ended		8 Months Ended	9 Months Ended
	Jul. 26, 2018 shares	Sep. 30, 2018 USD ($) $ / shares shares	Sep. 30, 2017 USD ($)	Sep. 30, 2017 USD ($)	Sep. 30, 2018 USD ($) Installments $ / shares shares
Share-based Compensation Arrangement [Abstract]
Share-based compensation expense \| $		$ 4,022,738	$ 287,440	$ 1,534,655	$ 4,735,336
2018 Equity Compensation Plan [Member]
Share-based Compensation Arrangement [Abstract]
Shares reserved for issuance (in shares)	3,371,389
2018 Equity Compensation Plan [Member] \| Stock Option [Member]
Share-based Compensation Arrangement [Abstract]
Number of equal installments for options vesting \| Installments					4
Options vesting period					4 years
Share-based compensation expense \| $		$ 395,250			$ 395,250
Options vested (in shares)		0
Granted (in dollars per share) \| $ / shares					$ 3.43
Unrecognized compensation expense \| $		$ 9,100,000			$ 9,100,000
Weighted-average non-vested period					3 years 9 months 18 days
Number of Options [Roll Forward]
Outstanding, beginning balance (in shares)					0
Granted (in shares)					2,771,719
Exercised (in shares)					0
Forfeited (in shares)					(7,500)
Expired (in shares)					0
Outstanding, ending balance (in shares)		2,764,219			2,764,219
Weighted Average Exercise Price [Roll Forward]
Outstanding, beginning balance (in dollars per share) \| $ / shares					$ 0
Granted (in dollars per share) \| $ / shares					9.91
Exercised (in dollars per share) \| $ / shares					0
Forfeited (in dollars per share) \| $ / shares					9.91
Expired (in dollars per share) \| $ / shares					0
Outstanding, beginning ending (in dollars per share) \| $ / shares		$ 9.91			$ 9.91
Weighted Average Remaining Contractual Term [Abstract]
Weighted average remaining contractual term					9 years 9 months 29 days
2018 Equity Compensation Plan [Member] \| Restricted Stock Units [Member]
Share-based Compensation Arrangement [Abstract]
Restricted stock units granted (in shares)	21,189
Options vesting period					1 year
Share-based compensation expense \| $		$ 35,000			$ 35,000
Unrecognized compensation expense \| $		$ 175,000			175,000
Restricted stock units, forfeited (in shares)		0
Restricted stock units, vested (in shares)		0
Annual cash retainer paid to directors \| $					$ 40,000

STOCKHOLDER'S EQUITY AND SHARE-BASED COMPENSATION, Incentive Units (Details) - USD ($)	1 Months Ended	3 Months Ended		8 Months Ended	9 Months Ended
	Jan. 31, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2017	Sep. 30, 2018
Share-based Compensation Arrangement [Abstract]
Share-based compensation expense		$ 4,022,738	$ 287,440	$ 1,534,655	$ 4,735,336
Predecessor Company [Member]
Share-based Compensation Arrangement [Abstract]
Share-based compensation expense	$ 2,916,324
Class B [Member]
Number of Units [Roll Forward]
Outstanding, beginning balance (in shares)					7,472,000
Granted (in shares)					410,000
Vested (in shares)					(7,882,000)
Outstanding, ending balance (in shares)		0			0
Weighted Average Grant Date Fair Value [Abstract]
Outstanding beginning balance (in dollars per share)					$ 0.4879
Granted (in dollars per share)					0.4948
Vested (in dollars per share)					$ 0.4883
Class C [Member]
Number of Units [Roll Forward]
Outstanding, beginning balance (in shares)					4,670,000
Granted (in shares)					205,000
Vested (in shares)					(4,875,000)
Outstanding, ending balance (in shares)		0			0
Weighted Average Grant Date Fair Value [Abstract]
Outstanding beginning balance (in dollars per share)					$ 0.2080
Granted (in dollars per share)					0.2126
Vested (in dollars per share)					$ 0.2082
Class D [Member]
Number of Units [Roll Forward]
Outstanding, beginning balance (in shares)					4,670,000
Granted (in shares)					205,000
Vested (in shares)					(4,875,000)
Outstanding, ending balance (in shares)		0			0
Weighted Average Grant Date Fair Value [Abstract]
Outstanding beginning balance (in dollars per share)					$ 0.1489
Granted (in dollars per share)					0.1535
Vested (in dollars per share)					$ 0.1491

LOSS PER SHARE (Details) - USD ($)	3 Months Ended		8 Months Ended	9 Months Ended
LOSS PER SHARE (Details) - USD ($)	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2017	Sep. 30, 2018
Loss Per Share, Basic and Diluted [Abstract]
Net loss for basic and diluted loss per common shares	$ (13,412,996)	$ (573,681)	$ (7,061,465)	$ (12,108,413)
Shares [Abstract]
Weighted-average common shares outstanding - basic and diluted (in shares)	30,975,338	17,227,682	17,227,682	21,827,082
Net loss per common share - basic and diluted (in dollars per share)	$ (0.43)	$ (0.03)	$ (0.41)	$ (0.55)
Restricted Stock Units [Member]
Shares [Abstract]
Securities excluded from computation of diluted loss per share (in shares)	1,587			531

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

INCOME TAXES (Details) - USD ($)	1 Months Ended	3 Months Ended		8 Months Ended	9 Months Ended
INCOME TAXES (Details) - USD ($)	Jan. 31, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2017	Sep. 30, 2018	Dec. 31, 2017
Reconciliation of Income Tax Expense (Benefit) [Abstract]
Loss before income taxes		$ (5,843,822)	$ (765,408)	$ (6,008,986)	$ (3,922,867)
US statutory tax rate		21.00%	34.00%	34.00%	21.00%
Income tax expense (benefit) at statutory rate		$ (1,227,203)	$ (260,239)	$ (2,043,055)	$ (823,802)
State tax expense (benefit), net of federal		1,354,628	(19,203)	(10,628)	1,470,870
Foreign tax rates different from US statutory rate		113,891	3,155	93,158	147,154
Non-deductible expenses		7,411,475	153,319	3,081,763	7,483,530
Change in tax rate		0	(51,994)	(51,994)	0
Credits		(86,275)	0	0	(94,864)
Other		2,658	(16,765)	(16,765)	2,658
Total tax provision (benefit)		7,569,174	$ (191,727)	$ 1,052,479	8,185,546
Decrease in deferred tax asset						$ 656,000
Accrued interest and penalties		0			0
Uncertain tax positions		$ 0			$ 0
Predecessor Company [Member]
Reconciliation of Income Tax Expense (Benefit) [Abstract]
Loss before income taxes	$ (5,521,794)
US statutory tax rate	34.00%
Income tax expense (benefit) at statutory rate	$ (1,877,410)
State tax expense (benefit), net of federal	(278,657)
Foreign tax rates different from US statutory rate	(45,631)
Non-deductible expenses	409
Change in tax rate	0
Credits	0
Other	(2,084)
Total tax provision (benefit)	$ (2,203,373)

COMMITMENTS AND CONTINGENCIES (Details)	1 Months Ended	3 Months Ended		8 Months Ended	9 Months Ended
COMMITMENTS AND CONTINGENCIES (Details)	Jan. 31, 2017 USD ($)	Sep. 30, 2018 USD ($) State Territory	Sep. 30, 2017 USD ($)	Sep. 30, 2017 USD ($)	Sep. 30, 2018 USD ($) State Territory
Leases [Abstract]
Rent expense		$ 491,212	$ 440,511	$ 1,155,440	$ 1,418,350
Future Minimum Rental Payments [Abstract]
2018		378,224			378,224
2019		1,263,467			1,263,467
2020		981,139			981,139
2021		846,364			846,364
2022		738,385			738,385
2023		753,692			753,692
Thereafter		1,438,239			1,438,239
Total		$ 6,399,510			$ 6,399,510
Contingencies [Abstract]
Number of states in which entity operates \| State		50			50
Number of territories in which entity operates \| Territory		2			2
Predecessor Company [Member]
Leases [Abstract]
Rent expense	$ 135,636