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Payments
MoneyGram Taps dLocal to Roll Out Cross-Border Payments in APAC and EMEA
2024-09-19T15:00:00.000+02:00
The collaboration targets UN goals by reducing remittance fees to below 3%.
In early 2024, the global average cost for cross-border payments stood at 6.35%.
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Executives
MoneyGram Welcomes Josh Gordon-Blake as Chief Digital Officer
2024-08-26T18:21:13.665+02:00
Gordon-Blake will report directly to MoneyGram's Chairman and CEO, Alex Holmes, and join the executive leadership team.
He co-founded Pangea, a digital money transfer platform, where he was the Chief Operating Officer.
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Payments
MoneyGram Introduces Cardless Payments with Trustly across Europe
2024-03-20T19:59:50.803+02:00
The integration enables users of MGO to make payments directly from their bank accounts.
Trustly's data engine Azura offers contemporary bank payment infrastructure.
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CryptoCurrency
MoneyGram’s Foray into the Digital Frontier: Unveils Non-custodial Wallet
2023-09-26T19:11:34.156+02:00
The digital wallet will enable users to cash out digital assets and send money globally.
MoneyGram's wallet is based on its fiat on and off-ramp services.
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Trending
Strengths and Weaknesses of MoneyGram
2023-08-29T12:42:07.689+02:00
MoneyGram is quickly adapting to the new financial landscape.
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Trending
How MoneyGram is Adapting to the World of Fintech
2023-08-25T18:19:08.096+02:00
Get to know Moneygram's collaborations and innovations.
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CryptoCurrency
MoneyGram Embracing Blockchain Technology
2023-08-24T14:23:17.218+02:00
Stellar x Moneygram: a pivotal moment in the realm of cross-border payments?
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Payments
Madison Dearborn Completes MoneyGram Takeover
2023-06-01T21:53:44.955+02:00
MDP acquired the payments firm for $11 per share.
MoneyGram was affected by stiff competition and huge debts.
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FinTech
US Pays $115M to 40K Victims of Fraud Scheme Processed by MoneyGram
2023-02-11T00:42:21.565+02:00
MoneyGram paid $125 million in 2018 for the refund.
The American money transfer company entered a DPA with the Justice Department in 2012.
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CryptoCurrency
MoneyGram Allows Traders to Buy and Sell Cryptos via Own App
2022-11-02T12:58:22.624+02:00
The move was possible due to the extended partnership with Coinme.
MoneyGram currently offers three cryptos, with the option to expand in the future.
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Damian Chmiel
News
MoneyGram Collaborates with Mobily Pay
2022-06-04T12:09:52.755+02:00
The partnership will enable the launch of MoneyGram’s global money transfer capabilities on Mobily Pay.
The collaboration is expected to be live for consumers later in 2022.
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News
MoneyGram’s Digital Revenue Reaches Record High in Q1 2022
2022-05-07T18:53:39.223+02:00
Gross profit for the latest quarter came in at $146.2 million.
Diluted earnings per share reached $0.05.
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FinTech
Madison Dearborn Partners to Acquire MoneyGram in a $1.8 Billion Deal
2022-02-16T08:59:25.003+02:00
After the acquisition, MoneyGram will become a private firm
MoneyGram said that the acquisition will enable it to accelerate growth and expansion
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FinTech
MoneyGram Acquires Minority Stake in Crypto ATM Operator Coinme
2022-01-06T03:16:53.525+02:00
MoneyGram completed a strategic investment in Coinme.
The investment gives MoneyGram a 4% stake in Coinme.
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News
MoneyGram Announces New Pilot with the Stellar Development Foundation
2021-11-18T01:01:47.000+02:00
Settlements are almost instant as users could arrange payments with Stellar's USDC.
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Felipe Erazo
News
MoneyGram Partners with Stellar to Enable Money Transfers Using USDC
2021-10-08T00:01:46.000+02:00
United Texas Bank will act as a settlement bank between MoneyGram and Circle as part of the deal.
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News
MoneyGram to Enable Cash Transactions for Bitcoin across the US
2021-05-12T18:43:18.000+02:00
The company has plans to take this service globally in the second half of 2021.
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Coins
XRP Holds Gains as MoneyGram Officially Cut Ties with Ripple
2021-03-09T01:02:55.000+02:00
Nasdaq-listed MoneyGram has already suspended using Ripple’s under-fire XRP token in forex settlements.
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News
Investor Sues MoneyGram for Falsely Representing XRP
2021-03-02T10:25:45.000+02:00
Ripple agreed to invest $50 million in MoneyGram as the two companies have signed a partnership agreement until 2023.
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News
MoneyGram Announces Suspension of Trading on Ripple’s Network
2021-02-23T14:49:11.000+02:00
The company announced the suspension of on-demand liquidity activities due to the SEC’s lawsuit against Ripple.
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News
MoneyGram Distances Itself from Ripple Following SEC Lawsuit
2020-12-24T09:13:47.000+02:00
The remittance company is using Ripple’s ODL for the exchange of four currencies.
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News
Ripple Exits from 33% of Its MoneyGram Investment
2020-11-30T14:12:04.000+02:00
The company will sell around 4 million MoneyGram shares by March 31, 2021.
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Payments
MoneyGram Deepens African Presence with Airtel Partnership
2020-08-21T14:50:33.000+02:00
The company will facilitate international transfers for 19 million Airtel Money customers.
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News
MoneyGram Enters Saudi Arabia with Local Bank Partnership
2020-06-05T09:09:25.000+02:00
The country is the second-largest outbound remittance market.
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News
Western Union Offers MoneyGram a Takeover Deal
2020-06-02T10:30:34.000+02:00
Reports of the deal have resulted in a stock price surge of both the companies.
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See more
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