Moneygram International - News, Articles & Research

Company announcement/payments

MoneyGram and Tencent partner on remittances to Weixin Pay wallet users across China

MoneyGram International, Inc., ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, today announced a new partnership with Tencent Financial Technology, the fintech division of Tencent.

05 April 2024

Company announcement/payments

MoneyGram teams up with Saudi fintech barraq

MoneyGram International, Inc. (“MoneyGram” or the “Company”), a leading global financial technology company that connects the world’s communities, today announced a strategic partnership with innovative financial technology app barraq.

28 March 2024

Company announcement/people

MoneyGram adds four senior hires to leadership team

MoneyGram International, Inc. (“MoneyGram” or the “Company”), a leading global financial technology company that connects the world’s communities, is pleased to announce four strategic appointments to its senior management team, responsible for the acceleration of the Company’s global digital strategy.

08 February 2024

Company announcement/crypto

MoneyGram to launch non-custodial digital wallet

MoneyGram International, Inc. (“MoneyGram” or the “Company”), a leading global financial technology company that connects the world’s communities, today announced plans to launch its own non-custodial digital wallet on stage at the Stellar Development Foundation (“SDF”) annual Meridian conference.

27 September 2023

Company announcement/people

MoneyGram names Seth Ross as chief digital officer

MoneyGram International, Inc. (NASDAQ: MGI) ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, today announced the appointment of Seth Ross as Chief Digital Officer.

25 April 2023

Company announcement/security

FTC orders MoneyGram to return $115 million to scam victims

More than $115 million in refunds are being sent to consumers nationwide as a result of a 2018 action the Federal Trade Commission and the U.S. Department of Justice brought against MoneyGram for failing to crack down on scammers using their payment system.

13 February 2023

News/crypto

UN pilots blockchain-based system for getting aid to people in Ukraine

The United Nations Refugee Agency (UNHCR) is piloting the use of blockchain technology to get digital cash payments to internally displaced people in Ukraine.

20 December 2022

News/crypto

MoneyGram lets US customers buy and sell crypto

MoneyGram users in the US can now buy, sell and hold cryptocurrency via the money transfer firm's mobile app.

02 November 2022

News/startups

MoneyGram invests in UAE-based startup Jingle Pay

MoneyGram has acquired a 12% stake in Jingle Pay as part of a wider partnership with the UAE-based financial superapp targeting the region's huge expatriate community.

05 October 2022

Company announcement/inclusion

Creditcare and Moneygram join forces

Creditcare Technology, an innovative, multinational consumer finance company, today announced that they have partnered with MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, to expand further into the emerging markets of the Philippines, Vietnam, and, now Nigeria with Moneygram.

06 September 2022

Company announcement/payments

CIBC introduces same-day cash pick up abroad through MoneyGram

To help clients save time, increase convenience and remove barriers to sending and receiving funds abroad, CIBC today announced the expansion of its Global Money Transfer (GMT) service to include cash pick up through MoneyGram, a global leader in the evolution of digital P2P payments, enabling same-day, no-fee cash transfers to more than 40 countries.

29 August 2022

Company announcement/crypto

Wyre integrates with crypto-to-cash service powered by MoneyGram and Stellar

Wyre, a leading cryptocurrency infrastructure provider, today announced an integration with the first-of-its-kind global on/off-ramp service for digital wallets launched last month by MoneyGram, a global leader in the evolution of digital P2P payments, on the Stellar network.

06 July 2022

Company announcement/crypto

MoneyGram delivers crypto-to-cash service via Stellar Network

MoneyGram, a global leader in the evolution of digital P2P payments, and the Stellar Development Foundation (SDF), a non-profit organization that supports the development and growth of Stellar, an open-source public blockchain that allows money to be tokenized and transferred globally, today announced the initial roll-out of a first-of-its-kind global on/off-ramp service for digital wallets to increase the utility of digital assets by creating a bridge between cash and cryptocurrencies.

13 June 2022

Company announcement/payments

MoneyGram teams up with Saudi-based Mobily Pay

MoneyGram International, Inc. (NASDAQ: MGI), a global leader in the evolution of digital P2P payments, and Mobily Pay, a pioneering mobile wallet powered by leading Saudi-based telecommunications and digital service provider Mobily, today announced a partnership to launch MoneyGram's leading international money transfer capabilities on Mobily Pay.

02 June 2022

News/payments

CFPB sues MoneyGram

MoneyGram is preparing to fight what it calls a "baseless" Consumer Financial Protection Bureau (CFPB) and New York Attorney General lawsuit accusing the money transfer giant of "leaving families high and dry".

25 April 2022

News/payments

MoneyGram agrees $1.8bn sale to PE firm

MoneyGram has inked a definitive agreement to be acquired by private equity firm Madison Dearborn Partners (MDP) in an all-cash deal worth around $1.8 billion.

15 February 2022

News/crypto

MoneyGram buys stake in cryptocurrency cash exchange Coinme

MoneyGram has acquired a four per cent stake in Coinme, a US outfit that facilitates the cash purchase and sale of bitcoin at physical locations. Financial terms were not disclosed.

07 January 2022

News/crypto

MoneyGram and Stellar team on instant crypto-to-cash transfers

Having tipped its nose at Ripple, MoneyGram has formed a partnership with rival blockchain network Stellar to support instant money transfers using the USDC stablecoin.

07 October 2021

News/crypto

MoneyGram locations to let customers buy and sell bitcoin with cash

MoneyGram is working with cryptocurrency cash exchange Coinme to enable the cash funding and payout of digital currency purchases and sales.

12 May 2021

Company announcement/payments

MoneyGram enters payments-as-a-service space

MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, today announced the launch of 'MoneyGram as a Service,' a new business line that enables other companies to access its leading global money transfer network through its powerful API-driven infrastructure and best-in-class technology.

26 March 2021