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FinTech
US Pays $115M to 40K Victims of Fraud Scheme Processed by MoneyGram
MoneyGram paid $125 million in 2018 for the refund.
The American money transfer company entered a DPA with the Justice Department in 2012.
Friday, 10/02/2023 | 22:42 GMT
by
Solomon Oladipupo
CryptoCurrency
MoneyGram Allows Traders to Buy and Sell Cryptos via Own App
The move was possible due to the extended partnership with Coinme.
MoneyGram currently offers three cryptos, with the option to expand in the future.
Wednesday, 02/11/2022 | 10:58 GMT
by
Damian Chmiel
News
MoneyGram Collaborates with Mobily Pay
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.
Saturday, 04/06/2022 | 10:09 GMT
by
Bilal Jafar
News
MoneyGram’s Digital Revenue Reaches Record High in Q1 2022
Gross profit for the latest quarter came in at $146.2 million.
Diluted earnings per share reached $0.05.
Saturday, 07/05/2022 | 16:53 GMT
by
Bilal Jafar
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FinTech
Madison Dearborn Partners to Acquire MoneyGram in a $1.8 Billion Deal
After the acquisition, MoneyGram will become a private firm
MoneyGram said that the acquisition will enable it to accelerate growth and expansion
Wednesday, 16/02/2022 | 06:59 GMT
by
Nicholas Otieno
FinTech
MoneyGram Acquires Minority Stake in Crypto ATM Operator Coinme
MoneyGram completed a strategic investment in Coinme.
The investment gives MoneyGram a 4% stake in Coinme.
Thursday, 06/01/2022 | 01:16 GMT
by
Nicholas Otieno
News
MoneyGram Announces New Pilot with the Stellar Development Foundation
Settlements are almost instant as users could arrange payments with Stellar's USDC.
Wednesday, 17/11/2021 | 23:01 GMT
by
Felipe Erazo
News
MoneyGram Partners with Stellar to Enable Money Transfers Using USDC
United Texas Bank will act as a settlement bank between MoneyGram and Circle as part of the deal.
Thursday, 07/10/2021 | 22:01 GMT
by
Felipe Erazo
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News
MoneyGram to Enable Cash Transactions for Bitcoin across the US
The company has plans to take this service globally in the second half of 2021.
Wednesday, 12/05/2021 | 16:43 GMT
by
Arnab Shome
Coins
XRP Holds Gains as MoneyGram Officially Cut Ties with Ripple
Nasdaq-listed MoneyGram has already suspended using Ripple’s under-fire XRP token in forex settlements.
Monday, 08/03/2021 | 23:02 GMT
by
Aziz Abdel-Qader
News
Investor Sues MoneyGram for Falsely Representing XRP
Ripple agreed to invest $50 million in MoneyGram as the two companies have signed a partnership agreement until 2023.
Tuesday, 02/03/2021 | 08:25 GMT
by
Arnab Shome
News
MoneyGram Announces Suspension of Trading on Ripple’s Network
The company announced the suspension of on-demand liquidity activities due to the SEC’s lawsuit against Ripple.
Tuesday, 23/02/2021 | 12:49 GMT
by
Bilal Jafar
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News
MoneyGram Distances Itself from Ripple Following SEC Lawsuit
The remittance company is using Ripple’s ODL for the exchange of four currencies.
Thursday, 24/12/2020 | 07:13 GMT
by
Arnab Shome
News
Ripple Exits from 33% of Its MoneyGram Investment
The company will sell around 4 million MoneyGram shares by March 31, 2021.
Monday, 30/11/2020 | 12:12 GMT
by
Arnab Shome
Payments
MoneyGram Deepens African Presence with Airtel Partnership
The company will facilitate international transfers for 19 million Airtel Money customers.
Friday, 21/08/2020 | 12:50 GMT
by
Arnab Shome
News
MoneyGram Enters Saudi Arabia with Local Bank Partnership
The country is the second-largest outbound remittance market.
Friday, 05/06/2020 | 07:09 GMT
by
Arnab Shome
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News
Western Union Offers MoneyGram a Takeover Deal
Reports of the deal have resulted in a stock price surge of both the companies.
Tuesday, 02/06/2020 | 08:30 GMT
by
Arnab Shome
News
MoneyGram Gets $11.3 Million from Ripple in H2 2019
The payments transfer company is integrating Ripple’s decentralized technology into its services.
Wednesday, 26/02/2020 | 07:43 GMT
by
Arnab Shome
News
Ripple Puts Another $20M in MoneyGram Owning 10% of Common Stocks
This new investment fulfills a $50 million investment commitment by Ripple in MoneyGram.
Tuesday, 26/11/2019 | 06:27 GMT
by
Arnab Shome
News
Ripple Releases Q1 2018 Market Report - XRP Market Share Increases
At the same time however the price of one XRP dropped from $1.91 to $0.51.
Thursday, 26/04/2018 | 11:32 GMT
by
Simon Golstein
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