MoneyGram International reportedly failed to secure lower borrowing costs on a $398 million leveraged loan before a deadline on Thursday (May 23). The company had aimed to convince lenders to cut the borrowing costs on the loan that helped finance Madison Dearborn Partners’ leveraged buyout of...
Trustly and MoneyGram International have partnered to enable millions of MoneyGram users in Europe to make cardless international money transfers. With the service enabled by this collaboration, users can pay directly from their bank accounts when sending international money transfers through MoneyGram Online (MGO), the companies said...
MoneyGram plans to launch a non-custodial digital wallet that will offer new ways to send and receive cross-border payments. The wallet is set to debut in the first quarter of 2024 and will allow users to seamlessly move from fiat currency to digital currency and back...
The global remittance market — where hundreds of billions of dollars flow across borders annually — is being reshaped by digital disruption. Late last year, the World Bank estimated that remittances last year grew by 5% in 2022, to $626 billion. Generally speaking, remittances are...
October 25, 2022
The cost, time and experience upgrade that digital payments promise cross-border senders and receivers may be crystal clear to some, but it hasn’t happened yet. Even though there’s every reason to get it done with all speed, holdouts abound in parts of the world that still love to deal in cash. Diving into this complex […]
February 12, 2019
Restructuring efforts continue at MoneyGram, and — amid a tougher compliance environment — the company missed Wall Street expectations as sales declined. However, bright spots included a continued embrace of...
July 24, 2018
MoneyGram and Visa announced today (July 24) that they have partnered to deliver real-time digital disbursements to MoneyGram customers using Visa’s push payments platform, Visa Direct. Launching in October in...
January 05, 2018
A pretty good songster named Paul McCartney sang once that “in the end, the love you take is equal to the love you make.” To shift that a bit for...
June 10, 2024
MoneyGram International has appointed former Driven Brands chief financial officer (CFO) Gary W. Ferrera as its CFO. Ferrera succeeds Larry Angelilli, who has retired after more than 12 years with MoneyGram, the company said in a Monday (June 10) press release. In his new role, Ferrera will support the continued growth and digitization of MoneyGram, […]
May 24, 2024
MoneyGram International reportedly failed to secure lower borrowing costs on a $398 million leveraged loan before a deadline on Thursday (May 23). The company had aimed to convince lenders to cut...
March 20, 2024
Trustly and MoneyGram International have partnered to enable millions of MoneyGram users in Europe to make cardless international money transfers. With the service enabled by this collaboration, users can pay directly...
September 26, 2023
MoneyGram plans to launch a non-custodial digital wallet that will offer new ways to send and receive cross-border payments. The wallet is set to debut in the first quarter of 2024...
