Tag: MoneyGram

FI’s in F1: Does on track success lead to victory in...

From iconic liveries to memorable, yet farcical characters, Formula One has a rich, colourful, and yet troubled past with sponsors. With global brands such as Marlboro, Vodafone, and Petronas weaving their way into the annuls of the sport’s history, it is no surprise that many FinTechs have tried to do so too. Renowned names, in the form of Visa and Cash App, being the latest, as they penned a controversial deal to rebrand Alpha Tauri under a new guise and moniker: Visa Cash App RB Formula One Team. Ahead of the 2024 season, FinTech Global investigates whether there is any correlation between performance on track – and success in the business world. 

MoneyGram appoints Edwina Johnson as new general manager

US PayTech MoneyGram has recently appointed Edwina Johnson as the new General Manager for MoneyGram Online International.

Madison Dearborn Partners buys MoneyGram for $1.8bn

Chicago-based private equity firm Madison Dearborn Partners has acquired MoneyGram International, a digital P2P payments company, in a $1.8bn deal.

MoneyGram takes stake in bitcoin ATM Coinme

Coinme, a US-based cryptocurrency cash exchange service, has received a strategic minority investment from MoneyGram International.

MoneyGram steps back from partnership with Ripple over SEC lawsuit

Remittance firm MoneyGram suspends trading on Ripple’s payment platform, RippleNet, citing the ongoing $1.3bn lawsuit filed by the U.S. Securities and Exchange Commission (SEC).

MoneyGram teams up with Checkout.com for Visa collaboration

Cross-border transactions company MoneyGram has expanded its Visa debit card deposit service across Europe in a new collaboration with Checkout.com, Europe's most valuable privately owned FinTech.

MoneyGram has partnered with Digital Financial Services

Cross-border P2P payments and money transfers company MoneyGram has inked a new deal with Digital Financial Services to empower eWallet customers to make cross-border money transfers.

MoneyGram partners up with Global Money Express

Cross-border payments and money transfer company MoneyGram has inked a partnership with Global Money Express, the South Korean money transfer and payment FinTech company.

MoneyGram announced partnership with Saudi Arabian Al Rajhi Bank

Cross border payment company MoneyGram has inked a strategic partnership with Al Rajhi Bank, an Islamic bank.

Western Union reportedly looking to acquire MoneyGram

American money transfer firm Western Union has reportedly made an offer for fellow remittance company MoneyGram International.

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