Tag: MoneyGram

MoneyGram has kept on growing since Ant Financial bought the payment company in 2017 for $880m. Now it plans to power that growth with a new partnership with non-banking finance company LuLu Money.

Money transfer company MoneyGram saw a record number of online transactions being made through its platform before Christmas.

Ripple has invested $50m into MoneyGram, a fellow money transfer company.

A bidding war seems on the cards over remittances service MoneyGram as Kansas-based electronic payments firm Euronet Worldwide attempts to swoop in on Ant Financial $880m acquisition.

Chinese FinTech giant Ant Financial is acquiring US money transfer service MoneyGram in an $880m deal. Ant Financials’ core product is payments service Alipay.