Tagged: moneygram

July 25, 2018 @ 12:23 pm By Samantha Hurst  |  

MoneyGram (NASDAQ: MGI) recently announced it is extending its digital money transfer services in five new countries. According to MoneyGram, customers in Australia, the Netherlands, Belgium, Portugal, and Austria may now send money 24/7 directly to more than two billion bank accounts and mobile wallets or to any MoneyGram location in over 200 countries… Read More

April 3, 2018 @ 2:20 pm By Samantha Hurst  |  

On Tuesday, retail giant Walmart announced the launch of its new global wire service, Walmart2World. The company revealed that four years ago it changed the “money transfer game” with the introduction of Walmart2Walmart, which is a domestic money transfer service that offered lower cost, which… Read More

January 3, 2018 @ 10:10 am By JD Alois  |  

Ant Financial, part of tech conglomerate Alibaba, announced its intent to purchase MoneyGram (NASDAQ: MGI)  a year ago. The acquisition would have combined MoneyGram’s money transfer network of 2.4 billion bank and mobile accounts with Alibaba’s fast growing global Fintech presence. MoneyGram is currently active in… Read More

April 17, 2017 @ 9:38 am By JD Alois  |  

Dallas based MoneyGram (NASDAQ:MGI), a global provider of money transfer services, has become quite popular. This past January, Alibaba’s Ant Financial subsidiary announced it had offered the firm $13.25 per share to acquire the company. The two companies had entered into a definitive agreement to… Read More

January 26, 2017 @ 9:45 am By JD Alois  |  

China’s richest man, Jack Ma, has boosted his USA presence with the acquisition of MoneyGram (NASDAQ: MGI) – a Dallas-based money transfer service. Ant Financial Services Group, part of the fast-growing Alibaba Group and parent of AliPay, has entered into a definitive agreement to purchase MoneyGram at… Read More