MoneyGram

MoneyGram is a global payments network that moves money across borders through a digitally powered, omni-channel platform supporting both fiat and stablecoin transactions. Founded in 1940 in Minneapolis, Minnesota, and headquartered in Dallas, Texas, the company has been in operation for over 85 years. It was acquired by Madison Dearborn Partners in 2023.

The company's services span several formats: international money transfers that consumers can send and receive online, through the MoneyGram Mobile App, or at retail locations; a cryptocurrency offering operating the world's largest crypto-to-cash and cash-to-crypto network; and payment solutions built on blockchain networks such as Stellar and Solana. Money Transfer Services reach nearly 480,000 retail locations globally.

MoneyGram serves more than 200 countries and territories, handles billions of dollars in transfers annually, and serves millions of customers worldwide. The scale of that footprint places the firm within the financial services, remittances, payments, cross-border payments and digital assets sectors, and within the supervisory regimes that govern them.

Technical work at the company covers payments technology, blockchain and cryptocurrency, stablecoin transactions, mobile application development, its digital money transfer platform, and omni-channel retail technology. MoneyGram describes itself as combining a trusted global brand with agility, with a focus on digital transformation and expansion into cryptocurrency and blockchain.