MoneyGram International, Inc.

MoneyGram International, Inc. is an American financial technology company headquartered in Dallas, Texas, specializing in cross-border peer-to-peer payments and money transfer services. Its mission is to deliver innovative financial solutions that connect communities globally, prioritizing customer-focused financial mobility for migrants, remittance senders, and underserved populations.

The company offers a range of services including domestic and international money transfers, bill payment services, and financial paper products such as money orders and official checks. MoneyGram operates through an extensive global network of approximately 400,000 agent locations across more than 200 countries and territories, alongside a growing suite of digital channels including its website, mobile app, and account deposit services. It also provides "MoneyGram as a Service," allowing other businesses to leverage its API-driven payment infrastructure, and is actively involved in blockchain-enabled digital asset movement and fiat on/off-ramp services for digital wallets.

MoneyGram was acquired by Madison Dearborn Partners in an all-cash transaction completed on June 1, 2023, transitioning from a publicly traded company on NASDAQ to a privately held entity. Anthony Soohoo, who became CEO in late 2023, is leading the company's digital transformation, with a focus on integrating digital assets like stablecoins into its offerings. In Q1 2024, MoneyGram announced plans to launch its own non-custodial digital wallet, leveraging stablecoin technology and the Stellar network to redefine cross-border payments.