MoneyGram

MoneyGram is a global fintech platform enabling cross-border peer-to-peer money transfers and bill payments across 200+ countries and territories.

Founded in 1940 as Travelers Express and rebranded as MoneyGram International in 2004, the Dallas-headquartered company operates nearly 500,000 agent locations and over five billion digital endpoints worldwide.

The platform supports cash pickup, direct bank deposits, mobile wallet delivery, debit card transfers, and blockchain-based USDC settlements via its Stellar network partnership.

Over 50% of MoneyGram transactions are now digital, processed through its highly-rated mobile app available in 8+ languages.

MoneyGram serves over 50 million customers annually, handling remittances in 135+ currencies including cryptocurrency on-ramp and off-ramp services. The company is registered as a Money Services Business with FinCEN and holds money transmitter licenses across all 50 U.S. states.

Acquired by Madison Dearborn Partners in June 2023 for approximately $1. 8 billion, MoneyGram is now led by CEO Anthony Soohoo, who joined in October 2024. The company is undergoing a digital-first transformation under its MoneyGram 3.

0 strategy, integrating AI, stablecoins, and embedded finance into its global payments network.

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