Tag : MoneyGram

MoneyGram Partners with Digital Wallet Urpay to Power Cross-Border Payments from Saudi Arabia
Digital Payments Digital Wallet News

MoneyGram Partners with Digital Wallet Urpay to Power Cross-Border Payments from Saudi Arabia

Fintech News Desk
by Fintech News Desk0
Partnership enables urpay to connect to MoneyGram’s API-driven infrastructure and global network to provide its millions of wallet users the ability to send money around the world As mobile money adoption grows rapidly across the Middle East, MoneyGram is scaling its high-growth digital business across the region MoneyGram International, Inc.,......
MoneyGram Expands Mobile Wallet Network in Asia through Integration with bKash in Bangladesh
Digital Payments Mobile Banking News Uncategorized

MoneyGram Expands Mobile Wallet Network in Asia through Integration with bKash in Bangladesh

Fintech News Desk
by Fintech News Desk0
Through this latest integration as part of MoneyGram’s ongoing partnership with Thunes, over 55 million bKash wallet users will now be able to receive funds instantly from around the world MoneyGram International, Inc., the global leader in the evolution of digital P2P payments, announced the expansion of its mobile wallet......
MoneyGram Announces Closing of Private Offering of $415 Million of Senior Secured Notes and $400 Million Senior Secured Term Loan
Banking Digital Payments News

MoneyGram Announces Closing of Private Offering of $415 Million of Senior Secured Notes and $400 Million Senior Secured Term Loan

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc. announced the closing of its previously announced private offering of $415 million aggregate principal amount of 5.375% senior secured notes due 2026 (the “notes”) and related guarantees (as defined below). Substantially concurrently with the closing of the offering, the Company closed a new $400 million senior secured term loan, and also......
MoneyGram Announces Pricing of Private Offering of $415 Million of Senior Secured Notes
Banking News

MoneyGram Announces Pricing of Private Offering of $415 Million of Senior Secured Notes

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc.announced the pricing of its previously announced private offering of $415 million aggregate principal amount of 5.375% senior secured notes due 2026 (the “notes”) and related guarantees. The offering is expected to close on July 21, 2021, subject to customary closing conditions. Read More: Verizon Business and Mastercard Partner to Bring......
MoneyGram Strengthens Balance Sheet, Reduces Debt by $100 Million Ahead of Planned Refinancing
Digital Payments Fintech News

MoneyGram Strengthens Balance Sheet, Reduces Debt by $100 Million Ahead of Planned Refinancing

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc. is announcing that it has prepaid $100 million of principal balance under its Second Lien Credit Agreement, dated as of June 26, 2019, with Bank of America, N.A., as administrative agent, the financial institutions party thereto as lenders and the other agents party thereto. MoneyGram also paid a required $4 million prepayment call......
MoneyGram Announces Completion of ATM Equity Offering Program and Provides Update on Refinancing Plans
Finance Fintech News

MoneyGram Announces Completion of ATM Equity Offering Program and Provides Update on Refinancing Plans

Fintech News Desk
by Fintech News Desk0
MoneyGram Raised $99.8 Million in Gross Proceeds MoneyGram International, Inc. is announcing the completion of its previously announced “at-the-market” equity offering program (the “ATM Program”) which provided for the offer and sale, from time to time, of shares of its common stock (the “Shares”) having an aggregate sales price of up to $100 million. In......
MoneyGram Delivers All-Time Record High for MoneyGram Online Transactions in May
Business Digital Digital Payments News

MoneyGram Delivers All-Time Record High for MoneyGram Online Transactions in May

Fintech News Desk
by Fintech News Desk0
MoneyGram Online (MGO) also delivered all-time highs in cross-border transaction and revenue as well as in digital receives and sends through Visa Direct MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, announced an all-time high in money transfer transactions for May in its direct-to-consumer channel,......
MoneyGram Announces $100,000,000 At-The-Market Equity Offering Program
Banking News

MoneyGram Announces $100,000,000 At-The-Market Equity Offering Program

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc. announced that it has established an “at-the-market” equity offering program under which it may offer and sell, from time to time, shares of its common stock (the “Shares”) having an aggregate sales price of up to $100 million, and has entered into an ATM Equity OfferingSM Sales Agreement......
Significant Shift in Consumer Behavior Reveals Implications for Brands to Accelerate Transformations Coming Out of the Pandemic, According to New MoneyGram Data Index
Digital Payments Fintech News

Significant Shift in Consumer Behavior Reveals Implications for Brands to Accelerate Transformations Coming Out of the Pandemic, According to New MoneyGram Data Index

Fintech News Desk
by Fintech News Desk0
The data shows that everything from how consumers spend and send money to how they interact with brands has changed in this new normal Convenience is the key driver of value and the shift to digital is accelerating; stark inequalities identified between high-earners and low-earners – especially in the immigrant......
MoneyGram Delivers All-Time Record High for Transactions in its Direct-to-Consumer Digital Business
Business Digital Digital Payments News

MoneyGram Delivers All-Time Record High for Transactions in its Direct-to-Consumer Digital Business

Fintech News Desk
by Fintech News Desk0
MoneyGram Online (MGO) achieved its 15th consecutive month of triple-digit transaction growth with 131% year-over-year cross-border transaction growth for March Growth has been driven by consumer demand for the Company’s leading app as it sustains strong app download growth rates and continues to experience strong customer retention rates MoneyGram International,......
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