MoneyGram: Enters payments-as-a-service space

  • MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers
  • Announced the launch of ‘MoneyGram as a Service,’ a new business line that enables other companies to access its leading global money transfer network
  • With this launch, enterprise customers now leverage the Company’s core capabilities as productized service offerings
  • The new business line represents a significant growth opportunity for MoneyGram as it enters a market estimated
  • This partnership part of a strategy to capture new revenue by monetizing capabilities
  • The launch begins with the successful integration of a partnership with Emergent Technology Ltd
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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