MoneyGram: Teams up with Saudi-based Mobily Pay

MoneyGram: Teams up with Saudi-based Mobily Pay

  • MoneyGram is a global leader in cross-border P2P payments and money transfers
  • Announced a partnership to launch leading international money transfer capabilities on Mobily Pay
  • This partnership empowers millions of consumers in Saudi Arabia to use the Mobily Pay mobile wallet to send money
  • Enables financial technology companies to access its leading global money transfer network
  • Through this partnership, It will boost its existing digital offerings by adding new services and scale
  • The partnership is expected to be live for consumers later this year
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.

You May Also Like

Mastercard Launches BIN Sponsorship Programme for UK Fintechs

New initiative aims to support fintech innovation in the UK market.Highlights: Mastercard unveils BIN sponsorship programme for UK...

UAE Central Bank Trials Palm Payments, Amazon Abandons Technology

UAE's innovative palm payment trials contrast with Amazon's decision to discontinue similar tech.Highlights: UAE Central Bank begins trials...

Checkout.com Acquires Euro Stablecoin Issuer Blue for Expansion

The acquisition strengthens Checkout.com’s capabilities in the stablecoin market.Highlights: Checkout.com has acquired Blue, a euro stablecoin issuer.The acquisition...

Ex-Revolut Staffers Secure $6M for Self-Custodial Money App

Former team members aim to reshape financial independence with new app.Highlights: Ex-Revolut staffers raise $6M in funding.New app...