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

Nubank Secures Conditional Approval for U.S. National Bank License

Brazilian fintech aims to expand services in the American market.Highlights: Nubank receives conditional approval for U.S. banking license.The...

Nationwide Strengthens Lead in UK Current Account Switching Table

Nationwide sees continued success in attracting new customers through account switching.Highlights: Nationwide tops the UK current account switching...

Banks Reduce Reliance on OpenAI Amid Regulatory Concerns

Financial institutions shift focus as AI scrutiny increases.Highlights: Banks are decreasing dependency on OpenAI as regulations tighten.Regulatory scrutiny...

Crypto Network Mesh Hits Unicorn Status as Valuation Soars

The rapidly growing crypto network achieves a billion-dollar valuation milestone.Highlights: Crypto network Mesh achieved unicorn status after recent...