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

RBC Strengthens Mortgage Offerings with Pinch Acquisition

Royal Bank of Canada acquires tech firm to enhance digital mortgage services.Highlights: RBC acquires mortgage technology provider Pinch.The...

X Money Launches in April, Strengthening Elon Musk’s Digital Finance Reach

Elon Musk's X Money is set to launch next month, expanding digital finance options.Highlights: X Money, founded by...

Mastercard Strengthens European Payments Sovereignty Debate

Mastercard addresses key issues in Europe's payments landscape.Highlights: Mastercard contributes to discussions on European payments sovereignty.Emphasized the importance...

Data Leak Accelerates After Telco Refuses Ransom Payment

Hackers leak sensitive customer data amidst failed ransom negotiations.Highlights: Hackers released customer data after telco declined ransom payment.Sensitive...