MoneyGram

MoneyGram International, Inc. is a global payment services company, which offers global money transfers, bill payment solutions and money orders. It operates through the following business segments: Global Funds Transfer and Financial Paper Products. The Global Funds Transfer segment provides money transfer services. The Financial Paper Products segment offers money orders to consumers through retail and financial institutions. The company was founded in 1940 and is headquartered in Dallas, TX.

Earnings data Q1 2024

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MoneyGram is a global payment services company. The company’s products include global money transfers, bill payment solutions, and financial paper products. It conducts its business through its wholly-owned subsidiary MoneyGram Payment Systems, Inc. (MPSI). MoneyGram operates in two segments: Global Funds Transfer and Financial Paper Products and offers its money transfer services on the Internet through its MoneyGram Online service in the United States, United Kingdom, and through agent Websites in Italy, Saudi Arabia, and Japan. It also offers money transfer services via mobile phone, kiosks, ATM, receive cards, and direct-to-bank account products in various markets worldwide. Effective July 8, 2013, MoneyGram International Inc acquired Latino Services, an Atlanta-based provider of money transfer services.

Western Union

Western Union (WU) is reportedly mulling over buying its rival MoneyGram to expand its reach in the money transfer business.

Western Union Aims to Buy MoneyGram to Foil Peer Competition

Money transfer giant Western Union is looking to get bigger in a hurry, and that's potentially good news for MoneyGram shareholders.

Why Shares of Western Union and MoneyGram Jumped Today

MoneyGram International Inc. (NASDAQ: MGI) shares jumped on Tuesday after it was reported that there was a potential takeover in the works by Western Union Co.

Will MoneyGram Get a Fair Price From Western Union?

The world's largest money transfer firm is reportedly looking to buy its smaller rival amid several headwinds.

Western Union in Talks to Buy MoneyGram: Report

The shares of MoneyGram International Inc. (NASDAQ: MGI) skyrocketed on Monday and premarket session on Tuesday, as Bloomberg reported that Western Union (NYSE: WU) is looking to acquire the payments company.

MoneyGram Shares Jump 50% As Western Union Reportedly Looks For Acquisition

Shares of MoneyGram International Inc. MGI, +6.14% soared in after-hours trading Monday after a report that Western Union Co.

MoneyGram shares soar after hours on report of Western Union takeover bid

MoneyGram (MGI) partners with Uber to provide to drivers rebates amid the pandemic.

MoneyGram Ties Up With Uber to Offer Rebates to Drivers

MoneyGram (MGI) saw a big move last session, as its shares jumped more than 10% on the day, amid huge volumes.

MoneyGram (MGI) Surges: Stock Moves 10.4% Higher

DALLAS, May 26, 2020 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced a partnership with Uber to provide drivers and delivery couriers a discount on digital money transfers sent to family and...

MoneyGram and Uber Launch Partnership to Support Drivers During Global Pandemic

MoneyGram (MGI) partners with E9Pay to provide its money transfer services in the burgeoning Korean remittance market.

MoneyGram Ties With E9Pay to Tap Korean Remittance Market

MoneyGram International, Inc. (MGI) CEO Alex Holmes on Q1 2020 Results - Earnings Call Transcript

MoneyGram (MGI) delivered earnings and revenue surprises of -25.00% and 1.54%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

MoneyGram (MGI) Reports Q1 Loss, Tops Revenue Estimates

Shares of MoneyGram (NASDAQ:MGI) rose 0.60% in pre-market trading after the company reported Q1 results.

MoneyGram: Q1 Earnings Insights

MoneyGram (MGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

MoneyGram (MGI) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

MoneyGram (MGI) reported earnings 30 days ago. What's next for the stock?

MoneyGram (MGI) Down 31.6% Since Last Earnings Report: Can It Rebound?

MoneyGram's (MGI) strong digital business reflects transaction growth in both U.S.-outbound and international transactions.

MoneyGram Rides on Transaction Growth in Its Digital Business

MoneyGram (MGI) partners with Google Cloud and Amazon Web Services to take another step toward digital transformation.

MoneyGram (MGI) Collaborates to Enrich Customer Experience

MoneyGram (MGI) is poised to benefit from solid growth in its digital platform and expanding international markets.

Strong Digital Platform, International Business Aid MoneyGram

MoneyGram International, Inc. (MGI) CEO Alex Holmes on Q4 2019 Results - Earnings Call Transcript

MoneyGram (MGI) Q4 earnings results reflect strong transaction growth in the non-US market.

MoneyGram (MGI) Q4 Earnings Beat, Revenues Miss Estimates

Analysts Estimate MoneyGram (MGI) to Report a Decline in Earnings: What to Look Out for

MoneyGram (MGI) teams up with LuLu Financial to expand services in Asia-Pacific.

MoneyGram (MGI) Collaborates With UAE-Based LuLu Financial

MoneyGram (MGI) collaborates with Ebix to expand money transfer services in India.

MoneyGram Partners Ebix to Offer Inward Remittance in India

NOIDA, India and DALLAS, Jan.  13, 2020  (GLOBE NEWSWIRE) -- EbixCash, a wholly-owned subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, together with MoneyGram International, Inc. (NASDAQ: MGI), a global provider of innovative money transfer services, announced a strategic partnership to bring enhanced services to millions of consumers across India.

MoneyGram and EbixCash Sign Exclusive Strategic Agreement to Expand Presence in India

MoneyGram's (MGI) growing digital platform business bodes well. However, the company has been suffering from increasing competition.

News for MoneyGram Stock (MGI)