MoneyGram

MoneyGram International, Inc. is a United States-based financial services company that provides money transfer and payment services. It operates through a global network of agents and digital platforms that enable individuals to send and receive money domestically and internationally. Core offerings include person-to-person money transfers, online and mobile transfers, money orders, and bill payments; transfers can be sent for cash pickup or directly to bank accounts or mobile wallets depending on the country and service.

Headquartered in Dallas, Texas, MoneyGram maintains a presence in more than 200 countries and territories and partners with financial institutions and retailers to enable access points for customers.

MoneyGram originated in the United States as a money transfer service and expanded through acquisitions and expansion to a global network. In 2017, Ant Financial, an affiliate of Alibaba Group, announced plans to acquire MoneyGram; the merger agreement was terminated in 2018, and MoneyGram remained an independent company. The company has since focused on expanding its digital transfer capabilities and partnerships.

MoneyGram operates under applicable financial regulations in each jurisdiction, including anti-money laundering (AML) and know-your-customer (KYC) requirements, and maintains compliance programs to safeguard customer funds and prevent fraud. It is subject to financial supervision by regulators in the countries where it operates.