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Announced

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Stellar Development Foundation completed a minority investment in MoneyGram International.

Synopsis

Stellar Development Foundation, a crypto payments network, completed a minority investment in MoneyGram International, an interstate and international peer-to-peer payments and money transfer company. Financial terms were not disclosed. "Most importantly, it signifies a rededication from MoneyGram International, one of the world's leading global financial technology, to becoming a digital-forward leader in fintech," Denelle Dixon, Stellar Development Foundation CEO.

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