Announced
Completed
Financials
Sources
Tags
Private
money transfer
United States
Payments / Commerce
Domestic
Acquisition
Minority
Pending
Friendly
Single Bidder
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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