.
MergerLinks Header Logo

New Deal


Announced

Completed

Stellar Development Foundation completed a minority investment in MoneyGram International.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

money transfer

United States

Payments / Commerce

Domestic

Acquisition

Minority

Pending

Friendly

Single Bidder

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US