MoneyGram Digital Business Continues Rapid Ascent with 30% of Company Transactions Now Digital
DALLAS, Feb. 25, 2021 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced the Company delivered
"We're pleased to report a strong start to the year, which demonstrates sustained momentum in consumer demand for our leading app and continued market share gains," said Alex Holmes, MoneyGram Chairman and Chief Executive Officer. "This has also brought our digital business to
The Company's strong January results come on the heels of strong fourth quarter and full-year 2020 financial results. Earlier this week, MoneyGram reported a record number of digital customers in the fourth quarter of last year and
"As MoneyGram leads the evolution of digital cross-border P2P payments and money transfers, we continue to execute our strategy to deliver the industry's best customer experience," said Kamila Chytil, MoneyGram Chief Operating Officer. "Our January results are yet another example of how our customer-centric app is delivering industry leading returns on investment and driving strong customer lifetime value."
About MoneyGram International, Inc.
MoneyGram is a global leader in cross-border P2P payments and money transfers. Its consumer-centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with 90 now digitally enabled.
MoneyGram leverages its modern, mobile, and API-driven platform and collaborates with the world's leading brands to serve millions of people each year through both its walk-in business and its direct-to-consumer digital business.
With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world's best customer experience, MoneyGram is leading the evolution of digital P2P payments.
For more information, please visit MoneyGram.com and follow @MoneyGram.
Media Contact
Stephen Reiff
Media@MoneyGram.com
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SOURCE MoneyGram