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Moneygram International Inc: Overview

MoneyGram International Inc (MoneyGram) is a global financial technology company that provides alternative financial services. The company offers money transfer solutions such as money order, bill payment, and official check processing. The company also provides digital solutions which consists of account deposits, kiosk-based services, mobile solutions, and moneygram.com. MoneyGram primarily operates through third-party agents globally, along with some self-operated retail locations. It also offers money transfer services globally, bill payment services in the US, Canada, Puerto Rico, and selected Caribbean and European countries, and money order services in the US and Puerto Rico. MoneyGram is headquartered in Dallas, Texas, the US.

Headquarters United States of America

Address 2828 N. Harwood Street, 15th Floor, Dallas, Texas, 75201


Telephone 1 214 9997640

No of Employees 3,072

Industry Financial Services

Ticker Symbol & Exchange MGI (NASD)

Revenue (2022) $1.3B 5.5% (2022 vs 2021)

EPS XXX

Net Income (2022) XXX -379.7% (2022 vs 2021)

Market Cap* $1.0B

Net Profit Margin (2022) XXX -353.9% (2022 vs 2021)

* As of and is in US$

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IT Services Contracts

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ICT Spend & Tech Priorities

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Products and Services

Products Services Brands
Prepaid Cards Bill Payment Globe design logo
Rewards Cards Money Transfer MoneyGram
E-Money Transfer MoneyGram MyWay
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XXX XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Acquisitions/Mergers/Takeovers In October, the company acquired a 12% stake in Jingle Pay.
2022 Contracts/Agreements In August, the company and Bank Alfalah announced a partnership with Babar Azam to promote the ability for consumers to use MoneyGram’s services to send money.
2022 Contracts/Agreements In June, the company entered into an partnership with Mobily to launch its international money transfer capabilities on Mobily Pay.
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Competitor Comparison

Key Parameters Moneygram International Inc PayPal Holdings Inc Block Inc Fiserv Inc Global Payments Inc
Headquarters United States of America United States of America United States of America United States of America United States of America
City Dallas San Jose San Francisco Brookfield Atlanta
State/Province Texas California California Wisconsin Georgia
No. of Employees 3,072 30,900 8,521 44,000 25,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
W. Alexander Holmes Chief Executive Officer; Chairman Executive Board 2018 47
Lawrence Angelilli Vice Chairman Executive Board 2022 -
Hilary Jackson Chief Operating Officer Senior Management 2021 41
Christopher H. Russell Chief Accounting Officer Senior Management 2020 56
Robert L. Villasenor General Counsel; Chief Administrative Officer; Corporate Secretary Senior Management 2021 51
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
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