Moneygram International Stock News

MoneyGram's (MGI) partnership with urpay is expected to come online in the beginning of the next year.

MoneyGram (MGI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

MoneyGram's (MGI) partnership with urpay is expected to come online in the beginning of the next year.

MoneyGram International announced Thursday (Dec. 2) is working with the digital wallet provider urpay to power cross-border payments from Saudi Arabia. The partnership, expected to go live for customers early next year, lets urpay connect to Moneygrams API-driven infrastructure and global network to provide its millions of users the ability to send money around the []

DALLAS, Dec. 2, 2021 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI), a global leader in the evolution of digital P2P payments, today announced its partnership with urpay to enable cross-border money transfers. urpay is a digital wallet powered by neoleap, the Saudi-based…

MoneyGram International announced Thursday (Dec. 2) is working with the digital wallet provider urpay to power cross-border payments from Saudi Arabia.  The partnership, expected to go live for custo

MoneyGram International Inc. (NASDAQ:MGI) shares, rose in value on Wednesday, 11/24/21, with the stock price up by 3.54% to the previous days close as strong demand from buyers drove the stock to $6.15. Actively observing the price movement in the last trading, the stock closed the session at $5.94, falling within a range of $5.81 Read This First Before You Buy MoneyGram International Inc. (NASDAQ: MGI) Stock Read More »

Millennium Management LLC boosted its position in shares of MoneyGram International, Inc. (NASDAQ:MGI) by 161.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 410,073 shares of the financial services providers stock after acquiring an additional 253,017 shares during the quarter. Millennium Management LLC []

Amalgamated Bank bought a new position in shares of MoneyGram International, Inc. (NASDAQ:MGI) during the 2nd quarter, HoldingsChannel reports. The firm bought 10,951 shares of the financial services providers stock, valued at approximately $110,000. A number of other hedge funds have also made changes to their positions in the stock. Arctis Global LLC acquired a []

The trading price of MoneyGram International Inc. (NASDAQ:MGI) closed lower on Friday, November 19, closing at $5.72, -2.89% lower than its previous close. >> 7 Top Picks for the Post-Pandemic Economy

Brokerages predict that MoneyGram International, Inc. (NASDAQ:MGI) will announce earnings of $0.13 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for MoneyGram Internationals earnings. The lowest EPS estimate is $0.11 and the highest is $0.15. MoneyGram International reported earnings of $0.12 per share during the same quarter []

Payment giant MoneyGram International continues to cement its partnership with the Stellar ecosystem. Via an official post, the company announced a new stage for its collaboration by deploying a live cash-in and cash-out pilot initiative in the United States. Related Reading | Stellar To Launch New Europe-Africa Payment Corridor With This Partner After ending its relationship with payment solution company Ripple due to the U.S. SEC lawsuit against its executives, MoneyGram established a collaboration with the Stellar Development Foundation. In a little under 2 months, the partners have taken important steps to improve the companys payment settlement capabilities. According to MoneyGram, their newest pilot initiative has allowed them to deploy one of the quickest, most seamless integrations yet. As of now, participants in the U.S. can make dollar deposits into their wallets at certain MoneyGram establishments and leverage Stellar-based USDC Coin (USDC) to send instant payments abroad.

Digital P2P payments provider MoneyGram International, Inc. has integrated with Bangladesh mobile financial service bKash to enable more than 55 million bKash users to receive funds in real-time from around the world, according to a Wednesday (Nov. 17) press release. This latest integration is part of MoneyGram''s ongoing collaborative effort with Singapore-based Thunes, a B2B company []

MoneyGram's (MGI) deal with bKash marks the second phase of the partnership with Thunes, which targets the Asia-Pacific and Latin America regions.

MoneyGram's (MGI) deal with bKash marks the second phase of the partnership with Thunes, which targets the Asia-Pacific and Latin America regions.