DALLAS and CHICAGO, June 1, 2023 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ:MGI) ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, and Madison Dearborn Partners ("MDP"), a leading private equity investment firm based in Chicago, today announced that funds affiliated with MDP have completed their previously disclosed all-cash acquisition of MoneyGram for $11.00 per share. MoneyGram's common stock has ceased trading and will be delisted from the Nasdaq stock market. "Completing the transaction with MDP

DALLAS, May 4, 2023 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ:MGI) ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, today provided an update on its previously announced agreement (the "Merger Agreement") to be acquired by funds affiliated with Madison Dearborn Partners, LLC ("MDP"). Today, the parties received approval from the Reserve Bank of India. As a result, all money transmission regulators in all applicable domestic and international jurisdictions have now provided their approval or non-obje

Consumers can now use the Company's leading website and mobile app to send funds from Chile to family and friends around the world As digital transactions now account for over 50% of the Company's money transfer business, growth continues to be driven by demand for its direct-to-consumer offering DALLAS, April 27, 2023 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ:MGI) ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, today announced the launch of MoneyGram Online ("MGO") in Chile. Consumers can now use the Company's leading website and mobile app to send funds from Chile to family and friends around the world. MoneyG

Ross will lead the Company's direct-to-consumer business and global digital strategy This announcement comes as digital transactions now account for over 50% of the Company's money transfer business DALLAS, April 24, 2023 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ:MGI) ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, today announced the appointment of Seth Ross as Chief Digital Officer. In this role, Ross will lead the Company's direct-to-consumer business and global digital strategy. He will report directly to Alex Holmes, MoneyGram Chairman and CEO, and will sit on the Executive Leadership Team. His appointment

DALLAS, April 14, 2023 /PRNewswire/ -- Carrefour Group ("Carrefour") and MoneyGram International, Inc. (NASDAQ:MGI) ("MoneyGram"), a leading global financial technology company that connects the world's communities, today announced they will expand MoneyGram services to over 500 Carrefour locations in multiple markets in 2024. Carrefour customers across Europe and Latin America will now be able to send money from their local hypermarket or supermarket to loved ones in over 200 countries and territories around the world. MoneyGram will support Carrefour on the operational manag

Companies were chosen based on a holistic approach to evaluating trust, which included three main touchpoints: customer trust, investor trust and employee trust This honor recognizes companies across several industries, including Financial Services, in which MoneyGram was ranked fourth overall in the category DALLAS, April 7, 2023 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ:MGI) ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, today announced it has been named one of the "Most Trustworthy Companies in America in 2023" by Newsweek.

The Company has been recognized for bringing real-world blockchain use case to life with first-of-its-kind global on/off-ramp service for digital wallets This prestigious international awards program celebrates outstanding financial technology products and companies DALLAS, March 27, 2023 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ:MGI) ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, has been named winner of the "Best Use of Blockchain in FinTech" award at the 2023 FinTech Breakthrough Awards. This program is conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top

Lynk's fast-growing user base now has the ability to receive cross-border payments directly to their smartphones MoneyGram is the first money transfer organization to bring this capability to market in Jamaica DALLAS, March 10, 2023 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ:MGI) ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, today announced a partnership with Lynk, the mobile wallet powered by National Commercial Bank Financial Group (NCBFG), the largest financial group in Jamaica. Through this partnership, Lynk's fast-growing user base now has the ability to receive cross-border payments directly to their sma

Digital revenue reached an all-time high of $98.6 million and digital transactions reached 47% of money transfer transactions at the end of the fourth quarter Digital transactions increased 47% in the fourth quarter over the prior year DALLAS, Feb. 24, 2023 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ:MGI) today reported financial results for its fourth quarter ended December 31, 2022. Fourth Quarter Business Highlights "MoneyGram reported strong results in the fourth quarter, rounding out a milestone year for the company and our innovative digital cross-border platfo

MoneyGram and urpay, one of the Company's key partners in the Middle East, hosted a joint customer to unveil the new car alongside MoneyGram Haas F1 Team drivers As a relentlessly customer-centric company, MoneyGram is dedicated to utilizing its title partnership of MoneyGram Haas F1 Team to bring customers close to the action DALLAS, Feb. 23, 2023 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ:MGI) ("MoneyGram" or the "Company") and MoneyGram Haas F1 Team today unveiled the VF-23, the car that that the team will take to the track to compete in the 2023 season of the FIA Formula One (F1) World Championship. The car was revealed this morning at pre-season testing in Bahrain, ahead of t

Barclays reiterated coverage of MoneyGram with a rating of Underweight and set a new price target of $6.00 from $10.00 previously

Barclays reiterated coverage of MoneyGram with a rating of Underweight and set a new price target of $9.00 from $7.00 previously

JP Morgan upgraded MoneyGram from Underweight to Neutral and set a new price target of $10.00 from $8.00 previously

Barclays reiterated coverage of MoneyGram International with a rating of Underweight and set a new price target of $6.00 from $4.50 previously

Northland Securities resumed coverage of MoneyGram International with a rating of Buy and set a new price target of $9.50