MoneyGram International

MoneyGram International

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Investment Firm

Overview

MoneyGram is a global payment services company. The company’s products include global money transfers, bill payment solutions, and financial paper products. It conducts its business through its wholly-owned subsidiary MoneyGram Payment Systems, Inc. (MPSI). MoneyGram operates in two segments: Global Funds Transfer and Financial Paper Products and offers its money transfer services on the Internet through its MoneyGram Online service in the United States, United Kingdom, and through agent Websites in Italy, Saudi Arabia, and Japan. It also offers money transfer services via mobile phone, kiosks, ATM, receive cards, and direct-to-bank account products in various markets worldwide. Effective July 8, 2013, MoneyGram International Inc acquired Latino Services, an Atlanta-based provider of money transfer services.

Highlights

Founded

1940

Industry

Financial Services

Employees

1001-5000

Investment

4

Lead Investment

3

Exits

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Stages

Early Stage Venture

Investor Type

N/A

Location

United States, North America

Contact Information

Social

Profile Resume

MoneyGram International, established in 1940 and headquartered in United States, North America., specializes in Early Stage Venture investments across FinTech, Financial Exchanges, Blockchain, Cryptocurrency, Payments, Non Profit, Information Technology, Financial Services, Finance, Banking. Their recent investments include Amero Exchange, Stellar Development Foundation, Jingle Pay, Coinme. The highest investment round they participated in was $800.0K. Among their most notable exits are Amero Exchange and Stellar Development Foundation. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Greg Hall

Greg Hall

Chief Marketing Officer and Chief Customer Officer

imagePlace Brian Johnson

Brian Johnson

Head of Corporate Finance & Global Treasurer

imagePlace Anna Greenwald

Anna Greenwald

Chief Operating Officer

imagePlace David Paro

David Paro

Head of Global Sponsorships

imagePlace Bahar Dave Sahajwalla

Bahar Dave Sahajwalla

Chief Regulatory and Public Affairs Officer

imagePlace Cory Feinberg

Cory Feinberg

General Counsel and Corporate Secretary

Investment portfolio

MoneyGram International has made 4 investments. Their most recent investment was on Feb 20, 2024, when Amero Exchange raised $50.0K.

investments

4

Diversity investments

0

Lead investments

3

Number of exits

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Investments

4

Annouced DateOrganization NameIndustryMoney Raised
Jan 05, 2022
Coinme Coinme
FinTechnull
Oct 05, 2022
Jingle Pay Jingle Pay
Information Technologynull
Dec 28, 2023--null
Feb 20, 2024
Amero Exchange Amero Exchange
FinTech50.0K

Exits

0

Funding Timeline

Funding rounds

4

Investors

3

Funds

0

Funding Rounds

4

MoneyGram International has raised 4 rounds. Their latest funding was raised on Feb 20, 2024 from a Grant - Amero Exchange round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jan 05, 2022
Series A - Coinme Series A - Coinme
-0-
Oct 05, 2022
Corporate Round - Jingle Pay Corporate Round - Jingle Pay
-0-
Dec 28, 2023
Series A - Interstellar Series A - Interstellar
-0-
Feb 20, 2024
Grant - Amero Exchange Grant - Amero Exchange
-50.0K-

Investors

6

MoneyGram International is funded by 6 investor(s). Stellar Development Foundation and Ripple Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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