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Ripple Invests $20 Million in MoneyGram as a Part of Equity Investment
26.11.2019
In a recent public statement, the leading money transmission network, MoneyGram, has reported that Ripple, a blockchain-based payments firm, has completed its commitment of the final 20 million dollars Investment. MoneyGram Chairman and CEO, Alex Holmes, said, Our partnership with Ripple...
Ripple Finalizes $50 Million MoneyGram Investment
26.11.2019
Ripple now owns nearly 10 percent of MoneyGram's outstanding common stock after completing its $50 million equity investment
In XRP, Ripple's Second MoneyGram Investment Would be 50% Pricier
26.11.2019
If Ripple, an American blockchain company focusing on payments technologies, would have used XRP to pay for MoneyGram shares, the second part of the deal would have been 50% more expensive.
On Monday, the company said it has made the final USD 20 million investment in MoneyGram, a major money...
Ripple Completes Promised $50 M Investment in MoneyGram With Final $20 M
26.11.2019
Ripple has completed its original $50 million commitment with another $20 million investment in MoneyGram
10% of MoneyGram’s US-Mexico Business is Crypto-Enabled
9.11.2019
10% of MoneyGram’s US-Mexico business is crypto-enabled
MoneyGram CEO: 10% of Transaction Volume between US and Mexico Moves Through ODL
8.11.2019
In a conversation with Brad Garlinghouse on the Swell 2019 stage, Chairman and CEO of MoneyGram, Alex Holmes revealed that MoneyGram is presently moving 10% of its total transaction volume between the United States and Mexican borders via On-Demand Liquidity (ODL) and it is planning to expand...
CEO of MoneyGram to Highlight Blockchain Technology and Digital Assets’ Impact at Swell’19
17.10.2019
W.Alexander Holmes, the CEO and Chairman of MoneyGram, one among the biggest money transfer entities in the world, is all set to divulge valuable insights on the impacts that blockchain technology and digital assets have brought to the world at the Swell 2019 edition. Ripple shared the update...
Alex Holmes, MoneyGram’s CEO Acclaims XRP Along with Its Consequences
22.9.2019
Alex Holmes, CEO of MoneyGram, a major money transfer company, praised XRP after using its cross border payment platform xRapid. In one of his latest interviews, Holmes was exuberant, while sharing his experience about the use of digital asset XRP. The praise comes after the series of steps taken...
Ripple’s $30M Investment in Moneygram to have Greater Impact than Libra White Paper-Ripple’s CEO
9.8.2019
The world’s largest crypto company- Ripple is harvesting “strong balance sheet” and is all set to take off from this base to higher advantages. The CEO of the company- Bradley Kent “Brad” Garlinghouse is shifting gears in investments and acquisitions based on the 30 Million U.S. Dollars...
Ripple CEO: Moneygram Using XRP a Bigger Deal Than Facebook’s Libra
9.8.2019
Ripple CEO Brad Garlinghouse: xRapid will hit $1 billion in volume by 2020
Ripple Should Burn Half of its Reserved Supply of XRP, Suggests Crypto Trader
8.8.2019
A notable Crypto Enthusiast named Crypto Bitlord has recently come up with an interesting proposal suggesting Ripple burn half of its reserved supply of XRP. The decrease in the XRP supply would shoot up the coin’s prices more easily, reasons the proposal. The proposal, thanks to its logical...
This Is What MoneyGram is Using XRP For
8.8.2019
U.S.-based major money transfer company MoneyGram said it has already started to use Ripple's xRapid product that is aimed at minimizing liquidity costs and is powered by Ripple's XRP cryptocurrency. However, what are they using it for?
“We are using XRapid to buy a portion of our currency needs...
MoneyGram International Ventures into Strategic Alliance with Ripple for Global Payments
3.8.2019
MoneyGram, the Dallas based money Transfer Company, has associated with San Francisco based fintech Ripple as its primary partner for payments involving different countries. MoneyGram’s stock moved up to 168 percent recently following Ripple’s declaration that it will purchase...
Moneygram To Use Xrapid Of Ripple For Transnational Money Transfer
18.6.2019
Ripple has announced on Monday, 17th June, about their partnership with the currency transmission company MoneyGram. As per the reports, the cryptocurrency company is likely to invest $50 million into the money transfer company; in turn, MoneyGram will use XRP as a part of their everyday operation....
XRP Jumps on Ripple and MoneyGram Strategic Partnership News
18.6.2019
XRP, the native token of Ripple, jumped by c. 7% on the news that Ripple strengthens its partnership with major money transfer company MoneyGram.
However, later, the price corrected lower and is now up by almost 4% in the past 24 hours (04:27 UTC).
XRP price chart:
The California-based blockchain...
Ripple Could Invest Up to $50 Million in MoneyGram in XRP Boosting Deal
17.6.2019
Money transfer giant MoneyGram will use Ripple's xRapid and the XRP cryptocurrency to settle cross-border transactions as part of a new partnership
Ripple to Invest Up to $50M in MoneyGram Following New Partnership
17.6.2019
Blockchain-based payments firm Ripple has entered a strategic partnership with MoneyGram, one of the largest payments firms in the world
Ripple's Partner, MoneyGram is 'Ripe' for Blockchain
14.6.2019
While rumors were flying earlier in June that U.S.-based major money transfer company MoneyGram was acquired by Ripple, a U.S.-based crypto startup focusing on the banking sector, it appears that the money transfer company was already running "some pilot and trial" of blockchain-based solutions...
MoneyGram’s Innovation Head Predicts That Crypto Could Be The Future Of Global Money Transfers
10.6.2019
Leading global money transfer platform, MoneyGram’s global head of product and innovation has stated that cryptocurrencies could take over the global money transferring business. He said that it was ‘highly probable’ that people will use crypto to execute cross-border money transfers....
Ripple and MoneyGram Don't Comment as Acquisition Rumors are Flying
6.6.2019
After a rumor broke out yesterday that Ripple, a California-based crypto start-up focusing on the banking sector, has acquired the major US-based money transfer company MoneyGram, both companies refused to comment. Both have stated that they do not comment on speculations and rumors as a rule,...