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Webull provides the latest Moneygram Intl Inc (MGI) stock and general news. This information may help you make smarter investment decisions.
About MGI
MoneyGram International, Inc. is a financial technology company. The Company is a provider of cross-border peer-to-peer (P2P) payments and money transfer services. The Company operates through two segments, Global Funds Transfer (GFT) and Financial Paper Products (FPP). The GFT segment provides global money transfer services and bill payment services principally as an alternative to banking services. It offers services through third-party agents, including retail chains, independent retailers, post offices, banks, and other financial institutions. The Company also provides digital solutions such as moneygram.com, mobile app solutions, account deposit and kiosk-based services. The Company’s FPP segment provides money orders to consumers through its agents and financial institutions located throughout the United States and Puerto Rico and provides official check outsourcing services for banks and credit unions across the United States.