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Ripple to Dispose Stake in Moneygram Shortly After Announcing End of a Business Relationship
14.3.2021
Just a few days after announcing the end of its partnership with Moneygram, the fintech firm Ripple Labs is now moving to dispose of its stake in the listed company. In a filing with the U.S. Securities and Exchange Commission (SEC), Ripple says it has entered into an agreement with Jefferies...
Moneygram Halts Using Ripple Due to SEC Lawsuit Over XRP Cryptocurrency
23.2.2021
Moneygram has announced that it has suspended using Ripple’s platform due to the lawsuit against Ripple Labs and its executives by the U.S. Securities and Exchange Commission (SEC). Last year, the company earned $50.2 million from Ripple for using the platform. Moneygram Stops Using...
Ripple Is Selling 33% of Its Stake in Moneygram
29.11.2020
Ripple Labs Inc. is selling 4 million of its shares in Moneygram, or about a third of its total shareholding in the company. The decision seems in part to be motivated by the surging Moneygram share price and Ripple’s desire to cash out after buying the shares at a premium of $4.10 in 2019....
MoneyGram Declared $11.3 Million Ripple Cash Injection as Revenue
2.3.2020
MoneyGram previously declared $11.3 million in “Ripple market development fees” as revenue
MoneyGram Reveals Real-Time Remittance Tech, Based on Visa not Ripple
16.2.2020
MoneyGram’s COO told Cointelegraph that Ripple is not involved in its latest real-time settlements product
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 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...
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....
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