MONEYGRAM INTERNATIONAL INC (MGI)

Company Profile

MoneyGram International, Inc. is a global payment services company, which engages in providing global money transfers, bill payment solutions, and money orders. The company is headquartered in Dallas, Texas and currently employs 3,186 full-time employees. The company went IPO on 2004-06-22. The firm 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. The company 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 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. The firm conducts business through its subsidiary, MoneyGram Payment Systems, Inc., under the MoneyGram brand.

Company Info

MONEYGRAM INTERNATIONAL INC

2828 N. Harwood Street, 15Th Floor

Dallas TEXAS 75201

P: 12149997640.0

CEO: W. Alexander Holmes

Employees: 3186

Website: https://corporate.moneygram.com/