Moneygram International Inc

This is a one-time special coverage on MoneyGram International, one of the largest cross-border money transfer companies in the world that has recently become a point of takeover interest for the Stellar Foundation and Advent. The company is among the many traditional finance players who are adopting technology and using it to transform their way of doing business. Cross-border money transfer businesses are often perceived as an out-of-date concept and investors prefer to avoid investing in dying industries. However, MoneyGram is far away from such a situation. The management has been innovating heavily in order to stay competitive. Its strong digital push since 2018 and the launch of MoneyGramOnline, a full-fledge fintech business with an orientation towards digital payments, has made the company an attractive acquisition target for competitors, other fintech players, and private equity funds alike.