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MoneyGram partners with Comera Pay to expand digital remittances from UAE

Dec 10, 2024•over 1 year ago

Contract Type

partnership

DallasFinancial ServicesFintech

Description

MoneyGram has announced a partnership with Comera Pay from Comera Financial Holding, part of the Royal Group of companies in Abu Dhabi. This partnership will enable Comera Pay customers to send cross-border remittances from the UAE to over 200 countries and territories around the world via the MoneyGram global network.

Company Information

Company

MoneyGram

Location

Dallas, Texas, United States

About

MoneyGram International, Inc. is a global financial technology company that enables consumers and businesses to move and manage money in nearly every country around the world. Through its expansive set of fintech offerings, MoneyGram provides millions of consumers annually the ability to seamlessly send money home to family and friends and buy, sell and hold cryptocurrencies on its industry-leading app. The Company's innovative cross-border platform enables its customers to send funds directly into bank accounts and mobile wallets or cash-in and cash-out more than 135 currencies and numerous cryptocurrencies through one of the largest cash distribution networks in the world. Modern, mobile and API-driven, MoneyGram's white-labeled remittance service also provides some of the world's top brands and organizations the ability to disburse funds directly to their consumer clients. Based in Dallas and known for its strong corporate culture globally, MoneyGram has been named a recipient of the Top Workplaces USA award for two consecutive years, an honor based entirely on employee feedback.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months