MoneyGram
Founded 1988 · Dallas, Texas, United States
Estimated rates Published fees (MoneyGram developer API available for partner integration)
Supported currencies
120
Supported countries
200
Transfer methods
Cash Pickup, Bank Transfer, Mobile Wallet, Debit Card, Credit Card, Home Delivery
Typical speed
Cash pickup available within minutes at 400,000+ agent locations. Bank deposits typically 1–3 business days. Mobile wallet transfers often same-day.
Fee model
Fees vary by corridor, amount, delivery method, and payment method. The MoneyGram API provides a quote endpoint with send amount, receive amount, fees, and guaranteed FX rate.
Website
API docs: https://developer.moneygram.com
Download: iOS App Store · Google Play
Regulation & Licenses
- US — FinCEN (Money Services Business), licensed money transmitter in all 50 states
- US — NY Banking Department (Money Transmitter)
- US — Georgia Department of Banking and Finance (NMLS #898432)
- EU — various national regulators
- UK — FCA
- Licensed in 200+ countries and territories
Key Facts
- Formed in 1988; one of the largest global money transfer networks alongside Western Union.
- Operates approximately 400,000 agent locations in 200+ countries and territories.
- Acquired by Madison Dearborn Partners in 2023, becoming a private company after years on NASDAQ.
- Founding federated node operator on Midnight, a privacy-focused blockchain network.
- Offers a public developer API for partners to integrate money transfer and crypto on/off-ramp services.
See MoneyGram rates on Coinnect
This profile contains publicly available, factual information only. Coinnect is not affiliated with, endorsed by, or sponsored by MoneyGram. Data sourced from official websites, press releases, and regulatory filings.