2020-8-1 17:40 |
With the $15.1 million in Q2, MoneyGram has so far received $43 million for providing liquidity for Ripple’s XRP-based settlement system.
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MoneyGram’s Q2 financial report reveals that over $15 million worth of XRP was paid to the company by Ripple. The report says the payment was an incentive for the use of Ripple’s payment solution, On-Demand Liquidity (ODL).
2020-8-1 20:22 | |
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Moneygram, – The second-largest money transfer company in the world (after Western Union) – reported an $11. 3 million profit, obtained after its alliance with Ripple, implementing Ripple’s ODL solution, through its Annual Report to the U.
2020-3-23 10:02 | |
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In its recently filed annual report to the U. S. Securities and Exchange Commission MoneyGram reports $11. 3 million in revenue as a result of its Ripple partnership. Ripple Labs pays the remissions company as an incentive to use RippleNet in its operations.
2020-3-23 19:30 | |
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Ripple partner, MoneyGram, which uses Ripple's On-Demand Liquidity (ODL), using the digital asset for cross-border remittances, received over $11 million over 2019 from the firm, according to a legal filing with the US' Securities and Exchange Commission (SEC).
2020-2-27 00:38 | |
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MoneyGram International has published its full-year results, disclosing payments from Ripple totaling $11.3 million over the last two quarters of 2019. A press release from the company covers how the...The post MoneyGram Discloses $11M in Payments from Ripple appeared first on Crypto Briefing.
2020-2-26 16:56 | |
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Coinspeaker Ripple Provides Additional $11 Million in Investments to MoneyGramMoneyGram is one of the major partners of Ripple. And it received good investments from it. In the last half-year, it got a sum of another $11 million.
2020-2-26 16:38 | |
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According to SEC filings, MoneyGram and Ripple Labs are working together again in 2020
2020-2-27 10:24 | |
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In a just-released earnings report, Ripple partner, MoneyGram, showed a USD $11. 9 million loss for the fourth quarter of last year. This is the fifth consecutive quarter without a profit. Nevertheless, the company’s partnership with Ripple is set to open new sources of revenue.
2020-2-26 02:00 | |
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Payments firm Ripple has given MoneyGram over $11 million dollars in the past half year, according to regulatory filings with the Securities and Exchange Commission.
2020-2-26 00:40 | |
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With a disastrous year firmly behind its XRP token, there’s no stopping Ripple in 2020. Its major partner MoneyGram just received a $9 million investment from NYSE-listed Brinks. Brinks Invests $9M in MoneyGram As the global leader in total cash management, The Brink’s Company (NYSE: BCO) announced today that it had invested $9 million in MoneyGram International in Q4 2019.
2020-2-7 17:00 | |
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Ripple now owns nearly 10 percent of MoneyGram's outstanding common stock after completing its $50 million equity investment.
2019-11-26 14:35 | |
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Ripple’s commitment of $50 million in equity funding to MoneyGram has finally been completed with the second investment of $20 million coming through. The capital will help MoneyGram expand their operations without putting financial pressure on the On-Demand Liquidity service provided by Ripple and MoneyGram.
2019-11-26 14:00 | |
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Ripple has completed its original $50 million commitment with another $20 million investment in MoneyGram
2019-11-26 02:50 | |
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MoneyGram will use Ripple’s On-Demand Liquidity (ODL) solution in Australia, Europe and other important markets. The US-based and blockchain company Ripple made a $20 million investment in the money transfer giant MoneyGram, announces a Ripple press release.
2019-11-26 01:22 | |
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San Francisco-based Ripple Labs has just completed a $50 million investment in MoneyGram. The funds will help support the use of On-Demand Liquidity, a global payments product that uses XRP. Ripple first committed to the investment in June of this year.
2019-11-26 23:00 | |
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MoneyGram, the American fintech, recently announced that Ripple has made the final $20 million investment in MoneyGram equity "pursuant to Ripple's original $50 million equity investment commitment The post Ripple invests $20 million in MoneyGram to accelerate on-demand liquidity appeared first on AMBCrypto.
2019-11-25 19:00 | |
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Just recently, Ripple inked a deal with MoneyGram, an international money transfer company that has been in business for decades. The deal saw Ripple invest about $30 million in MoneyGram, a move that saw Ripple acquire a 10% stake in the company.
2019-8-10 22:27 | |
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Ripple is working on “multiple” investments and acquisitions after the $30 million investment in MoneyGram, reported Yahoo Finance. “We’re in a very strong position, our business is growing strongly, we have a strong balance sheet, and I intend to press our advantage,” Brad Garlinghouse, the CEO of Ripple revealed. Garlinghouse told the publication that active […]
2019-8-9 15:32 | |
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MoneyGram, the second-largest money transfer company in the world recently revealed that it has already started using XRP-powered cross-border payment platform, xRapid. This news came just a few weeks after MoneyGram announced it would be using the platform and received an initial investment of $30 million from Ripple. At the time, the price of its […]
2019-8-5 17:26 | |
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Crypto News – 04 July – Bitcoin moves from ‘digital asset’ to ‘haven asset’, Calibra head clarifies on control over Facebook’s Libra and more Don’t forget to follow us for our daily videos#FacebookLibra #BitcoinIsBack #Bitcoin #Cryptonews #Crypto pic.
2019-7-4 19:00 | |
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Ripple has recently made the news for announcing that it would invest $50 million USD on MoneyGram and SBI Holdings, a Japanese financial services company. Now, the company is on the spotlight again and, fortunately, it is because of good news once more.
2019-6-28 02:44 | |
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Not long after Ripple announcing a $50 million investment in MoneyGram, SBI Holdings, a financial services company based in Tokyo, announced that it had on-boarded seven new banks as Money Tap’s equity holders.
2019-6-28 20:30 | |
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Ripple has recently closed a deal with MoneyGram in which the company is expected to be using the xRapid product to make cross-border transactions through XRP. At the same time, the settlement company is expected to buy $30 million worth of shares for a price of $4.
2019-6-22 18:04 | |
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Ripple has been putting in lots of work to win over as many customers as possible across the financial sector. Many of these new customers joining RippleNet have been banks and other financial institutions like Western Union and MoneyGram.
2019-6-22 16:24 | |
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After giving a tough competition to other cryptos, XRP would be tapping into another firm that would make use of technologies requiring the use of crypto. Ripple struck a deal with money transfer giant, MoneyGram and according to the deal, the settlement company would buy $30 million worth of shares at a price of $4.
2019-6-21 12:15 | |
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Ripple (XRP) up 6. 7 percent from last week’s close MoneyGram partnership is bullish for XRP Not to be overshadowed and confirming previous rumors, Ripple’s injection of $50 million in MoneyGram is strategic.
2019-6-20 20:00 | |
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Ripple, one of the prominent players in the FinTech industry, continues to make strides in the cross-border payment settlement ecosystem. The firm recently announced a partnership with MoneyGram, a money transfer company headquartered in Dallas.
2019-6-19 17:30 | |
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Ripple has just inked a partnership with Moneygram in its quest to expand its market reach. The company has invested around $50 million in Moneygram. In so doing, Ripple means to shore up the adoption of XRP and take the crypto mainstream, especially considering that Moneygram serves a large user base that would benefit from […] The post Partnership Triggers Over 170% Surge For MoneyGram But Ripple’s XRP Still In Decline appeared first on ZyCrypto.
2019-6-19 17:02 | |
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Days after the launch of Visa’s cross border payment system, MoneyGram has partnered with Ripple to facilitate cross border payments with XRP. Ripple has agreed to provide $50 million in exchange for equity over two years, June 17, 2019.
2019-6-19 23:00 | |
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What a week it has been for the cryptocurrency industry, with Facebook unveiling its cryptocurrency project, Libra, and Ripple confirming a $50 million investment in MoneyGram. Needless to say, the payments industry will be the prime focus now.
2019-6-18 19:30 | |
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XRP, the third largest cryptocurrency by market cap has gained momentum which is coming 24 hours after Ripple’s announcement of its partnership with MoneyGram, an international payments service.
2019-6-18 18:55 | |
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By CCN Markets: Blockchain payment company Ripple on Monday announced that it is going to buy up to $50 million worth of stakes in MoneyGram, the second largest money transfer service in the world.
2019-6-18 15:35 | |
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Coinspeaker Ripple Takes 10% Stake in MoneyGram to Deploy XRPMoneyGram announced that they’ve agreed to a deal with blockchain company Ripple that involves an investment of up to $50 million.
2019-6-18 08:55 | |
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Ripple (XRP) enters key partnership with MoneyGram; invests $30 million - CryptoNinjas MoneyGram, a global money transfer company, announced today it has entered into a strategic agreement with Ripple (XRP), the provider of enterprise blockchain solutions for cross-border payments.
2019-6-18 01:45 | |
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Money transfer giant MoneyGram will use Ripple's xRapid and the XRP cryptocurrency to settle cross-border transactions as part of a new partnership.
2019-6-18 00:21 | |
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Ripple has in the past couple of years been hugely successful. Its xRapid payment solution has gained interest with major financial institutions including Western Union, American Express, MoneyGram and many more.
2019-3-13 15:43 | |
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Tether has announced the expansion of its USDT token to an eighth blockchain.
The FMA reports two-thirds of the investment fraud reports filed in 2020 were related to cryptocurrency and digital currency trading products.
This is the second bitcoin ETF approved to trade in Canada.
Geely will own 80% of the venture while Concordium will own the rest.
Gates has previously criticized cryptocurrencies and said he'd short bitcoin "if there was an easy way to do it."
A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe.
Local firm Bitcoin Suisse has partnered with the canton of Zug, converting cryptocurrency tax payments into Swiss francs.