The MoneyGram and Sigue partnership is the most recent successful integration in the new MoneyGram as a Service business line
MoneyGram International has announced a partnership with Sigue Corporation, a US-based transnational P2P and B2B payment company.
The partnership enables Sigue’s US customer base to access MoneyGram’s domestic and international receive network, adding scale to Sigue’s existing global footprint.
Partnerships such as this expand processing volume by enabling other financial institutions to access the company’s global payout capabilities through its API-driven infrastructure and technology.
MoneyGram has grown to serve nearly 150 million people across the globe over the last 5 years. A lot of brands serve consumers through MoneyGram Online (MGO), its D2C digital business, global retail network, and emerging embedded finance business for enterprise customers, MoneyGram as a Service.
We’ve reported that Mastercard partnered with the Central Bank of Iraq.