OverviewSuggest Edit

MoneyGram International provides money transfer and payment services in the United States and internationally. The Company operates in two segments, Global Funds Transfer and Financial Paper Products. The Global Funds Transfer segment provides money transfer and bill payment services primarily to unbanked and under banked consumers. Its bill payment services allow consumers to make bill payments, pay routine bills, or load and reload prepaid debit cards to various billers in the credit card, mortgage, auto finance, telecommunications, corrections, satellite, health care, utilities, property management, prepaid card, and collections industries. The Financial Paper Products segment provides money orders to consumers through its retail and financial institution locations; and offers official check services to financial institutions.  ... Show more
TypePublic
Founded1926
HQDallas, US
Websiteglobal.moneygram.com
Employee Ratings3

Latest Updates

Employees (est.) (Feb 2019)2,936
Revenue (FY, 2015)$1.4 B(-1%)
Share Price (Feb 2019)$2.3 (-4%)

Key People/Management at MoneyGram

Alex Holmes

Alex Holmes

CEO
Larry Angelilli

Larry Angelilli

CFO
Joann Chatfield

Joann Chatfield

Chief Marketing Officer
Aaron Henry

Aaron Henry

EVP, General Counsel & Corporate Secretary
Wayne McGurk

Wayne McGurk

Chief Information Officer
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MoneyGram Office Locations

MoneyGram has offices in Dallas, Sacramento, Austin, Tucker and in 60 other locations
Dallas, US (HQ)
2828 North Harwood Street
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MoneyGram Financials and Metrics

MoneyGram Revenue

MoneyGram's revenue was reported to be $1.43 b in FY, 2015 which is a 1.4% decrease from the previous period.
USD

EBIT (Q2, 2018)

10.0m

Market capitalization (13-Feb-2019)

125.7m

Closing stock price (13-Feb-2019)

2.3

Cash (31-Dec-2017)

190.0m
MoneyGram's current market capitalization is $125.7 m.
Annual
USDFY, 2013FY, 2014FY, 2015

Revenue

1.5b1.5b1.4b

Revenue growth, %

(1%)(1%)

EBIT

177.9m71.4m16.2m

EBIT margin, %

12%5%1%
Quarterly
USDQ3, 2013Q1, 2014Q3, 2014Q1, 2015Q2, 2015Q2, 2016Q3, 2016Q2, 2017Q1, 2018

Revenue

383.0m358.0m330.6m358.8m383.7m383.1m410.0m380.0m

Sales and marketing expense

66.2m74.7m87.8m74.4m72.4m

Operating expense total

334.9m328.9m374.5m367.5m356.9m

EBIT

48.1m37.0m1.7m(15.7m)16.2m26.2m
Annual
usdY, 2011Y, 2012Y, 2013Y, 2014FY, 2015FY, 2016FY, 2017

Cash

211.7m227.9m318.8m250.6m157.2m190.0m

Accounts Receivable

Inventories

PP&E

134.8m165.6m201.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

175.2m151.6m148.6m173.1m127.4m145.1m

PP&E

125.9m133.6m140.0m145.5m174.7m192.0m198.1m196.8m201.3m204.8m212.1m

Goodwill

431.8m434.9m440.3m442.1m442.1m442.2m442.2m442.2m442.2m

Total Assets

4.9b4.8b4.6b4.6b4.5b4.3b4.3b4.4b4.4b4.4b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

52.4m72.1m(76.9m)16.3m

Depreciation and Amortization

50.7m55.5m66.1m79.9m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q2, 2018

Net Income

22.5m39.0m25.6m(3.0m)(72.0m)4.9m(1.1m)9.1m8.8m15.0m

Depreciation and Amortization

12.5m13.6m14.8m32.0m16.8m41.6m60.2m18.3m

Accounts Payable

158.3m161.1m170.4m150.9m

Cash From Operating Activities

50.5m90.7m139.0m(46.0m)54.8m31.7m84.5m(9.6m)
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MoneyGram Operating Metrics

FY, 2014FY, 2015FY, 2016Jan, 2017Q1, 2017Q2, 2017

Countries

200 200 200 200 200

Debit Card Programs

400 400 400

Languages

27 27 27 27 27

Locations

350 k350 k350 k350 k350 k350 k
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MoneyGram Revenue Breakdown

Embed Graph

MoneyGram revenue breakdown by business segment: 95.3% from Global Funds Transfer revenue and 4.7% from Other

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MoneyGram Online and Social Media Presence

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MoneyGram News and Updates

MoneyGram should bolster its digital channels (MGI)

This story was delivered to Business Insider Intelligence "Payments Briefing" subscribers hours before appearing on Business Insider. To be the first to know, please click here. Legacy remittance firm MoneyGram posted $345.8 million in total revenue in Q4 2018, marking a 14% annual decline on a cons…

MoneyGram anuncia una enmienda a su línea de crédito revolvente

DALLAS, 1 de febrero de 2019 /PRNewswire-HISPANIC PR WIRE/ -- MoneyGram International, Inc. ("MoneyGram" o la "Compañía") (Nasdaq: "MGI"), proveedor internacional de innovadores servicios de pago y transferencias de dinero, anunció hoy una enmienda a su línea de crédito revolvente, que no ...

MoneyGram Announces Amendment to Revolving Credit Facility

DALLAS, Feb. 1, 2019 /PRNewswire/ -- MoneyGram International, Inc. ("MoneyGram" or the "Company") (Nasdaq: "MGI"), a global provider of innovative money transfer and payment services, today announced it has amended its revolving credit facility, which is undrawn. Bank of America, N.A....

MoneyGram to Release Fourth Quarter and Full Year 2018 Results

DALLAS, Jan. 25, 2019 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) will announce its fourth quarter and full year 2018 financial results on Monday, February 11, 2019. Alex Holmes, Chairman and Chief Executive Officer, and Larry Angelilli, Chief Financial Officer, will host a conference call at ...

Exclusive: MoneyGram exploring options, including potential sale - sources

MoneyGram International Inc is exploring strategic alternatives, including a sale of the company, a year after a U.S. government panel nixed its $1.2 billion sale to China's Ant Financial, people familiar with the matter said on Friday.

Rosen Law Firm Reminds MoneyGram International, Inc. Investors of Important January 14 Deadline in First-Filed Case

NEW YORK, Jan. 9, 2019 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of MoneyGram International, Inc. from February 11, 2014 through November 8, 2018, inclusive (the "Class Period") of the important January 14, 2019 lead plaintiff...
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MoneyGram Company Life and Culture

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MoneyGram Frequently Asked Questions

  • When was MoneyGram founded?

    MoneyGram was founded in 1926.

  • Who are MoneyGram key executives?

    MoneyGram's key executives are Alex Holmes, Larry Angelilli and Joann Chatfield.

  • How many employees does MoneyGram have?

    MoneyGram has 2,936 employees.

  • Who are MoneyGram competitors?

    Competitors of MoneyGram include Loomis, Ant Financial and WorldRemit.

  • Where is MoneyGram headquarters?

    MoneyGram headquarters is located at 2828 North Harwood Street, Dallas.

  • Where are MoneyGram offices?

    MoneyGram has offices in Dallas, Sacramento, Austin, Tucker and in 60 other locations.

  • How many offices does MoneyGram have?

    MoneyGram has 64 offices.