MoneyGram Competitors and Similar CompaniesClear all
MoneyGram's competitors and similar companies include Navient, Remitly Global, Green Dot, WorldRemit, Wise, PayPal and Western Union.
 MoneyGram MoneyGram is a global financial technology company providing money transfer and payment services. |  Navient Navient Corporation is a company that offers technology-enabled education finance and business processing solutions. |  Remitly Global Remitly Global is a company providing financial services to immigrants and their families. |  Green Dot Green Dot is a financial technology company providing prepaid debit cards and cash reload processing services. |  WorldRemit WorldRemit is a company that develops an online service that lets customers send money to their friends and family living abroad, using a computer, smartphone or tablet. |  Wise Wise (formerly known as TransferWise) is a financial technology company that provides money transfer and online currency exchange solutions. |  Western Union The Western Union is a global provider of money movement and payment services for consumers and businesses. | ||
Founding Date | Founding Date 1940 | Founding Date 2014 | Founding Date 2018 | Founding Date 1999 | Founding Date 2010 | Founding Date 2011 | Founding Date 1998 | Founding Date 1851 |
Type | Type Public | Type Public | Type Public | Type Public | Type Private | Type Public | Type Public | Type Public |
Tags | ||||||||
Locations | Locations Dallas, US HQ Brussels, BE São Paulo, BR Vancouver, CA Shanghai, CN Hong Kong, HK Mumbai, IN see more | Locations Wilmington, US HQ Fishers, US Muncie, US Reston, US Wilkes Barre, US | Locations Seattle, US HQ | Locations Pasadena, US HQ | Locations London, GB HQ Melbourne, AU Sydney, AU Sydney, AU Brussels, BE Brussels, BE São Paulo, BR see more | |||
Employees | Employees 2,43617% decrease | Employees 4,33022% decrease | Employees 1,600 | Employees 1,200 | Employees 4661% decrease | Employees 6,000 | Employees 27,2009% decrease | Employees 9,0001% increase |
Valuation ($) | Valuation ($) 1.1 b | Valuation ($) 1.7 b | Valuation ($) 2.9 b | Valuation ($) 610.2 m | Valuation ($) 900 m | Valuation ($) 96.2 m | Valuation ($) 73.6 b | Valuation ($) 4 b |
Financial | ||||||||
Revenue (est.) | Revenue (est.) $1.3b (FY, 2022) | Revenue (est.) $271m (FY, 2024) | Revenue (est.) $1.3b (FY, 2024) | Revenue (est.) $1.7b (FY, 2024) | Revenue (est.) £85.8m (FY, 2018) | Revenue (est.) £1.1b (FY, 2024) | Revenue (est.) $31.8b (FY, 2024) | Revenue (est.) $4.2b (FY, 2024) |
Cost of goods | Cost of goods $610.7m (FY, 2022) | Cost of goods $445m (FY, 2024) | Cost of goods N/A | Cost of goods N/A | Cost of goods £35.7m (FY, 2018) | Cost of goods £252.5m (FY, 2024) | Cost of goods N/A | Cost of goods $2.6b (FY, 2024) |
Gross profit | Gross profit $619.9m (FY, 2022) | Gross profit ($174m) (FY, 2024) | Gross profit N/A | Gross profit N/A | Gross profit £50.1m (FY, 2018) | Gross profit £805.2m (FY, 2024) | Gross profit N/A | Gross profit $1.6b (FY, 2024) |
Net income | Net income $34.2m (FY, 2022) | Net income $131m (FY, 2024) | Net income ($37m) (FY, 2024) | Net income ($26.7m) (FY, 2024) | Net income (£44.8m) (FY, 2018) | Net income £354.6m (FY, 2024) | Net income $4.1b (FY, 2024) | Net income $934.2m (FY, 2024) |
Operating ⚠ | ||||||||
Active Accounts | Active Accounts N/A | Active Accounts N/A | Active Accounts N/A | Active Accounts 4.3 (Q3, 2022) | Active Accounts N/A | Active Accounts N/A | Active Accounts 427 m (Q1, 2024) | Active Accounts N/A |
Countries | Countries 200 (Q2, 2019) | Countries N/A | Countries N/A | Countries N/A | Countries 148 (Jun, 2018) | Countries 170 (FY, 2023) | Countries N/A | Countries 200 (FY, 2022) |
Currencies | Currencies N/A | Currencies N/A | Currencies N/A | Currencies N/A | Currencies N/A | Currencies 40 (FY, 2023) | Currencies 150 (FY, 2022) | Currencies N/A |
Customers | Customers N/A | Customers 5.6 m (Q2, 2022) | Customers N/A | Customers N/A | Customers N/A | Customers 10 m (FY, 2023) | Customers N/A | Customers N/A |
Locations | Locations 350 k (Q2, 2019) | Locations N/A | Locations N/A | Locations 90 k (Q3, 2022) | Locations N/A | Locations N/A | Locations N/A | Locations N/A |
Transactions | Transactions N/A | Transactions N/A | Transactions N/A | Transactions 12.8 m (Q3, 2020) | Transactions 5.4 m (FY, 2016) | Transactions N/A | Transactions 6.5 b (Q1, 2024) | Transactions 70.6 m (Q2, 2023) |
Funding | ||||||||
Total funding raised | Total funding raised $ 59m | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 66m | Total funding raised $ 407.7m | Total funding raised $ 1b | Total funding raised $ 217m | Total funding raised N/A |
For sources of this data, please see the company profile
View Company Profiles
Navient
HQ
Wilmington, US
Employees
4,330↓ 22% decrease
Navient Corporation is a company that offers technology-enabled education finance and business processing solutions.
View companyRemitly Global
HQ
Seattle, US
Employees
1,600
Remitly Global is a company providing financial services to immigrants and their families.
View companyGreen Dot
HQ
Pasadena, US
Employees
1,200
Green Dot is a financial technology company providing prepaid debit cards and cash reload processing services.
View companyWorldRemit
HQ
London, GB
Employees
466↓ 1% decrease
WorldRemit is a company that develops an online service that lets customers send money to their friends and family living abroad, using a computer, smartphone or tablet.
View company