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Alexander Holmes
MoneyGram Takes 4% Stake in Coinme, Building on Existing Partnership
Cash transfer company MoneyGram International (MGI) has made a strategic minority investment in crypto-cash exchange firm Coinme, giving it a 4% ownership stake. Last May, MoneyGram allowed bitcoin buying and selling for cash at 12,000 U.S. retail locations through a partnership with Coinme. MoneyGram CEO Alexander Holmes and Coinme CEO Neil Bergquist share insights into the deal and what this means for their business operations, international expansion, and global crypto adoption.
MoneyGram Partners With Coinme to Offer Bitcoin
Over the past 80 years, MoneyGram has established itself to become one of the top money transfer companies in the world. Now, they are partnering with Coinme, a crypto-cash exchange, so that customers can buy and sell bitcoin with cash at over 17,000 U.S. locations.
