MoneyGram Announces Mobile Wallet Capabilities Expansion in Africa Through New Strategic Partnerships

Source: Crowdfund Insider

Digital money transfer service MoneyGram announced on Monday new four mobile wallet and fintech partnerships that give the company access to mobile wallets in 28 markets in Africa. The company reported that the new partnerships are with Airtel, Thunes, InTouch and MFS Africa.

While sharing more details about the expansion into Africa, Grant Lines, MoneyGram Chief Revenue Officer, stated: "Africa is seeing significant growth in mobile money adoption across the continent, and we’re excited to partner with Airtel, Thunes, InTouch and MFS Africa to further support our collective goals to mobilize the movement of money. We continue to execute our plan to overhaul major receive markets, and I look forward to building upon our strong momentum in Africa through these new partnerships."