Earthport has announced the launch of a new service in partnership with MoneyGram (NASDAQ: MGI). MoneyGram is the second-largest money transfer company in the world and has $1.45bn in annual revenues. Through this partnership, MoneyGram customers will be able to send money quickly and conveniently to any RON bank account in Romania. The World Bank estimates that $3.2bn was sent to Romania in 2015, giving Earthport access to a large potential market. We are not making any changes to our forecasts ....
09 Jun 2016
New service launched with MoneyGram
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New service launched with MoneyGram
Earthport (EPO:LON) | 0 0 0.4% | Mkt Cap: 72.6m
- Published:
09 Jun 2016 -
Author:
Oliver Knott -
Pages:
3
Earthport has announced the launch of a new service in partnership with MoneyGram (NASDAQ: MGI). MoneyGram is the second-largest money transfer company in the world and has $1.45bn in annual revenues. Through this partnership, MoneyGram customers will be able to send money quickly and conveniently to any RON bank account in Romania. The World Bank estimates that $3.2bn was sent to Romania in 2015, giving Earthport access to a large potential market. We are not making any changes to our forecasts ....