Payments firm MoneyGram (MGI) has added a service to its mobile app allowing nearly all U.S. customers to buy, sell and hold bitcoin (BTC), ether (ETH) and litecoin (LTC). The company expects to expand those cryptocurrency selections over the coming year, pending global regulation.

MoneyGram is expanding its money management tools to cryptocurrency with a new in-app service. The company announced Tuesday (Nov. 1) that it’s launching a new service to give United States consumers the opportunity to buy, sell and hold cryptocurrency via the MoneyGram mobile app.

The cost, time and experience upgrade that digital payments promise cross-border senders and receivers may be crystal clear to some, but it hasn’t happened yet. Even though there’s every reason to get it done with all speed, holdouts abound in parts of the world that still love to deal in cash.

The Haas Formula One team will have payments and money transfer company MoneyGram (MGI.O) as their title sponsor from next season in a multi-year deal that will provide a welcome infusion of cash for the series' only U.S. based outfit.

Haas F1 Team has signed Texas-based digital payments company MoneyGram as its new title sponsor, as F1 continues to enjoy rising commercial momentum in America. The deal will be announced this morning, and it's for three years starting with the 2023 F1 world championship.

Eight months after Haas F1 hastily pulled Russian sponsorship off its cars following Russia’s invasion of Ukraine, the team has a new title sponsor. Even better for Haas, the only American-owned team in Formula One will be backed by a global company headquartered in Dallas.

For many migrant families, cross-border payments, i.e. remittances, have become even more of a critical lifeline during recent economic hardships — from the pandemic to rising global inflation and concerns over a potential recession.

MoneyGram International, Inc. and Jingle Pay announced a partnership to enable global money transfers through the Jingle Pay app. Jingle Pay is a UAE-born financial super-app, which empowers its users with a fast digital account, to store, spend, and send money to 160+ countries, in 99+ currencies.

Consumers in the UAE can use the Jingle Pay app, supported by MoneyGram's global payment rails and near real-time capabilities, to send money to over 200 countries and territories around the world. MoneyGram has also announced the completion of a minority investment in Jingle Pay, giving it an approximate 12% equity stake in the UAE-based fintech.

MoneyGram has acquired a 12% stake in Jingle Pay as part of a wider partnership with the UAE-based financial superapp targeting the region's huge expatriate community. The UAE hosts nearly nine million expatriates, constituting approximately 89% of the population, making the country a powerhouse for outbound remittances.