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MoneyGram is Now the Most Sophisticated Money Transfer Company

James Mayo
Nov 6 · 6 min read
  • MoneyGram is the first company to utilize both Visa Direct and blockchain technology.
  • The company will expand the use of blockchain globally after its Q3 success in Mexico, greatly increasing its operating margin in the next quarter (Q4).
  • On the most recent quarterly financials, SG&A cost dropped by 3% from 40% in Q1 of 2019 to 37%

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James Mayo

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Investor and former public accountant. I hold a masters in accounting and write about investing and finance. Online cubicle: www.financialbread.com

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